All articles by Verdict Staff
Verdict Staff
KeyCorp-First Niagara merger deal secures Fed approval
KeyCorps acquisition of Buffalo, New York-based First Niagara Financial Group has secured the go-ahead from the Federal Reserve.
UniCredit offloads minority stakes in Bank Pekao and FinecoBank
UniCredit has sold minority stakes in its Polish arm Bank Pekao and its online bank FinecoBank, as part of its strategy to boost capital under new CEO Jean-Pierre Mustier.
IDFC Bank takes over Grama Vidiyal Micro Finance
Indian private sector lender IDFC Bank has snapped up 100% of microfinance firm Grama Vidiyal Micro Finance for an undisclosed sum.
Mobeewave partners with NXP to bring in-person money collection to OEMs globally
Canadian fintech firm Mobeewave has partnered with NXP Semiconductors to enable original equipment manufacturers (OEMs) to collect money from a contactless card or mobile wallet using a phone.
Lloyds Banking Group renews payments agreement with TSYS
Lloyds Banking Group has renewed its agreement with payment solutions provider TSYS to continue to process the banks UK commercial card portfolio.
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Nearly 30% of consumers worldwide have experienced card fraud
Nearly 30% of consumers across the world have been a victim of card fraud in the past five years, according to new global benchmark data from ACI Worldwide and Aite Group.
PostFinance, Lendico collaborate to offer crowdfunding in Switzerland
Swiss financial services provider PostFinance has joined forces with peer to peer lender Lendico to offer crowdfunding in Switzerland.
KeyCorp to limit First Niagara acquisition-related job cuts to 250
KeyCorp has agreed to cap its banking layoffs related to First Niagara Financial Group acquisition to 250 in New York after constructive dialogue with US senator Charles Schumer and Congressman Brian Higgins.
UniCredit launches strategic review; to offload stake in FinecoBank
Italian banking group UniCredit has launched a strategic review of the bank under new CEO Jean-Pierre Mustier in a bid to boost capital and profitability.
Fintech platform EarnUp launches operations in US
Consumer-first fintech platform EarnUp has launched operations in the US after securing $3m in seed funding.