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Banking Services

Barclays reaches split deal with African subsidiary Barclays has agreed to pay Barclays Africa nearly $1bn to fund investments required for it to split from its African business. Banking Services > Retail Banking > News

Latest Banking Services News by Sector

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Retail Banking

Home BancShares to merge Stonegate Bank
Home BancShares has entered into an agreement to acquire Florida-based Stonegate Bank in a deal worth $749.8m.
Banking Services > Retail Banking > News
Creamfinance secures €21m funding from Capitech Bank
European fintech, Creamfinance has closed a €21m funding in Series B financing from Capitec Bank.
Banking Services > Retail Banking > News

Commercial Banking

Kenya's Sidian Bank taps IBM Cloud in new digital drive
Kenya-based Sidian Bank has selected IBM Cloud and Cognitive solutions to speed up its digital transformation.
Banking Services > Commercial Banking > News
Wells Fargo to integrate international business into wholesale banking
Wells Fargo has announced that it will integrate its international banking business into wholesale banking unit, as part of its efforts to simplify operations.
Banking Services > Retail Banking > News

Online Banking

Atom Bank raises £83m from existing investors to boost growth
Atom Bank, a UK bank built exclusively for mobile, has raised £83m in a new round of funding that saw participation from its existing investors.
Banking Services > Online Banking > News
SoFi acquires mobile banking services firm Zenbanx
SoFi announced that it has acquired Zenbanx, a Delaware-based fintech firm providing multi-currency mobile banking services in the United States and Canada.
Banking Services > Retail Banking > News

Cards

UK competition watchdog to probe Mastercard’s acquisition of VocaLink
The Competition and Markets Authority (CMA) is set to probe Mastercard’s acquisition of VocaLink after finding that it will lead to reduced competition in the UK payment infrastructure services.
Banking Services > Payments > News
SIA acquires UniCredit’s card processing activities in Italy, Germany and Austria
By BBR Staff Writer
SIA has acquired the card processing activities of UniCredit Business Integrated Solutions (Ubis) in Italy, Germany and Austria for €500m.
Banking Services > Cards > News

Payments

Wells Fargo introduces 13,000 card-free ATMs for mobile customers
Wells Fargo Bank customers now have card-free access to all of the company's 13,000 ATMs, coast-to-coast.
Banking Services > Payments > News
Accenture to purchase payments consulting firm First Annapolis
Accenture has agreed to acquire payments consulting and advisory firm, First Annapolis Consulting in a move to expand its capabilities in the payments segment.
Banking Services > Payments > News