Western Union introduces Digital Location service amid COVID-19 pandemic
US-based cross-border payments company Western Union has launched a new service, dubbed Digital Location, enabling its customers to transfer money with comfort and safety...
ANZ launches major COVID-19 support package
ANZ announced an unprecedented support package for small business and home loan customers with the potential to inject $6 billion into the Australian economy...
HSBC UK offers more financial help for businesses dealing with COVID-19
HSBC UK has launched the Coronavirus Business Interruption Loan Scheme (CBILS), which can be availed by existing customers with a group turnover of up...
Provident Financial Services to acquire SB One Bancorp in $209m deal
New Jersey-based Provident Bank’s parent company Provident Financial Services has agreed to acquire SB One Bancorp in a deal worth $208.9m.
SB One Bancorp is...
State Bank of India to acquire 49% stake in Yes Bank for $970m
The announcement from the State Bank of India follows the reconstruction scheme chalked out by the Reserve Bank of India for the financially troubled...
Lloyds Banking Group, Google Cloud sign five-year cloud deal
As part of the deal, Lloyds Banking Group will deploy various services from Google Cloud to help in its objective of optimisation, modernisation, and...
Sudans Al Khaleej Bank selects Path Solutions and iMAL
Sudan-based Al Khaleej Bank has selected Path Solutions and its iMAL platform to power its core banking operations. Headquartered in Khartoum, Al Khaleej Bank...
Intuit to acquire consumer technology company Credit Karma for $7.1bn
The California-based Credit Karma provides credit scores, reports and monitoring to its members across the US, the UK and Canada. Intuit, a US-based business...
EBRD provides financing package for Piraeus Bank Ukraine
The EBRD and Piraeus Bank Ukraine (PBU) are supporting the development of Ukraine’s small and medium sized enterprises (SME) with new financial products designed...
SB Financial to acquire Edon Bancorp for $15.5m
SB Financial, the parent company of State Bank and Trust, has agreed to acquire Edon Bancorp, in a deal worth $15.5m. Based in Edon,...