Core banking platform Tuum raises €15m
Estonian core banking platform Tuum has raised €15m in a Series A funding round led by Portage Ventures. Existing investors…
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US consumer regulator ramps up efforts to curb junk fees
The US Consumer Financial Protection Bureau (CFPB) is ramping up scrutiny of banks and financial services firms to curb ‘exploitative…
Hazel to merge with Even and ONE to launch financial services super app
Independent fintech Hazel has signed a definitive agreement to acquire fintech platforms Even and ONE for an undisclosed sum. Even is a…
Al Rajhi Bank Malaysia taps Thought Machine to launch Islamic digital lender
Al Rajhi Bank Malaysia (ARBM) has selected Thought Machine to power its upcoming digital bank and bolster its position as…
BNI to buy majority stake in Bank Mayora to enter digital banking space
Indonesian government-backed lender Bank Negara Indonesia (BNI) is planning to buy a 63.92% stake in Bank Mayora, DeelStreestAsia has reported. The acquisition…
UniCredit likely to give up Otkritie Bank takeover plans
Italian banking major UniCredit will abandon its plans to buy Russian lender Otkritie Bank, Reuters reported citing people familiar with the matter.…
JPMorgan merges major EU units under one entity
US banking giant JPMorgan is consolidating most of its European Union businesses into one legal German entity, known as JP Morgan SE…
13th Annual RBI Asia Trailblazer Awards 2022: Entries Open
Submit entries for the 2022 Asia Trailblazer Awards by 3 March 2022
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