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Mastercard and Samsung Partner to enable digital inclusion

Mastercard’s Pay on Demand platform is designed to accelerate digital inclusion by bringing together financial institutions, original equipment manufacturers and telcos to holistically solve issues that have limited device financing in emerging markets Mastercard announced a global partnership with Samsung...

Co-operative Bank of Kenya to acquire commercial lender Jamii Bora Bank

The Jamii Bora Bank is particularly engaged in micro, small and medium enterprises (MSME) banking and microfinance. The Co-operative Bank of Kenya (Co-op) has proposed to acquire 100% of Kenyan commercial bank Jamii Bora Bank (JBB) for an undisclosed...

Fidelity National to acquire life insurance group F&G in $2.7bn deal

The acquisition of F&G will diversify the cash and income streams of Fidelity National Financial away from title insurance Fidelity National Financial (FNF), a US title insurance company, has agreed to acquire FGL Holdings (F&G), a fixed indexed annuities and...

Jumio and CIMB Bank PH team up to provide Filipinos unmatched digital onboarding experience with AI-powered identity verification technology

Jumio helps CIMB Bank Philippines onboard new mobile banking customers while protecting against fraud and meeting strict compliance mandates Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, has partnered with CIMB Bank Philippines’ all- digital bank...

Intuit to acquire consumer technology company Credit Karma for $7.1bn

The California-based Credit Karma provides credit scores, reports and monitoring to its members across the US, the UK and Canada. Intuit, a US-based business and financial software company, has agreed to acquire consumer technology company Credit Karma in a...

ACI Worldwide and Banco Internacional Drive ATM Innovation Across Ecuador

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that Banco Internacional, one of the largest banks in Ecuador for commercial and credit placement, will support the management of its ATM network with Postilion,...

ACI Worldwides Official Payments Improves Online Tax Payment Process with Internal Revenue Service

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that in working with the Internal Revenue Service (IRS) again this year, it has further improved the online payment process for taxpayers. By reducing the...

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