Fintech firm FIS has partnered with crypto investment firm NYDIG to enable US banking customers access bitcoin services through their existing accounts. This marks another development in mainstream bitcoin adoption,…
Tel Aviv-based Bank Leumi Le-Israel is reportedly weighing a divestiture of its US banking unit. The…
Farmers & Merchants Bancorp has agreed to acquire Perpetual Federal Savings Bank (PFSB) in a stock and cash deal. Based…
Metro Bank has extended its partnership with Backbase in a bid to focus on digital innovation for its business banking…
Fincare Small Finance Bank in India has received $25m from India Business Excellence Fund – III managed by Motilal Oswal…
Farmers & Merchants Bancorp has agreed to acquire Perpetual Federal Savings Bank (PFSB) in a stock and cash deal. Based…
Metro Bank has extended its partnership with Backbase in a bid to focus on digital innovation for its business banking customers. By leveraging Backbase's cloud solution, the bank hopes to…
Fincare Small Finance Bank in India has received $25m from India Business Excellence Fund – III managed by Motilal Oswal Private Equity (MOPE). With the investment, the Fund gets a…
I&M Holdings, a banking group in Kenya, has acquired 90% share in Orient Bank for an undisclosed amount. I&M purchased the bank from 8 miles and Morka Holdings. The acquisition…
The Monetary Authority of Singapore (MAS) has announced new funding to fuel technology adoption in the financial sector. The central bank of the country will invest S$42m ($31.5m) in a…
Standard Chartered intends to halve its branch network worldwide to 400 in order to address the impact of the Covid-19 crisis. The British lender also plans to reduce its office space…
Russian internet company Yandex has signed an agreement to acquire 100% stake in Acropol Bank. As agreed, Yandex will pay around RUB1.1bn ($14.7m) as consideration. Acropol is a mid-sized bank.…
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