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Latest News - Strategy

Scotiabank, Cardtronics extend ATM deal at 7-Eleven Canada stores

  • Published: 27 Mar 2017

The Bank of Nova Scotia (Scotiabank) has extended its ATM branding agreement with Cardtronics to give its customers surcharge-free ATM access at over 640 Scotiabank-branded ATMs at 7-Eleven Canada stores across Canada.. read more

RBS to shutter 158 branches

  • Published: 24 Mar 2017

Royal Bank of Scotland (RBS) is set to shut down 158 branches in Britain and Ireland, putting hundreds of jobs at risk.. read more

Accenture to buy payments consulting firm First Annapolis

  • Published: 24 Mar 2017

Accenture has agreed to acquire payments consulting and advisory firm First Annapolis Consulting for an undisclosed sum.. read more

CBA, Austrade ink fintech collaboration agreement

  • Published: 24 Mar 2017

The Commonwealth Bank of Australia (CBA) and Austrade have inked a collaboration pact to encourage the flow of fintech innovation between Australia and the UK.. read more

Deutsche Bank sets up innovation lab in New York City

  • Published: 23 Mar 2017

German banking group Deutsche Bank has launched an innovation lab in Lower Manhattan’s Fulton Center in New York City.. read more

Maybank, CIMB to allow contactless payments via Alipay in Malaysia

  • Published: 23 Mar 2017

Malayan Banking and CIMB Bank have partnered with Ant Financial Services Group, an affiliate of e-commerce giant Alibaba Group, to provide Alipay as an alternative of cashless payment for Chinese tourists visiting Malaysia.. read more

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

  • Author: Douglas Blakey
  • Published: 22 Mar 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

IBM, SecureKey collaborate to develop blockchain digital identity network

  • Published: 21 Mar 2017

Tech giant IBM and Canadian identity and security provider SecureKey have teamed up to develop a digital identity network based on blockchain technology.. read more

Alior Bank to downsize branch network; invest $100m in technology

  • Published: 20 Mar 2017

Poland's Alior Bank has unveiled plans to trim its branch network and invest in technology in response to the rise of digital banking channels.. read more

iSentric collaborates with Public Bank to launch m-payment solution in Malaysia

  • Published: 17 Mar 2017

iSentric has announced that its wholly owned subsidiary iSentric Sdn Bhd has signed an agreement with Public Bank to collectively develop and launch a mobile payment solution for the Malaysian market.. read more

Diebold Nixdorf plans to offload legacy Diebold business in UK

  • Published: 17 Mar 2017

Diebold Nixdorf, a provider of self-service solutions, is planning to divest its legacy Diebold business in the UK after the country’s Competition and Markets Authority (CMA) observed that a structural remedy is required in the UK business.. read more

ICBA Bancard announces partnership with Cachet, CKBC and MasterCard

  • Published: 17 Mar 2017

ICBA Bancard, the payment services subsidiary of the Independent Community Bankers of America (ICBA), has partnered with Cachet Financial Solutions and Central Bank of Kansas City (CBKC) to offer Cachet's Select Mobile Money-Express (SMM-X) platform to community banks.. read more

Commercial Bank of Africa taps Tieto technology for digital card and payment solution

  • Published: 16 Mar 2017

Kenya-based Commercial Bank of Africa has introduced its latest digital banking solution based on a mobile app known as Loop, claimed to be the first of its kind in Kenya and in the region.. read more

Starling Bank forges money transfer deal with TransferWise

  • Published: 16 Mar 2017

Starling Bank, a licensed mobile-only challenger bank, has joined forces with British FinTech firm TransferWise to offer its customers in-app access to TransferWise's money-transfer services.. read more

Trade union warns of layoffs over Lloyds' £1.3bn outsourcing deal with IBM

  • Published: 15 Mar 2017

Lloyds Trade Union (LTU) expressed concerns of mass layoffs over the £1.3bn outsourcing deal that Lloyds Banking Group is likely to sign with IBM.. read more

Siemens to set up merchant bank in Singapore

  • Published: 15 Mar 2017

Siemens Bank, the financing arm of Germany-based technology giant Siemens, has obtained a licence from the Monetary Authority of Singapore (MAS) to operate as a merchant bank in the country.. read more

Diebold Nixdorf to shut down production facility in Hungary

  • Published: 14 Mar 2017

Diebold Nixdorf is planning to shut down its production facility located near Budapest in Gyal, Hungary, as part of the company's recently announced DN2020 multiyear business transformation programme.. read more

DBS and Xero collaborate to help SME in financial management

  • Published: 14 Mar 2017

Singapore-based DBS Bank and cloud-based accounting platform Xero have formed a strategic partnership to help SMEs in Singapore to manage their financials and access capital.. read more

Singapore and Japan form FinTech cooperation framework

  • Published: 14 Mar 2017

The Monetary Authority of Singapore (MAS) and the Financial Services Agency (FSA) of Japan have set up a Co-operation Framework to strengthen FinTech linkages between both countries.. read more

RBS' Ulster Bank takes axe to Irish branch network

  • Published: 10 Mar 2017

Royal Bank of Scotland’s (RBS) Ireland subsidiary Ulster Bank is to axe one in seven of its branches in Northern Ireland.. read more

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