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Banking Business Review
Mar 16, 2018

Singapore's OCBC Bank establishes artificial intelligence unit
Singapore-based OCBC Bank has established an artificial intelligence (AI) unit, as part of its efforts to advance the use of AI across banking services.

Banking Business Review
Mar 15, 2018

Nordic Capital to buy online payments provider Trustly
Private equity firm Nordic Capital has agreed to acquire European online payments provider, Trustly, for an undisclosed sum.

Banking Business Review
Mar 14, 2018

ING acquires 75% stake in Payvision
Merchant acquirer and omnichannel payment provider Payvision has completed the sale of 75% stake to ING Group.

Banking Business Review
Mar 13, 2018

SS&C Technologies to buy CACEIS' North American fund administration business
SS&C Technologies has agreed to acquire North American fund administration business from CACEIS for an undisclosed sum.

Banking Business Review
Mar 12, 2018

Singapore Exchange partners with Smartkarma to roll out C-Suite pilot program
Singapore Exchange (SGX) has partnered with FinTech firm Smartkarma to roll out the C-Suite Pilot Program, a cloud-based platform that will allow SGX-listed companies to streamline their communication and data reporting to the institutional analyst and investor communities.

Banking Business Review
Mar 12, 2018

TransferWise selects Wirecard as debit card issuer
UK-based money transfer company TransferWise has selected Wirecard, internet technology and financial services provider, to issue a debit card to serve alongside its digital borderless account.

Banking Business Review
Mar 11, 2018

BNP Paribas Fortis to incorporate Tink's technology into mobile banking apps
Belgium-based BNP Paribas Fortis has signed an agreement to integrate Tink's Aggregation, Personal Finance Management (PFM) and Payment Initiation technology into its mobile banking applications.

Banking Business Review
Mar 09, 2018

European Commission unveils new fintech action plan
The European Commission (EC) has unveiled a new fintech action plan to help finance industry increase the application of new technologies for better serving consumers, investors and banks.

Banking Business Review
Mar 08, 2018

MarketAxess, BlackRock expand Open Trading alliance into Asian credit markets
MarketAxess and BlackRock are extending their Open Trading alliance into the Asian credit markets.

Banking Business Review
Mar 07, 2018

ABN AMRO selects Wolters Kluwer and SAS for regulatory compliance project
The Netherlands-based ABN AMRO has selected Wolters Kluwer and SAS to offer an integrated finance, risk and regulatory reporting software solution.

Banking Business Review
Mar 07, 2018

BABB raises $20m funding to build blockchain banking platform
Bank Account Based Blockchain (BABB) has raised $20m in funding to open its first regulated blockchain-based bank accounts before the end the year.

Banking Business Review
Mar 07, 2018

Mastercard acquires mobile payments technology firm Oltio
Mastercard has acquired mobile payments technology firm Oltio from South Africa's Standard Bank Group for an undisclosed sum.

Banking Business Review
Mar 07, 2018

Financial Conduct Authority bans ex Co-operative Bank chair from industry
The UK's Financial Conduct Authority (FCA) has imposed a ban on former Co-operative Bank chair Paul Flowers from the financial services industry.

Banking Business Review
Mar 05, 2018

Tieto helps Touch Bank allow Google Pay
Tieto has provided a solution that will allow Touch Bank customers to make payments with Visa and Mastercard cards using their Google Pay wallet.

Banking Business Review
Mar 05, 2018

Nasdaq lodges patent infringement lawsuit against IEX Group
Nasdaq, a provider of trading, clearing, exchange technology, listing, information and public company services, has lodged a patent infringement lawsuit against IEX Group over the unauthorized use of its electronic trading technology.

Banking Business Review
Mar 04, 2018

Leumi ABL selects encompass confirm to enhance KYC compliance processes
Bank Leumi Group's subsidiary Leumi ABL has selected encompass confirm to support and improve its Know Your Customer (KYC) compliance processes.

Banking Business Review
Mar 02, 2018

Mastercard to launch Masterpass QR bot payment solution in Nigeria
Mastercard will launch a Masterpass QR bot on Facebook Messenger in Nigeria, to allow the country's businesses to set up digital money accounts and accept QR payments.

