International Finance Corp (IFC) has made an investment of $127m in Indian private-sector lender Federal Bank. The investment provides IFC and two investment funds managed by IFC Asset Management Company…
UniCredit said that it will begin exclusive discussions to acquire parts of Banca Monte dei…
US-based blockchain technology company Figure Technologies has secured $200m in its oversubscribed Series D funding round. The latest fundraising values…
The Monetary Authority of Singapore (MAS) has removed previous restrictions on dividend payments by locally incorporated banks and finance companies.…
SaaS banking platform Mambu has introduced a digital solution for SME lenders in a bid to streamline time to market…
British regtech TruNarrative has partnered with ieDigital to provide customer onboarding and monitoring technology to banks and mutual societies. The…
Banking-as-a-Service (BaaS) platform Solarisbank has raised $224m (€190m) in an oversubscribed Series D funding round. The move increases its valuation to €1.4bn. Separately, Solarisbank announced the acquisition of a smaller…
M&T Bank is slashing 747 Connecticut jobs at People’s United Bank, or 13.3% of its workforce, as part of a merger between the two entities. In February this year, New…
Bank of Canada (BoC) is reportedly planning to allow most of its employees to work remotely 50% of the time every two weeks in post pandemic world. The bank is…
Slovakia’s 365.bank has entered into a partnership with Backbase and Mambu to support its digital transformation. Under the collaboration, 365.bank will leverage Backbase and Mambu technological capabilities to transform from…
Southeast Asian mobile on-demand services and payments platform Gojek have joined forces with Indonesia-listed Bank Jago. The partnership follows Gojek’s investment in Bank Jago last year. In the first phase…
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