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 NEWS: BANKING BUSINESS REVIEW
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   NEWS: BANKING BUSINESS REVIEW
Banking Business Review
Aug 21, 2018

AI can be ‘the motor behind a healthier and fairer economy', says prominent UK minister
The emerging field of AI can help to drive a healthier and fairer economy, according to UK Digital Secretary Jeremy Wright During his opening speech at London Tech

The post AI can be ‘the motor behind a healthier and fairer economy', says prominent UK minister appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Amazon launches Clicks and Mortar programme to ‘help small online businesses grow'
The web is often blamed for the death of the high street but online businesses will be given a chance to set up shops in a new Amazon-backed

The post Amazon launches Clicks and Mortar programme to ‘help small online businesses grow' appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Artificial intelligence helps to serve up Wimbledon highlights reel in two minutes
Quickly turning an epic Wimbledon tennis match into a short highlights package is no easy task - but the lives of broadcasting teams is getting easier as AI

The post Artificial intelligence helps to serve up Wimbledon highlights reel in two minutes appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Breakthrough in electric aviation as six-seater hybrid aircraft takes to skies
The largest electric hybrid aircraft ever to be flown had its first successful test flight yesterday evening at Camarillo Airport, California. The public test of the six-seater Ampaire

The post Breakthrough in electric aviation as six-seater hybrid aircraft takes to skies appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

European tech sector grows faster than US as 21 new billion-dollar companies emerge
The number of billion-dollar tech companies has tripled across Europe as it continues to rival the likes of the US and China, according to new research. The Titans

The post European tech sector grows faster than US as 21 new billion-dollar companies emerge appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

How William Hill, HSBC and Anglian Water encourage good security habits among staff members
For all the time, money and resources being poured by businesses into sophisticated software tools to minimise exposure to an information security breach, the basic principle of fostering

The post How William Hill, HSBC and Anglian Water encourage good security habits among staff members appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Patents for blockchain-related technology is outpacing all other fields of computing
The number of patents filed for blockchain technologies reached a peak of 2,666 globally between 2016 and 2017. Over half (59.6%) of all such patents - which represent the

The post Patents for blockchain-related technology is outpacing all other fields of computing appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Switching to smart charging electric vehicles could save the UK over £1bn
Introducing smart charging infrastructure for electric vehicles could reduce the need to build extra storage into the National Grid - saving the UK power network £1.16bn a year,

The post Switching to smart charging electric vehicles could save the UK over £1bn appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Theresa May pledges £153m to quantum computing at London Tech Week launch
UK Prime Minister Theresa May has praised the UK technology industry for bringing in more than £130bn to the economy each year. The outgoing leader also announced £153m

The post Theresa May pledges £153m to quantum computing at London Tech Week launch appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 21, 2018

Theresa May writes into law UK 2050 net zero emissions target
The UK government has bound by law its target of reaching net zero emissions by 2050, Prime Minister Theresa May announced on 12 June. Britain is the first

The post Theresa May writes into law UK 2050 net zero emissions target appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

UK electric vehicle charging network to expand by 14% with Tesco-VW partnership
The UK's largest retail electric vehicle charging network is to be built after Tesco and Volkswagen teamed up. The nation's largest fuel retailer and the world's biggest vehicle

The post UK electric vehicle charging network to expand by 14% with Tesco-VW partnership appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Technology inspired by films: From gesture control to jet suits
It's said that influences can come from anywhere - and a closer look at today's and upcoming inventions show technology inspired by films. Numerous directors have made prescient

The post Technology inspired by films: From gesture control to jet suits appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Self-driving buses and taxis to be in London and Edinburgh by 2021
Autonomous travel remains a pipe dream for most but the UK is aiming to change that with self-driving buses and taxis set to arrive in London and Edinburgh

The post Self-driving buses and taxis to be in London and Edinburgh by 2021 appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

What is femtech? Promoting female healthcare in a male-dominated industry
"It's time to give a s*** about women's health," says Shardi Nahavandi, CEO and co-founder of femtech start-up Sura. The Sura app gives women a personal contraception plan

The post What is femtech? Promoting female healthcare in a male-dominated industry appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Sacha Romanovitch on how to make a fairer and more effective type of capitalism
Sacha Romanovitch is the first woman to run a big City accountancy firm - and now she's shared her insight on how to create a better operating system

The post Sacha Romanovitch on how to make a fairer and more effective type of capitalism appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

