Mastercard Inks Bahrain Blockchain Partnership
Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) to develop a blockchain-powered B2B payments solution. Together, the firms are developing a platform...
WhatsApp Moves Payments From Pilot To Rollout In India
Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India. The Facebook-owned messaging app is responding to the increased demand for...
SWIFT Readies ISO 20022 For X-Border Payments
Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border...
Charles Schwab to buy USAAs investment management assets for £145bn
The acquisition will scale up Charles Schwab’s portfolio with the addition of $90bn (£72.4bn) in assets and more than one million accounts US-based financial services...
Starling Bank partners with SumUp to speed up card payments for businesses
Starling Bank will provide SumUp and its card reader merchants access to its API-based banking infrastructure to help businesses receive next-day payments A partnership between...
Visa and JP Morgan help businesses make payments faster with Billtrusts Business Payments Network
Visa and Billtrust announced that J.P. Morgan will utilize Billtrust’s Business Payments Network (BPN), streamlining the delivery of electronic B2B payments for J.P. Morgan...
Midland States Bancorp completes acquisition of HomeStar Financial Group
Midland States Bancorp has completed its acquisition of HomeStar Financial Group, the parent company of HomeStar Bank and Financial Services. As of March 31, 2019,...
JPMorgan Chase wraps up InstaMed acquisition
With the acquisition, innovative healthcare payment solutions offered by InstaMed will use JPMorgan’s payment capabilities to provide an easier and more convenient system. US-based investment...
South Plains Financial to acquire West Texas State Bank
The acquisition will help South Plains Financial to strengthen its presence in Texas with 26 branches and 13 mortgage production offices South Plains Financial (SPFI)...
Reinforcing its Private Assets business Schroders completes full acquisition of Secquaero
Schroders acquired 30% of Secquaero in 2013 and entered into a partnership to serve institutional clients’ growing interest for Insurance Linked Securities (ILS). From...