Societe Generale (SocGen) and Credit du Nord, both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. 7) press release. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation...
You’d be forgiven for thinking that, in banking, the deal is dead. The pandemic, after all, has obliterated “normal” business trends and caution reigns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly in early 2022, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU’s membership, when the credit union goes live with Lumin in April of next year, according...
Sabadell is reportedly looking at cutting jobs and striking distribution deals with other European banks after merger talks with fellow Spanish banker BBVA crashed last week, Reuters reported. The two could not agree on a price. Get the Full Story Complete the form to unlock this...
Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first. Get the Full Story Complete the form to unlock this article...
The year-end acceleration of mergers and acquisitions (M&A) worldwide will keep bankers busy until the close of 2020, with deals emerging in most regions and industries, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Wintrust Financial Corporation has selected global enterprise technology provider NCR Corporation to provide its new digital-first banking platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Luxembourg regulators have given a thumbs-up to the FinTech PingPong, authorizing it to do business as an Electronic Money Institution (EMI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