GripAble: The mobile video game for stroke rehabilitation
Physical therapy equipment has remained unchanged for decades - but now a tech start-up has created a mobile video game for stroke rehabilitation. GripAble hopes to "gamify" treatment

The post GripAble: The mobile video game for stroke rehabilitation appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

How Babylon is creating the future of primary healthcare with an AI virtual doctor
Digital healthcare company Babylon has created a virtual doctor app that means initial health consultations can be held by speaking to a smartphone or voice assistant bot It

The post How Babylon is creating the future of primary healthcare with an AI virtual doctor appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

How Dell and McLaren are using digital transformation to beat the challenge from digital disruptors
The fastest-growing businesses in the UK all have one thing in common - they have digital strategies ingrained in their DNA. But how can established companies beat the

The post How Dell and McLaren are using digital transformation to beat the challenge from digital disruptors appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

How lessons from 20th century car adoption can help prepare for a future of drones
First came the horse and cart, then it was the automobile - and now we should be preparing ourselves for a future of drones. Whether it's for delivering

The post How lessons from 20th century car adoption can help prepare for a future of drones appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

How Scalable Press is disrupting the mass customisation market
Scalable Press began as a schoolyard project when teen entrepreneur Raymond Lei sold personalised t-shirts to his high school friends. After securing a deal with his school tennis

The post How Scalable Press is disrupting the mass customisation market appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

How the North West of England could become a leader in hydrogen energy
Energy industry leaders have joined forces in a bid to make hydrogen a key power source in the North West of England and bring down the region's carbon

The post How the North West of England could become a leader in hydrogen energy appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Digital transformation examples: Five companies making the most of technology
Embracing the latest technology will be the New Year's resolution for many businesses in 2019 - and finding digital transformation examples can provide the inspiration they need. As customers

The post Digital transformation examples: Five companies making the most of technology appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Competition watchdog launches funeral industry investigation over ‘large price hikes'
The UK's competition watchdog has launched an investigation into the funeral industry after it highlighted "serious concerns" with price hikes that affect the most vulnerable. The Competition and

The post Competition watchdog launches funeral industry investigation over ‘large price hikes' appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Female role models in tech: Profiling nine industry leaders from the UK
From Microsoft and Channel 4 to Trainline and Mumsnet, wherever we look there are numerous female role models in technology. Now, some of the leading names in the industry

The post Female role models in tech: Profiling nine industry leaders from the UK appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

First ever drone standards to create lucrative market and solve economic challenges, says regulator
The world's first drone standards are being introduced today in a bid to provide assurance on the safety, security and "etiquette" of their use. International Standards Organisation (ISO)

The post First ever drone standards to create lucrative market and solve economic challenges, says regulator appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

From pain-relieving tampons to period trackers: Four femtech start-ups set to change female care
Period cramps and hormonal contraceptives are some of the female healthcare challenges the industry has largely failed to overcome - but a new wave of femtech start-ups are

The post From pain-relieving tampons to period trackers: Four femtech start-ups set to change female care appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

Future energy challenges and opportunities for the UK analysed by former National Grid boss
As the world makes a wholesale shift towards renewables, it presents numerous opportunities for scientists and businesses working on new technologies - but there are also plenty of

The post Future energy challenges and opportunities for the UK analysed by former National Grid boss appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

AR and VR in healthcare: Five ways immersive tech is saving and transforming lives
From training surgeons to helping patients nearing the end of their lives tick off items on their bucket list, the use of AR and VR in healthcare could

The post AR and VR in healthcare: Five ways immersive tech is saving and transforming lives appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

‘We need to make technology in the NHS work more like the web', says chief tech advisor for health
The UK Health Secretary's chief tech advisor has called for an update to technology in the NHS. Hadley Beeman, who works under MP Matt Hancock, believes public healthcare

The post ‘We need to make technology in the NHS work more like the web', says chief tech advisor for health appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Aug 08, 2018

A bad year for retailers: High street shop closures in 2018
As customers demand an increasingly online experience, physical retail outlets have suffered - with an ever-growing number of high street shop closures in 2018. Investigating the downward spiral,

The post A bad year for retailers: High street shop closures in 2018 appeared first on Compelo - latest news, features and insight on influencers and innovators within business.



Banking Business Review
Jul 20, 2018

Hellman & Friedman completes acquisition of Financial Engines
Financial Engines, America's independent investment advisor, and Hellman & Friedman, a private equity investment firm, announced the successful completion of the acquisition of Financial Engines by funds affiliated with Hellman & Friedman.

