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Mobile Banking

12/17/2019

Vodacom Tanzania and WorldRemit launch mobile money transfers to M-Pesa accounts in Tanzania

Vodacom M-Pesa customers can now receive money instantly from over 50 countries worldwide using the WorldRemit app or website

12/17/2019

Fintech lenders tighten standards, become more like banks

“We, together with others, are being increasingly picky about the loans that we are booking,” LendingClub CEO Scott Sanborn told investors last month.

12/13/2019

Banks position for payments war as PAX enters Australia with Android card-killer terminal

Native Ali Pay and WeChat payments muscle in on Mastercard and Visa.

12/13/2019

Visa: improving access to digital payments in Africa

In addition, MFS Africa will integrate Visa’s real-time push payments solution into its platform to provide a fast, convenient and secure way to send and receive money and remittance.

12/13/2019

CPMI report sets out considerations for developers of wholesale digital tokens

The report only covers variants of digital tokens issued by identifiable issuers and denominated in sovereign currency.

12/12/2019

Mobile-based M-Shwari lends Sh430 billion in seven years

The merged entity reported a 17.3 percent net earnings growth to Sh7.7 billion in the nine months ended September

12/12/2019

Why the banking sector can’t do without Cloud Computing?

According to a study by IDC, banking as a whole is among the top three sectors planning to invest more financial resources in cloud services, as much as $20 billion for the next year alone.

12/12/2019

Bank of America will pay people $15 to use its app

Customers can see if they’re eligible via the app, but will also be notified of eligibility if they try to deposit a check at an ATM or at a bank.

12/11/2019

Wirecard and Orange Bank Enable Mobile Payments for Even More French Consumers

Orange Bank recognized this trend early on and, together with Wirecard, developed an innovative mobile banking solution

12/10/2019

Cloud computing surges in the UAE in 2019

Cloud computing take-up saw a significant acceleration in the Middle East throughout this year

12/10/2019

StanChart taking digital route to expansion in Asia and Africa

He told The Straits Times that his bank's digital push into markets like Hong Kong and Singapore is to target a different group of customers

12/09/2019

Financial Abuse in the Age of Smartphones

Keystroke-monitoring software, hidden cameras, GPS tracking devices: Survivors chronicle their abuse—and escape

12/06/2019

Equisoft Partners with Refinitiv to Deliver a Powerful Solution for Wealth Managers

Equisoft/analyze for wholesalers powered by Refinitiv Lipper data helps wholesalers evolve from just a source of product information to a genuine tech-enabled business consultant engaged in helping advisors grow.

12/04/2019

QIB upgrades corporate Internet banking portal with innovative features

With the addition of the new Auto Cover — liquidity management function, customers can use the online portal to link two accounts, in order to make payments from one account and cover funds from another account instead of issuing physical cheques.

12/04/2019

African Development Bank launches digital tool to help African youth learn to code

The platform teaches technical courses such as web development, design, data science and digital marketing and will be constantly adapted to respond to market demand. It is accessible on mobile devices, even in low internet connectivity settings and has a

12/03/2019

FinecoBank inks deal with Columbia Threadneedle

The announcement follows FinecoBank’s launch of its fund investment offer in partnership with M&G.

12/03/2019

As Chinese Digital Banks Arrive, OCBC Gets Ready

It’s attractive to us because it’s the way that we can test out in the new digital economy as to what we could do.

12/02/2019

MTN must adapt mobile-money model to crack South African market

South Africa’s more urban population has greater access to traditional financial services than rural populations

12/02/2019

Android 'spoofing' bug helps targets bank accounts

The problem emerged after Promon analysed malicious apps that had been spotted draining bank accounts.

12/02/2019

Banks see Fed payments proposal opening door to fintech rivals

Banks have invested heavily in payment systems, and they alone can access the Fed’s transfer systems.

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