The Philippines set for first digital-only bank as Tonik gets green light
Tonik Financial has been given the green light by the Central Bank of the Philippines to launch the country’s first digital bank.…
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Financial Technology – Page 49
Financial technology news from TechAnnouncer: payments, digital banking, lending, wealthtech, insurtech, regtech and embedded finance. We track fintech launches, funding rounds, partnerships, acquisitions and regulation across global markets, and explain what each development means for the industry.
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Ziraat Participation Bank in Sudan selects Path Solutions’ iMAL
Sudan-based Ziraat Participation Bank has selected Path Solutions and its iMAL Islamic core banking system. A new deal for Path in Sudan…
UK SMEs chasing £50bn in late payments, fintech opportunity ripe
UK small and medium-sized enterprises (SMEs) are reportedly chasing a combined £50 billion in late payments, City AM reports. In research by…
China drafts rules to tackle risky half a trillion financial leasing sector
China has drafted rules designed to curb financial risk in the country’s financial leasing sector which currently rests on four trillion yuan…
Covered Bond Bank migrates international branches to Avaloq Banking Suite
Three international branches of Covered Bond Bank (CBB) – New York, Singapore, Shanghai – have completed a transition to the Avaloq Banking…
Nets acquires Finnish firms Poplatek and Poplapay
Nordic payments service provider Nets has completed its acquisition of Finnish software developer Poplatek and its spin-off form Poplapay. Nets acting acquisitive…
Signicat appoints new CEO and chairman
Signicat, a Norwegian digital identity and electronic signature solution provider, has appointed a new CEO and chairman to accelerate its international expansion…
Canada’s major banks impersonated in two-year phishing campaign
Some of Canada’s biggest banks have been hit by a two-year phishing campaign which saw fraudsters impersonating them to harvest customers’ online…
Cautious optimism and a customer-first approach for financial services in the 2020s
Alessandro Tonchia, co-founder and head of strategy at Finantix, looks back at the financial services industry over the last couple of decades…
Snoop picks OpenWrks to power its open banking
OpenWrks, the open banking provider, has announced its partnership with Snoop, the consumer champion app founded by a band of Virgin Money…
Report: Ethereum, Tron and EOS Dominated DApp Ecosystem in 2019
DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65…
Atom bank’s former co-founder joins Queensland’s Daytek capital
Paul Hanks, the former chief technology officer (CTO) and co-founder of the UK’s Atom bank, has joined DayTek Capital as a technology…
UBS overhauls wealth management business, plans 500 job cuts
UBS, the Swiss multinational investment bank, is rearranging its wealth management business across Europe, Middle East and Africa regions in a bid…
Standard Chartered “first” bank to offer public platform to track payment status
Standard Chartered says it is the “first” bank to introduce a public platform for tracking payment statuses, “well ahead of the Swift[‘s]…
Singapore’s digital bank licence race heats up with 21 bidders
After announcing the release of five digital bank licences last year, the Monetary Authority of Singapore (MAS) has now seen as many…
Bank of England and FCA plot internal data analytics shake-up
The Financial Conduct Authority (FCA) and the Bank of England (BoE) have outlined new plans to develop their in-house data and analytics…
Interview with Everex – Ethereum blockchain-powered solutions for cross-border money transfers, direct payments
Q: What can you tell us about your company? Everex is a Singapore registered financial technology company, with head office in Bangkok,…
Upstart Raises $50M to Further Revolutionize Unsecured Lending
Upstart represents what Carsurance describes in its infographic as 2018’s most impactful innovations in the financial services industry. This San Francisco–based startup…
The three challenges keeping cars from being fully autonomous
Understanding where we are in the pursuit of self-driving cars can be as confusing as understanding where we are in the pursuit…
Henrik von Scheel Guest Speaker at Moldova’s first International blockchain Summit Organised by DTMA and IDACB
May 11 will be the 3rd World Summit on Blockchain and Cryptocurrency (WBC Summit) will be held for the first time in…