Banking Business Review
Jul 20, 2018

Emerald Asset Management and 1251 Capital Group agree to partnership
Emerald Asset Management and 1251 Capital Group announced t that they have agreed to form a partnership between Emerald and 1251 to position Emerald for future growth by enhancing the Emerald team and its line-up of investment products.

Banking Business Review
Jul 20, 2018

Cognizant implements s business processes and core banking systems for Bank Julius Baer
Cognizant has announced a successful modernized implementation of business processes and core banking systems for Bank Julius Baer in its Asia Pacific region as part of a comprehensive digital transformation.

Banking Business Review
Jul 20, 2018

UBP to acquire London's ACPI Investments
Switzerland-based Union Bancaire Privée (UBP) has agreed to acquire London-based investment management firm, ACPI Investments, for an undisclosed sum.

Banking Business Review
Jul 20, 2018

HKMA publishes OPI framework for Hong Kong's banking industry
Hong Kong Monetary Authority (HKMA), Hong Kong's de facto central bank and currency board, has released the open application programming interface (API) Framework for the country's banking sector.

Banking Business Review
Jul 19, 2018

MFEX buys investor platform Ahorro Best Funds
European independent fund platform MFEX Mutual Funds Exchange has acquired Ahorro Best Funds, an investor platform operated by Spain's Ahorro Corporación Financiera (ACF), for an undisclosed sum.

Banking Business Review
Jul 19, 2018

Morgan Stanley Q2 revenue increases 12% to $10.6bn
Morgan Stanley's net revenues surged 12% to $10.6bn for the second quarter ended 30 June 2018, compared to the $9.5bn reported in the same period last year.

Banking Business Review
Jul 18, 2018

Genstar Capital to buy majority interest in Cetera Financial Group
Genstar Capital has agreed to purchase a majority equity interest in US-based Cetera Financial Group for an undisclosed sum.

Banking Business Review
Jul 18, 2018

Bank of America Q2 net income surges 33% to $6.8bn
Bank of America has reported net income of $6.8bn, an increase of 33%, for the second quarter of 2018, compared to $5.1bn for the same period last year.

Banking Business Review
Jul 17, 2018

Santander Bank implements new bank operating platform
Santander Bank's Business Banking clients are being introduced to a new Bank Operating System, in a move that will deliver a superior digital experience for customers that is as configurable and personalized as it is fast and easy-to-use.

Banking Business Review
Jul 17, 2018

Temenos extends contract with Northern Trust to support strategic growth in transfer agency business
Temenos, the banking software company, has signed a multi-year deal with global financial services company Northern Trust.

Banking Business Review
Jul 17, 2018

Citi introduces new payments service for institutional clients
Citi has introduced new payments service for institutional clients with real-time payments visibility and management.

Banking Business Review
Jul 17, 2018

UK's FCA proposes enhancements to investment platforms
The UK's Financial Conduct Authority (FCA) has proposed measures to improve competition in the investment platform market.

Banking Business Review
Jul 16, 2018

Montanaro Asset Management implements Charles River IBOR solution
UK-based asset manager Montanaro Asset Management, has implemented Charles River's Investment Book of Record (IBOR), which provides portfolio managers and traders with up to date position and cash information and removes manual reconciliation.

Banking Business Review
Jul 16, 2018

Diebold Nixdorf, Mastercard to offer new banking-as-a-service solution
Diebold Nixdorf has collaborated Mastercard to provide to offer an industry-defining, managed solution for the banking and retail sectors.

Banking Business Review
Jul 15, 2018

Sberbank, Tinkoff Bank offer money transfers using phone numbers
Sberbank and Tinkoff Bank have launched a joint transfer service that uses mobile phone numbers.

Banking Business Review
Jul 13, 2018

Accuity buys US firm Safe Banking Systems
Accuity, a subsidiary of RELX Group, has acquired US-based Safe Banking Systems (SBS) for an undisclosed sum.

Banking Business Review
Jul 13, 2018

West Texas State Bank to implement Baker Hill's loan origination platform
West Texas State Bank will deploy Baker Hill's loan origination software - Baker Hill NextGen Loan Origination to standardize and streamline its consumer, commercial lending processes.

Banking Business Review
Jul 13, 2018

Citi partners with Fintech HighRadius to launch Citi Smart Match
Citi's Treasury and Trade Solutions has entered into a strategic partnership with HighRadius, a software company specializing in cloud-based integrated receivables to launch Citi Smart Match.

