FIS, Visa, Deepen Payments Union

FIS (NYSE: FIS) is expanding its partnership with Visa to arm financial institutions with turnkey access to new payments capabilities. Regional and community banks that join FIS’ technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers, and… Read More

TBC Bank Group Acquires Majority Stake in BILLZ to Expand SME Reach in Uzbekistan

London-listed TBC Bank Group PLC has entered into a definitive agreement to acquire a majority stake in BILLZ, a retail management software-as-a-service (SaaS) platform in Uzbekistan, according to an announcement. The acquisition is a landmark transaction that strengthens its position in Central Asia’s digital financial… Read More

BNP Paribas Expands Securities Services Activity via Acquisition of HSBC’s Custody Unit in Germany

BNP Paribas announces that its Securities Services business, a global custodian with EUR 14.3 trillion in assets under custody1, has entered an agreement with HSBC for the acquisition of the custody and depositary bank business of HSBC Continental Europe S.A., Germany, “subject to regulatory approvals.”… Read More

payabl. and ClearBank to Streamline UK Payments Services

European financial technology provider payabl. has partnered with ClearBank, an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses. Through this collaboration, payabl. now provides “businesses with seamless access to all major UK payment schemes –… Read More

European Banking Platform CaixaBank Issues $3B in First Triple-Tranche Transaction in US Market

CaixaBank has completed its first triple-tranche debt issuance in U.S. dollars in the American market, marking the bank’s fourth visit to the U.S. capital markets. The first tranche was a 11-year senior non-preferred bond “amounting to USD 1 billion, with an early redemption option in… Read More

Australia’s CommBank Leverages AI-enhanced Intelligence to “Outsmart” Scammers

Commonwealth Bank of Australia (CommBank) unveiled a new weapon in the fight against scams: a fleet of thousands of AI-powered bot profiles, deployed by Apate.ai – a cyber-intelligence firm and spin-out from Macquarie University. These AI-bots are engineered to engage scammers, gather critical intelligence and… Read More

Cross-Border Payments Ecosystem Continues to Mature with Shifting Consumer Demands : Thunes

A new Money Without Borders report from Thunes, the so-called Smart Superhighway to move money around the world, highlights how evolving consumer demands, especially among diaspora communities, are reshaping the future of cross-border payments. The findings indicate the significant “potential of emerging technology such as… Read More

CAIS Introduces BlackRock, Carlyle, Franklin Templeton, KKR Model Portfolios

CAIS, the alternative investment platform for financial advisors, today announced the first in a growing series of investment models—developed by BlackRock, Carlyle, Franklin Templeton, and KKR—onto the CAIS Models Marketplace. As recently announced, advisors can now “leverage single-click model allocations across private and registered funds, for… Read More

Digital Bank Revolut Announces Acquisition of Argentina’s Banco Cetelem

Digital bank Revolut has announced its acquisition of Banco Cetelem Argentina, a modest local lender owned by French banking giant BNP Paribas. This deal marks Revolut’s entry into Argentina, South America’s second-largest economy, and underscores its strategy to penetrate emerging markets. The acquisition, reported by… Read More

PayPal and Venmo Introduced By Taco Bell as In-App Payments Options

PayPal (NASDAQ: PYPL) announced it has teamed up with Taco Bell to deliver a fast, secure, and deliciously rewarding way to pay in the Taco Bell app and website. Now, Taco Bell customers can choose to pay with PayPal or Venmo, giving them “more choice… Read More

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