MONETA Money Bank has reached a framework agreement for acquiring Air Bank, Home Credit’s Czech and Slovak businesses and Benxy (collectively Air Bank Group) for $1.2bn (CZK25.9bn), with an aim…
Commerzbank has struck an agreement with employee representatives on a retrenchment exercise that will affect…
Tennessee’s First Citizens National Bank is turning to technology firm Diebold Nixdorf for cloud-enabled self-service options in all 26 of…
Chime may have made a name for itself as one of the world's leading neobanks, but now it will have to call itself something else. The fintech unicorn has agreed…
After posting a strong first quarter result, Italian retail banking company Banco BPM is looking to fast-track disposal of bad loan ahead of finalising a merger deal. The lender has…
US bank Citigroup is looking into the possibility of providing cryptocurreny-related services as demand for digital assets continues to grow. The Wall Street bank says bitcoin, in particular, is at…
PayPal-backed Tink has joined forces with paytech Tribe have joined forces on open banking technology. The tie-up allows the integration of Tribe’s issuer and acquirer services with Tink’s payment initiation services…
Stockholm-based lender Swedbank has been fined $5.5m (SEK46.6m) for weak anti-money laundering (AML) controls. The failings cover the period between December 2016 and February 2019. Nasdaq Stockholm's disciplinary committee said that…
UK-based banking-as-a-Service (BaaS) platform Railsbank has forged a strategic partnership with fintech firm Plaid to help its customers accept bank payments within their app or website. This will be done…
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