Banking Business Review
Jul 13, 2018

Guggenheim Securities to buy US restructuring specialist Millstein
US-based Guggenheim Securities has agreed to acquire financial services firm Millstein & Co. for an undisclosed price.

Banking Business Review
Jul 12, 2018

FNZ to buy German investment platform ebase from comdirect bank
British fintech company FNZ Group has agreed to acquire investment platform ebase from Germany-based comdirect bank for an undisclosed price.

Banking Business Review
Jul 11, 2018

Cinnober, BitGo partner to provide solutions to cryptocurrency exchanges
Exchange technology provider Cinnober has collaborated with cryptocurrency security specialist BitGo to provide technology solutions to cryptocurrency exchanges.

Banking Business Review
Jul 11, 2018

ACI Worldwide, PAX to offer additional payment terminal options for merchants
ACI Worldwide, a global provider of real-time electronic payment and banking solutions, and PAX, a provider of secure electronic payment terminal solutions, have entered into a non-exclusive global agreement to offer additional payment terminal options for merchants worldwide.

Banking Business Review
Jul 11, 2018

Natixis Investment Managers to acquire stake in WCM Investment Management
Natixis Investment Managers has signed an agreement to acquire a minority stake in WCM Investment Management (WCM) and become their exclusive third-party distributor, subject to limited exclusions.

Banking Business Review
Jul 11, 2018

TokenPay acquires stake in Germany-based WEG Bank
TokenPay Swiss has acquired a stake of 9.9% in WEG Bank along with options to buy another 90%, subject to customary regulatory approval.

Banking Business Review
Jul 11, 2018

Mastercard, Florida Capital Bank partner for real-time disbursements
Mastercard announced that it is partnering with Florida Capital Bank to facilitate efficient and near real-time disbursements of funds to all branded debit cards in the US by integrating Mastercard Send.

Banking Business Review
Jul 11, 2018

Bank of Cyprus to divest UK subsidiary for £103m
Cynergy Capital has agreed to acquire Bank of Cyprus' (BOC) wholly-owned subsidiary Bank of Cyprus UK (BOC UK) and its subsidiary Bank of Cyprus Financial Services (BOC FS) for £103m.

Banking Business Review
Jul 11, 2018

TD Bank to buy Greystone Managed Investments for $603m
Canada-based Toronto-Dominion Bank (TD) has agreed to acquire Greystone Capital Management (GCMI), parent firm of institutional asset manager Greystone Managed Investments, for C$792m ($603.20m).

Banking Business Review
Jul 10, 2018

Citizens Financial launches direct-to-consumer digital bank
Citizens Financial Group has launched Citizens Access, a nationwide, direct-to-consumer digital bank in the US.

Banking Business Review
Jul 10, 2018

Citizens Alliance selects CSI as digital banking technology provider
Minnesota-based Citizens Alliance Bank has selected financial technology solutions provider Computer Services (CSI) as its new digital banking technology provider.

Banking Business Review
Jul 10, 2018

Mastercard, Strands partner to provide integrated platform for issuing banks
FinTech software firm Strands has collaborated with Mastercard to offer an integrated platform for issuing banks.

Banking Business Review
Jul 10, 2018

EQT to buy Saxo Bank's online cross-border payments unit
EQT Partners has agreed to acquire Saxo Payments Banking Circle, a cross-border payments infrastructure platform, for an undisclosed price from Danish investment banking company Saxo Bank and other minority owners.

Banking Business Review
Jul 09, 2018

TriCo Bancshares, FNB Bancorp complete merger
TriCo Bancshares announced that it has completed its previously-announced merger with FNB Bancorp as of 6 July 2018.

Banking Business Review
Jul 09, 2018

Scotiabank completes acquisition of majority stake in BBVA Chile
Scotiabank has completed its $2.2bn (C$2.9bn) acquisition of Spanish lender Banco Bilbao Vizcaya Argentaria's stake of 68.19% in Banco Bilbao Vizcaya Argentaria, Chile (BBVA Chile).

Banking Business Review
Jul 08, 2018

UnionPay signs MOU with Bulgarian National Card Scheme
UnionPay International and the Bulgarian National Card Scheme signed a Memorandum of Understanding Agreement (MOU) with an aim to launch a project for enabling POS and ATM terminals in Bulgaria to accept the former's chip card and support its contactless payment service.

Banking Business Review
Jul 08, 2018

IBM, Banca Carige launch $500m JV to focus on banking technologies
IBM and Italian bank Banca Carige have launched a $500m joint venture (JV), which will focus on advancing bank's digital capabilities.

