September 18, 2020 @ 8:43 pm By Omar Faridi  |  

The Qatar Financial Center Regulatory Authority (QFCRA) recently revealed that it will be migrating its online services to the Microsoft Cloud in order to move forward with its digital transformation strategy. The move to Microsoft Cloud comes after the Middle Eastern nation’s Ministry of Transport… Read More

 Tagged cloud, eisa Ahmed abdulla, lana khalaf, microsoft, microsoft azure, microsoft cloud, middle east, qatar, qatar financial center regulatory authority, qfcra

September 18, 2020 @ 8:15 pm By Omar Faridi  |  

Kate MacDonald, New Zealand Government Fellow at the World Economic Forum, and Lofred Madzou, Project Lead, AI and Machine Learning at the World Economic Forum have published a report that explains how AI can benefit everyone. According to MacDonald and Madzou, artificial intelligence can improve… Read More

 Tagged ai, artificial intelligence, india, kate macdonald, lofred madzou, machine learning, malta, ML, singapore, uk, united kingdom, wef, world economic forum

September 18, 2020 @ 7:33 pm By Omar Faridi  |  

Lizzie Chapman, CEO and co-founder at ZestMoney, which claims to be one of the largest and fastest-growing Fintech firms in India, recently discussed what she considers the future of lending in a post COVID world. She acknowledges that this has been one of the most… Read More

 Tagged alternative lenders, alternative lending, consumer lending, coronavirus, covid-19, customer data, digital lending, financial data, fintech lending, india, lizzie chapman, online lending, traditional lenders, zestmoney

September 18, 2020 @ 6:23 pm By Omar Faridi  |  

Industry professionals in Indonesia are calling on Fintech firms to expand their operations outside of Java and partner up with the nation’s government in order to cater to the requirements of the unbanked population. Only 23% of Fintech firms in the country have a reach… Read More

 Tagged digital financial services, djauhari sitorus, financial literacy, financial services authority, fintech adoption, indonesia, Java, mirza adityaswara, ojk, sme's, southeast asia, triyono gani

September 18, 2020 @ 3:11 pm By Samantha Hurst  |  

bnc10, a new fintech challenger based in Barcelona, Spain, has successfully secured its initial £300,000 equity crowdfunding target through its Crowdcube campaign, which has attracted more than 225 Crowdcube investors. Founded in 2018 and launching earlier this year, bnc10 stated it has grown rapidly, hitting… Read More

 Tagged bnc10, challenger, crowdcube, digital bank, digital banking, fintech, spain

September 18, 2020 @ 2:55 pm By Samantha Hurst  |  

RoosterMoney, a UK-based money managing mobile app, is now seeking to raise a minimum of £2.1 million through its equity crowdfunding campaign on Crowdcube. Founded in 2015, RoosterMoney claims it transforms the way families manage pocket money. “Our mission is to take children from their… Read More

 Tagged digital banking, mobile app, money managing, roostermoney, seedrs, uk, united kingdom

September 18, 2020 @ 1:58 pm By Samantha Hurst  |  

Quanto, a Brazil-based opening banking platform, announced earlier this week it secured $15 million through its Series A funding round, which was led by Bradesco and Itaú Unibanco, with participation from Kaszek Ventures and Coatue. Founded in 2016, Quanto states it is “breaking apart” the… Read More

 Tagged bradesco, brazil, digital banking, investment, itau unibanco, open banking, quanta, series a

September 18, 2020 @ 9:27 am By Samantha Hurst  |  

Online financial advisor Betterment announced on Thursday it has formed a partnership with insurtech company Sure to provide cell phone insurance to Betterment Checking users, offering coverage for phone damage or theft. The offering is notably available to any Betterment Checking user that pays their monthly cell bill… Read More

 Tagged betterment, cellphone, fintech, insurance, smartphone, sure

September 18, 2020 @ 8:14 am By Samantha Hurst  |  

Cloud-based clearing bank ClearBank announced on Thursday it is now offering multi-currency banking accounts through API. The banking group reported that in the fourth quarter of 2020 it will be able to offer more than 30 multi-currency bank accounts, which will provide customers with the… Read More

 Tagged api, banking, clearbank, cloud-based, digital banking, multi-currency

September 18, 2020 @ 7:42 am By Omar Faridi  |  

The UAE’s Ministry of Finance will be working with the First Abu Dhabi Bank (FAB) in order to launch electronic or digital Dirham contactless payments cards for settling governmental service charges. The eDirham has been set up as a system of digital channels that are… Read More

 Tagged abu dhabi, digital dirham, digital payments, digital transactions, digital wallet, dubai, edirham, first abu dhabi bank, hana al rostamani, mena, mena region, middle east, online wallets, Personal Banking, ramana kumar, Retail Banking, uae, united arab emirates