MyBank

FCA Wary of AI in Insurance; Harmonic Aims for Mathematical Breakthrough
FCA Wary of AI in Insurance; Harmonic Aims for Mathematical Breakthrough
September 26, 2024  |  Artificial Intelligence

Artificial intelligence is transforming the financial sector, with regulators highlighting potential “uninsurable” risks while innovative applications emerge in small business money management and mathematical problem-solving....

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Simplicity and Connectivity Seen as Standardized B2B Payments Advantages
Simplicity and Connectivity Seen as Standardized B2B Payments Advantages
February 13, 2023  |  B2B Payments

For B2B eCommerce firms, options to easily process high-value online payments are few. “Cards are not made for that. We know that the average [limit]...

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Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
Today In Digital-First Banking: Brex Seeks Bank Charter; MYBank Enrolls In Digital Yuan Test Drives
February 22, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Brex has filed to open an industrial bank in Utah, while MYBank is getting in on China’s moves...

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MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
MYBank, Backed By Ant Group, Signs Up For Digital Yuan Test Drives
February 22, 2021  |  International

Ant Group’s MYBank is getting in on China’s moves toward launching a digital currency. The online bank said it will now be one of the...

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Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
Jack Ma’s MYbank To Issue $282 Billion In SMB Loans This Year
May 05, 2020  |  Loans

MYbank, the online lending program of billionaire Jack Ma, is facing a serious test as the Chinese economy reels from the effects of the coronavirus,...

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China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
China’s Alibaba Loans Near $3B To Coronavirus-Affected Firms
February 18, 2020  |  International

Alibaba said on Monday (Feb. 17) that ㍐20 billion ($2.86 billion) is available in loans via its affiliate, Ant Financial’s MYBank, to help companies affected...

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Jack Ma’s Digital Bank Offers Three-Minute Loans To SMBs
Jack Ma’s Digital Bank Offers Three-Minute Loans To SMBs
July 28, 2019  |  Loans

Jack Ma’s MYbank is aiming to change the way China lends to small businesses. The 4-year-old bank uses real-time payments data and a risk-management system...

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MyBank Pilots Digital Identity Solution
MyBank Pilots Digital Identity Solution
June 08, 2016  |  Digital Banking

The first transaction between Signicat, a digital identity service for banks, and CWBI, an Italian software provider, as part of the MyBank Identity Verification Pilot,...

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