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Warburg Pincus to acquire a 35% stake in Avaloq

  • 12,48,22,03,2017

Private equity group Warburg Pincus has agreed to acquire a 35% stake in Swiss fintech firm Avaloq from existing shareholders. read more

Diamond Trust Bank to buy Habib Bank

  • 12,29,22,03,2017

Diamond Trust Bank of Kenya has agreed to acquire Pakistani lender Habib Bank for an undisclosed sum. read more

Winners revealed: the 8th annual Retail Banker International Asia Trailblazer Awards

  • 11,59,22,03,2017

A record number of entries, a record number of categories and a full house at the Parkroyal on Pickering, Singapore for the 8th annual Retail Banker International Asia Trailblazer Awards sponsored by Tagit Mobile. read more

Payments Canada taps Accenture to revamp the country’s payments architecture

  • 10,39,22,03,2017

Payments Canada, an organisation that operates the country’s payment clearing and settlement system, has selected Accenture to help implement ‘Modernization’ —its initiative to overhaul the country’s payments ecosystem. read more

Tandem loses funding and licence (in tandem)

  • 14,52,21,03,2017

Digital bank Tandem has lost its banking licence over concerns regarding funding read more

Cathay General-SinoPac merger secures Fed approval

  • 12,19,21,03,2017

The Federal Reserve has given the go-ahead to the acquisition of California-based SinoPac Bancorp by local lender Cathay General Bancorp and their subsequent merger. read more

Latest Special Reports More

Are challenger banks up to the challenge?

  • 14,30,14,03,2017

Over the past decade, there have been a number of banks emerging as alternatives to the incumbent giants. These are commonly referred to as challenger banks. With unique selling point, they aim to grasp a share of the market, but are they succeeding? Patrick Brusnahan reports read more

Is the Tesco Bank hack the wake-up call to make mobile security a priority?

  • 00,00,6,03,2017

The scale of the Tesco bank hack was unprecedented and shook the industry to its core. Kirsten Bay, president and CEO at Cyber adAPT, looks at what happens next, what vulnerabilities have been exposed, and what lessons the industry can take away from the incident and its effect on consumer attitudes read more

Canada’s EQ Bank proves to be a hit with digital-only savers

  • 11,48,27,02,2017

Canadian digital-only bank EQ Bank was inundated with applications when it launched its high-interest Savings Plus Account in January 2016. Can it maintain its momentum, or will its lack of credit products adversely affect sign-up volumes? Robin Arnfield reports on this new offering read more

Latest Opinions More

Buy-to-let lending buffeted by the winds of change

  • 10,50,22,03,2017

The buy-to-let sector, for so long the star performer in the UK mortgage market, has fallen victim to its own success. Legislators worried by the rapid growth in buy-to-let lending have taken decisive action to reduce its size. read more

UK banks must help customers manage their money – or someone else will

  • 18,04,21,03,2017

Last month US digital bank, Moven, launched a money management app in the UK. Available in iPhone and Android, the app lets users see spending across all accounts organized into categories, such as entertainment or groceries, and receive simple tips on how to save more or spend smarter. read more

PurePoint Financial targets savers in the US with digital bank

  • 15,47,20,03,2017

PurePoint Financial, a new division of MUFG Union Bank, has announced the inception of its new hybrid digital bank aimed at savers. The offering is in direct response to a declining savings rate of 5.4% in the US. read more

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