Mobile & online banking

175 articles tagged with this keyword

/inclusion

Mexican fintech Aviva raises $5.5m

Aviva, a Mexican "phygital" financial platform for the underbanked and micro businesses, has raised $5.5 million in seed funding.

/retail

Monzo adds interest to Savings Jars in US

Monzo, the mobile banking app, has announced the launch of interest on Savings Jars, designed to supercharge the savings of customers across the US.

/payments

ECB invites industry experts to advise on offline deployment of digital euro

The European Central Bank is inviting experts from the mobile tech industry to advise on the development of an offline model for digital euro payments.

/retail

UK neobanks set to outpace incumbents in mobile arms race

UK neobank app users are on track to surpass legacy banks for the first time by Q1 2025, according to research conducted on the Google Play Store by SplitMetrics.

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Egypt's MNT-Halan raises $157.5m for regional push

Egyptian fintech unicorn MNT-Halan is prepping regional expansion after securing around $157.5 million in funding.

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Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change

Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions.

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Adapting to change: How financial institutions can revolutionise core banking systems

Siobhan Byron, EVP of Universal Banking at Finastra, discusses how innovation is not just limited to the neo and startup banks, indeed established banks are combining the move-fast philosophies of the emerging players with their own considerable assets. The conversation highlights the need for financial institutions to have a clear vision and strategy, find the right pace and technology for transformation, avoid high-risk methods, outline the challenges of losing market share, talent, and the ability to meet future needs if institutions fail to stay current and innovative.

/retail

Ant group's smart financial manager Zhixiaobao in Alipay hits 59 million user

As of June 2024, Ant Group’s AI-powered smart financial manager Zhixiaobao has served 59 million individual users via the Ant Fortune and Ant Insurance platforms in the Alipay app, according to QuestMobile.

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NatWest launches banking app on Apple Vision Pro

Natwest has made its banking app available on Apple Vision Pro, the tech giant's smart googles which blend digital content with the physical world to create new immersive experiences.

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First Global Bank rolls out Profile Finuevo Suite

Profile, a leading international financial solutions provider, has announced the implementation of its Smart Banking solution, Finuevo Suite, at First Global Bank.

/payments

Jordan Kuwait Bank unveils multi-currency eliWallet with support from FOO and Maastercard

Jordan Kuwait Bank (JKB) is pleased to announce its strategic collaboration with Mastercard and FOO to introduce eliWallet, a groundbreaking multicurrency payment.

/payments

Payit by NatWest comes to JD Wetherspoon

J D Wetherspoon, the leading pub operator in the UK, and the UK’s most visited licensed brand, has partnered with Payit by NatWest to provide customers with a new way to pay for food and drinks via the Wetherspoon app, which will be available as of today.

/retail

What African Banks are Prioritising Today

Join FinextraTV at the Temenos Community Forum 2024 as Lee Allcorn, Managing Director, MEA, Temenos and Deribie Asfaw, President, Cooperative Bank of Oromia talk about the priorities for banks across the African continent and the speed at which business and innovation operates here. Today, clients are prioritising trust, security and ensuring that their investments are as risk-free as possible. In addition to this, providing services to those that are unbanked and underbanked in a low cost manner continues to be an issue to be resolved. The conversation also turns to scalability, as financial institutions in Africa look to reach new channels and new markets.

/retail

America First Credit Union picks Loquat for small biz member onboarding

America First Credit Union has selected Loquat Inc. to help enhance the onboarding experience for small business members. The partnership will equip small business owners with time-saving mobile solutions to make it easier, faster and more secure to run their business and have full control over their finances.

/regulation

Dosh applies to become registered bank in New Zealand

Dosh has applied to become a registered Bank in New Zealand.

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UK shoppers frustrated by payment outage

On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard.

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Raqami Islamic Bank partners with Paysys Labs to transform digital payments in Pakistan

Raqami Islamic Digital Bank Pakistan, a visionary digital financial institution, and Paysys Labs Pvt Ltd, a leading payment technology provider, today announced a strategic partnership to transform Pakistan's digital payments landscape.

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Fifth Third introduces direct deposit switch feature

Customers want their banks to work for them to enable their goals, not to create new sources of complexity and potential challenges in their financial lives.

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Mobile bank TBC Uzbekistan receives $15m from EBRD and IFC

Based in Central Asia, digital banking provider TBC Uzbekistan is a subsidiary of London-listed TBC Bank Group.

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Considering Cloud? Here are the options for banks

Join FinextraTV at the Temenos Community Forum 2024 as Tony Coleman, Chief Technology & Innovation Officer, Temenos and Keith Lynch, Head of Enterprise Business, EMEA, Red Hat dive deep into why choice remains a fundamental tenet for the banking industry and how cloud migration is no exception. A bank in 2024 has many options, whether it is moving to public cloud, where technology stacks are supported by hefty players such as AWS or Azure, for example, or working with SaaS providers. The conversation also shifts to expanding on the benefits of private cloud where cloud-like deployments are established. The advantages of hybrid cloud are also prevalent, where one technology stack can run across multiple footprints, allowing organisations to build an app once, but deploy it everywhere with open source technology.