Wells Fargo to test blockchain-based internal settlement service
Wells Fargo & Company has announced plans to pilot its Wells Fargo Digital Cash, an internal settlement service based on its first distributed ledger technology (DLT) platform or
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ContinueLearn More XWells Fargo & Company has announced plans to pilot its Wells Fargo Digital Cash, an internal settlement service based on its first distributed ledger technology (DLT) platform or
Reliant Bancorp, the parent company of Reliant Bank, has signed an agreement to acquire Tennessee Community Bank Holdings (TCB), which owns the Community Bank & Trust (CB&T), for
Private equity firm Blackstone has signed an agreement to acquire Canadian real estate trust company Dream Global Real Estate Investment Trust (REIT) for C$6.2bn (£3.7bn). With the closing
Indonesian bank PT Bank Mayapada Internasional has selected NICE Actimize to upgrade its financial crime operations with anti-money laundering (AML) compliance and investigation management solutions. The programme will
Payments giant Mastercard has partnered with R3, a New York-headquartered blockchain software firm, to develop blockchain-powered cross-border payments solution. Initially, the partnership between Mastercard and R3 will focus
Payments giant Stripe is expanding its product portfolio by introducing Stripe Corporate Card, a credit card for business customers. The launch of Corporate Card follows Stripe’s introduction of
Minnesota-based US Bank has completed the acquisition of talech, a California-based software company that offers point-of-sale solution to small and medium-sized businesses. Financial details of the deal were
RBB Bancorp (RBB) has agreed to acquire PGB Holdings and its subsidiary Pacific Global Bank for a value of $32.5m (£26m). Headquartered in Chicago, Illinois, Pacific Global Bank
Credit Suisse Securities (Canada) has selected Torstone Technology’s Inferno platform, a multi-asset, multi-entity cloud-based platform, to replace its existing third party outsourced platform and service. Torstone’s Inferno covers
Indian private sector bank Yes Bank has introduced YES ROBOT, an artificial intelligence-enabled chatbot to support its customers. Developed by Microsoft, the chatbot is powered by natural language