Singapore’s TranSwap launches Global Borderless Virtual Account with support of Currencycloud
TranSwap, a Singaporean based cross-border payments platform for businesses is partnering with Currencycloud, the leader in providing B2B embedded cross-border solutions, to offer Global...
Zip Co to acquire QuadPay to create $1bn global payments firm
Australian buy now, pay later (BNPL) services provider Zip Co has agreed to acquire its American rival QuadPay, expanding its reach to more than...
Arizona Bank & Trust to acquire Arizona operations of Johnson Bank
Arizona Bank & Trust (AB&T), a subsidiary of Iowa-based Heartland Financial USA, announced that it will acquire certain operations of Johnson Bank in Arizona,...
CaixaBank partners with IBM Services for cloud transformation
CaixaBank has joined forces with IBM Services to advance its transformation to hybrid cloud and improve its capability to develop advanced solutions to enhance...
Deutsche Bank to introduce e-FX trading hub in Singapore
German bank Deutsche Bank announced its plans to launch an electronic foreign exchange (e-FX) hub in Singapore. The bank will establish the hub by...
Bangkok Bank wraps up $2.3bn acquisition of 89% stake in Bank Permata
Bangkok Bank has wrapped up its previously announced acquisition of a stake of 89.12% in Indonesian lender Bank Permata for $2.28bn from Standard Chartered...
Digital-Only ZYNLO Bank selects Madison, Wisconsin, for launch
ZYNLO Bank (ZYNLO), a digital-only startup powered by PeoplesBank, has launched in Madison, Wisconsin. As a comprehensive digital bank offering, ZYNLO provides a wide...
Texas Capital Bancshares, Independent Bank scrap $5.5bn merger deal
Texas Capital Bancshares and Independent Bank Group have mutually scrapped their previously announced $5.5bn merger deal owing to the impact of the Covid-19 pandemic...
Samsung, SoFi and Mastercard partner to offer Samsung Money by SoFi
Samsung Electronics America, in partnership with fintech company SoFi and Mastercard, has rolled out a new mobile-first money management offering Samsung Money by SoFi.
The...
Sony to take full ownership of Sony Financial for $3.7bn
Japanese conglomerate Sony announced that it will take full ownership of Sony Financial Holdings (SFH), its financial services business arm via a tender offer...