Banking

BNP Paribas has reported a net income of €1.76bn for the first quarter ended 31 March 2021, an increase of 37.9% compared to €1.28bn for the corresponding quarter in 2020. The bank has reported an operating income of €2.33bn for...

Canadian fintech platform and certified credit card issuer Brim Financial has raked in $25m in a Series B financing round co-led by Desjardins Group and US-based EPIC Ventures. The round was also joined by other Canadian and US-based investors including...

US-based payment system company ACI Worldwide has joined forces with payments technology company InComm Payments to digitise cash payments. The company said that cash payments are essential for some consumers, such as the unbanked or underbanked populations. The partnership will...

India’s third-largest private sector bank, Axis Bank is embarking on a partnership with the popular chatting app – WhatsApp – to offer basic banking services to its customers. This will allow customers to seek information regarding their account balance,...

The partnership between Deutsche Bank and Deutsche Sporthilfe, which has existed for 20 years, will continue. Both sides have reaffirmed their successful cooperation and extended the contract for another three years. Deutsche Bank has been a partner of the...

Solace has partnered with Standard Chartered Bank Korea (SCB Korea) to maximize the agility and efficiency of Standard Chartered's Straight2Bank (S2B), an online banking platform that allows businesses to make payments and track their transactions on the go. Adopting a...

Latvia-based Citadele Bank has agreed to acquire the majority of the mortgage portfolio owned by ABLV Bank, which is in liquidation procedure. The mortgage portfolio includes several thousand mortgage loans with a total exposure above €170m. Citadele Bank stated that...