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Ally Financial has announced the sale of its credit card business to CardWorks, including its wholly-owned subsidiary Merrick Bank.
acquisition, credit card, banks, transactions , regulation
HSBC, a personal and online banking provider, has closed Zing, its international money app focused on cross-border solutions, a year after its launch.
banks, online banking, fintech, cross-border payments, financial services
Toronto-Dominion Bank has reportedly decided to sell approximately USD 9 billion in residential mortgage loans to adjust its balance sheet in line with new restrictions.
banks, financial services, AML, lending
Swiss-based provider of BaaS, Hypothekarbank Lenzburg AG, has acquired a 9.9% stake in Sutor Bank GmbH.
banks, acquisition, BaaS, partnership, banking
Plumery, a digital banking experience platform for customer-centric banking, has launched Digital Lending, a fully end-to-end digital loan origination journey.
financial services, banks, financial institutions, customer experience, lending
In a competitive financial services market driven by agile players, Jesper Domargård, Marketing Director at CompoSecure, shares how banks can stay relevant and maintain strong customer relationships.
payment processing, banks, fintech, debit card, credit card, customer experience
Dubai Islamic Bank (DIB) has increased its stake in Türkiye’s TOM Group, a financial services conglomerate, from 20% to 25%.
banks, Islamic banking, financial services, growth markets, acquisition
UK-based Standard Chartered has launched SC PrismFX, a cross-currency transactional foreign exchange (FX) solutions suite.
FX , product launch, banks, financial institutions
Mashreq, a financial institution in the MENA region, has expanded to Oman to introduce a suite of banking services and support the country’s Vision 2040.
artificial intelligence, sustainability , banks, financial services, digital banking
The ECB, together with the Riksbank and Danmarks Nationalbank, have been focusing on an initiative that facilitates instant payments between currencies.
digital banking, instant payments, financial services, banks, online banking
Banco Bradesco has partnered with Cielo to begin pilot testing for Pix functionality via proximity, according to Money Times.
PIX, contactless payments, banks, fintech, partnership
Commonwealth Bank has urged the Reserve Bank of Australia (RBA) to prohibit all surcharges applied to debit and credit card payments.
payments , banks, financial institutions, regulation
UnionDigital Bank, the digital banking arm of Union Bank of the Philippines, has partnered with JuanHand, a fintech lending platform, to broaden access to credit for underserved communities across the Philippines.
banks, partnership, digital banking, fintech, financial services
Switzerland-based crypto bank AMINA has removed custody fees for Stablecoin Rewards Account clients holding USDC in both hot and cold stages, with EURC set to be added in the near future.
banks, digital assets, cryptocurrency, stablecoin, crypto
10x Banking has partnered with DLT Apps, a provider of data migration solutions, to leverage AI and improve the banking industry's digital transformation efforts.
artificial intelligence, banks, financial institutions
Vietnam and Laos have launched a new cross-border QR payment service as part of efforts to strengthen tourism and economic collaboration between the two nations.
partnership, QR payments, payments , product launch, banks
European neobank bunq has announced its expanded collaboration with Mastercard to introduce a range of tailored benefits and discounted tools for its SME users across Europe.
banks, partnership, SMEs, credit card, neobanks
Unicaja and Fiserv have announced a strategic partnership aimed at developing advanced payment and ecommerce solutions.
partnership, banks, ecommerce, payments
NYDFS has partnered with the Bank of England on a Transatlantic Regulatory Exchange (TRE) programme to strengthen oversight of digital assets and emerging payments.
banks, regulation, cryptocurrency, crypto, digital assets
Romania-based CEC Bank has selected Temenos to improve its retail and corporate core banking payments.
A2A payments, payments , partnership, banks, data analytics