Managers of Wealth Fintech

IBM wins $1.1 bn deal from Spain’s Banco Sabadell

Spain’s Banco Sabadell has selected IBM for a 1 billion euro ($1.11 billion) overhaul of its IT systems over the next ten years.

Digital payment gains should be used to acquire merchants, says Nirmala Sitharaman

The prebudget meeting on Friday was necessitated after the government waived off MDR for merchants on digital payments made through RuPay debit cards and Unified Payments Interface (UPI) devices from January 2020.

Open Banking year two: Insights from the CMA9

In February 2019, the Open Banking Implementation Entity published operational guidelines to provide clarity and recommendations to financial institutions – Account Servicing Payment Service Provider – on the regulatory requirements for a dedi

Goldman Sachs finally launches app for online bank Marcus, will offer loan payment

In point of fact, a mobile application for Goldman Sachs’ Marcus was long-awaited since a lack of mobile app had been frustrating its large customer-base

Calligo Expands European Cloud Reach With Ireland Acquisition

Calligo’s portfolio of services includes public and hybrid clouds, IT managed services and data analytics and artificial intelligence services, all supported by specific customer assistance with national, international and industry-specific data pro

China has developed the world’s first mobile quantum satellite station

The significant downsizing comes with a slight reduction in transmitting power.

Access to good data will decide winners in Singapore digital bank race: Maybank Kim Eng

With many hats thrown in the ring, access to good data will determine who wins Singapore's digital bank race, brokerage Maybank Kim Eng said in a report out this week. Without naming names, the Monetary Authority of Singapore on Tuesday announced it

University of Bahrain students win prizes in AFS' bwallet challenge

Winning attractive cash prizes, the first-place winners for the design of a new user interface for Bahrain's most popular mobile wallet app - bwallet were Mohammed Mukhtar, Hussain Mohammed, Abdulla Ayoob and Ghufran Abdulla

The open banking movement is inspiring consumers to ask who owns their banking data

Start-ups like Plaid are leading the charge in the U.S.

Standard Chartered switches on cross-border payments tracker

Standard Chartered was one of 12 member institutions and 10 multi-national corporates to participate in pilot trials of the service back in July 2018.

Turkey’s Smartest Mobile Assistant from VakıfBank Uses Sestek’s AI-powered Technology

“The safest and the smartest mobile assistant on the market today”

How Technology is Helping Traditional Banks to Modern Online Banking

As consumer-driven capabilities like mobile deposit and peer-to-peer transfer have grown, these core banking systems have had ad hoc updates

IBM and Chamber of Fintech partner to transform banking in Argentina

Fintech companies are leveraging on technologies that allow robust growth.

Five Ways To Improve The Business Process Management For Your Banks

Banks are facing a lot of challenges due to competition and they want an organized software for creating business processes delivering products and services so that they can attract customers by meeting their needs fully and quickly and retain them.

Financial inclusion: Kenya’s mobile magic

Kenya is among the top three African countries that are innovators in the financial sector –followed by South Africa and Nigeria

Banks and tech will finally get married in the 2020s: Wells Fargo's Mike Mayo

Mayo writes in his latest note that banks don’t have much of a choice, because of the money they’ve pumped into tech: “Banks spend more on tech than any other industry (~$150 billion per year) and, therefore, better get their money&r

Digital banks heighten competition in crowded sector

Besides stiff competition, the entrance of non-bank players, like e-wallets, is sucking millions from banks

Digital bank Monzo seeks £50-100m investment

Its app-based banking system that enables customers to easily move money between accounts, has proved popular with British millennials.

Grab and Singtel team up to apply for a digital full bank license in Singapore

Grab launched in 2012 as a ride-sharing company, but now bills itself as “Southeast Asia’s leading super app”

Austrian fintech company raises $13 million

Representatives confirmed that this is one of the highest FinTech investments in Austria this year.

Mobile Banking