Digital Banking | 2023 #14
Weekly news up to Monday, 3rd of April 2023
👀 NEWS HIGHLIGHT
Enfuce has been recognised by Celent as a winner of a Model Risk Manager award for embedded fraud prevention in its Card as a Service solution. Celent is a global research and advisory firm for the financial services industry.
Angela Eagle, the Labour MP and member of the Treasury select committee said: 'I would be gobsmacked if they got a banking license if they didn't pass a lot of stringent tests.
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
🔦 DIGITAL BANKING HIGHLIGHTS
🌎 REGIONAL HIGHLIGHTS
Ohpen announced that Dudley Building Society selected its mortgage origination and intermediary portal to transform its core mortgage proposition.
Neo Financial launched the Neo Money card which puts more money in Canadians pockets, challenging the need for a traditional debit card.
Kasikornbank accelerated its push into digital banking and the license will almost certainly be approved given KBank’s status.
Line Corporation and Mizuho Financial Group are ceasing plans to launch a new mobile bank in Japan, citing increasing competition and scrutiny towards the security of services.
Banking group FNB announced new products, which it says will help South Africans get access to credit and are aimed at first-time credit holders, middle-income banking clients who only want a credit account.
If you are a fintech startup and have over 100 questions send me an email, maybe I can answer a few.