Banking Business Review
Jul 06, 2018

Wells Fargo to sell majority stake in Rock Creek Group
Wells Fargo has agreed to divest its majority stake in The Rock Creek Group to its management for an undisclosed sum.

Banking Business Review
Jul 06, 2018

myPOS Europe partners with Faster Payments Service
myPOS Europe, a card payments provider to small and medium-sized businesses has joined forces with Faster Payments Service to offer even faster and better money transfers to its customers.

Banking Business Review
Jul 06, 2018

myPOS Europe's customers can now access Faster Payments
myPOS Europe, a card payments provider to small and medium-sized businesses, announced that its customers can now access Faster Payments in an effort to offer better money transfers.

Banking Business Review
Jul 06, 2018

Western Union, Post Bank Russia expand offering for digital international money transfers
The Western Union and Russia's Post Bank have expanded their offering for digital international money transfers by allowing customers to use Post Bank's mobile banking app to send Western Union Money Transfers directly into billions of bank accounts in more than 50 countries.

Banking Business Review
Jul 06, 2018

Western Union, Post Bank Russia partner for digital money transfer service
The Western Union and Russia's Post Bank have expanded their offering for digital international money transfers by enabling customers to use Post Bank's mobile banking app to send Western Union Money Transfers directly into billions of bank accounts in more than 50 countries.

Banking Business Review
Jul 06, 2018

Sistema offloads controlling stake in MTS Bank to MTS
Russian conglomerate Sistema has sold its 28.63% stake in MTS Bank to Mobile TeleSystems for RUB8.27bn ($130m).

Banking Business Review
Jul 05, 2018

modefinance unveils new oplon platform for risk management
The modefinance has unveiled new predictive solution for financial institutions, investments funds, corporates and Fintech companies.

Banking Business Review
Jul 05, 2018

Banco Santander implements iGTB's Intellect Payments Services Hub
Intellect Global Transaction Banking (iGTB), the corporate banking technology provider from Intellect Design Arena, and Banco Santander, the euro zone's largest bank by market capitalisation, have agreed a deal to implement iGTB's Intellect Payments Services Hub (IPSH)- bringing next-generation payments capabilities to its corporate clients.

Banking Business Review
Jul 05, 2018

Gresham acquires cash and payments software developer B2 Group
UK-based software firm Gresham Technologies has acquired Luxembourg-based B2 Group, a provider of cash and payments solutions, for an undisclosed price.

Banking Business Review
Jul 04, 2018

New directory for financial services workers proposed by FCA
The UK's proposed Financial Conduct Authority's (FCA) has proposed a new directory for financial services workers to make it easier for people to be confident they can find the right people to deal with.

Banking Business Review
Jul 04, 2018

Jumhouria Bank of Libya selects SmartStream's Corona solution
Libya's Jumhouria Bank has signed a deal for SmartStream Technologies' Corona solution for handling intra-day reconciliations management across cash, cards, branch, central bank and payment transactions.

Banking Business Review
Jul 04, 2018

PayPal, Synchrony complete consumer credit receivables sale
PayPal Holdings has announced the closing of its consumer credit receivables transaction with Synchrony.

Banking Business Review
Jul 04, 2018

Airwallex secures $80m funding to advance smart cross-border payment technology
Financial technology firm Airwallex has secured $80m funding to advance the production of its smart cross-border payment technology.

Banking Business Review
Jul 04, 2018

Societe Generale to buy Commerzbank's EMC business
France-based Societe Generale has agreed to acquire the equity markets and commodities business (EMC) of Commerzbank for an undisclosed price.

Banking Business Review
Jul 03, 2018

Scotiabank buys Citibank's consumer and SME operations in Colombia
Scotiabank, via its Colombian subsidiary Scotiabank Colpatria, has completed the acquisition of Citibank Colombia's consumer and small and medium enterprise (SME) businesses.

Banking Business Review
Jul 03, 2018

French bank BPCE introduces instant payment service
Groupe BPCE has become the first banking group in France to provide instant payment to its customers with Natixis Payments.

Banking Business Review
Jul 03, 2018

Pacific Premier Bancorp completes acquisition of Grandpoint Capital
Pacific Premier Bancorp, the holding company of Pacific Premier Bank, has completed the acquisition of Grandpoint Capital, the holding company of Grandpoint Bank, a California-chartered banking corporation headquartered in Los Angeles, California.

