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In a challenging environment, Rabobank has made progress on achieving most of its strategic objectives in the first six months of the year. Net profit for the first half-year was EUR 1.2 billion. From the Chairman of the Managing Board, Wiebe Draijer ‘In the first six months of 2019 Rabobank posted...
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Banking
HSBC appoints Barry O’Byrne interim Chief Executive, Global Commercial Banking
HSBC Holdings plc announces the appointment of Barry O’Byrne as interim Chief Executive of Global Commercial Banking (CMB), subject to regulatory approval, succeeding Noel...
Insurance
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Asset Management
Charles Schwab to buy USAAs investment management assets for £145bn
The acquisition will scale up Charles Schwab’s portfolio with the addition of $90bn (£72.4bn) in assets and more than one million accounts US-based financial services...
Cards & Payments
Western Union and TD Expand Money Transfer from Canada to the...
Western Union, a leader in global payment services, and TD, one of Canada's largest financial institutions, have announced a fast and convenient way for...
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Visa Ups Innovation Ante With US FinTech Fast Track Launch
Even in 2019, there persists this idea in the mainstream that invention stems from the epiphany and late-night toil of the solitary scientist. The...
Ingenico Launches New Payment Platform For Travel Companies
Global payments provider Ingenico Group has launched TravelHub to connect travel companies with end-to-end payment processing across Asia, Latin America and Europe. With TravelHub, travel...
Mastercard Inks Bahrain Blockchain Partnership
Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) to develop a blockchain-powered B2B payments solution. Together, the firms are developing a platform...
WhatsApp Moves Payments From Pilot To Rollout In India
Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India. The Facebook-owned messaging app is responding to the increased demand for...
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Finance
Alera Group Acquires Benefit Commerce Group
Alera Group, an independent national insurance brokerage and wealth management firm, announced its acquisition of Benefit Commerce Group, an award-winning, results-driven employee benefits consulting...
