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Aldridge EDC Specialty Finance Partners acquires Tuxedo Money Solutions

  • 14,26,25,04,2017

Erik Fallstrom and Andreas H Tuczka of Aldridge EDC Specialty Finance Partners (AEDC) have become 100% owners of UK-based fintech and payment services provider Tuxedo Money Solutions after receipt of FCA approval. read more

MAS collaborates with industry stakeholders to combat money laundering

  • 07,15,25,04,2017

The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have joined forces with industry stakeholders to boost the country’s efforts in combating money laundering and terrorism financing (ML/TF). read more

Amadeus partners with U.S. Bank to offer virtual cards for B2B payments

  • 00,00,25,04,2017

U.S. Bank, a commercial bank card issuer, and Amadeus, a technology provider for the travel industry, have signed an agreement, whereby Amadeus will offer the bank's virtual payment technology to its travel agency subscribers in the US. read more

BBVA completes acquisition of Mexican payments startup Openpay

  • 00,00,25,04,2017

Spanish banking group BBVA has completed the acquisition of Mexican online payments firm Openpay for an undisclosed sum. read more

Deutsche Bank fined $156.6m for violating foreign exchange norms

  • 14,09,24,04,2017

Deutsche Bank has agreed to pay a combined $156.6m in penalties to Federal Reserve for violating foreign exchange norms and failing abide by to maintain Volcker Rule. read more

UBS rolls out mobile payment app Twint

  • 13,18,24,04,2017

Swiss banking giant UBS has launched a new mobile banking app, dubbed UBS Twint, in Switzerland. read more

Latest Special Reports More

Nequi: a unique Colombian offering

  • 14,31,25,04,2017

Designit, an integrated design agency recently acquired by Wipro Digital, has partnered with Nequi bank in Colombia to go 100% digital. The bank has redesigned the mobile banking experience, and is creating offerings for millennials who are starting to drift toward a post-app world. Douglas Blakey reports read more

High altitude, higher stakes? Latin America under Trump

  • 15,19,24,04,2017

Latin America’s third-largest economy could slip into recession if US President Donald Trump’s toxic cocktail of threats to upend the North American Free Trade Agreement or impose heavy tariffs on Mexican exports come true. However, Mexican banks are – at least for now – unconcerned, writes Ivan Castano read more

Banks should ditch cash to boost customer loyalty

  • 12,14,24,04,2017

The rise of digital wallets, coupled with the adoption of the mobile phone as a mobile payment technology, hint at a future driven by digital first strategies. Can banks move fast enough? Or will legacy systems prove their undoing? Christopher Evans director at Collinson Group reports read more

Latest Opinions More

Put your money where your mobile is

  • 14,35,25,04,2017

It would not take long to find an article or a comment on how the banking industry is embracing the digital realm, but is this actually true? Are digital services an opportunity or a burden for banks? Patrick Brusnahan reports on what the sector needs to do in order to compete in the cyberworld read more

Market Opportunities Index 2016: update

  • 14,28,19,04,2017

GlobalData has updated the Retail Banking Market Opportunities Index (MOI) for 2016. Eight new markets have been added to the MOI, increasing the total coverage to 28 markets globally. read more

And about time too: Hammond signals RBS to live “in real world”

  • 10,58,19,04,2017

At long last – and one can argue it is long overdue – there is some sign of the UK government coming to its senses over the near 10 year disaster that is state control of Royal Bank of Scotland (RBS). read more

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