Singapore digital bank licence bidding heats up
Singapore’s shake up of its banking landscape has attracted 21 applications for five digital bank licences on offer. Read more…
Singapore’s shake up of its banking landscape has attracted 21 applications for five digital bank licences on offer. Read more…
HONG KONG (Reuters) – At least a dozen banks, FinTechs and telecom firms are lining up to get a piece of Hong Kong’s retail and small business banking market as the regulator prepares to award Read more…
LONDON (Reuters) – HSBC’s Connected Money app, providing a single platform for users to see their accounts with a range of providers, registered 13,000 downloads within a day of its launch, the British lender’s digital Read more…
Banking software company Temenos announced that Telia Finance has selected its T24 Core Banking as its financial technology platform to help grow its customer base. Temenos’ packaged, modular banking software will enable Telia Finance – Read more…
SYDNEY (Reuters) – The Commonwealth Bank of Australia (CBA) on Monday said a software error was behind most of the roughly 53,700 times it allegedly broke anti-money laundering law, in a case that could see Read more…
MUMBAI (Reuters) – Indian digital payments firm Paytm, which is backed by Asian technology giants SoftBank Corp and Alibaba Group Holding, launched a niche bank on Tuesday, part of a plan to more than double Read more…
Despite India’s aspirations to become a cashless society and encourage innovation in digital financial services, consumers have been slow to adopt and use such services. For that to change, service providers need to offer services that Read more…
Australian digital-only bank UBank has unveiled RoboChat, a virtual assistant powered by IBM Watson to help potential home buyers and refinancers complete their online home loan applications. RoboChat will be available on the home loan Read more…
NEW YORK (Reuters) – Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook’s chat application, as competition in the digital payments landscape intensifies. The London-based startup Read more…
NEW YORK (Reuters) – Traffic lights don’t just work for drivers, some bank customers obey them on their smartphones too. A transaction-tracking app using red, yellow and green messages to warn account holders when they are Read more…
MUMBAI/NEW DELHI (Reuters) – Digital payments providers in India have mobilized hundreds of extra workers to enroll small merchants and offered their services for free, betting that severe cash shortages will prove to be the Read more…
Airtel Payments Bank, a fully digital bank and a subsidiary of Bharti Airtel, has rolled out a pilot banking service in Rajasthan, with the goal of testing systems and processes ahead of a full scale Read more…
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