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Category: Mobile Banking


Banking Tech, Mobile Banking

Mobile banking malware surged by 32% in 2023

May 13, 2024

Via: ThePaypers

Cybersecurity company Kaspersky has released a report which uncovered a substantial increase in mobile banking malware and crypto-related phishing in 2023. According to Kaspersky’s annual Financial Threats Report, 2023 saw an increase in the number of users facing mobile banking […]


Banking Tech, Mobile Banking

Emporia State FCU adopts Bankjoy’s mobile banking app

March 25, 2024

Via: ThePaypers

US-based Emporia State Federal Credit Union has launched its updated online and mobile banking app powered by Bankjoy, a digital banking provider. Founded in 1937, Emporia State Federal Credit Union (ESFCU) has built its reputation around improving members’ lives with […]


Banking Tech, Mobile Banking

UAE start-up Dunes Financial acquires Be Mobile Africa’s tech assets

February 26, 2024

Via: FinTech Futures

The deal, which is due to be completed by the end of Q2 2024 for an undisclosed sum, marks Dunes’ first public move since its exit from stealth mode, as the firm readies to unveil its new platform combining cryptocurrency […]


Banking Tech, Mobile Banking

Why Paypal Might Be Considering Offline Payment Soon

February 15, 2024

Via: Fintech News

PayPal, a dominant force in online payments, has been a pioneer in digital transactions since its inception in 1998. With its innovative platform, PayPal facilitates online shopping, peer-to-peer transfers, and international transactions with ease and security. However, as the financial […]


Banking Tech, Mobile Banking

QuantumFy Brings Tailored Banking and Payments to MENA Through Expansion

February 14, 2024

Via: The Fintech Times

Aligning with its strategy to extend its reach into new emerging markets, QuantumFy’s collaboration with the MENA Fintech Association is a step towards leveraging its expertise in the region. QuantumFy specialises in tailored banking, payment, and investment technology solutions. It […]


Banking Tech, Mobile Banking

Finastra and Tesselate Partner to Help US Banks Automate Processes With Fintech Applications

February 13, 2024

Via: The Fintech Times

Tegula Trade Finance as a Service, powered by Finastra Trade Innovation and Corporate Channels, enables banks to integrate fintech applications that use the latest technologies such as artificial intelligence (AI), blockchain and automation tools. Trade Innovation is an end-to-end solution […]


Banking Tech, Mobile Banking

It’s time for core banking to get real

February 9, 2024

Via: FinTech Futures

However, it was pointed out to me that I took something for granted, and in hindsight, it was a great observation. In today’s world, where we are used to online shopping and mobile payments, many are not only carrying less […]


Banking Tech, Mobile Banking

Kurdistan International Islamic Bank taps Azentio for iMAL core banking platform

January 26, 2024

Via: FinTech Futures

The partnership will see KIB implement the latest version of Azentio’s Islamic core banking platform iMAL, which the vendor says will enable the Erbil-headquartered bank to “launch new and innovative Sharia-compliant products at an accelerated pace” across finance, investments, deposits, […]


Banking Tech, Mobile Banking

Global Mobile Wallet market to reach a valuation of US$ 138.5 billion by 2034, expanding at a 27.8% CAGR

January 25, 2024

Via: Fintech News

In 2023, it is estimated that the global mobile wallet market will be worth US$ 9.5 billion. It is anticipated that this market will be valued at US$ 11.9 billion by the end of 2024. The global mobile wallet market […]


Banking Tech, Mobile Banking

PayTabs and Fintech Galaxy Target Payment Initiation Services in New Partnership

January 23, 2024

Via: The Fintech Times

This partnership combines PayTabs payment orchestration infrastructure with Fintech Galaxy and its open banking capabilities to deliver solutions for SME’s and enterprises. These include streamlined account verification, swift payouts, and pioneering point-of-sale lending. Teaming up with PayTabs, the primary focus […]


Banking Tech, Mobile Banking

Oracle strikes deal with Slovenia’s SID Bank for core banking and payments technology

January 22, 2024

Via: FinTech Futures

Established in 1992 and based in Ljubljana, SID Bank operates as a promotional development bank and export credit agency (ECA), providing insurance and financing on behalf of the Republic of Slovenia to promote internationalisation for the country’s export companies. As […]


Banking Tech, Mobile Banking

8 in 10 Financial Firms Investing in Security to Protect Them From Emerging AI Fraud Threats

January 17, 2024

Via: The Fintech Times

“Today, AI is being utilised by both criminals – who are using it as new ways to defraud customers – and institutions, who are using it to stay ahead of fraudsters and defend their customers,” said Vatsa Narasimha, CEO of […]


Banking Tech, Mobile Banking

Put yourself in the spotlight at this year’s Banking Tech Awards USA

January 17, 2024

Via: FinTech Futures

These prestigious awards, now in their 3rd year, provide you with the perfect opportunity to showcase your achievements and be crowned one of the very best in the industry. We have a range of categories to choose from for banks […]


Banking Tech, Mobile Banking

US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

January 4, 2024

Via: Blockchain News

The United States witnessed a significant surge in bankruptcy filings in 2023, with an overall increase of 18%, according to Reuters. This upswing has been largely attributed to the confluence of several economic factors, primarily post-pandemic economic changes and rising […]


Banking Tech, Mobile Banking

American Fintech Council Identifies Hurdles in CFPB Open Banking Proposal

January 3, 2024

Via: The Fintech Times

The CFPB proposed a change on personal financial data rights implementing Section 1033 of the Dodd-Frank Act. It has stated that it aims to finalise the rule in 2024, formally establishing consumers’ right to control and securely share their financial […]


Banking Tech, Mobile Banking

Instant payments, BaaS and GenAI: A fintech industry review of 2023

December 20, 2023

Via: FinTech Futures

With the end of 2023 on the horizon, FinTech Futures takes a look back over a year full of highs, lows, innovations, challenges, and transformative moments across the fintech landscape, featuring insights from the likes of JP Morgan Chase, Citi, […]


Banking Tech, Mobile Banking

Customers more satisfied with National Banks, yet leave for better interest rates

December 19, 2023

Via: Fintech News

Although overall satisfaction with national banks slightly improved 5 points (on a 1,000-point scale) to 653 in 2023 from 648 in 2022, higher deposit interest rates at other financial institutions are driving customers to investment/wealth management and internet-only financial services […]


Banking Tech, Mobile Banking

InvesTex Credit Union selects Bankjoy for digital banking upgrade

December 18, 2023

Via: FinTech Futures

Through the partnership, InvesTex Credit Union says all its members will have access to Bankjoy’s digital banking platform, armed with a suite of digital and mobile banking features including online account opening and integrated loan applications. Bankjoy says its platform […]


Banking Tech, Mobile Banking

First Bank taps Backbase for engagement banking platform

December 18, 2023

Via: FinTech Futures

Founded in 1910, the family-owned bank provides commercial, retail and business banking services across the states of Missouri, California and Illinois, while also offering mortgage services in Kansas. It is now leveraging its partnership with Backbase, a Dutch provider of […]


Banking Tech, Mobile Banking

FinTech Futures: Top five stories of the week – 15 December 2023

December 15, 2023

Via: FinTech Futures

UK-based fintech SumUp has secured €285 million (around $307 million) in fresh funding as the company looks to pursue international growth opportunities and broaden its suite of payment services for SMEs. The company’s latest capital raise was led by Sixth […]