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Latest News - Strategy

Starling Bank launches payment services unit

  • Published: 8 May 2017

Starling Bank, a mobile-only challenger bank in the UK, has launched a payment services unit to give firms instant access to the country’s payment systems.. read more

Standard Chartered picks Frankfurt as European hub

  • Published: 5 May 2017

British banking major Standard Chartered has revealed plans to make Frankfurt its European base to cope with the disruption after Brexit.. read more

UK to merge three retail payment systems operators

  • Published: 5 May 2017

A group set up by the Payment Systems Regulator (PSR) and Bank of England has recommended that the operators of three payment systems - Bacs Payment Schemes, Cheque and Credit Clearing Company and the Faster Payments Scheme - be merged into a single entity to boost competition in the payments and banking industry.. read more

Visa to enable financial institutions to improve digital card experiences for clients

  • Published: 5 May 2017

Visa is set to introduce new capabilities that will help financial institutions to provide enhanced digital card management experiences to their customers.. read more

First Bancorp to acquire ASB Bancorp for $175m

  • Published: 4 May 2017

First Bancorp, the parent of First Bank, has agreed to take over North Carolina-based ASB Bancorp for nearly $175m.. read more

BNP Paribas inks global partnership with Snap

  • Published: 4 May 2017

French banking group BNP Paribas has partnered with American social media firm Snap, the parent of video sharing platform Snapchat, to bolster its presence among millennial generation.. read more

China’s HNA becomes largest stakeholder in Deutsche Bank

  • Published: 4 May 2017

Chinese conglomerate HNA Group has raised its stake in German banking giant Deutsche Bank to 9.9%, becoming the lender’s biggest shareholder.. read more

Standard Chartered, Transguard partner for new cash management solution

  • Published: 3 May 2017

Standard Chartered Bank has partnered with Transguard Group, a UAE-based business support provider, to offer a new cash management solution to its corporate clients.. read more

Barclays opens Rise innovation hub in London

  • Published: 3 May 2017

Barclays has opened its flagship innovation site known as Rise in Shoreditch, London, to support innovation in the fintech space.. read more

Ecobank Nigeria to shut 74 branches

  • Published: 2 May 2017

Ecobank Nigeria has shut 74 of its branches as part of its agenda to shift its banking activities to digital channels.. read more

SoftBank to invest $1.4bn in Paytm

  • Published: 2 May 2017

Japan-based SoftBank is set to invest nearly $1.4bn in Paytm, an India-based mobile payments and commerce company.. read more

HSBC adds Apple Pay support for its Visa and MasterCard cardholders in Australia

  • Published: 2 May 2017

HSBC Australia has added Apple Pay support for its Visa and MasterCard credit cardholders thereby enabling them to transact mobile payments through their Apple devices.. read more

JPMorgan Chase exits R3 blockchain consortium

  • Published: 1 May 2017

JPMorgan Chase has formally parted ways from the distributed ledger technology firm R3 as the blockchain firm proceeds with its fundraising plan.. read more

Mashreq Bank taps OT's instant card issuance platform

  • Published: 1 May 2017

Dubai-based Mashreq Bank has chosen Oberthur Technologies' (OT's) Instant Card Issuance platform to quickly issue cards to its customers.. read more

TowneBank to snap up Paragon Commercial for $323.7m

  • Published: 28 Apr 2017

Virginia-based TowneBank has agreed to acquire North Carolina-based Paragon Commercial, the parent of Paragon Commercial Bank, for $323.7m.. read more

Ten banks join Ripple global payments network

  • Published: 27 Apr 2017

Blockchain payments company Ripple has announced that it has signed 10 new banks to its global payments network.. read more

Metro Bank records 33% growth in Q1

  • Author: Patrick Brusnahan
  • Published: 26 Apr 2017

In its first quarterly report of 2017, Metro Bank recorded 33% growth in underlying profit before tax, hitting £2m ($2.56m) from £1.5m at the end of 2016. read more

Accenture, DFKI collaborate on artificial intelligence

  • Published: 26 Apr 2017

Accenture has formed an alliance with the German Research Centre for Artificial Intelligence (DFKI) to help organisations benefit from artificial intelligence (AI) technologies.. read more

IBM, National University of Singapore partner to promote blockchain training

  • Published: 26 Apr 2017

The IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, has teamed up with the National University of Singapore (NUS) School of Computing to develop a module on financial technology.. read more

Credit Agricole in negotiations to acquire three Italian savings banks

  • Published: 26 Apr 2017

Credit Agricole Cariparma, the Italian retail banking arm of Credit Agricole, is in preliminary talks with the Bank of Italy and the Interbank Deposit Protection Fund (FITD) to acquire three local savings banks- Cesena, Rimini and San Miniato.. read more

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