Banking Business Review
Jul 03, 2018

BofA Merrill enhances CashPro Mobile with biometrics and embedded token
Bank of America Merrill Lynch (BofA Merrill) has introduced fingerprint and facial recognition features in addition to an embedded token to its CashPro Mobile app.

Banking Business Review
Jul 02, 2018

J.C. Flowers completes acquisition of Piraeus Bank Romania
US private equity investment firm J.C. Flowers & Co. has completed a previously announced acquisition of Piraeus Bank Romania from Greece-based Piraeus Bank following the receipt of necessary approvals from the National Bank of Romania.

Banking Business Review
Jul 02, 2018

UK's NPSO takes up cheque clearing responsibility
The UK's New Payment System Operator (NPSO) said that it has taken on regulatory responsibility for cheque paper and cheque image clearing systems.

Banking Business Review
Jul 02, 2018

Nordea to buy Gjensidige Bank for EUR578m
Nordea, a Nordic financial services group, has signed an agreement to acquire Norway-based online bank, Gjensidige Bank, in a deal valued at NOK5.5bn (€578m).

Banking Business Review
Jul 02, 2018

IRDAI approves LIC's proposal to increase stake in IDBI Bank
Life Insurance Corporation of India (LIC) has secured approval from the Insurance Regulatory and Development Authority of India (IRDAI) to increase its stake in the IDBI Bank from 10% to 51%.

Banking Business Review
Jun 29, 2018

Finn by Chase goes national
Chase has announced that its all-mobile bank, Finn by Chase is now available nationwide to iOS users, offering millions of consumers a fully digital banking experience that helps them spend smarter and save better.

Banking Business Review
Jun 29, 2018

trade.io launches high-level security systems and practices for upcoming cryptocurrency exchange
The trade.io has introduced high-level security systems and practices for its upcoming cryptocurrency exchange.

Banking Business Review
Jun 29, 2018

UK's FCA review shows imposing of high overdraft charges to retail banking customers
The UK's Financial Conduct Authority's (FCA) review on retail banking sector has showed that some customers are paying significantly more for their current accounts, via unarranged overdraft charges and fees.

Banking Business Review
Jun 29, 2018

FCA chief executive says there is no such thing as free banking
The UK's Financial Conduct Authority's (FCA) review on retail banking sector has showed that some customers are paying significantly more for their current accounts, via unarranged overdraft charges and fees.

Banking Business Review
Jun 27, 2018

Digital money platform Uphold to buy broker-dealer JNK Securities
Uphold, a global digital money platform, has reached an agreement to acquire New York Stock Exchange member JNK Securities.

Banking Business Review
Jun 27, 2018

Natixis acquires UK credit specialist MV Credit
Natixis Investment Managers has expanded its private debt capabilities with the acquisition of UK-based credit specialist, MV Credit.

Banking Business Review
Jun 26, 2018

Forcht Bank to acquire Ohio-based Watch Hill Bank
Forcht Bancorp has reached an agreement to purchase Watch Hill Bank in Cincinnati, Ohio, by acquiring all the outstanding shares of MW Bancorp, the holding company for Watch Hill Bank.

Banking Business Review
Jun 26, 2018

SIX Exchange Regulation sanctions Banque Cantonale de Genève
SIX Exchange Regulation, which monitors and enforces the exchange obligations of listed companies, sanctioned Banque Cantonale de Genève (BCGE), Geneva, for violations of the regulations on regular reporting obligations with a fine in the amount of CHF 30,000 in a sanction notice.

Banking Business Review
Jun 26, 2018

UK government supports GMEX to create new trading exchange in Mauritius
The UK government's Department for International Trade (DIT) is backing GMEX Group in the establishment of a new exchange trading ecosystem in Mauritius.

Banking Business Review
Jun 25, 2018

Commonwealth Bank of Australia to demerge wealth management and mortgage broking businesses
Commonwealth Bank of Australia (CBA) has decided to demerge its wealth management and mortgage broking businesses, as part of its effort to focus more on its core banking businesses in Australia and New Zealand.

Banking Business Review
Jun 22, 2018

MetaBank, Global Cash Card extend relationship through 2022
MetaBank, a wholly-owned subsidiary of Meta Financial Group has signed an agreement to continue their relationship with Global Cash Card and will begin to support Wisely by ADP.

Banking Business Review
Jun 22, 2018

MYbank launches Star Plan to support 1,000 financial institutions
MYbank, an online private commercial bank in China with a focus on SME financing, has announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.

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