Romania
J C Flowers-owned First Bank to buy Bank Leumi Romania
First Bank, a lender-owned by the US-based private equity fund J C Flowers, has agreed to acquire Bank Leumi Romania…
Raiffeisen Bank chooses FICO for customer onboarding solution
Romania’s Raiffeisen Bank has decided to utilise FICO’s new customer onboarding technology to enhance its digital lending capabilities. Under the…
OTP Bank terminates Banca Romaneasca acquisition deal
Hungary’s OTP Bank has terminated the agreement to acquire Romanian lender Banca Romaneasca (BROM) from the National Bank of Greece…
Banca Transilvania acquires Eurobank’s Romanian unit
Romania’s Banca Transilvania has completed the transaction to acquire 99.15% shares of Bancpost owned by Greece’s Eurobank Group. As a…
Banca Transilvania, Personetics partner to provide AI-powered banking
Romanian bank Banca Transilvania has partnered with cognitive banking applications provider Personetics to offer AI-powered personalised financial guidance to its…
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Card fraud losses in 19 European nations reach record €1.8bn in 2016
Total card fraud losses for 19 European countries has reached approximately €1.8bn ($2bn) in 2016, according to a report by…