Crédit Agricole CIB launched a new receivables and supply chain finance platform in the Asia-Pacific region. The bank’s new Optim Receivables and Supply Chain Finance platform is powered by Demica’s white-label, cloud-based platform that helps financial institutions and corporates offer working capital solutions, the companies said in a Tuesday...
French payment processing company Worldline experienced a surge of nearly 12% in its shares Friday (Dec. 1) following a report that French lender Credit Agricole is considering acquiring a stake in the company. The move by Credit Agricole is seen as an attempt to stabilize...
Worldline has teamed with French lender Crédit Agricole to form a joint payments operation. The partnership between the two companies will “create a major player in the French payment market,” according to a Wednesday (April 18) news release. “France is a highly attractive and strategic...
A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped Gatehouse Bank with a £1.5 million ($1.83 million) penalty in October for not applying sufficient anti-money laundering (AML) checks on customers based...
April 17, 2024
The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The Clearing House said in a Wednesday (April 17) press release. “We congratulate Crédit Agricole Corporate & Investment Bank and MUFG for completing the first payment in the ISO 20022 message format on […]
February 29, 2024
Crédit Agricole CIB launched a new receivables and supply chain finance platform in the Asia-Pacific region. The bank’s new Optim Receivables and Supply Chain Finance platform is powered by Demica’s white-label, cloud-based platform that...
December 01, 2023
French payment processing company Worldline experienced a surge of nearly 12% in its shares Friday (Dec. 1) following a report that French lender Credit Agricole is considering acquiring a stake...
July 18, 2022
Poland’s Office of Competition and Consumer Protection (UOKiK), its antimonopoly office, announced Monday (July 18) that it has filed charges against five banks that it says acted against consumers’ interests....
