EU should use perpetual bonds to finance Covid-19 recovery fund
The European commission president, Ursula von der Leyen, has announced that Europe will need about €1tn (£873bn) to fight the Covid-19 pandemic. This money...
American Express, Amazon Business to offer co-branded cards in UK
US-based financial services firm American Express and E-commerce firm Amazon are offering co-branded credit cards for small businesses in the UK.
The co-branded cards, Amazon...
Blucora agrees to acquire HK Financial Services for $160m
Blucora expects the acquisition of HK Financial Services to add around $4.4bn to its total client assets, taking its total to over $72bn
S-based tax-smart...
HSBC signs global partnership with UK-based fintech Bud
The partnership with Bud will see HSBC implementing the technology in its challenger brand ‘first direct’
HSBC has signed a three-year global partnership with London-based...
Marsh & McLennan buys UK insurance firm JLT in $5.6bn deal
FTSE 250 insurance firm JLT has accepted a $5.6bn (£4.3bn) takeover offer from US financial services giant Marsh & McLennan.
Shares in JLT, which employs...
Open Banking Expo returns to shape the future of Open Banking
Open Banking Expo will bring together the innovators, disruptors and visionaries who will shape the future of Open Banking.Leaders and experts from financial services,...
Temenos to acquire digital banking SaaS firm Kony for £458m
Kony, which is headquartered in Austin, Texas, helps banks in enhancing the experience for their clients through its digital banking applications and its development...
Howden partners with Cytegic for cyber risk assessment automation
Howden, the retail broking unit of Hyperion Insurance Group, has partnered with cyber risk assessment services provider Cytegic to automate cyber risk assessment and...
Wescom Financial Services and Simplicity Life Partner for Insurance Services
Wescom Financial Services and Simplicity Life have formed a strategic partnership to enhance, expand, and provide more insurance sales support for Wescom Financial Services...
PayU to acquire Turkish payment company iyzico for 130m
Fintech company PayU has agreed to acquire Turkish digital payment services provider iyzico for $165m (£129.7m).
iyzico enables secure payments to more than 300 marketplaces....