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Digital business account Qonto opens in Germany

Digital business account Qonto opens in Germany

Qonto, a neo-bank for business accounts that was launched in France two years ago, has expanded to Germany, following previous openings in Italy and...
Standard Chartered enhances cross-border payment experience

Standard Chartered enhances cross-border payment experience

Standard Chartered has launched SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments cleared through the bank’s...
BNP Paribas Securities extends Temenos contract

BNP Paribas Securities extends Temenos contract

BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and Temenos Multifonds Global Investor until 2028. Temenos’ software platform and integrated...
Tonik to launch first digital-only bank in the Philippines

Tonik to launch first digital-only bank in the Philippines

Neo-banking startup Tonik is to open a digital-only bank in the Philippines after securing a banking licence from the country's central bank. Seeded and built...
Prudential Vietnam and SeABank establish exclusive bancassurance partnership

Prudential Vietnam and SeABank establish exclusive bancassurance partnership

Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank have entered into an exclusive bancassurance...
Another consortium joins race for Singapore digital bank licence

Another consortium joins race for Singapore digital bank licence

Another consortium has joined the bid for a digital bank licence in Singapore, with plans to target small and mid-sized businesses (SMBs) and offer...
OneConnect, SBI Holdings launch joint venture in Japan

OneConnect, SBI Holdings launch joint venture in Japan

The joint venture will provide cloud-based and AI technological services to regional banks in Japan. China-based fintech company OneConnect, a subsidiary of insurance group...
Aozora Bank to acquire 15% stake in Vietnamese lender OCB Bank

Aozora Bank to acquire 15% stake in Vietnamese lender OCB Bank

The Japanese bank, through the alliance with OCB Bank, plans to promote new investment banking and on-line banking operations in Vietnam. Aozora Bank, a Japanese...
TCF Bank to sell Arizona branches to Alaska USA Federal Credit Union

TCF Bank to sell Arizona branches to Alaska USA Federal Credit Union

TCF National Bank (TCF Bank) has agreed to offload its branches in Arizona along with its deposits and certain related assets to Alaska USA...
acquired

First Eagle Investment to acquire alternative credit manager THL Credit

THL Credit specialises in the management of tradable credit and direct lending to middle-market firms First Eagle Investment Management, a New York-based investment management firm,...

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