Deutsche Bank may slash up to 450 retail banking job in Germany
German banking major Deutsche Bank is planning to retrench between 400 to 450 employees in first round of branch closures…
TD Bank to shut 82 retail branches in US as customers switch to digital banking
Toronto-Dominion Bank (TD Bank) is set to shutter 82 retail branches across the US as the Covid-19 pandemic accelerated customer’s migration toward digital and mobile banking platforms. The Canadian banking…
26 Feb 2021
Atom Bank to raise fresh capital ahead of potential IPO next year
British app-based Atom Bank has unveiled plans to raise £40m ($56m) from existing shareholders ahead of potential IPO next year. The bid to raise fresh capital comes close on the…
26 Feb 2021
Travel app Traveloka plans to offer financial services in Thailand, Vietnam
Indonesian travel app Traveloka is reportedly looking to roll out financial services in Thailand and Vietnam ahead of its US listing via a blank-cheque company. In an interview to Reuters,…
25 Feb 2021
European banks plan to build local rival to Master and Visa by 2025
European banks are working on plans to establish a pan-European payment network by 2025 to challenge the dominance of Mastercard and Visa in the eurozone. The European Payments Initiative (EPI),…
25 Feb 2021
Australian neobank 86 400 beefs up security with BioCatch
Australian digital bank 86 400 has partnered with behavioural biometrics company BioCatch to enhance security and prevent fraud. The digital bank has integrated BioCatch's new tool that uses machine learning…
25 Feb 2021
First National Bankers Bank taps KlariVis for data analytic platform
US-based First National Bankers Bank (FNBB) has partnered with KlariVis to deliver cloud-based data analytics platform. The technology vendor said that its actionable data will offer the bank timely insights…
24 Feb 2021