EU Bank To Fund $2.5bn For Climate Change Mitigation Efforts
In collaboration with five private equity partners, the European Investment Bank (EIB) is looking to raise €2.5 billion for climate action projects.
The funding will...
US Banks Develop A Guide For Doing Due Diligence For Fintech
A group of financial institutions is working to standardise how banks undertake third-party due diligence as more financial institutions form alliances with fintechs and...
As Chinese Economy Slows, Bank Loans Drop Lowest Since 2017
Due to broader coronavirus limitations and a housing drop, China's credit growth in October was the weakest since 2019 and bank loans increased by...
Sacombank taps Temenos Infinity to build digital banking services
Vietnamese lending group Sacombank has selected Temenos Infinity to build digital banking capabilities and offer an omnichannel experience to retail and business customers.
As part...
FinTech Euronet Worldwide Teams With AeTrade on Digital Payments
Digital payments in Africa are about to get an even wider reach, thanks to a new collaboration between Euronet Worldwide and the Africa Electronic...
ZikZuk acquires Tax e-filing platform, TaxSpanner.com
SME Neobank, ZikZuk Technologies, announced the acquisition of SPANACROSS IT Solutions, well known as TaxSpanner.com.For ZikZuk which is a neobank, this strategic acquisition will...
Banco Santander and Forgepoint Capital announce strategic alliance to advance cybersecurity investment and innovation...
Banco Santander, one of the largest banks in the world with over 157 million customers, and Forgepoint Capital, one of the world’s leading venture...
Australian Banks Ease Mortgage Rules As Property Arena Cools
Despite regulators' advice to exercise caution in recent months due to a declining real estate market, two of Australia's largest banks reportedly secretly lowered...
US Healthcare Lobbying Spending Surged 70% Over 20 Years
In the 20 years from 2000 to 2020, even after accounting for inflation, lobbyist spending in the US healthcare industry increased by more than...
Energy Industry Cautions Against Share Buyback Tax In Canada
According to industry leaders and analysts, Canada's proposal to tax corporate stock buybacks is unlikely to prevent oil and gas producers from returning cash...