News

Finance trade partner Surecomp has formed an agreement with Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to implement a new end-to-end trade finance solution. US-based Surecomp’s DOKA-NG and allNETT solutions will support the ongoing growth and...

First Midwest Bank has expanded its presence in Wisconsin by signing an agreement to acquire Bankmanagers, the parent company of Park Bank, one of the oldest banks in the state US-based First Midwest Bank has signed an agreement to acquire...

FCN Bank has signed a merger deal with rival Indiana-based bank holding company DSA Financial to create a major community bank in the south-eastern part of the US state. Financial terms of the merger were not disclosed. Based in Brookville, FCN...

Finxact CEO Frank Sanchez is a veteran of financial technology and his new venture aims to help legacy institutions update their core banking systems With a lifetime of financial technology experience under his belt, Frank Sanchez has embarked on a...

US-based money transfer firm MoneyGram has partnered with Vietnam-based HDBank to launch the home remittance payment service in Vietnam. HDBank believes that the new partnership will improve its service quality, adding to its customers’ experience. Bringing home delivery option, through HDBank,...

Aetna, the insurance business of American retail pharmacy chain CVS Health, has signed a four-year reinsurance arrangement with Vitality Re X. The arrangement will enable CVS Health to slash its required capital and offer $200m of collateralised excess of loss...

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 Commercial Card clients. Participating clients will now be able to utilize BPN’s connected platform of...