BankingUOB taps into $10 bn Asean millennials market with neobank TMRWBharath KumarJanuary 13, 2020March 18, 2020 by Bharath KumarJanuary 13, 2020March 18, 2020 The bank says that 70% of ASEAN consumers demonstrate high ecommerce engagement... Read more
MagazineTechnologyXAI is the future of AI in bankingBharath KumarJanuary 13, 2020March 18, 2020 by Bharath KumarJanuary 13, 2020March 18, 2020 If not handled well, AI-led customer disintermediation could plague banking; but that’s where XAI can help... Read more
FintechMagazineAfrican fintechs are riding global investor sentimentsInternational Finance Business DeskJanuary 13, 2020January 17, 2020 by International Finance Business DeskJanuary 13, 2020January 17, 2020 Sub Saharan Africa is now among the fastest growing fintech investment zones with trade war weary Chinese flying in with cash... Read more
BankingKenya’s National Bank gets a Sh5bn lifeline from KCB GroupBharath KumarJanuary 10, 2020 by Bharath KumarJanuary 10, 2020 With a staggering Sh32bn in non-performing loans, the National Bank of Kenya was struggling to stay afloat... Read more
BankingEgypt’s overdue banking act forwarded to legislatureBharath KumarJanuary 8, 2020 by Bharath KumarJanuary 8, 2020 The much-awaited banking law monitors digital payments and financial technologies... Read more
BankingUBS to cut 500 jobs equal to 2% of global wealth workforceBharath KumarJanuary 8, 2020 by Bharath KumarJanuary 8, 2020 UBS’ decision is aimed at reviving its business and strengthening regional units... Read more
Business LeadersOliver Alawuba named as the new CEO of UBA AfricaBharath KumarJanuary 7, 2020January 8, 2020 by Bharath KumarJanuary 7, 2020January 8, 2020 UBA Africa now serves over 19 million customers across the continent... Read more
BankingNCBA Bank demands acceleration of Kenyan banking consolidationBharath KumarJanuary 6, 2020 by Bharath KumarJanuary 6, 2020 The bank’s push to increase minimum capital is targeted at driving takeovers in the country... Read more
BankingUnited Gulf buys Burgan Bank’s 51.8% stake in Bank of BaghdadBharath KumarJanuary 6, 2020 by Bharath KumarJanuary 6, 2020 The deal is anticipated to reduce non-performing loans by nearly KWD 34 million... Read more
BankingEx-Barclays tech chief to launch UK crypto-friendly digital bankBharath KumarJanuary 3, 2020 by Bharath KumarJanuary 3, 2020 Ziglu digital bank will offer fiat as well as crypto accounts... Read more