XAI is the future of AI in banking
If not handled well, AI-led customer disintermediation could plague banking; but that’s where XAI can help...
Tag : FinTech
UOB’s private equity unit co-leads S$42.2 mn funding of Thai fintech
UOB was among the top three investors in the funding round for Lightnet...
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...
Kenya’s 4G Capital secures $2 mn to finance SMEs
The funding will be used by 4G Capital to increase its customer base in Kenya and Uganda...
Ant Financial acquires ‘significant’ stake in Vietnam’s eMonkey
Despite having an office in Vietnam, Ant Financial has invested in eMonkey because it has an operating license from the State Bank of Vietnam...
Virtual banks in Singapore and Hong Kong: Who has the edge?
Hong Kong and Singapore are licencing virtual banks to serve the underserved and unhappily served – with different approaches...
Mexican fintechs are daring to take risks which the banks didn’t
Experts predict fintech volume in Mexico to reach $68 billion by 2022...
Qi Card transforms Iraq’s financial system using electronic payments
Qi Card aims to provide identity management to government and citizens in a fast and secure manner...
Mastercard, SABB partner to enhance international payments
SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border...
Bank Muscat to launch $100 mn strategic fintech programme
The programme will ensure top class services and digital innovations across all segments...