AXA closes €691m Belgian banking deal with Crelan Bank
French insurance giant AXA has completed the divestiture of its Belgian banking operations to Crelan Bank for a total consideration…
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EC fines five banks €344m for participating in forex spot trading cartel
The European Commission has imposed a fine of €344m on Barclays, NatWest (RBS), UBS, HSBC, and Credit Suisse for participating…
KBC to buy Raiffeisen Bank International’s Bulgarian business for €1bn
Belgium-based KBC Bank has agreed to purchase the Bulgarian operations of Austria-based Raiffeisen Bank International (RBI) for approximately €1bn in…
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European Commission mulling tighter regulations for non-EU bank branches
The European Commission is reportedly planning put new rules in place to tighten its grip on branches of foreign lenders.…
Belgian digital bank NewB partners OneSpan to combat fraud
Belgian neobank NewB has turned to security solutions provider OneSpan to safeguard its digital channels. The digital-only bank has implemented OneSpan…
SWIFT introduces payment pre-validation service for banks
SWIFT has introduced a new payment pre-validation service for banks in a bid to reduce delays in cross-border payments. The…
Belfius Bank taps OneSpan to combat mobile banking fraud
Belfius Bank in Belgium has partnered with OneSpan to protect its customers from cybercrime and mobile banking frauds. The lender…
ING makes additional investment in fintech startup Flowcast
The venture capital arm of Dutch multinational lender ING has agreed to invest an additional $3m in fintech start-up Flowcast.…