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CVB Financial to merge Valley Commerce Bancorp in cash and stock deal CVB Financial (CVBF) has entered into an agreement to acquire Valley Commerce Bancorp in a cash and stock deal. Banking Services > Retail Banking > News
HyperPay partners with ACI Worldwide to expand in Middle East and North Africa By BBR Staff Writer
ACI Worldwide has announced that HyperPay, a Payment Service Provider (PSP), is utilizing ACI’s UP eCommerce Payments solution to drive growth in the burgeoning Middle East-North Africa region.
Banking Services > Payments > News Budapest Bank chooses SIA for payment cards management By BBR Staff Writer
Budapest Bank has selected SIA, a company specializing in the management of electronic payments, to create and implement a new payment cards management system.
Banking Services > Cards > News UniCredit to deploy Accenture’s payments-processing platform By BBR Staff Writer
Accenture has announced a multi-year contract with UniCredit Business Integrated Solutions, the global service company of UniCredit, to implement a state-of-the-art Payments-Platform-as-a-Service (PPaaS) solution.
Banking Services > Retail Banking > News
Walmart selects ChaseNet to process payments By BBR Staff Writer
Chase announced that it has expanded its relationship with Walmart to process payments on ChaseNet, the bank's closed-loop network, at its 5,000+ Walmart and Sam’s Club locations in the US and at Sam’s Club ecommerce.
Banking Services > Payments > News Avidia Bank rolls out same-day ACH payment service By BBR Staff Writer
Avidia Bank and linked2pay, the technology platform provider of Avidia Pay, have announced that they have added same-day ACH payments with their platform.
Banking Services > Payments > News CVB Financial to merge Valley Commerce Bancorp in cash and stock deal By BBR Staff Writer
CVB Financial (CVBF) has entered into an agreement to acquire Valley Commerce Bancorp in a cash and stock deal.
Banking Services > Retail Banking > News

Latest News and Insight by Sector

Banking Services

HyperPay partners with ACI Worldwide to expand in Middle East and North Africa
By BBR Staff Writer
ACI Worldwide has announced that HyperPay, a Payment Service Provider (PSP), is utilizing ACI’s UP eCommerce Payments solution to drive growth in the burgeoning Middle East-North Africa region.
Banking Services > Payments > News
Budapest Bank chooses SIA for payment cards management
By BBR Staff Writer
Budapest Bank has selected SIA, a company specializing in the management of electronic payments, to create and implement a new payment cards management system.
Banking Services > Cards > News

Wealth & Assets Management

United Community Financial to acquire Ohio Legacy
By BBR Staff Writer
United Community Financial and Ohio Legacy have jointly announced that they have entered into a definitive agreement and plan of merger pursuant to which UCFC will acquire Ohio Legacy, parent of Premier Bank & Trust.
Wealth & Assets Management > Asset Management > News
Wells Fargo to acquire Analytic Investors
By BBR Staff Writer
Wells Fargo Asset Management and Analytic Investors announced that they have signed a definitive agreement for WFAM to acquire Analytic, an investment firm with $15bn in assets under management.
Wealth & Assets Management > Asset Management > News

Intermediaries

Bank of America Q2 profit falls 19%, led by low rates
By BBR Staff Writer
Bank of America has reported 19% decline in its net income for the second quarter of this year, as it continues to struggle with prolonged low interest rate period.
Banking Services > Retail Banking > News
Maybank Indonesia deploys Intellect’s treasury solutions for Indian operations
By BBR Staff Writer
Intellect Design Arena has announced that Bank Maybank Indonesia, one of the largest banks in Indonesia, has gone live with Intellect’s Integrated Treasury Management System (ITMS) – OneTREASURY for their Indian operations.
Intermediaries > ECN & Exchanges > News

Technology

Swift hires cybersecurity firms to check fraud
By BBR Staff Writer
Interbank messaging network Swift has hired expert cyber security firms BAE Systems and Fox-IT to probe security incidents within customer environments.
Banking Services > Payments > News
Russia’s central bank forms blockchain research consortium
By BBR Staff Writer
Russia’s central bank has formed a blockchain research consortium by partnering with some of the privately-owned banks in the country.
Banking Services > Retail Banking > News

Policies & Regulatory Compliance

New £5 polymer note enters circulation in UK
By BBR Staff Writer
The Bank of England (BoE) has issued its first polymer note, the new £5 featuring Sir Winston Churchill, as part of its move to shift from paper notes to plastic.
Banking Services > Retail Banking > News
UK competition watchdog unveils reforms for Open Banking
By BBR Staff Writer
UK competition watchdog has unveiled a package reforms to ensure that customers benefit from new technologies and smaller banks face fair competition.
Banking Services > Retail Banking > News

Risk Management

Blom Bank selects Wolters Kluwer for risk management solutions
By BBR Staff Writer
Blom Bank, a Lebanese bank, has chosen Wolters Kluwer’s OneSumX to provide it operational risk software solution.
Banking Services > Retail Banking > News
NetGuardians teams up with BehavioSec to offer fraud protection solutions
By BBR Staff Writer
Swiss-based NetGuardians and Sweden’s BehavioSec are joining forces to leverage their complementary technologies to provide complete fraud protection to financial institutions – and their clients – around the world.
Banking Services > Retail Banking > News