Banking

PayPal expands strategic partnership with Adyen to offer Fastlane in the US

PayPal has announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest...

2 million people join Chime’s MyPay waitlist

In May, Chime announced the news of its latest product innovation: MyPay. And word spread fast! People across the country are done waiting for payday. Within 48 hours of sharing the news of MyPay and early access to the product for eligible members, more...

Revolut receives UK banking licence

Revolut, the global FinTech with over nine million UK customers and 45 million globally, has announced that it has received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA), the regulator responsible for overseeing the UK...

NatWest gives its digital assistant a Generative AI upgrade with IBM

NatWest Bank has announced the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. Being one the first banks in the UK to deploy GenAI through a digital assistant.  In 2023, Cora helped customers with 10.8...

Nigeria on track to cashless society

Abimbola Pinheiro, CEO of O3 Capital, delves into Nigeria’s swift journey towards a cashless society, examining how digitalisation is reshaping daily transactions, enhancing financial inclusion and fostering economic growth. Discover how innovative...

Ukheshe rebrands to EFT Corporation to lead FinTech innovation and banking beyond tomorrow

In a bold step towards redefining the future of financial technology, Ukheshe has announced its official rebranding to EFT Corporation. The move consolidates Ukheshe’s pioneering digital solutions with EFT Corporation’s extensive reach and expertise under one...

Bridging the gap between online and offline payments without a reliable Internet connection

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. The token-based payment solution G+D Filia Unplugged enables consecutive, secure offline payment transactions anytime and anywhere, bridging the gap...

HSBC launches global wealth trading platform in the UAE 

HSBC has announced the launch of WorldTrader in the UAE, a digital trading platform providing customers with access to a wide range of investments internationally.  WorldTrader will give HSBC Wealth and Personal Banking (WPB) customers access to up to 80% of global s...

Michigan Educational Credit Union implements new digital banking platform from Lumin Digital 

 Michigan Educational Credit Union (MECU), a credit union based in Plymouth, MI, has announced the successful implementation of its new digital banking solution from leading cloud-based digital banking provider, Lumin Digital.  MECU’s...

NatWest integrates OneID in Adobe Acrobat Sign 

The integration reinforces NatWest’s commitment to leveraging innovative technologies to deliver seamless, simplified, and secure customer experiences.  Setting a precedent for other UK banks, NatWest Bank will use OneID’s bank-verified digital identity sol...

Five things banks should know about their evolving customer preferences to stay competitive in 2024

Recently, FinTech in the Middle East and North Africa has experienced notable changes due to advancements in technology and shifts in consumer habits. Making it more important than ever for banks in the region to grasp and meet the evolving preferences of...

NatWest launches the latest GenAI upgrade to the bank’s digital assistant  

NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest will be one the first banks in the UK to deploy Generative AI through a digital assistant.  Cora supports customers in...