Bank Islam teams up with Mambu, Experian and Pod
Malaysia-based Bank Islam is teaming up with Mambu and Experian as it prepares to launch its Centre of Digital Experience. In addition, Bank Islam is inking a Memorandum of Understanding...
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Covid-19: a damning digital transformation stress test
At the height of the pandemic, consumer behaviour began to outpace the channel capabilities of slow-moving incumbent banks, reinvigorating providers…
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China advises banks to restrict lending over financial bubble concerns
Chinese regulators have reportedly advised the banks to restrict lending this year over increasing concerns regarding financial bubbles in the domestic market. The central bank…
UK-based digital consumer lender Fintern launches services
Fintern, a UK-based digital consumer lender, has launched its services to tap the market segment underserved by mainstream banks. The company seeks to provide low…
UAE-based fintech firm YAP launches digital banking platform
Fintech firm YAP has launched a digital banking platform in the UAE as it seeks to build neobanking presence across…
Indonesia’s Bank Jago to start offering some services this month
Indonesia’s Bank Jago is reportedly planning to start offering some services from this month in a bid to take early-mover…
NICE Actimize to provide Xceed Cloud-Native Platform to Finastra customers
NICE Actimize, a financial crime, risk and compliance solutions provider, has entered into a new partnership to deliver Xceed cloud-native…
Medallion Bank taps ClearGage for loan origination services
Medallion Bank, which offers recreation product and home improvement financing services, has signed a definitive agreement with ClearGage to provide…
Expert Commentary & Analysis
View MoreKlarna challenges German incumbents with bank account launch
After applying for a banking licence from the Swedish regulator in 2017, Klarna has finally announced the launch of its retail bank account in Germany. The account will offer customers…
Revolut’s expansion into India shows other challengers how to grow geographically
By tailoring its proposition towards the needs of the local consumer in countries suited to the bank’s core product range, Revolut is showing time again how to take root into…
Monzo will need to focus on only the essential to avoid Xinja’s fate
By realising too late that the bank needs to work on products that give it a sustainable future, rather than features that aren’t essential, Monzo faces being the first UK…
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Cloud Computing in Banking: Challenges
The banking industry has been relatively slow to adopt cloud computing compared with other industries. This comes out of a fear regarding potential cybersecurity failings…
Optimism over global economic recovery hits a low as May ends: Poll analysis
The global economic growth in 2020 has been eclipsed since the Covid-19 pandemic outbreak causing fears of looming unemployment and recession in a number of…
Singapore’s DBS Bank selects Exiger solution to combat financial crimes
Singapore-headquartered DBS Bank has collaborated with Exiger to deploy an AI-powered due diligence solution to prevent financial crimes. The lender…
Juvo introduces FiDaaS platform for underbanked people
American financial identity provider Juvo has introduced a new ‘Financial Identity-as-a-Service (FiDaaS)’ platform to give 3.9 billion underbanked people access…
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The transformation of stock exchanges will be a boon for fintech
The rise of private securities marketplaces is likely to mark the beginning of the end for the national stock exchange monopolies and herald a chance for challenger banks and fintechs…