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ING’s ability to use technology to improve its approach to regulatory compliance was given a boost with the announcement that it would be a multi-million investor in US-based regulatory technology (regtech) company, Ascent. Using machine learning and natural language processing, Ascent helps companies to build, manage and automate regulatory compliance. The...
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Banking
Open Banking Expo reveals future for Open Banking
Speakers at this year’s Open Banking Expo have revealed their predictions for the future of Open Banking at the sold-out event in London yesterday. In...
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Asset Management
BNY Mellon to provide European ETF servicing for Goldman Sachs
GSAM has recently launched its first ETF fund, Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF, into the European market. US-based international banking and...
Cards & Payments
Remitly, Xpress Money partner to expand cross-border money transfer services
Xpress Money has legacy of processing secure cross-border money transfers across its robust payout network, built over the last two decades. Remitly, the online remittance...
Mergers & Acquisitions
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LISNR secures capital investment from Visa to accelerate payments
LISNR is initially focused on retail solutions and financial solutions across the world, and clients will be able to experience the ultrasonic payments platform...
Wirecard to acquire controlling stake in China’s AllScore Payment Services
The transaction with AllScore Payment Services enables the Germany-based Wirecard’s entry into China. Wirecard has signed a deal to acquire Chinese payments technology firm...
Apple Pay launched to NatWest business customers
NatWest brings its business banking customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay...
Bank of America introduces new mobile banking app
Bank of America has added new features to its mobile app, including an enhanced shopping experience and several new features for debit and credit...
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Finance
WesBanco completes acquisition of Old Line Bancshares
Diversified financial services company WesBanco has completed its previously announced acquisition of Old Line Bancshares, the parent company of Old Line Bank, a chartered...
