Digital Banking Weekly #48

🇦🇪 Emirates NBD issues statement in response to recent news reports speculating that Bank of America had bought 100 million shares in the Dubai entity 🔗 Read more

🌐 Spanish banking giant Santander has vowed to hire 3000 IT professionals worldwide this year as it pushes on with its digital transformation plan 🔗 Read more

🗺️ Another chapter of the Built for Mars bank study is out. This one about: International Payments 🔗 Read more

🇺🇸 Small business owners who sell on Amazon platform will soon be receiving invitations from Goldman’s Marcus brand for revolving credit lines with a fixed annual interest rate 🔗 Read more

🇸🇦 Saudi Arabian Monetary Authority (SAMA) uses blockchain tech for funds transfer 🔗 Read more

🔓 BBVA has re-opened its entire branch network as Spain emerges out of lockdown 🔗 Read more

🏧 Caixabank is embarking on a project to roll out facial recogntion technology at 100 ATMs throughout Spain, enabling users to make withdrawals without using a PIN code 🔗 Read more

🌲 European challenger bank bunq, is giving it’s users what they want and standing up against CO2 by today making a pledge to plant 1 million trees by February 2021 🔗 Read more

🚸 The creative arm of core banking vendor Thought Machine has joined forces with game developer Glitchers to build an app that teaches kids money management skills 🔗 Read more

🇬🇧 Neobank Muniy partners with HooYu to power KYC and smooth customer onboarding and raises £200,000 🔗Read more

🇩🇪 Deutsche Bank is set to launch its fourth electronic foreign exchange (e-FX) hub in Singapore with the help of the country’s financial regulator – the Monetary Authority of Singapore 🔗 Read more

🇷🇺 Russian bank Tinkoff has launched a micro-investing service, letting customers round up debit card transactions and put the spare amounts into an ETF 🔗 Read more

🇦🇹Bank99, a new banking entity set up by Austrian Post, has signed a six-year contract with Diebold Nixdorf for ATM management and optimization 🔗 Read more

🇰🇭 Fincy, a multi-currency money management app that launched in Cambodia last year, has received an $11 million capital injection from parent company GBCI to expand its network across South East Asia 🔗 Read more

🇬🇧 Goldman Sachs closes Marcus account to new customers in UK 🔗 Read more

🇵🇷 Zenus Bank, a Puerto Rico-based digital bank that allows people and businesses around the world to open a US bank account, has appointed John Woods to the role of chief marketing officer 🔗 Read more

🇷🇺 Russia’s Sberbank has teamed up with Visa and retailer Azbuka Vkusa to open a cashierless store where customers simply take items from shelves and are automatically charged 🔗 Read more

🇸🇦 UAE-based buy now, pay later startup Tabby has secured a $7 million investment to support its launch in Saudi Arabia 🔗 Read more

🇦🇪 Dubai International Financial Centre (DIFC) announced that it has invested in four FinTech start-up companies 🔗 Read more

💼 Libra Association has brought in Credit Suisse’s head of financial crime compliance, Sterling Daines, as Chief Compliance Officer 🔗 Read more