News

Konsentus has joined forces with Ozone, a provider of open banking APIs, for an end to end solution capable of accelerating PSD2 open banking adoption. Ozone API is a platform that helps financial institutions deliver open banking APIs, and help...

As part of a strategic partnership, Baloise Asset Management is acquiring a stake in Zurich-based asset manager Tolomeo Capital AG. With this transaction, Baloise Asset Management will further strengthen its position as one of Switzerland’s leading rule-based asset managers....

Brookfield Asset Management Canadian alternative Investment major is planning to raise $500-$700 million by Real Estate Investment Trust by the end of this financial year. Investment bankers have already started to monetize Indian assets using REIT listing. Currently, Brookfield owns...

Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm. PayPal and InComm on Thursday (July 30) unveiled a QR code payment system that will enable touchless checkouts...

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. The U.K.’s central bank announced on Thursday (July 30) that it has hired IT firm Accenture to revamp...

B2B payments hub Qolo is integrating with international payment company moneycorp in order to offer a new foreign exchange payments solution to help businesses access a less expensive, automated payment tool, according to a press release. Qolo, founded in 2018,...

Avanti Financial Group said in a press release that it could begin operating as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Avanti’s bank charter application has been accepted by the...