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Latest News - Strategy

Abu Dhabi Global Market sets up fintech regulatory lab

  • Published: 2 Nov 2016

Abu Dhabi Global Market (ADGM), which is Abu Dhabi’s international financial centre, has launched a regulatory laboratory (RegLab) to support innovation in the financial technology space.. read more

TD Bank launches online education portal

  • Author: Patrick Brusnahan
  • Published: 1 Nov 2016

TD Bank, in partnership with education technology company EverFi, has launched the TD Bank Learning Centre, an online portal for financial education.. read more

UniCredit concludes Ukrsotsbank sale to ABH Holdings

  • Published: 1 Nov 2016

Italian banking group UniCredit has completed the sale of a 99.9% stake in Ukraine’s Ukrsotsbank to ABH Holdings (ABHH).. read more

Ant Financial makes strategic investment in Ascend Money

  • Published: 1 Nov 2016

Ant Financial, the financial services affiliate of Alibaba Group, has agreed to make a strategic investment in Ascend Money, the online-payments arm of Thai conglomerate Charoen Pokphand Group.. read more

HSBC establishes new R&D lab for fintech in Hong Kong

  • Published: 1 Nov 2016

HSBC has launched a research and development innovation laboratory (RDI Lab) in Hong Kong in collaboration with the Hong Kong Applied Science and Technology Research Institute (ASTRI) to support innovation in the financial technology space.. read more

Chinese payment platform Alipay enters into agreement with Commonwealth Bank

  • Published: 31 Oct 2016

Alipay, a Chinese online payment platform run by Alibaba spin-out Ant Financial, has entered into an agreement with Commonwealth Bank of Australia to provide payment solutions for Australian and Chinese consumers and retailers.. read more

Former Barclays CEO launches fintech business

  • Published: 31 Oct 2016

Antony Jenkins, the former CEO of British banking group Barclays, has launched a new fintech business, named 10x Future Technologies.. read more

DBS Bank to snap up ANZ's operations in five Asian markets

  • Published: 31 Oct 2016

DBS Bank has agreed to buy Australia and New Zealand Banking Group's (ANZ) retail banking and wealth management business in five Asian markets for nearly SGD110m.. read more

ABN Amro, TU Delft partner to develop blockchain applications

  • Published: 28 Oct 2016

Dutch banking group ABN Amro has joined forces with Dutch university TU Delft to develop complex blockchain applications.. read more

The expansion of the prepaid footprint and digital innovations In Europe

  • Published: 28 Oct 2016

One day, four sessions, and multiple keynote speakers from leading Italian and European companies, have outlined the situation regarding the state of the art prepaid market and its future prospects. read more

Canada regulator launches fintech innovation hub

  • Published: 26 Oct 2016

The Ontario Securities Commission (OSC) has launched a financial technology (fintech) innovation hub and regulatory sandbox to support fintech businesses.. read more

CYBG confirms Williams & Glyn acquisition talks

  • Published: 26 Oct 2016

CYBG, the holding company created after the NAB demerger, has confirmed that it is in discussions with the Royal Bank of Scotland (RBS) to acquire the latter’s Williams & Glyn business.. read more

Monte dei Paschi to shed 2,600 jobs and close 500 branches

  • Published: 25 Oct 2016

Troubled Italian bank Banca Monte dei Paschi di Siena has announced plans to axe 2,600 jobs, shut down 500 branches, and sell business units to boost profitability.. read more

Singapore, South Korea regulators sign fintech agreement

  • Published: 25 Oct 2016

The Monetary Authority of Singapore (MAS) has signed an agreement with the Korean Financial Services Commission to expand collaboration in the development of financial technology (fintech) services.. read more

Mizuho Financial Group to set up innovation lab

  • Published: 24 Oct 2016

Japan's Mizuho Financial Group has announced plans to launch an innovation lab to facilitate fintech innovation.. read more

BNP Paribas and Credit Mutuel to merge their digital wallets

  • Published: 21 Oct 2016

A pair of digital wallets backed by French banking groups BNP Paribas and Credit Mutuel are set to merge into a unified platform.. read more

FirstRand Bank to close retail and SME lending operations in India

  • Published: 21 Oct 2016

South African lender FirstRand Bank is set to shut down its retail and small and medium enterprises (SME) lending business in India.. read more

Societe Generale sets up new technology hub

  • Published: 21 Oct 2016

French banking group Societe Generale has launched a technology, dubbed The Dunes , to support its digital transformation.. read more

UniCredit confirms talks with PZU for stake sale in Bank Pekao

  • Published: 18 Oct 2016

Italian banking group UniCredit has confirmed that it is in negotiations with Polish insurer PZU and state fund Polski Fundusz Rozwoju on the stake sale in its Polish subsidiary Bank Pekao.. read more

Yes Bank partners Lastmile.mobi to launch IRIS and EMV ready payment platform

  • Published: 18 Oct 2016

Indian private sector lender Yes Bank has partnered with Lastmile.mobi to introduce the IRIS and EMV ready PoS (Point-of-Sale) terminal solution.. read more

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