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Banking Services

Spanish bank Santander acquires rival Banco Popular Spanish banking group Banco Santander has acquired rival Banco Popular through a successful bid in an auction held by the Single Resolution Board and Fund for Orderly Bank Restructuring (FROB). Banking Services > Retail Banking > News

Latest Banking Services News by Sector

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Retail Banking

Scotiabank partners with NXTP Labs to access fintech start-ups in Latin America
Scotiabank has partnered with NXTP Labs, at the Fintech Conference 2017 in Bogotá, Colombia.
News
OCBC Bank and StarHub form Singapore’s first bank-telco strategic partnership
OCBC Bank and StarHub have formed Singapore’s first bank-telco strategic partnership to drive the country's collaborative economy.
Banking Services > Retail Banking > News

Commercial Banking

MutualFirst Financial, Universal Bancorp enter into merger agreement
MutualFirst Financial and Universal Bancorp have entered into a definitive agreement under which Universal will be merged into MutualFirst, with MutualFirst being the surviving entity.
Banking Services > Commercial Banking > News
IndusInd Bank, BFIL sign exclusivity agreement for merger talks
By BBR Staff Writer
India-based IndusInd Bank has signed an exclusivity agreement with Bharat Financial Inclusion Limited (BFIL) to carry out discussions for a potential merger of both entities.
Banking Services > Retail Banking > News

Online Banking

IBM introduces new blockchain banking solution for financial institutions
By BBR Staff Writer
IBM has introduced new blockchain banking solution for financial institutions to enhance the processes of global cross-border payments.
Banking Services > Online Banking > News
Intel launches new Saffron AML tool to detect financial crime
By BBR Staff Writer
Intel has introduced new Saffron anti-money laundering (AML) tool for financial services institutions to detect financial crime.
Banking Services > Online Banking > News

Cards

SolarisBank selects SIA to introduce contactless payment cards in Germany
solarisBank has partnered with electronic payments specialist firm SIA to introduce new contactless debit cards and enhance its electronic payment solutions in Germany.
Banking Services > Payments > News
UK tribunal dismisses £14bn class-action lawsuit against Mastercard
The UK Competition Appeal Tribunal (CAT) has dismissed a £14bn class-action lawsuit against the US-based financial services company Mastercard.
Banking Services > Cards > News

Payments

JPMorgan Chase to buy US payments company WePay
By BBR Staff Writer
Financial services firm JPMorgan Chase has agreed to acquire US-based payments company WePay.
Banking Services > Payments > News
BofA Merrill introduces new Multicurrency Netting solution
By BBR Staff Writer
Bank of America Merrill Lynch (BofA Merrill) has introduced new Multicurrency Netting solution, which will help clients to reduce costs.
Banking Services > Payments > News