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Amadeus partners with U.S. Bank to offer virtual cards for B2B payments

  • Published: 25 Apr 2017

U.S. Bank, a commercial bank card issuer, and Amadeus, a technology provider for the travel industry, have signed an agreement, whereby Amadeus will offer the bank's virtual payment technology to its travel agency subscribers in the US.. read more

National Bank of Cambodia, Soramitsu to co-develop blockchain project

  • Published: 24 Apr 2017

The National Bank of Cambodia has partnered with Japanese fintech startup Soramitsu to co-develop the open source distributed ledger (blockchain) project Hyperledger Iroha.. read more

Orange to launch mobile-only bank in July

  • Published: 24 Apr 2017

French telecom operator Orange is set to launch Orange Bank, its mobile-only bank in July this year, following a soft-launch with employees in mid-May.. read more

National Bank of Canada snaps up 22% stake in Myanmar’s ONGO

  • Published: 24 Apr 2017

The National Bank of Canada has agreed to acquire 22% of share in Myanmar’s mobile payments business ONGO for an undisclosed amount.. read more

Vantiv to offer card processing services to On Tap Credit Union

  • Published: 24 Apr 2017

US-based On Tap Credit Union has selected Vantiv, a credit card processor, as its payment partner for ATM, debit and credit card processing.. read more

Banks to launch Payconiq app in the Netherlands

  • Published: 21 Apr 2017

Six Dutch banks - ABN AMRO, ASN Bank, ING, Rabobank, Regiobank and SNS - are gearing up to introduce Payconiq mobile payment solution in the Netherlands this summer.. read more

ANZ to sell its Vietnam retail business unit to Shinhan Bank

  • Published: 21 Apr 2017

ANZ has agreed to divest its retail business in Vietnam to Shinhan Bank Vietnam, a part of South Korea-based Shinhan Financial Group.. read more

Au Financiers launches small finance banking operations

  • Published: 20 Apr 2017

India’s Au Financiers has launched its small finance banking operations in the country following the receipt of licence from the Reserve Bank.. read more

Revolut partners Trussle for mortgage broking services

  • Published: 20 Apr 2017

Challenger bank Revolut has joined forces with Trussle to offer mortgage broking services to its customers.. read more

SGX partners with Chinese bank to boost capital market ties between Singapore and China

  • Published: 18 Apr 2017

Singapore Exchange (SGX) has entered into a memorandum of understanding (MOU) with the Shanghai Pudong Development Bank (SPDB) to bolster capital market ties between Singapore and Shanghai.. read more

First Data to offer processing and acquiring services to TSB

  • Published: 12 Apr 2017

First Data, a provider of commerce-enabling technology and solutions, has been appointed by SABIS, the IT arm of Spain-based banking group Banco Sabadell, to offer processing and acquiring services across several TSB banking portfolios.. read more

First Financial Northwest Bank to expand footprint in Washington

  • Published: 12 Apr 2017

Washington-based First Financial Northwest Bank has agreed to acquire four banking branches in Snohomish and King Counties in Washington with $102m in deposits.. read more

Banking technology startup Meniga raises €7.5m in funding

  • Published: 10 Apr 2017

Digital banking solutions provider Meniga has raked in €7.5m in funding from a range of new investors.. read more

Lloyds to shutter 100 branches and slash 325 jobs

  • Published: 6 Apr 2017

British banking group Lloyds is set to close 100 branches as part of a three-year cost-cutting plan, which is expected to affect 325 jobs.. read more

JPMorgan backtracks on Brexit job cuts warning

  • Published: 6 Apr 2017

JPMorgan CEO Jamie Dimon has said the bank will not move many employees out of the UK in the next two years in the wake of Brexit.. read more

PwC: Incumbent firms fear fintech

  • Author: Patrick Brusnahan
  • Published: 6 Apr 2017

Six-in-ten UK financial firms believe that up to 40% of their revenue could be lost to standalone fintech firms. read more

Deutsche Bank launches contactless mobile payment service in Germany

  • Published: 6 Apr 2017

Deutsche Bank has introduced mobile payments in Germany through its Deutsche Bank Mobile app for Android device users enabled with Near Field Communication (NFC).. read more

Bank Mutual to sell five bank branches in Wisconsin

  • Published: 5 Apr 2017

Bank Mutual has agreed to sell five retail bank branches in Wisconsin, including $52.6m in deposits and $13.2m in loans, to another financial institution.. read more

South Korean digital lender K Bank launches operations

  • Published: 5 Apr 2017

K Bank, the first online-only bank in South Korea, has launched banking operations in the country.. read more

Wells Fargo, Finicity sign data sharing pact

  • Published: 5 Apr 2017

Wells Fargo has signed an agreement with financial data aggregator Finicity to share its customer information with the financial apps and services supported by Finicity via an application programming interface (API).. read more

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