Emirates NBD Group announces senior technology appointments as part of digital transformation strategy

January 29, 2018 Digital Banking

        Emirates NBD, a leading bank in the region and market leader in banking innovation, has announced two senior technology appointments as part of its end-to-end digital transformation strategy. Miguel Rio Tinto has been appointed Chief Information Officer (CIO) to lead the Group’s Information Technology division, and Evans Munyuki has been appointed as Chief Digital Officer (CDO) to lead...Continue reading

Mobile wallets, acquirers and payment networks collaborate to enable interoperable QR payments in Singapore for consumers and merchants

January 26, 2018 Payments

        Seven mobile wallets, acquirers and payment networks, including Diners Club, EZi Wallet, EZ-Link, Liquid Pay, Mastercard, UnionPay International and Wirecard, have formed a consortium to enable interoperable QR payments in Singapore for consumers and merchants. In line with SG QR, the consortium will jointly support an interoperable QR framework that allows customers the ease and convenience of paying...Continue reading

Westpac & NAB launch voice banking technology with Amazon Alexa

January 18, 2018 Digital Banking

        As Amazon prepares to launch its Alexa voice service on the Echo in Australia in “early February”, Westpac and NAB announced customers who purchased the smart speaker would be able to check on their personal finances using voice technology. Westpac Digital Labs teamed up with Amazon to build the new cloud-based Westpac Banking Skill that will allow customers...Continue reading

HSBC launches mobile collections service to help corporates tap into Chinese consumers’ e-wallets

January 9, 2018 Digital Banking

        HSBC announced it has become the first foreign bank in China to offer an omni-channel collections service that operates across all major digital channels, in a move to help multinational and domestic companies tap into a market where almost half a billion consumers use their mobile phones to pay for goods and services. The new solution allows retailers...Continue reading

Doha Bank unveils Arabic mobile banking app

December 18, 2017 Digital Banking

        In a bid to further strengthen its digital engagement to enhance customer experience, Doha Bank recently unveiled its new Arabic mobile banking app and revamped its English-language app adding innovative features. Launched on the occasion of Qatar National Day, paying homage to the nation, its people and values, the Arabic mobile banking application, which embodies the country’s colours...Continue reading

Ecobank Nigeria Unveils Digital Banking Account

December 12, 2017 Digital Banking

        Ecobank Nigeria has unveiled Ecobank Xpress Account, a digital product expected to drive financial inclusion in the country. The Ecobank Xpress Account is a digital account that is mobile based. It is simple and does not require any form of documentation for opening, therefore making it easy and convenient for all, while affording the customers the same services...Continue reading

DBS collaborates with Amazon Web Services to deepen cloud engineering talent pool

December 6, 2017 Digital Banking

        DBS Bank announced that it is collaborating with Amazon Web Services (AWS) to further strengthen its technology talent pool by training them in cloud engineering skills. This will enable its employees to rapidly innovate, build and deliver new products to customers. The collaboration reinforces DBS’ commitment to being at the forefront of banking, and is in alignment with...Continue reading

MUFG and NTT DATA lay foundation for digital trade between Singapore and Japan using blockchain

December 5, 2017 Blockchain

        Mitsubishi UFJ Financial Group, Inc.’s (MUFG) banking entity, The Bank of Tokyo Mitsubishi UFJ, Ltd.and NTT DATA Corporation(NTT DATA) jointly announced the commencement of a Proof-of-Concept (PoC) prototype leveraging blockchain technology that would strengthen trade ties between Singapore and Japan. This initiative, in collaboration with Singapore’s National Trade Platform (NTP), aims to make cross-border flows more secure, efficient...Continue reading

Cashless economy boost as Equity Bank unveils a range of mobile and e-banking solutions

November 28, 2017 Digital Banking

        Efforts by government and stakeholders geared at promoting a cashless culture among Rwandans have been boosted following the launch of a range of digital solutions by Equity Bank. The digital solutions will provide users an easy, comprehensive, and secure banking experience, according to the lender. The Eazzy Banking range of solutions, according to Equity Bank managing director, Hannington...Continue reading