Tagged: online banking

August 18, 2020 @ 11:56 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Tuesday it is bringing Apple Pay to its customers. The fintech reported that Apple Pay is a safe, secure, and private way to help customers avoid handing their cards to others as well as touching physical buttons or exchanging… Read More

August 14, 2020 @ 2:03 pm By Samantha Hurst  |  

Cloud-based accountancy software provider FreeAgent announced on Thursday it has launched an integration with NatWest’s online banking to allow its customers to oversee, plan, and protect their businesses. The company also announced its new partnership with UK insurer Hiscox to allow businesses to obtain an… Read More

August 2, 2020 @ 11:45 pm By Omar Faridi  |  

Singapore based DBS Bank Ltd, (SGX: D05), a multinational banking and financial services corporation with over $330 billion in assets, has teamed up with the Government Technology Agency of Singapore (GovTech) to test out the SingPass face verification technology system. DBS Bank aims to attract… Read More

August 2, 2020 @ 9:30 pm By Omar Faridi  |  

Stuart Sopp, founder and CEO at digital bank Current, has previously noted that the COVID-19 outbreak has shown how his company serves employees whose roles are considered essential during the global pandemic. In June 2020, Sopp had confirmed that Current would remain focused on spending,… Read More

July 30, 2020 @ 11:52 pm By Omar Faridi  |  

PT Bank Rakyat Indonesia Tbk (Bank BRI), one of Indonesia’s largest financial institutions, is reportedly integrating three core ecosystems (market, digital, village), in order to accelerate the digital transformation of the country’s micro, small and medium enterprises (MSMEs) sector. Bank BRI is a 70% government-owned… Read More

July 26, 2020 @ 7:44 pm By Omar Faridi  |  

Capital Banking Solutions, a multinational provider of integrated banking software, revealed on July 24, 2020, that TBC Bank will be one of the first digital banks in Uzbekistan. The subsidiary of the TBC banking group in Georgia went live with Capital Banking Solutions’ open platform,… Read More

July 17, 2020 @ 11:41 pm By Omar Faridi  |  

OCBC Bank (Oversea-Chinese Banking Corp., Ltd) (SGX: O39), a multinational banking and financial services corporation headquartered in OCBC Centre, Singapore, has revealed that its customers in Singapore will now be able to use their SingPass to access its digital banking platform. The digital banking services… Read More

July 14, 2020 @ 10:03 pm By Omar Faridi  |  

NYMBUS, a core banking modernization firm, has teamed up with digital payments company Payrailz in order to enhance its cloud-powered “Smart Ecosystem” of digital-first banking products and services. NYMBUS aims to serve as an effective alternative to the legacy business model. The company plans to… Read More

July 8, 2020 @ 8:10 pm By Omar Faridi  |  

The BSP (Bangko Sentral ng Pilipinas), the central bank of the Philippines, is working on a new set of guidelines for digital banks that plan on establishing operations in the country. The BSP confirmed that foreign individuals or business entities will be able to own… Read More

July 7, 2020 @ 10:30 pm By Omar Faridi  |  

Around 40% of European consumers responding to a survey claim that they’ve not been able to access new financial services because of lockdown measures enforced after the COVID-19 outbreak. These consumers also said they’re unable to access digital platforms, which is why they can’t use… Read More

July 7, 2020 @ 11:21 am By Samantha Hurst  |  

Global digital banking group EQIBank announced on Tuesday the launch of its Global Secured Credit Card, which is now available for both corporate and private account holders.  “Booking flights, arranging hotel accommodation, and making purchases online is now so much easier regardless of where you… Read More

July 7, 2020 @ 11:03 am By Samantha Hurst  |  

  Digital bank Penta announced on Tuesday it has more than €4 million in funding from new international investors. Penta reported that this second closing of its financing round increases the total investment of its Series B to more than €23 million. The new investors… Read More

July 7, 2020 @ 10:12 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced it has crossed a milestone of one million users on its WhatsApp banking platform. The bank reported it introduced banking services on WhatsApp three months ago to enable its retail customers to undertake a slew of banking requirements from… Read More

July 5, 2020 @ 10:11 pm By Samantha Hurst  |  

Eversend, a Neobank for Africans, is set to close its equity crowdfunding campaign on Seedrs with more than €850,000 secured from nearly 950 Seedrs investors. The funding round was launched in May, originally seeking €550,000. The banking group is offering 7.67% in equity at a… Read More

July 3, 2020 @ 8:17 am By Olivia Halsall  |  

Electronic Payment Solutions Ltd. (ELPASO) was founded in 2017 by a group of IT geeks, corporate bankers and entrepreneurs is a digital platform for those “who wish to go international in their daily needs like international cross-border payments and currency exchange”, according to its website…. Read More

July 2, 2020 @ 6:18 pm By Omar Faridi  |  

Fintech firm Akulaku confirmed recently that it’s planning to offer digital banking services in Southeast Asia. The company was launched around four years ago and is now focused on expanding its operation into the digital banking sector. As reported in November 2018, Akulaku, a leading… Read More

June 30, 2020 @ 11:21 am By Samantha Hurst  |  

Online banking and payments company i2c announced on Tuesday it is now assisting clients of Wirecard or any other insolvent bank. As previously reported, Wirecard filed for bankruptcy last week following the announcement the German fintech had misplaced €1.9 billion. The aftershocks of the announcement… Read More

June 24, 2020 @ 10:02 pm By Omar Faridi  |  

Chennai-based digital bank Kaleidofin has introduced a payments platform, called KaleidoPay, which lets non-bank financial company (NBFC) clients make digital payments. KaleidoPay digitizes payments, including customers’ savings contributions and insurance premiums. The platform’s software uses machine learning (ML) algorithms to process financial data. KaleidoPay can… Read More

June 22, 2020 @ 1:14 am By Omar Faridi  |  

We recently caught up with Jay Nair, Senior Vice President of Financial Services at Infosys (NYSE: INFY), a global leader in digital services and consulting. The company has clients in 45 countries who use its services to develop their digital transformation strategies. The firm has… Read More

June 19, 2020 @ 9:34 am By Samantha Hurst  |  

Eversend, a Neobank for African, has successfully raised nearly €750,000 through its equity crowdfunding campaign on Seedrs. The funding round was launched last month, originally seeking €550,000. The campaign has attracted more than 750 Seedrs investors. As previously reported, Eversend describes itself as a digital-only… Read More