NBB launches new app to bolster digital banking experience for customers
The National Bank of Bahrain (NBB) has launched its new digital banking app to improve the remote banking experience of…
Codebase Technologies, BankBI team up to help banks transform data usage
Dubai-based global open API banking solution provider Codebase Technologies (CBT) has partnered with BankBI to help banks leverage real-time financial performance data. BankBI focusses on automated financial, product, and customer-related…
Iceland eyes divesting up to 35% stake in state lender Islandsbanki
Two parliamentary committees in Iceland have reportedly proposed offloading up to 35% stake in the government-owned lender Islandsbanki – also known as the Bank of Iceland. The committees that proposed…
Canadian banks’ quandary: how to spend a $70.4bn spare cash
For the better part of a year, Canadian banks have been stashing capital to protect themselves against existing and expected Covid headwinds. Now, with Covid vaccines being distributed and the…
Indian central bank calls for four-layered governance structure for NBFCs
The Reserve Bank of India (RBI) – the country’s apex bank – is looking to incorporate a four-layered structure for governing non-banking finance companies (NBFCs) in order to prevent the…
Tesco: customers’ bank accounts debited months after fuel station glitch
Tesco customers are seeing red after a technical defect caused their bank accounts to be debited—often multiple times—months after using the retailer’s petrol stations. A growing number of customers are…
Fintech firm Bud signs deal with Farpoint Labs
Bud, a UK-based fintech firm, has signed a deal with Farpoint Labs, the developer of the Winston personal finance app. This deal will aid users of Winston save for their…