Online Banking

Warba Bank digitizes online banking and enhances customer experience with Nutanix

Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Kuwait’s Warba Bank has digitally transformed its financial services and mobile banking using the power of Nutanix’s hyper-converged infrastructure platform. Read more »

Trustly announces strategic minority investment by a consortium of investors to support further expansion

BlackRock Private Equity Partners, through its private equity funds and accounts under management, together with a consortium of institutional investors, including among others, Aberdeen Standard Investments, funds managed by Neuberger Berman, Investment Corporation of Dubai and RSIC, are becoming minority shareholders in Trustly, the world’s leading online account-to-account (A2A) payments provider. Nordic Capital remains the majority... more Read more »

World`s Top Three Online Banks Hit 38,4 Million Customers, a 255% Increase in Two Years

Recent years have witnessed a surge in the number of digital bank users, with millions of people choosing app or web-based bank over a traditional high-street financial institution. Read more »

Meniga closes a €8.5m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden & Frumtak Ventures. Read more »

1 in 4 bank branches will close across Europe in next 3 years, according to Kearney analysis

Analysis from global consultancy partnership Kearney predicts that 25% of bank branches will close across Europe in the next three years as new customer habits around digital banking, forced by the pandemic, become permanent. This is a sharp increase in the ongoing trend of bank branch closures across Europe, which saw 35% branch closures in the last ten years.  Read more »

Conferma Pay and Visa to launch Virtual Card Payments Globally via Mobile App

Fintech leader Conferma Pay has teamed up with Visa to integrate Visa virtual cards in the Conferma Pay mobile app. This solution is now globally available to Visa’s commercial bank clients, allowing them to bring the Conferma Pay app to their corporate customers as part of Visa’s broader technology offering. Read more »

MEA Retail Banks strongly believe in a cashless society according to Temenos research

Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos (SIX: TEMN), the banking software company. The in-depth survey conducted in 2019 by the Economist Intelligence Unit (EIU) on behalf of Temenos reveals that 6 in 10 Middle East and African banking executives think cash will dip below 5% of retail transactions in the next five years, compared... more Read more »

Movii and Yabx offer credits to MSMEs amid Covid-19

Movii, a leading mobile wallet and a challenger bank in Colombia, and Yabx, a leading technology company in contactless lending have joined hands to provide credit services for MSMEs. Businesses can use this credit service to facilitate their business operations and purchase FMCG stocks. Read more »

More than 90% of UK consumers claim technology offering impacts their choice of bank, fintech finds

 Research conducted by new entrant to the UK fintech market, Modularbank, in partnership with market research specialists, OnePoll, has found that over 90% of UK consumers claim that a strong technology offering is important to them when choosing who to bank with. In fact, based on a survey of 2,000 UK consumers, this factor was cited more than any other as being an important factor in making this decision – more so even than interest rates,... more Read more »

ICICI Bank launches banking services on WhatsApp

ICICI Bank today announced the launch of banking services on WhatsApp to enable its retail customers to undertake a slew of banking requirements from their home at a time when they are advised to stay indoors in the wake of the nationwide lockdown to fight against corona virus. Read more »

Sony Bank Launches New Service “English online banking”

Sony Bank Incorporated today announced the launch of a new English-language online banking service, aiming to provide foreign residents in Japan a seamless, hassle-free way to open a bank account and conduct everyday banking in English. Read more »

equensWorldline launches first ever browser-based strong customer authentication solution, covering all user devices

equensWorldline, a subsidiary of Worldline [Euronext : WLN], the European leader in the payments and transactional services industry, introduces the first browser-based strong customer authentication* solution to the market and is now able to support banks in offering a frictionless universal strong customer authentication solution adapted to each user profile. With this development, banks now also have a strong customer authentication solution... more Read more »

Wirecard and Malaysia’s Affin Bank Berhad expand partnership

Wirecard, the global innovation leader in digital financial technology, and Affin Bank Berhad (“AFFINBANK”) today announced an extension of their collaboration focused on revolutionizing internet banking for consumers in Malaysia. Through this partnership, over 300,000 AFFINBANK customers are already benefitting from an array of services such as e-commerce and mobile payment powered by Wirecard technology. By leveraging more of Wirecard’s... more Read more »

Trustly to provide Alibaba.com’s European customers with online banking payments via Ingenico

Trustly, the online banking payments company, announces today a partnership with Alibaba.com, a business-to-business (B2B) e-commerce platform that serves more than 10 million buyers in over 190 countries and regions. Trustly’s payment solution is enabled for Alibaba.com through Trustly’s partner, Ingenico, the leading global payment service provider, and will provide an additional payment method for Alibaba.com’s European buyers. During its... more Read more »

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