Monzo’s new collaboration with Flux is a great example of proactively using open banking to give customers new value from their banking applications. This approach to integrations with third party fintechs shows that open banking is working to increase innovation and competition, to the benefit of consumers.
All content with RSS
WeInvest, a Singapore-based WealthTech firm, announced today its entry into North Asia with the appointment of Thomas Tse as Head of Sales.
SOHO Coffee Co., the independent artisan coffee chain, has partnered with Yoyo, Europe’s fastest growing mobile payment and loyalty marketing platform, to build and power a new payments and loyalty app experience for its customers.
It’s the eleventh year of Data Privacy Day, and notably the first since GDPR came into effect. Despite legislation that requires financial institutions to be more secure and transparent with their data, 2018 saw far too many data breaches in the sector. The majority of the attacks making headlines affected businesses or services that many of us use every day. 2019 should be the year where financial companies win back and build consumers’ trust.
Says Tariq Alusaimi, Head of Digital Strategy, Central Bank of Kuwait while speaking about the recent trends in the Banking and Financial Services Industry, in a candid conversation with Kanchi Shah, Head of Production, Exibex. Tariq Alusaimi is responsible for driving the digital strategy for Central Bank of Kuwait, the Kuwaiti banking sector, and oversees the development of the Kuwaiti Fintech eco system. He is also a member of the Technical Advisory Committee for Finnovex Middle East 2019.
Central Banking is pleased to announce the third round of winners of its 6th annual industry awards recognising excellence in the central banking community.
Looking to expand its functionality and take advantage of the latest developments in blockchain technology, the Bytecoin team has announced that it has laid out the foundation for users to establish their own gateways via blockchain bridging.
The trade war, political uncertainty in Europe and tighter financial conditions are hurting economic development, and we have downgraded expectations for growth in the world economy this year and next,” says Nordea’s Group Chief Economist, Helge J. Pedersen. “In the Nordics, the focus is on higher policy rates and their likely impact on each country. The role of household debt and its effect on the housing market will not be trivial, and interest rate sensitivities pose downside risks to the Nordic economies, be it at varying degrees.
For financial services providers, the needs of their customers must be at the heart of their digital transformation. This is true for both fintechs looking to steal business from established players, and those established players looking to protect their market share.