Fintech UAE

Governor of Qatar Central Bank announces FinTech strategy plans (Edil Corneille, ibsintelligence.com)

His Excellency Governor of Qatar Central Bank (QCB), Sheikh Abdulla Bin Saud Al-Thani declared that the QCB will announce its FinTech strategy within the framework of the Qatar National Vision 2030, while stating the significance of FinTech in the development of the banking and financial sector. The strategy will be in cooperation with financial institutions […]

Bulgaria Fintech Open Banking

Fibank Launched the First Open Banking Platform in Bulgaria Fully Compliant With the PSD2 Directive (prnewswire.com)

SOFIA, Bulgaria, Nov. 27, 2019 /PRNewswire/ — The customers of First Investment Bank will be the first to benefit from the advantages of open banking, developed in compliance with the Payment services (PSD2)  Directive which came into force in September 2019. Users may now add their accounts in other banks to the My Fibank mobile app. Through My Fibank for Android OS, […]

Canada Fintech Open Banking

EQ bank migrates core system to the cloud as it gears up for Open Banking in Canada (Isabelle Kirkwood, betakit.com)

Toronto-based EQ Bank, the digital arm of Equitable Bank, has announced it is migrating its entire core banking system to the cloud. The bank claims this would make it the first licenced bank in Canada to be fully hosted in a public cloud architecture. “Our recent move to the cloud means we’re not only ready for […]

Fintech Loyalty Open Banking Retail

2020: the year where open banking and card linked tracking advance customer personalisation (Ben Stirling, retailtimes.co.uk)

In 2020, innovations in technology will create a whole new level of nuanced, data-driven customer personalisation. The increasing prominence of open banking and card-linked tracking will provide more insight into consumer shopping patterns and financial behaviours – if brands take the steps necessary to utilise this information. It will provide both an opportunity for customers […]

Australia Fintech Open Banking

Tech: Identitii takes its tech for a test drive with Standard Chartered Bank (Sam Jacobs, stockhead.com.au)

Fintech platform Identitii (ASX:ID8) is now collaborating with $22.7 billion market cap Standard Chartered Bank. The two companies will commence an eight-week pilot run for Identitii’s Overlay+ data sharing platform at Standard Chartered’s Singapore office. The project will also be embedded within the Symphony platform, a communications network backed by a consortium of major global banks (including […]

Fintech Open Banking

Fintechs save the day: Expect 2025 to be an open banking world (David Poole, valuewalk.com)

Open banking is one European import Americans have been reluctant to buy. American banking remains resolutely closed. That may soon change.Way back in 2017, when open banking was a hot topic with regulatory deadlines looming for European banks, American banks briefly wondered if this was worth importing. The decision was a clear “No thanks, closed banking is our thing”. […]

Credit Fintech

Spotlight: Fintech startup offers Gen Z ‘training wheels for credit’ (finance-commerce.com)

Sezzle, a rapidly growing Minneapolis fintech startup, says its mission is “financially empowering the next generation.” Some in that group — Gen Z, or those born after 1995 — may be may reluctant to take on credit after seeing what the Great Recession did to their families, said Charlie Youakim, Sezzle CEO and co-founder. The […]

Fintech UAE

Sharjah FDI Forum to explore potential of Fintech (gulfnews.com)

Dubai: The fifth edition of the Sharjah FDI Forum on Monday and Tuesday will host a panel discussion on the first day titled “The Future of Fintech (Banking & Finance) — Investing In Innovation and Sustainability of Digitalised Currencies and Capital Allocation”. A group of top-tier technology and finance experts, including Daniel Lam, regional director […]

Fintech Open Banking Open Finance

7 (Realistic) Predictions for How Banking Will Look in 2020 (Bob Letgers, Forbes.com)

It’s that time of year again: experts from all industries are taking out their respective crystal balls to foresee what major shifts might befall their businesses in the year ahead. And the fintech world is no different. Just looking at some of the major shakeups that came to fruition for fintech in 2019, from the launch […]