Sun Life to acquire 51% stake in Crescent Capital in $338m deal
The US firm will become a part of Sun Life’s alternative asset management business after completion of the…
Chase introduces new checking account for businesses
22 Oct 20The account enables business owners to begin accepting payments in minutes with same day deposits
ECB enhances internal whistleblowing framework
22 Oct 20The online internal reporting tool is complementary to the ECB’s existing breach reporting mechanism used primarily in banking…
Latin American bank BCI selects Temenos lo launch new corporate bank in Peru
22 Oct 20Chile’s BCI selects Temenos core banking, payments and digital front-office technology to launch a new corporate bank in…
Swiss lender UBS reports 99% surge in Q3 2020 net profit at $2bn
21 Oct 20The third-quarter operating income increased by 26% to $8.93bn compared to $7bn in Q3 2019
FIS wins domestic card scheme acquiring licenses in Argentina
21 Oct 20The licenses will help FIS deliver advanced payment technology offerings to merchants and companies in Argentina
UK retailers urge government to tackle excessive card costs
21 Oct 20Last year, cost to the UK retailers for accepting payments reached £1.1bn, of which £950m were from card…
Billtrust to go public via $1.3bn merger with South Mountain
20 Oct 20Post-merger, the fintech company plans to be renamed as BTRS Holdings and is likely to trade on Nasdaq
Google cloud debuts Lending DocAI to boost home loan process
20 Oct 20Google Cloud’s new vertically specialised tool Lending DocAI is part of the Document AI portfolio, dedicated to the…
Atlantia to divest 49% stake in Telepass unit for $1.24bn
19 Oct 20Telepass provides electronic toll collection services to seven million customers in 14 European countries, covering over 105,000kms of…
