News

JTC has agreed to acquire Citi Trust, the global fiduciary and trust administration services business, from Citigroup in a deal worth $80m. Citi Trust, which operates in seven key jurisdictions including New York, Delaware, South Dakota, Jersey, Singapore, Switzerland, and...

Camden National Bank’s bank holding company Camden National has agreed to acquire Northway Financial in an all-stock deal valued at around $86.6m. Based in the US, Northway Financial is a bank holding company that owns Northway Bank. The company delivers a...

Infosys, a global next-generation digital services and consulting firm, has announced its collaboration with the Life Insurance Corporation of India (LIC) to spearhead its digital transformation initiative, DIVE (Digital Innovation and Value Enhancement). As part of the collaboration, Infosys will...

Metro Bank, the UK’s community bank, has entered a long-term collaboration with Infosys to enhance some of its IT and support functions and to digitalise its business operations. The collaboration supports the bank’s ongoing efficiency and cost-saving efforts. Collaborating with...

BharatPe and ONDC have announced an integration that will enable BharatPe customers to order and receive food through its app. This eliminates the need for multiple apps on a user’s smartphone, thereby ensuring a more seamless customer experience. This is...

Vietnam Maritime Commercial Joint Stock Bank has signed a strategic cooperation agreement with TerraPay, a global money movement company. This collaboration will bring digital payment solutions and data capabilities to help MSB enhance efficiency and offer customers the best payment...

Airwallex, a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. Prior to this partnership, McLaren’s international payments run consisted of...