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Latest News - Strategy

Zero raises $2.5m in fresh funding round

  • Published: 22 Sep 2016

Zero, a US-based mobile banking startup, has raised $2.5m in new funding round to drive mobile banking experience.. read more

Spain’s Banco Popular to axe up to 3,000 jobs

  • Published: 21 Sep 2016

Spanish lender Banco Popular is set to shed between 2,900 and 3,000 jobs as part of a restructuring plan.. read more

Broadridge buys blockchain technology assets of Inveshare

  • Published: 21 Sep 2016

Broadridge Financial Solutions has acquired technology assets of financial consultant Inveshare to develop blockchain applications for its proxy business.. read more

DCB Bank partners with GI Technology to launch mVisa in India

  • Published: 16 Sep 2016

DCB Bank, a private sector bank in India, has teamed up with GI Technology, a Wirecard subsidiary, to help implement QR-based payment solution mVisa in India.. read more

Fifth Third Bancorp to close another 44 branches

  • Published: 15 Sep 2016

Fifth Third Bancorp has announced plans to shut down an additional 44 branches and sell five parcels of land as part of an ongoing assessment of its retail banking network.. read more

CYBG to shed branches in £100m cost-cutting drive

  • Published: 14 Sep 2016

The Clydesdale and Yorkshire Bank (CYBG) has announced plans to reduce costs by £100m over the next three years, mainly through closure of branches.. read more

Wells Fargo to eliminate sales target after phony account scandal

  • Published: 14 Sep 2016

Wells Fargo & Company is set to drop all product sales goals in retail banking from 1 January 2017 after being fined by regulators for abusive sales practices.. read more

NPCI adds 46 new banks to its shareholder base

  • Published: 13 Sep 2016

The National Payments Corporation of India (NPCI), the umbrella organisation for all retail payments systems in India, has expanded its shareholder base from 10 banks to 56 banks.. read more

Airtel, mVola and Orange sign interoperability agreement in Madagascar

  • Published: 13 Sep 2016

Airtel Money, mVola and Orange Money – the three mobile money providers in Madagascar - have signed a deal to launch interoperable mobile money services across the entire nation, the GSM Association (GSMA) - a global organisation that reflects the interests of telecom operators globally, has confirmed.. read more

Deutsche Bank sets up data lab in Dublin

  • Published: 12 Sep 2016

German banking group Deutsche Bank has opened a data lab in Dublin, Ireland, known as The Hive.. read more

United Community Financial to acquire Premier Bank & Trust

  • Published: 9 Sep 2016

United Community Financial, a $2.1bn financial services firm headquartered in Youngstown, Ohio, has agreed to acquire Ohio Legacy, parent of Premier Bank & Trust, to expand presence in Akron and Canton Ohio.. read more

Barclays, CBA team up to offer cross-border mobile payments

  • Published: 9 Sep 2016

Barclays has joined forces with Commonwealth Bank of Australia (CBA) to allow retail customers to send money between Australia and the UK with just a phone number.. read more

Equitas starts small finance banking operations

  • Published: 8 Sep 2016

India-based Equitas Holdings has launched its small finance banking operations in Chennai with three branches.. read more

Chase adds Android Pay support for Visa cardholders

  • Published: 8 Sep 2016

Chase, the US consumer and commercial banking business of JPMorgan Chase & Co, has added Android Pay support for its Visa cardholders.. read more

HKMA sets up fintech innovation hub and supervisory sandbox

  • Published: 7 Sep 2016

The Hong Kong Monetary Authority (HKMA) is set to establish a fintech innovation hub and supervisory sandbox to facilitate fintech innovation in the country.. read more

QNB receives regulatory nod to open Cuba office

  • Published: 7 Sep 2016

Qatar National Bank (QNB) has secured the necessary approvals to launch a representative office in the Republic of Cuba.. read more

Abu Dhabi, Guernsey regulators sign MoU to improve cross border cooperation

  • Published: 7 Sep 2016

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding (MoU) with the Guernsey Financial Services Commission (Guernsey FSC) to improve cross border co-operation.. read more

Emirates NBD unveils future digital banking lab

  • Published: 6 Sep 2016

Emirates NBD has established Future Lab to accelerate the development of next generation digital and mobile banking services in the UAE.. read more

US credit unions collaborate to create blockchain consortium

  • Published: 6 Sep 2016

US credit unions have created a collaborative venture to explore blockchain operation and pilot potentially useful applications.. read more

Citi collaborates with Grab to promote cashless payments

  • Published: 6 Sep 2016

Banking giant Citi has partnered with Grab, a Singapore-based ride-hailing platform, to promote cashless payments.. read more

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