UniCredit’s Banco BPM bid gets clearance from EU Commission
UniCredit has announced that the European Commission will not initiate an in-depth investigation into its proposed acquisition of Banco BPM. …
09 Jun 2025
Flipkart receives lending licence from Reserve Bank of India
Walmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to provide loans directly to its customers and sellers. This development marks…
09 Jun 2025
BNP Paribas to shutter 200 branches in France by 2026
BNP Paribas is reportedly planning to reduce its network of retail branches in France as part of a strategy to enhance profitability. Its CEO Jean-Laurent Bonnafe confirmed that the bank…
06 Jun 2025
Needham Bank to acquire BankProv to expand market reach
NB Bancorp, the holding company for Needham Bank, has signed agreement to acquire Provident Bancorp, the holding company for BankProv, in a strategic stock and cash transaction. The merger will…
06 Jun 2025
CommBank concludes AWS data platform migration
The Commonwealth Bank of Australia (CommBank) has completed its data platform migration to Amazon Web Services (AWS) to enhance the integration with other bank channels. The move is aimed at facilitating…
06 Jun 2025
Experian and Plaid unite to improve credit decisioning for banks
Experian and Plaid have forged an alliance to enhance credit decisioning by integrating real-time cashflow data with credit analytics. This collaboration will support banks, credit unions, and consumer lenders, speeding…
05 Jun 2025
Ant International launches new AI platform for fintech sector
Ant International has introduced the new AI platform, Alipay+ GenAI Cockpit, to enhance financial services for fintech companies and super apps. This AI-as-a-Service (AIaaS) platform is designed to facilitate the…