In its full-year financial results Virgin Money has disclosed a 77% drop in profit, partly due to £501m ($658m) set aside to cover potential bad loans. The Edinburgh-based bank’s total...
Retail Banker International lists the top five terms tweeted by Covid-19 Banking & Payments Influencers in October 2020, based on…
The Covid-19 pandemic is thrusting Japanese banks deeper into the digital age with the revamping of branch outlets and the planned disappearance of bank tellers.…
Mongolia-based universal bank XacBank has selected Infosys as its technology partner to power its digital transformation. XacBank has selected Infosys Finacle, part of EdgeVerve Systems,…
The Qatar Financial Centre Regulatory Authority (QFCRA) has commenced legal action in New York against First Abu Dhabi Bank (FAB)…
The China Banking and Insurance Regulatory Commission (CBIRC) has allowed the troubled Chinese commercial lender Baoshang Bank to file for…
London-based buy now, pay later (BNPL) fintech startup Zilch has received consumer lending license from the UK Financial Conduct Authority…
Oportun Financial Corporation (OFC) has applied for a national bank charter in the US with banking watchdog the Office of…
Banks have woken up to the reality that customers are slipping away thanks to services such as currency exchange, wealth, and budgeting tools, with the only remedy now to compete…
The Swansea Building Society has launched a Medical Professional Mortgage (MedPro). The new offering may be supportive to some but will be considered as unfair, preferential treatment by others, as…
Retail Banker International lists the top five terms tweeted on fintech in September 2020, based on data from GlobalData’s Influencer Platform. The top tweeted terms are the trending industry discussions…
Mambu has been selected by DigiBankASIA as the technology foundation of its new South East Asia focused digital bank UNO. The new full-service digital bank UNO will…
French multinational Thales Group has been working in the United Arab Emirates for more than 40 years. The company, which has operations in 68 countries,…
French multinational Thales Group has been working in the United Arab Emirates for more than 40 years. The company, which…
Leumi UK has tapped Finastra to modernise its core banking systems in line with its new IT strategy. The move…
It’s often said that the sequel is never as good as the first cult hit, and while that’s often true…
German cloud banking platform Mambu has partnered with Canadian digital banking solutions provider Alchemy. Under this partnership, the companies will…
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Regulatory changes halt Ant Group’s IPO, leave state-backed banks rejoicing
Initially anticipated to take place approximately two years ago, Ant Group’s initial public offering (IPO) has suffered another setback as its dual listing on the Shanghai and Hong Kong stock…