Digital bank Umba raises $15M, plans to expand into three new African markets
There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. We’ve covered a […]
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Is digital banking paying off ?
Malaysia’s Axiata Digital aims to apply for digital banking licence, says CEO
The company plans to place its application in the second or third quarter, said Mohd Khairil Abdullah.
The post Malaysia’s Axiata Digital aims to apply for digital banking licence, says CEO appeared first on DealStreetAsia.
V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia
V Capital has also become Cross River Bank's strategic partner in the Southeast Asia region.
The post V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia appeared first on DealStreetAsia.
Digital Bank Guide
Digital Bank Guide is a clean and straightforward site which showcases the latest and best Digital banking offerings in a minimal manner.
The post Digital Bank Guide appeared first on WeLoveWP.
Westpac NZ Selects IBM to Support Transformation to NZ's Leading Digital Bank
IBM today announced that Westpac New Zealand, part of one of the world’s largest financial services institutions, has selected IBM’s private cloud technology to support its goal to be New Zealand’s leading digital bank. The new five year agreement is part of an extensive services and technology contract which includes Westpac migrating some of its business critical IT systems into IBM’s state-of-the-art Auckland data centre, enabling enhanced customer service.
RBI sets up Working Group on Fin Tech and Digital Banking
Facebook's Libra, UK digital banks and JPMorgan metals traders charged
Patrick Jenkins and guests discuss Facebook's recent talks with the world's central bankers on its plans for a digital currency, whether the UK's challenger banks can maintain their astonishing rate of expansion, and a potential scandal at JPMorgan as three of its metals traders are charged with market manipulation. With special guest Tom Merry, managing director at Accenture Strategy.
All FT stories will be free to read on Wednesday September 18th when there will be a paywall freeze. Here are some recommendations to get you started:
ECB prepared to cut rates again, says its chief economist
Swedbank admits to money-laundering failings
https://www.ft.com/content/c65b32d8-d648-11e9-a0bd-ab8ec6435630
Contributors: Patrick Jenkins, financial editor, Mehreen Khan, Brussels correspondent, Nicholas Megaw, retail banking correspondent, and Henry Sanderson, commodities correspondent. Producer: Fiona Symon
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