GoTyme Bank

Our pick of the top fintech news stories this week includes Monzo, NAB, GoTyme Bank, and more.

GoTyme Bank’s acquisition claims to serve over 500,000 employees across 150 Philippine enterprises.

The bank aims to leverage Nice Actimize’s AI and analytics solutions in order to prevent financial crime and fraud.

Existing investor Tencent also increased its stake to become Tyme’s third-largest stakeholder.

The digital bank will utilise Daon’s IdentityX platform for ID authentication.