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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

Raisin buys UK’s financial technology specialist PBF Solutions
By BBR Staff Writer
Germany-based Raisin has acquired UK-based financial technology specialist PBF Solutions, in a bid to provide end-to-end deposit raising solutions for banks and other providers in the country.
Banking Services > Retail Banking > News
ASB shareholders approve merger with First Bancorp
Shareholders of ASB Bancorp, the holding company for Asheville Savings Bank, approved the merger between ASB Bancorp and First Bancorp, under which ASB Bancorp will merge with and into First Bancorp.
Banking Services > Retail Banking > News

Commercial Banking

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
KBC to sell Polish subsidiary to PKO Bank Polski Group
Belgium-based KBC Asset Management has agreed to sell 100% of the stake in its Polish subsidiary KBC TFI to PKO Bank Polski (PKO BP).
Banking Services > Retail Banking > News

Online Banking

S&T Bancorp enters into final phase of Integrity Bank integration
S&T Bancorp (S&T) said that it is moving into the final phase of the Integrity Bank integration.
Banking Services > Online Banking > News
Juvo closes $40m in second round funding from NEA, Wing Venture Capital
San Francisco, California-based Juvo Mobile, a start-up which develops mobile identity scoring, has secured $40m in Series B funding from New Enterprise Associates (NES) and Wing Venture Capital.
Banking Services > Retail 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

HSBC introduces selfie payments in China
HSBC says that its Chinese customers can now make payments with a selfie following the introduction of facial recognition technology.
News
IBM, ZF, UBS to develop open automotive transaction platform
By BBR Staff Writer
IBM, along with ZF and UBS, is planning to develop an open automotive transaction platform for mobility services.
Banking Services > Payments > News