06/30/2020
Mobile money gateway MFS Africa has acquired B2B digital payments player, Beyonic
Beyonic had previously raised an undisclosed seed round amount from US startup accelerator TechStars in 2016.
Mobile Banking
06/30/2020
The new dawn in mobile payments and virtual services
Patricia offers a better approach in transferring funds to anyone in the world.
06/29/2020
Mobile money is booming in Africa as countries shun cash amid the pandemic
As movement restrictions to curb Covid-19 prevent customers from accessing cash, mobile banking is filling the gap
06/25/2020
ila Bank Bahrain launches new savings solution
Customers can personalise it with a name, description and fun icon and create up to ten Hassalas to reach their goals, no matter how big or small.
06/25/2020
Conversational AI: the next evolution in banking
Routine transactions that require manual completion by bank staff cost businesses 20 times more than transactions handled by customers online, according to Bain & Company.
06/25/2020
Digital investing platform for women, Ellevest, expands into banking
As Krawcheck explained at the time, women were in need of a financial platform that took into account the specifics related to their lives
06/23/2020
Wells Fargo customers targeted with phishing attacks using calendar invites
We encourage our customers who receive suspicious emails to not respond, click on any links or open any attachments in any format.
06/22/2020
Huatai Targets Overseas Chinese with Mobile App
Retail brokerage is the one spot where we could potentially beat Wall Street investment banks, which are traditionally stronger in their institutional businesses.
06/22/2020
The Impact Of COVID-19 On The Usage Of Electronic Banking In Ghana
There has been a paradigm shift in banking from the traditional banking system to an improved platform anchored on the electronic system.
06/22/2020
HSBC debuts digital account sign-up process for small business customers
New remote system allows SMEs to open accounts without visiting branches, sending in documents
06/19/2020
Q2 rebrands Cambr as Q2 BaaS as it moves on from its partnership with StoneCastle
Q2 has hired the lead generation and sales professionals from Cambr and the team started working for its new employer last week.
06/19/2020
Atom Bank Receives ID Verification, Risk Monitoring and Other Core Banking Features from Thought Machine and TruNarrative
Thought Machine’s banking products include current/checking accounts, savings, loans, credit cards, and mortgages. Other customers include Lloyds Bank, SEB, and Standard Chartered.
06/19/2020
i2c Names BaaS Veteran To New EVP Of Americas Sales Role
McCarthy said in the announcement, “I am excited about Kevin joining the team to help manage the strong growth we are experiencing.”
06/19/2020
Bank Digitalization: Prepare for Liftoff
There’s always a tech element to digitalization, but the journey also requires transforming the bank’s organizational culture.
06/19/2020
Coders in demand as big banks begin hiring
Financial institutions are especially hungry for mobile app designers and data scientists who can build systems to move business online
06/18/2020
Mobile Banking Apps Riddled With Vulnerabilities: Report
Positive Technologies Says Popular Apps Susceptible to Hacking
06/17/2020
WhatsApp launches first digital payments option in Brazil
People can now use the encrypted mobile messaging service to send money or make purchases
06/17/2020
Covid-19 and Qatar: a lasting shift to virtual customer engagement?
While these solutions relate mostly to online payments, the pandemic has also transformed business-to-customer and business-to-business relationships in the banking sector.
06/16/2020
The Impact of Digital Finance on Financial Inclusion in Africa
Mobile banking is widely adopted in SSA, especially in rural communities, where the largest proportion[3] of the population resides
06/16/2020
Stanchart Ramps Up Tech Banking WithWallet-To-Bank
Standard Chartered Bank Botswana has launched Botswana’s first Wallet-to-Bank service.