UAE’s Abu Dhabi Islamic Bank (ADIB) has inked a memorandum of understanding (MoU) with Bahraini lender Al Baraka Banking Group for correspondent banking. The aim is to …
Indian lender Bandhan Bank is set to open 187 new branches by March next year, subject to approval by the central bank. The move was …
India’s Aditya Birla Payments Bank (ABPB), which began operations around 17 months ago, has decided to shutter operations. In a regulatory filing, the bank said …
US-based Union Bank & Trust (UBT) has decided to implement Newgen Intelligent Business Process Management (BPM) solution to streamline operations. The new system will enable …
China Merchants Bank has selected Wolters Kluwer’s OneSumX for Regulatory Reporting software to support its regulatory reporting in the US. OneSumX for Regulatory Reporting aggregates …
British lender TSB is set to roll out a new service that will enable the customers to open a current account with a selfie. The …
Chinese fintech firm Lufax has decided to scale down its peer-to-peer (P2P) lending business to meet regulatory requirements, reported South China Morning Post. The company …
Dubai-based lender Emirates NBD has secured regulatory approval to open 20 additional branches in Saudi Arabia. The move comes at a time when Saudi Arabia …
German digital lender N26 has raised an additional $170m in its extended Series D funding round. It is now valued at $3.5bn. In the initial …
Commercial lender Piermont Bank- the first new state-chartered lender in New York in more than a decade- has launched operations. The bank made the move …
FCA launches consultation regarding fair treatment of vulnerable customers July 23, 2019 Patrick Brusnahan UK’s Atom bank raises £50m to support growth July 23, 2019 Verdict Staff The First Bancshares to acquire First Florida Bancorp for $85m July 23, 2019 Verdict Staff 