Banking Business Review
Mar 01, 2018

Credit Suisse and ING complete first live transaction using blockchain platform
HQLAx, together with Credit Suisse and ING, have executed the first live securities lending transaction settled using R3's Corda blockchain platform.

Banking Business Review
Mar 01, 2018

UK's FCA issues new rules for credit card market
The UK's Financial Conduct Authority (FCA) has issued new rules for the credit card market, as part of its efforts to reduce interest charges.

Banking Business Review
Feb 28, 2018

MutualFirst Financial completes merger with Universal Bancorp
MutualFirst Financial, the parent corporation of MutualBank, has completed the merger with Universal Bancorp based in Bloomfield, Indiana and its subsidiary BloomBank.

Banking Business Review
Feb 27, 2018

CVB Financial and Community Bank agree to merge in $878m deal
CVB Financial Corp. (CVBF), the holding company for Citizens Business Bank, has agreed to merge with Community Bank, an independent and family-owned regional bank with assets of $3.7bn and 16 locations throughout Southern California.

Banking Business Review
Feb 27, 2018

Royal Bank of Scotland makes first profit in ten years
Royal Bank of Scotland (RBS) has announced an operating profit before tax of £2.2bn for 2017 and its first full year attributable profit in ten years, of £752m.

Banking Business Review
Feb 27, 2018

Bank of America plans to open 500 new financial centers
Bank of America (BofA) has unveiled plans to open over 500 new financial centers in the next four years, as part of its efforts to provide better services for its clients.

Banking Business Review
Feb 26, 2018

Mana Partners switches to Metamako for better investment decisions
New York-based electronic trading and asset management firm Mana Partners is gaining ultra-low latency exchange connectivity with Metamako.

Banking Business Review
Feb 25, 2018

OCBC Bank launches voice-powered conversational banking
OCBC Bank has become the first bank in Singapore to allow its customers to do their day-to-day banking and make cashless payments using only their voices.

Banking Business Review
Feb 23, 2018

UK Treasury Committee launches inquiry on digital currencies
The UK Parliament's Treasury Committee has launched an investigation on digital currencies and distributed ledger technology.

Banking Business Review
Feb 22, 2018

NatWest tests AI-powered digital human to answer customer queries
NatWest, a UK-based retail and commercial bank, has started advanced testing of an artificial intelligence (AI) driven digital human in banking operations.

Banking Business Review
Feb 21, 2018

Banco Santander to use Appian's platform in the cloud for enterprise process improvement
Spanish banking group Banco Santander has agreed to use Appian's platform in the cloud for enterprise process improvement.

Banking Business Review
Feb 21, 2018

Temenos to acquire UK financial technology firm Fidessa
Swiss banking software provider Temenos has agreed to acquire UK financial technology firm Fidessa in a cash deal valued at around £1.4bn.

Banking Business Review
Feb 20, 2018

Texcent gets remittance license from Monetary Authority Singapore
Payments company Texcent Asia has received remittance license from the Monetary Authority Singapore (MAS).

Banking Business Review
Feb 20, 2018

NMI to acquire payment gateway services provider Creditcall
Payments enablement technology provider NMI has agreed to acquire Creditcall, a multichannel payment gateway and EMV standard solutions provider, to enhance its EMV payment capabilties.

Banking Business Review
Feb 20, 2018

BankLabs introduces Pay to automate payments streams for construction industry
BankLabs, a provider of mobile technology products for community banks, has launched Pay, an automated payment stream between builders and sub-contractors.

Banking Business Review
Feb 20, 2018

Deutsche Bank plans to axe 250 investment banking jobs
German banking and financial services firm Deutsche Bank is reportedly planning to cut up to 250 investment banking jobs across the globe.

Banking Business Review
Feb 19, 2018

D.A. Davidson, MCF Corporate Finance agree to create transatlantic partnership
US-based full-service investment bank D.A. Davidson has partnered with MCF Corporate Finance, a European independent M&A advisory firm, to expand investment banking capabilities in Europe and North America.

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