News

The joint venture will provide cloud-based and AI technological services to regional banks in Japan. China-based fintech company OneConnect, a subsidiary of insurance group Ping An Insurance and Japanese financial service group SBI Holdings have announced the launch of...

ING Ventures will invest a further £1.5 million alongside other investors, as part of a £3 million funding round in Katana. ING has spun out Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper...

Blucora expects the acquisition of HK Financial Services to add around $4.4bn to its total client assets, taking its total to over $72bn S-based tax-smart financial solutions provider Blucora signed an agreement to acquire HK Financial Services (HKFS), a privately-held...

The Japanese bank, through the alliance with OCB Bank, plans to promote new investment banking and on-line banking operations in Vietnam. Aozora Bank, a Japanese commercial bank, is set to acquire a stake of 15% in Vietnamese mid-sized bank Orient...

TCF National Bank (TCF Bank) has agreed to offload its branches in Arizona along with its deposits and certain related assets to Alaska USA Federal Credit Union for an undisclosed amount. The transaction will involve TCF Bank’s seven branches in...

The KPMG Secure Payments solution is intended to address the key vulnerabilities that could arise in the payment chain. Israel-based cyber security company nsKnox has partnered with consulting firm KPMG to develop KPMG Secure Payments, a new anti-fraud cyber solution...

Certua, the data-driven financial technology company, is acquiring the Surely Group, the insurtech firm. This follows the launch of Certua’s enterprise insurance platform last year, which enables distributors to simply plug in via API and tightly integrate into Certua’s platform. The...