Capital Bank deploys Diebold Nixdorf VCP-Pro 7 software for ATM network
Jordanian financial institution Capital Bank has implemented Diebold Nixdorf’s VCP-Pro 7 software across its network of Microsoft Windows 11-powered ATMs. …
12 Dec 2025
Enova to acquire Grasshopper Bank for up to $369m
Enova International has entered into a definitive agreement to acquire Grasshopper Bancorp, including its wholly owned subsidiary Grasshopper Bank, for up to $369m in cash and stock deal. Established in…
11 Dec 2025
HSBC to pay $300m to settle French tax investigation –report
HSBC is set to pay around $300m to settle a French criminal investigation into its alleged involvement in the “Cum-Cum” tax scheme, reported Bloomberg, citing sources. The Cum-Cum tax scheme…
11 Dec 2025
WTW to acquire insurance broker Newfront for $1.3bn
Willis Towers Watson (WTW) has agreed to purchase the San Francisco, US-based broker Newfront for a total consideration of $1.3bn (£972.25m). The transaction aims to strengthen WTW’s position in the…
11 Dec 2025
Zigi to advance digital platform with Thought Machine’s Vault Core platform
Zigi, the digital innovation division of Banco Industrial, has adopted Thought Machine’s core banking platform, Vault Core. In collaboration with Thought Machine, Zigi introduced a solution that allows users to access…
10 Dec 2025
UniCredit initiates steps to exit Russia
Italy’s UniCredit has initiated steps to reduce its presence in Russia, with several senior executives leaving and shedding a significant portion of its leasing assets, according to a report of…
10 Dec 2025
Wells Fargo signals more job cuts and AI rollout in 2026 – report
Wells Fargo anticipates further reductions in its workforce and higher severance costs in the present fourth quarter, reported Reuters, citing CEO Charlie Scharf. Artificial intelligence (AI) is expected to significantly…