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NBK Unveils Payment Verification Service on Its Mobile Banking App

Fintech Finance

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

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N26: Cloud-Banking Core Key To Meeting Consumers’ Mobile Banking Needs

PYMNTS

Financial institutions (FIs) worked quickly to ensure they could operate smoothly as the pandemic kept consumers at home and closed brick-and-mortar branches in Europe, the United Kingdom and the United States. Developments Around the Cloud Banking World. The FI officially opened the digital platform to U.S. customers in late May.

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Current Account Switching Rises in Popularity, as Consumers Remain Focused on Finding the Right Bank

The Fintech Times

The Current Account Switch Service explained that the continued upward switching trend highlights that finding the right bank or building society is still a priority for UK consumers. Online or mobile banking (43 per cent) remained the top reason people preferred their new account, a consistent trend across the last 12 months.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. In 2019, 77% of US consumers were using at least one type of digital payment system. It’s no question that the world has been digitally transformed — both in business and in life.

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Capital One Uncovers Extent of US Consumers’ Digital and Financial Literacy 

The Fintech Times

New research has been released by Capital One Insights Center , the research facility for the America-based bank, revealing the extent of consumers’ digital and financial literacy. Eighty-six per cent of Americans know how to protect themselves and their personal information online.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

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Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition

Fintech News

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

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