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Lloyds Bank partners with Mastercard for open banking payment solution

Lloyds Bank Commercial Banking has teamed up with Mastercard to roll out PayFrom Bank, its new open banking payment solution for its business clients. The British retail and commercial bank will use Mastercard’s Payment Gateway capabilities and open banking merchant...

ICICI Bank launches ICICI STACK for Corporates to offer ecosystem banking

ICICI Bank  announced the launch of ‘ICICI STACK for Corporates’, a comprehensive set of digital banking solutions for corporates and their entire ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders. The wide range of 360-degree...

Goldman Sachs Launches Transaction Banking in the UK

Goldman Sachs announced the launch of Transaction Banking (TxB) in the UK, expanding the business which was successfully launched in the US last year. Transaction banking, also known as cash management and treasury services, is the business of providing solutions...

JP Morgan buys robo-advisor Nutmeg to spearhead UK retail banking expansion

JP Morgan Chase has struck a deal worth almost £700m with British digital wealth manager Nutmeg as part of the US bank’s expansion into the UK retail banking and investment market. The takeover will generate a windfall for the more...

BBVA Switzerland opens bitcoin trading service to all private banking clients

After six months of testing with a selected group of users, BBVA Switzerland makes its first crypto-asset trading and custody service available to all its private banking clients. The new service is available only in Switzerland and will start operating...

Deutsche Bank Partners with Oracle to Accelerate Technology Modernization

Deutsche Bank and Oracle announced a multi-year collaboration to modernize its database technology and accelerate the bank’s digital transformation. The agreement will see Deutsche Bank upgrade its existing database systems and migrate the bulk of its Oracle Database estate to...

Visa and Goldman Sachs Partner to Modernize Global Money Movement

Visa announced a global strategic partnership with Goldman Sachs Transaction Banking to help businesses – large to small – move money effortlessly around the world. Through its implementation of Visa B2B Connect and Visa Direct Payouts solutions, Goldman Sachs will...

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