04/14/2020
Covid-19 crisis to lead to unprecedented digital disruption
Officially, South Africans do just 1.4% of their buying online according to card company Visa, but that figure is likely exploding during lockdown.
Mobile Banking
04/14/2020
Covid-19 will drive big changes in digital customer service
Customer service is facing unprecedented pressure.
04/14/2020
Banking and Payments predictions 2020: Digital banking
More firms will leverage their brand’s shared community or identity to enter financial services, with Airbnb a bank for landlords, Netflix a bank for gig economy film workers, Uber already one for drivers, etc..
04/13/2020
Japanese fintech firm Paidy raises fresh funding from existing investor Itochu
The company also launched buy now, pay later payments on Amazon Japan in November 2019, per its recent press release.
04/13/2020
HPE Financial Services Offers $2 billion to Help Customers and Partners Weather COVID-19 in the UAE and across the Globe
“By dedicating $2 billion in financing and leveraging its broad portfolio of flexible payment solutions, HPEFS will help business leaders navigate through the impact of COVID-19 on their markets.”
04/13/2020
Commercial Bank launches products for digital payments and remittance
Customers using the CB mobile app will be able to apply for this card for their homeworkers and domestic staff.
04/09/2020
MAS Urges Use of Digital Finance and E-Payments to Support COVID-19 Safe Distancing Measures
To date, more than 2 million individuals have registered to use PayNow.
04/08/2020
In-Depth: Making Sense of Digital Bank Policy
At some level of abstraction, most of us would probably agree that digital banks could be a positive influence on these banking systems even if the logic and the mechanics of that process elude us.
04/08/2020
Africa Data Centres Acquires Standard Bank’s Data Centre Hub In Johannesburg
The transaction is subject to the approval of the South African Competition Authorities, with the company describing the facility as “Africa’s most prestigious data centre”.
04/08/2020
Harnessing the power of new technologies – why banks must take advantage of open banking
Open banking has quietly revolutionised the banking experience, making it more convenient and accessible for consumers.
04/06/2020
PLDT, KKR, Tencent, IFC and IFC Emerging Asia Fund Commit Up to US$120mn of New Investments in the Philippines’ Voyager Innovations
Through its PayMaya app and wallet, it is providing millions of Filipinos with the fastest way to own a financial account with over 40,000 Add Money touchpoints nationwide
04/03/2020
Luxury Brands Digital Marketing That Worked in China During the COVID-19 Crisis
A report from the advertising agency Dentsu Aegis Network predicted ad spending in China would grow at a rate of 3.9 percent.
04/03/2020
Ethiopia is opening up its mobile money market to new players
The hope is these moves, part of a wider set of promised economic reforms under prime minister Abiy Ahmed will help open up the Ethiopian economy.
04/02/2020
Microsoft launches new Microsoft 365 Personal and Family subscriptions
Company adds new experiences to bring family and friends closer to create, share, connect, and collaborate across the web and devices
04/02/2020
Hong Kong virtual bank Airstar begins pilot trials
Users will be able to open savings accounts and access unsecured lending products with interest accrual on a daily basis.
04/02/2020
Bahamian tech developer launches professional services App
According to Adderley, Pro242 aims to ensure that consumers connect with professionals who can “do the job and do it right”.
04/01/2020
Citi Partners With Major Hong Kong E-Shopping Platform
The partnership is timely as HKTVmall has emerged as a major player for homebound Hong Kongers who use the platform to purchase daily necessities.
04/01/2020
PrivyID joins FIDO Alliance
PrivyID is Indonesia's legally-binding digital signature and trusted digital identity solution provider.
04/01/2020
Facebook Makes It Easier for Users to See All the Data It Collects
The Download Your Information tool will also include more information about inferences Facebook makes about its users based on the content users interact with on its platforms.
04/01/2020
Xiaomi-Backed Virtual Bank Announces Hong Kong Pilot
Online-Only Banking Kicks Off in Hong Kong