Tagged: digitalization

October 25, 2021 @ 9:42 pm By Omar Faridi  |  

FIS and Money.Jo have teamed up to adapt to significant changes in consumer behavior in the MENA region. Less than a year after establishing business operations in Jordan, Money.Jo (also called Money for Finance) became the nation’s leading consumer loan provider, with €3.9 million in… Read More

October 25, 2021 @ 8:38 am By Omar Faridi  |  

UK’s Wesleyan Bank reveals that Australia-based Fintech firm Sandstone Technology is now a  digital partner to enhance its platform for individuals and small business clients. Sandstone Technology front-end virtual banking solutions offer an intuitive banking experience across multiple channels for personal and business applications. Equipped… Read More

October 22, 2021 @ 6:25 pm By Omar Faridi  |  

Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp (NYSE: STL) and Cashfac, an international financial technology firm focused on supporting operational cash management, are confirming that Sterling has moved into production with their Virtual Account Manager, offered via Cashfac’s Software as a… Read More

October 22, 2021 @ 7:11 am By Omar Faridi  |  

Barclays has introduced automated policy management and compliance tech from Regtech firm Clausematch to 90,000 workers across the globe. We're excited to share that @Clausematch #PolicyPortal is now streamlining compliance for all @Barclays employees globally! The rollout of the Portal is the culmination of a… Read More

October 22, 2021 @ 7:09 am By Omar Faridi  |  

The BBVA Group is launching an all-digital retail banking in Italy, with a “unique” value proposition and customer experience. BBVA is entering the Italian market with free digital banking; “one of the most secure cards in the world – as there are no printed numbers… Read More

October 20, 2021 @ 4:21 pm By Omar Faridi  |  

Glia, a provider of Digital Customer Service, has announced that Liberty Bank has chosen its Digital Customer Service platform. By leveraging Glia’s platform, the bank will be able to digitize its customer service model, “resulting in an easier, more streamlined customer experience as well as… Read More

October 20, 2021 @ 11:45 am By Omar Faridi  |  

Constellation Digital Partners have introduced a digital service for Farmers Insurance Federal Credit Union (FIGFCU) on the Constellation platform. This launch reportedly includes support for member enrollment and authentication, with Android and iOS application support. The digital service FIGFCU comes with a location finder from… Read More

October 19, 2021 @ 9:47 pm By Omar Faridi  |  

TietoEVRY is announcing its new strategy to promote better customer value and growth via specialization. The technology industry is being transformed with the Cloud as the foundation, offering expansion opportunities for the firm. Expansion will mainly focus on Cloud-native services, data & software engineering and… Read More

October 18, 2021 @ 9:47 pm By Omar Faridi  |  

Amanah Saham Nasional Berhad (ASNB), the wholly-owned unit trust management firm of Permodalan Nasional Berhad (PNB), revealed earlier this week the introduction of its mobile registration and online onboarding solution (e-KYC), along with a goal-based investing feature via the myASNB mobile app. The digital onboarding… Read More

October 17, 2021 @ 7:17 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Grab, which is Southeast Asia’s leading “Super App” provider, announced on October 14, 2021, a regional partnership to support digital and financial inclusion in the region. This partnership will aim to offer millions of informal workers and small businesses on the… Read More

October 16, 2021 @ 2:17 am By Omar Faridi  |  

Diebold Nixdorf (NYSE: DBD), an international leader in supporting connected commerce for the banking and retail sectors, reveals that Fidelity Bank will be replacing its self-service network with DN SeriesTM ATMs, updating to the latest technology. As mentioned in a release, the new Windows 10… Read More

October 14, 2021 @ 1:05 pm By Omar Faridi  |  

Banco Santander (NYSE: SAN) (via Santander Universities) and MIT Professional Education are providing 400 “Santander Tech | Emerging Technologies Program by MIT Professional Education” scholarships “geared at courses related to in-demand technologies such as blockchain, AI, and cybersecurity in a job market dominated by digitalization… Read More

October 12, 2021 @ 7:54 am By Omar Faridi  |  

Standard Chartered (LON: STAN) is teaming up with Demica, a major Fintech focused on working capital solutions, in order to streamline access to the bank’s supplier finance program,  allowing easier enrolment for suppliers via an online portal while providing a seamless experience for the Bank’s… Read More

October 11, 2021 @ 3:46 pm By Omar Faridi  |  

Over a third or more than 30% of Bank of Ireland branches across the nation closed down permanently on Friday (October 8, 2021). As reported by The Journal, clients at 88 physical Bank of Ireland branches across the country had been able to use their… Read More

October 11, 2021 @ 7:12 am By Omar Faridi  |  

Silicon Valley-headquartered Mbanq, a Banking-as-a-Service (BaaS) provider that claims to be one of the fastest-growing Fintech firms, has entered into an agreement with Temenos (SIX: TEMN), the Open Cloud banking firm, in order to introduce an innovative Credit-Union-as-a Service (CUaaS) offering, and to “accelerate BaaS… Read More

October 10, 2021 @ 4:38 pm By Omar Faridi  |  

Payments are entering a new “experience-driven” era (Payments 4.X1), “ushered in by an accelerated transformation timeline” because of the Coronavirus crisis and the increasing virtual appetite of clients, according to the World Payments Report 2021 released by Capgemini. As noted in a release: “With the… Read More

October 10, 2021 @ 12:49 pm By Omar Faridi  |  

UK-headquartered Darlington Building Society has confirmed the selection of a new onboarding system provided by ieDigital. The building society stated that its updated system will give members the option to open up accounts online in a streamlined manner. It will also offer various self-service options… Read More

October 4, 2021 @ 8:53 pm By Omar Faridi  |  

Singapore-based Ojamu, a blockchain-powered Martech platform, has acquired $1.7 million in capital via an oversubscribed private sale. Ojamu, which is a marketing technology platform that aims to leverage the power of blockchain tech, artificial intelligence, and NFTs to implement digital marketing campaigns for various brands,… Read More

October 1, 2021 @ 8:08 am By Omar Faridi  |  

ModusBox is teaming up with Mambu, the global Fintech platform. Through their partnership, the companies aim to support the next generation of financial institutions in order to challenge the status quo. Mambu and ModusBox intend to bring a combination of domestic and international experiences and… Read More

September 30, 2021 @ 8:47 am By Omar Faridi  |  

Three Egypt-based banking institutions will be establishing a 1 billion Egyptian pound Fintech fund (appr. $63.6 million) in order to offer support to Fintech firms (starting October 2021). The three banking institutions include the National Bank of Egypt, Banque Misr, and Banque du Caire, along… Read More