Banking

The challenges UK regulators must grapple with for Open Banking to become a mainstream payment method to contend with cards  

The UK Government took a bold step toward modernising the country’s payments landscape with its October 2024 National Payments Vision. This ambitious plan outlines a strategy for Open Banking to become a mainstream payment method, competing with cards for e...

Bridging the gap in Financial Services: Automating back-end processes to match front-end customer experience

Pol Brouckaert, Director, Netcall Europe, says only by taking a holistic approach to transformation, can financial service organisations continue to thrive in the digital age.   Banks and insurers have invested heavily in the digitization of their customer c...

Chime offers literally and truly 100% free in-app tax filing 

Chime, a popular banking app, has announced that members can now file taxes for free directly from the Chime app to simplify tax season. Following a successful pilot programme in 2024, this new in-app feature is available for all new and existing Chime...

Five key payment trends to emerge in India in 2025 

Indian policymakers have facilitated a payments ecosystem in the country like never before – throwing up challenges of its own.  In the past few years, digital payments have transformed the way Indians conduct financial transactions, driven by the ...

NatWest Group Innovation team launches new FinTech Growth Programme 

NatWest Group is set to launch its first FinTech Growth Programme, an exciting opportunity for FinTech startups to use the resources, expertise and networks of an established high-street bank to help them scale-up sustainably.  The programme supports...

ClearBank and Visa announce intention to partner for issuance and money movement solutions 

ClearBank, the enabler of real-time clearing and embedded banking, and Visa, a world leader in digital payments, have announced their intention to collaborate for Issuance and Money Movement solutions, enabling clients to process both local and cross-border...

Two-thirds of businesses believe ‘legacy banks’ are too slow to adapt to modern business needs 

Revolut Business, the global FinTech trusted by hundreds of thousands of businesses, has published a study, conducted in partnership with Dynata, showing that international businesses are turning away from ‘legacy banks’ to manage their financial needs, ech...

Chime submits comment to joint banking regulators’ request for information on bank-FinTech partnerships  

Chime, a global FinTech company, has recently submitted a comment letter in response to a Request for Information from federal banking regulators in the US on the topic of bank-FinTech partnerships. Sharing more about the business and how it is working on...

Quantum computing’s transformative potential in finance

Ali El Hamidi, Deputy Head of the Capital Market Funding Department at Crédit Agricole CIB, shares his insights into the bank’s collaboration with Pasqal—a leading Quantum Computing company specialising in neutral atom-based technology. Together, they ar...

HashKey launches institutional product ‘HashKey Pro’ supporting ZA Bank in becoming Asia’s first bank offering retail virtual currency trading

HashKey Exchange, Hong Kong’s largest licensed virtual asset exchange, has officially launched HashKey Pro, an institutional-grade integrated service. HashKey Pro enables brokers, banks, payment institutions and other financial entities to integrate...

WeBank powers Fusion Bank’s rapid launch of a next-generation core banking system 

Fusion Bank in Hong Kong has officially launched its next-generation core banking system following a series of successful data migration and business validation. Built on WeBank’s cutting-edge digital banking technology framework, the new system...

Study shows banks investing big in GenAI, and it’s paying off

A new report on the use of Generative AI (GenAI) in banking finds that financial services leads other industries in implementing the technology. A recent survey found that 17% of banking leaders have fully integrated GenAI into their regular processes....