Tagged: digital transformation

July 12, 2021 @ 5:40 pm By Omar Faridi  |  

Argentina’s fast-evolving Fintech sector now includes more than 300 firms that currently employ around 15,000 workers. During this year, the nation’s financial technology ecosystem is expected to create over 5,600 new roles, which indicates that the Fintech industry is set to experience steady growth and… Read More

July 9, 2021 @ 5:27 pm By Omar Faridi  |  

BigPay is focused on expanding its business operations into Thailand after Airasia’s acquisition of Gojek’s Thailand division via its digital unit in a deal valued at RM208 million (appr. $50 million). This move has been announced ahead of AirAsia‘s plans to offer a Super app… Read More

July 9, 2021 @ 8:15 am By Omar Faridi  |  

London-headquartered Hudson Fintech, a Capital Markets tech company, has teamed up with 1066NOW, an Oracle Partner, in order to offer the Hudson Edge platform to financial institutions that are currently using Oracle’s suite of products. Through the partnership, 1066NOW’s Banking Integration Application (BIA) will aim… Read More

July 5, 2021 @ 7:22 pm By Omar Faridi  |  

Capital Bank Group has reportedly chosen open API banking solutions provider Codebase Technologies in order to develop and deploy its first all-digital banking platforms in Jordan and Iraq. Through the partnership, Capital Bank Group will aim to deliver its digital bank offering to its retail… Read More

July 4, 2021 @ 12:28 pm By Omar Faridi  |  

Bank Negara Malaysia, the nation’s reserve bank, recently revealed that it received 29 different applications for a virtual bank license under the Financial Services Act 2013 and the Islamic Financial Services Act 2013. This has come after a 6-month application period, which came to an… Read More

July 3, 2021 @ 1:15 pm By Omar Faridi  |  

Cornèr Bank Group, an established issuer of credit and prepaid cards to individuals and companies across Europe, has reportedly reached a key milestone in its digital transformation efforts by successfully migrating its card portfolios across all products and markets to an advanced and more consolidated… Read More

July 2, 2021 @ 4:44 pm By Omar Faridi  |  

Trifork, a next-gen IT solutions provider, and Modularbank, a Cloud-enabled Core banking tech firm, have agreed to an integration partnership, solidifying both firms’ banking and Fintech product offerings. As banking continues its rapid digital transformation from physical branches to all-digital platforms (a trend accelerated by… Read More

July 2, 2021 @ 11:17 am By Omar Faridi  |  

Mouro Capital, a VC fund that’s mainly focused on Fintech companies and related businesses and backed by Banco Santander (BME: SAN), has reportedly joined Mexico’s digital freight forwarder Nowports’ $16 million Series A round. Nowports is notably Mouro Capital’s first investment in the logistics sector, an… Read More

July 1, 2021 @ 10:58 pm By Tony Zerucha  |  

Pakistani digital bank UBL is partnering with Temenos and National Data Consultant to produce an omnichannel digital online banking platform digital banking solution. It builds upon UBL’s launch earlier this year of the Islamic Digital Account and UBL Pay, which allows customers to use phones… Read More

July 1, 2021 @ 5:29 pm By Omar Faridi  |  

Real asset fundraising figures have “lagged recently,” with fundraising during the past 4 quarters reaching its lowest levels since “late 2012,” according to a new report from Pitchbook. As noted in the report from Pitchbook, infrastructure has managed to continue attracting considerable funding, meanwhile, the… Read More

June 30, 2021 @ 9:07 pm By Omar Faridi  |  

Australia-based eftpos Group has introduced its new digital identity solution that will serve as a standalone Fintech division. The new initiative, called Connect ID and created with assistance from SecureKey, is currently live, with the stated goal of making it simpler for consumers in Australia… Read More

June 29, 2021 @ 12:00 pm By Omar Faridi  |  

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

June 26, 2021 @ 9:25 pm By Omar Faridi  |  

The Rizal Commercial Banking Corporation (RCBC) has introduced a digital transformation initiative with assistance from the Rural Bankers Association of the Philippines (RBAP). The new project will be supporting the SynerFi Open Finance Network. This development has come shortly after the Bangko Sentral ng Pilipinas… Read More

June 24, 2021 @ 1:12 am By Omar Faridi  |  

Accenture (NYSE: ACN) has reportedly made an investment, via Accenture Ventures, into Imburse, a Cloud-powered, payments-as-a-service enterprise platform that aims to simplify the way businesses gain access to the international payments ecosystem. Established in Zurich, Switzerland in 2018, Imburse works cooperatively with various insurers, banking… Read More

June 24, 2021 @ 12:14 am By Omar Faridi  |  

Mobiquity, a full-service digital transformation service provider, revealed that it has expanded its operations into the Asia-Pacific. The company’s APAC expansion will be supported by the appointment of ex- Microsoft and IBM Director, Gustavo Quiroga, who will be serving as Vice President of Business Development… Read More

June 23, 2021 @ 9:59 pm By Omar Faridi  |  

SnapSwap, a provider of digital transformation services for financial services and businesses, has reportedly chosen Banking Circle to offer quicker and lower-cost payments to its clients. By leveraging Banking Circle’s Payments on Behalf of (POBO) and Collections on Behalf of (COBO) services, SnapSwap will see… Read More

June 21, 2021 @ 8:17 pm By Omar Faridi  |  

Ezbob Ltd., a customer acquisition technology provider for financial services, has launched a new modular software-as-a-service or SaaS platform that addresses key trends in the financial services industry. The firm’s Ezbob Express aims to focus on providing financial services companies with the flexibility of filling… Read More

June 19, 2021 @ 8:53 pm By Omar Faridi  |  

ICICI Bank Ltd, a privately-owned Indian development finance institution with its registered office in Vadodara, Gujarat, and corporate office in Mumbai, Maharashtra, has launched “ICICI STACK for Corporates,” which is described as a complete set of digital banking services for corporates and their promoters, group… Read More

June 19, 2021 @ 3:33 pm By Omar Faridi  |  

Hong Kong-based digital technology park Cyberport has revealed that the application stage for the initial phase of its Fintech Proof-of-Concept (PoC) Subsidy Scheme has now closed. The initiative reportedly received more than 80 applications. The scheme has been commissioned by the Financial Services and the… Read More

June 17, 2021 @ 2:39 am By Omar Faridi  |  

Gabriella Kindert, who is considered an expert in private debt markets and has reportedly managed billions (currently serving as a Board member at EstateGuru), says that she encourages investors to check out different lending platforms. In a recent interview, Kindert talked about  how they should… Read More