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Latest News - Strategy

Dutch digital lender bunq expands to Germany and Austria

  • Published: 10 Mar 2017

Dutch mobile banking start-up bunq has expanded into Germany and Austria with the launch of its open application programming interface (API).. read more

Singapore, Abu Dhabi regulators team up to improve fintech innovation

  • Published: 9 Mar 2017

The Monetary Authority of Singapore (MAS) and Abu Dhabi Global Market (ADGM) have signed a cooperation agreement to support growth of fintech in the two jurisdictions.. read more

Doha Bank rolls out new mobile app to reward its credit cardholders

  • Published: 9 Mar 2017

Doha Bank, a commercial lender in Qatar, has launched a new mobile app that offers a host of benefits to its credit cardholders.. read more

Indonesia financial regulator revokes licence of RBS’ local branch

  • Published: 7 Mar 2017

Otoritas Jasa Keuangan (OJK), the agency that regulates and supervises the financial services sector in Indonesia, has revoked the licence of The Royal Bank of Scotland N.V. (RBS N.V.) local branch office.. read more

Digital lender Atom Bank raises further £83m from shareholders

  • Published: 6 Mar 2017

Atom Bank, a British challenger bank built exclusively for mobile, has raised a further £83m from its existing investors.. read more

BBVA to invest $1.5bn in Mexican operations

  • Published: 6 Mar 2017

Spanish banking group BBVA has announced plans to invest $1.5bn into its Mexican division, BBVA Bancomer.. read more

Vantiv to offer payment processing services to Tyndall FCU

  • Published: 3 Mar 2017

US-based credit card processor Vantiv will provide Tyndall Federal Credit Union (Tyndall FCU) a comprehensive suite of payment processing services.. read more

Fauquier Bank to launch digital lending platform

  • Published: 3 Mar 2017

Fauquier Bank, a community bank based in Virginia, has teamed up with digital lending technology provider R.C. Giltner Services to launch a new digital lending platform for small businesses and consumers.. read more

Southbridge Savings Bank taps CPI Card’s solution for in-branch card issuance

  • Published: 1 Mar 2017

US-based Southbridge Savings Bank has extended use of CPI Card Group’s Card@Once solution to offer in-branch instant issuance of debit cards to customers in all nine of its branch locations as well as six branch locations of its merged partner, SpencerBANK.. read more

Online lender SoFi raises $500m in funding

  • Published: 28 Feb 2017

Online lending firm Social Finance (SoFi) has raised $500m in Series F financing led by private equity firm Silver Lake Partners.. read more

MUFG launches digital bank in US

  • Published: 27 Feb 2017

MUFG Union Bank has launched a new hybrid digital retail bank in the US, dubbed PurePoint Financial.. read more

First Trust Bank to downsize branch network

  • Published: 24 Feb 2017

First Trust Bank, part of the AIB Group, is set to shutter 15 branches across the north of Ireland in 2017 in response to customers’ increasing adoption of digital banking services.. read more

BBVA raises stake in Turkish bank Garanti

  • Published: 24 Feb 2017

Spanish banking group BBVA has acquired an additional 9.95% stake in Turkey’s Garanti Bank from Dogus Holding in an €859m deal.. read more

UK digital lender Monzo raises further £19.5m to support growth

  • Published: 24 Feb 2017

Monzo, a mobile-only bank based in the UK, has raised an additional £19.5m from a range of investors.. read more

Whitney Bank receives regulatory nod for acquisition of nine First NBC Bank branches

  • Published: 22 Feb 2017

Whitney Bank, the banking subsidiary of Hancock Holding Company, has obtained regulatory approval to acquire nine branches and about $1.3bn in loans from First NBC Bank, a banking unit of First NBC Bank Holding Company.. read more

Grameen America, Citi and MasterCard to unveil digital finance platform

  • Published: 22 Feb 2017

Grameen America, a microfinance organisation, has partnered with Citi and MasterCard to roll out a range of fintech solutions to promote digital financial access and inclusion for over 86,000 low-income women entrepreneurs across the US.. read more

TSYS, International Bank of Qatar ink payments agreement

  • Published: 22 Feb 2017

TSYS, a US-based credit card processor, has inked a licensing agreement with International Bank of Qatar (ibq) whereby the bank will leverage TSYS' PRIME payment solutions platform.. read more

RBS to abandon Williams & Glyn spin-off

  • Published: 21 Feb 2017

Royal Bank of Scotland (RBS) has announced that it could scrap the sale of Williams & Glyn (W&G) division after an agreement was reached between the HM Treasury and the European Commission (EC).. read more

Ant Financial to invest $200m in South Korea’s Kakao Pay

  • Published: 21 Feb 2017

Ant Financial, the payment affiliate of Chinese e-commerce giant Alibaba Group, will invest $200m in Kakao Pay, the mobile finance subsidiary of South Korean messaging platform Kakao.. read more

ADGM, Central Bank of Jordan sign accord to improve banking & financial supervision

  • Published: 21 Feb 2017

Abu Dhabi Global Market (ADGM) and the Central Bank of Jordan (CBJ) have inked a memorandum of understanding (MoU) to strengthen cross-border collaboration in their financial markets.. read more

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