SMEs skeptical of mobile banking
A new survey from banking data firm RateWatch is bad news for banks looking to entice SME customers with new mobile offerings. Read more: www.pymnts.com
JMR Infotech bags core banking deal from Myanma Apex Bank
JMR Infotech, a leading technology solutions and services provider, today announced the winning of Core Banking managed services deal from Myanma Apex Bank (MAB). Read more: www.finextra.com
Measures to make banks’ FinTech convenient and safe
Attention may well be paid to whether newly developed financial technology could serve as a tide to change the future of the banking business. Read more: www.chicagotribune.com
The future of finance: banking as a platform
While there are many industries of which have taken to new technology with open arms, soon every industry will need to do the same in order to survive. Read more: thenextweb.com
CommBank provides ID verification marketplace users
Commonwealth Bank of Australia is letting members of local gig economy site Airtasker use their banking relationship to verify their identities. Read more: www.finextra.com
Paytm Payments Bank looking at October take-off
Digital payment platform Paytm is readying a budget to roll out its bank payments system and eyeing an October launch. Read more: www.business-standard.com
Aspiring private banks have focus on FinTech
China will soon kick off the second round of awarding licenses for private banks. Five private banks had opened for business in 2015. Read more: http://www.chinadaily.com/
ANZ reveals new open tech strategy
ANZ Banking Group has upped the ante in its adoption of cloud-based services in order to pursue a more flexible technology strategy. Read more: www.afr.com
How banks are getting around open banking and PSD2
Banks are scared, and will block any technology challenger. Don’t expect incumbents to provide open banking services any time soon. Read more: banknxt.com