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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 and Astra International. Under the deal announced in December 2019, Bangkok Bank acquired 44.56% stakes each from Standard Chartered and Astra International in Bank Permata, which...
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Wave Money, Ant Financial partner to promote financial inclusion for the...
Digital Money Myanmar Limited and Ant Financial Services Group, operator of Alipay, announced a strategic partnership to promote financial inclusion for the unbanked and...
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Schwab completes asset acquisition of USAA’s investment management company
The Charles Schwab Corporation announced that it has completed its acquisition of the assets of USAA’s Investment Management Company and has transitioned the underlying...
Cards & Payments
Stripe payment services now available in five more European countries
Stripe, a company offering payment services over the internet, has announced the launch of its services in five more European countries including the Czech...
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UnionPay International drives ‘Contactless Payment’ for consumer safety during COVID-19
As the struggle against COVID-19 continues, UnionPay International have unveiled a plan for increased consumer safety through accelerating the issuance of contactless payment enabled...
UnionBank Bolsters COVID-19 Stay-At-Home with range of digital services
Union Bank of the Philippines (UnionBank) continues to process a growing number of digital transactions and remains business-as-usual (BAU), throughout the ECQ. For the month...
Rybbon to provide mobile wallet-enabled prepaid rewards for Blackhawk Network
Blackhawk Network announced an agreement with Rybbon, a leading digital rewards platform, to provide businesses with virtual open-loop Mastercard® reward options. Businesses can now...
GoCardless launches payment intelligence product Success
GoCardless, the leading fintech for recurring payments, has launched its first payment intelligence product, Success+ to help businesses tackle the problems caused by failed...
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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...
