EBA says Covid-19 is placing unprecedented challenges on EU banks
The European Banking Authority (EBA) published today a preliminary assessment of the impact of COVID-19 on the EU banking sector. With the global economy...
Valmark Financial Group launches Life Insurance Fulfillment Tool (LIFT)
Valmark continues its rich history of innovation in the life insurance industry by expanding its toolkit for independent insurance and financial professionals. Its newest...
Stripe payment services now available in five more European countries
Stripe, a company offering payment services over the internet, has announced the launch of its services in five more European countries including the Czech...
Visa supports Pay.UK in delivering request to pay pilot ahead of full service launch
Visa has facilitated the first request to pay message sent and received using Pay.UK’s standards, ahead of the anticipated commercial launch of request to...
TEN31 partners with Anquan Capital to explore blockchain in banking and financial services
German bank WEG Bank’s fintech arm TEN31 has partnered with Singapore-based Anquan Capital to explore the application of blockchain technology in banking and financial...
Wave Money, Ant Financial partner to promote financial inclusion for the unbanked in Myanmar
Digital Money Myanmar Limited and Ant Financial Services Group, operator of Alipay, announced a strategic partnership to promote financial inclusion for the unbanked and...
Bangkok Bank wraps up $2.3bn acquisition of 89% stake in Bank Permata
Bangkok Bank has wrapped up its previously announced acquisition of a stake of 89.12% in Indonesian lender Bank Permata for $2.28bn from Standard Chartered...
Visa invests in American analytics firm GoodData
Payments giant Visa has announced an investment of an undisclosed amount in San Francisco, California-headquartered analytics firm. Both the company have also entered into...
BriteBee Launches Digital Stimulus Package For Insurance Sector
COVID-19 is putting pressure on industries far and wide. Businesses of all sizes, along with their employees, their suppliers, and their customers are feeling...
ClearPay electronic brokerage platform now fully implemented by Wawanesa
ClearPay announced that the Wawanesa Mutual Insurance Company, Canada’s largest Property and Casualty Mutual insurer (Wawanesa), has fully adopted the ClearPay brokerage payment and...