News

Open Banking Expo Digifest coming soon to your desktop theatre

Open Banking Expo launches its Digifest virtual event from 24th to 26th November 2020. The newest event in the Open Banking Expo portfolio continues to deliver game-changing content delivered direct to a senior digital transformation audience across financial services and beyond.

Digital Banking

Danske Bank launches more eco-friendly payment card

Danske Bank has now taken the step to phase out existing payment cards and replace them with new more eco-friendly payment cards made from 86% recycled plastic.

Payment

Liink by J.P. Morgan will dedicate to building next-gen payment capabilities

J.P. Morgan unveiled Liink, a new brand name for the firm’s blockchain-based Interbank Information Network (IIN) and introduced new applications available to Liink participants.

Payment

Bizum, the Spanish mobile payment solution, reaches 12 million users

"Spanish PayPal" Bizum has reached 12 million users, with an approximate rate of 20,000 daily registrations. It's a joint project that is part of the digital innovation initiatives of most Spanish banks.

Central Banks

People's Bank of China (PBOC) lays regulatory foundation for its CBDC

Beijing is creating its own government-ruled digital currency. China seeks to have its planned sovereign digital currency ready in time for the 2022 Winter Olympics.

FinTech

A bank 3.0 without being a bank: aircrex

Australian fintech aircrex provides compelling solutions towards autonomous finance and creates a seamless connection to people's lives.

FinTech

UBS Next plans to invest $200 million in fintechs

UBS launches UBS Next with a strategic collaboration with anthemis, a global VC fund with expertise in fintech investing. UBS Next portfolio is an additional step for UBS to further engage with fintechs and the broader tech ecosystem.‍

Digital Banking

Savii, a digital banking app for teens, preps for launch in UAE

Savii is a digital banking app and Visa prepaid debit card with flexible parental controls for 11-18-year-olds. Dubai-based Savii planning to launch in UAE in early Q1 2021.

Digital Banking

Curve moving to Lithuania after Brexit

Banking platform Curve has announced the establishment of a subsidiary in Lithuania.

Digital Banking

Up launches its own widget for iOS 14 and Android

Australian digital bank Up released a new version of their app and they have launched its own widgets for iOS 14 and Android.

Digital Banking

Online banking solution from attorneys to attorneys: Esquire Bank

Esquire Bank offers tailor-made solutions to the legal industry and small businesses.

Weekly

Digital Banking Weekly #67

18th October 2020 - 25th October 2020