Wells Fargo reaches $37.3m settlement to resolve claims over FX fraud

By NS Banking Staff Writer

28 Sep 21

Wells Fargo admitted that it overcharged its FX customers and agreed to pay restitution, civil penalties, along with…

RegulationBanking ServicesCapital Markets & Trading

Singapore’s PayNow and Malaysia’s DuitNow to Link in 2022

By NS Banking Staff Writer

28 Sep 21

This will allow customers of participating financial institutions to make real-time fund transfers between Singapore and Malaysia

Banking ServicesCards and Payments

ICICI Bank to offer instant overdraft (OD) to sellers registered on amazon.in

By NS Banking Staff Writer

28 Sep 21

ICICI Bank has developed this new facility that functions on the back of an industry-first scorecard to instantly…

Banking ServicesRetail Banking

MUFG Develops MUFG Wealth Management Digital Platform

By NS Banking Staff Writer

27 Sep 21

MUFG, including MUFG Bank, the Trust Bank and MUMSS, has united toward a vision of “MUFG Wealth Management”

Banking ServicesWealth Management

JYSK chooses Nexi Group as payment provider in 14 countries

By NS Banking Staff Writer

27 Sep 21

JYSK is an international home retailer with Scandinavian roots that makes it easy to furnish every room in…

Banking ServicesCards and Payments

China infuses $18.6bn into banking system amid Evergrande crisis

By BV Swagath

24 Sep 21

The Chinese central bank had carried out reverse repo operations of the amount through interest rate bidding for…

Banking ServicesInvestment Banking

Comerica Bank Launches gomerica Mobile Bank Bus

By NS Banking Staff Writer

24 Sep 21

Gomerica offers most traditional banking services and features a Banker Connect Interactive Teller Machine (ITM) on the outside…

Banking ServicesRetail Banking

Valley National Bancorp to Acquire Bank Leumi USA

By NS Banking Staff Writer

24 Sep 21

The deal will help Valley to expand its technology and venture capital banking business

Banking ServicesRetail Banking

Entrust to acquire digital card issuer Antelop Solutions

By NS Banking Staff Writer

23 Sep 21

The acquisition is said to enable global banks and financial institutions to simplify digital and physical financial card…

Banking ServicesCards and Payments

American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesses

By NS Banking Staff Writer

23 Sep 21

Extend Enterprises provides digital payment infrastructure for trusted financial institutions

Banking ServicesRetail Banking