Finca picks Autosoft’s core banking system for Pakistan
Autosoft’s Autobanker beats Oracle’s Flexcube and Temenos’ T24 to the deal.
Asia
India’s P2P lender Faircent first for RBI’s NBFC-P2P certification
Acronyms unleashed as firm gets non-banking financial company licence.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
Deutsche Bank buys Indian start-up Quantiguous Solutions
Wants to accelerate its open banking strategy.
New South Wales–India fintech exchange calls for start-ups
One-week business development programme up for grabs.
Walmart buys $16bn share in Flipkart
Becomes largest shareholder in Indian e-commerce marketplace.
Indian lending start-up Finwego preps for launch
Gains momentum with innovation challenge award success.
Global Findex 2017: financial inclusion on the rise but gaps remain
Globally, 69% of adults – 3.8 billion people – now have an account at a bank or mobile money provider.
Central Bank of Sri Lanka preps fintech regulatory sandbox
Central Bank of Sri Lanka is asking stakeholders to share their views by 31 May.
Nations Trust Bank unveils open API banking platform
Sri Lanka-based Nations Trust Bank (NTB) has launched Nations Open API Banking.
Soneri Bank live on Temenos T24 core banking system
Pakistan-based Soneri Bank now running on Temenos’ T24 (R16).
Top fintech stories this week – 13 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
U Microfinance Bank in treasury tech revamp with Autosoft Dynamics
Pakistan bank has signed for the Adams system.
Indian challenger bank Cube preps for launch
Former founder of Citrus Pay in new adventure.
India’s central bank puts a stop to cryptocurrencies
Reserve Bank of India ushers in a new reality for virtual currencies.
Sociable ICICI Bank slings “Social Pay” your way
Indian bank offers payment transfers through social media and e-mail.
Jio Payments Bank launches in India
A joint venture between Reliance Industries and the State Bank of India.
SoftBank and Alibaba to invest $445m in Paytm E-Commerce
Values the Indian firm at about $1.9 billion.
Case study: BBVA – salute the speed
Talk and action – chatbots and artificial intelligence (AI) in practice.
Nabil Bank outsources card paytech to Compass Plus
Nepal-based Nabil Bank has migrated its card processing business to Compass Plus’ processing centre.
What is the India Stack and why is it no longer the dream it used to be?
The good, the bad and the ugly of the India Stack (or Aadhaar Stack) by Devie Mohan.
Bank of Ceylon combats financial crime with CustomerXPs’ tech
Sri Lankan bank has signed for Clari5 real-time AML solution.
Mobile card control tech vendor Ondot expands to Asia
Ondot Systems’ Mobile Card Services solution is coming to Asia.
Finantix acquires Asian wealthtech start-up Smartfolios
Deal brings in quant-enabled investment tools for digital wealth management.
Beyond the bustle and the noise, my Money20/20 Asia takeaways
At the right events, you get to take the pulse of an entire industry and if you listen, you shall hear.
PayU and Kreditech muscle into India’s lending market
Providing cardless equated monthly instalments (EMIs) to finance the online purchases of consumers in India.
Ant Financial invests $184.5m in Telenor Microfinance Bank
Ant Financial now owns a 45% stake in Pakistan’s Telenor Microfinance Bank (TNB).
Retail payments platform Pine Labs raises $82m
India’s largest digital retail payments platform Pine Labs raises $82 million in a funding round led by Actis.
RBL Bank in lendtech project with CreditVidya
India-based RBL Bank has teamed with provider of credit underwriting solutions CreditVidya.
Ziraat Bank launches proprietary mobile wallet
Bankkart Mobil was built by Ziraat Teknoloji, VeriPark and MagiClick Digital.
India’s government looks for flexible fintech
Nation seeks to promote financial inclusion and make regulations more flexible.
Silkbank completes core banking tech upgrade
Silkbank in Pakistan now on the R16 version Temenos’ T24 core banking system.
Facebook Messenger fuels Mastercard’s payments pursuit in Africa and Asia
Pilot in Nigeria is start of larger plan to get more businesses into their version of digital economy.
India’s central bank issues Swift ultimatum for core banking
With a deadline of 30 April 2018.
Hackers swipe $2m from India’s City Union Bank via Swift
Three “fraudulent remittances” – sent via correspondent banks to accounts in Dubai, Turkey and China.
Fintech funding round-up: 19 February 2018
Features Lydia, Qara and Aye Finance.
Fintech funding round-up: 13 February 2018
From India via Israel to Finland – starring MoneyOnMobile, Tipalti and Zervant.
Infographic: who is ready for Open Banking in Asia?
IDC Financial Insights maps the readiness for Open Banking among Asia, Asia Pacific and Australasia markets in 2018.
Fintech funding round-up: 12 February 2018
Featuring YapStone, Stash, Moneyfellows and Lendingkart.
India Post Payments Bank ready for nationwide roll-out
IPPB will operate via the India Post network of 155,000 branches and have 650 offices for back-end support.
