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TSYS extends payments deal with Tesco Bank
Under the agreement, TSYS will provide full customer account management services on its industry leading TS2 platform. Tesco Bank aims to…
Card payments more than double in past 10 years
Debit and credit cards were used to make 16.4 billion purchases in 2016, up 146 per cent from 6.7 billion in 2006. It means…
Klarna obtains full banking licence in Sweden
Klarna stated that receiving banking licence enables it to broaden its product portfolio for its customers and merchants. It aims to transform…
Pinnacle Financial completes merger with BNC Bancorp
Additionally Bank of North Carolina, BNC’s wholly-owned bank subsidiary, merged with and into Pinnacle Bank, Pinnacle’s wholly-owned bank subsidiary. “We…
Finastra to accelerate digital transformation of banking with IBM Cloud
Finastra and IBM plan to bring IBM technology into the Finastra open architecture to enrich the digital retail banking experience…
Santander’s Openbank relaunched as full-service digital bank
The new Openbank platform has been developed by using some of the most advanced technologies. Openbank will use a cloud-based…
KBC acquires United Bulgarian Bank and Interlease
The acquisition – which was announced on 30 December 2016 – was approved by the relevant regulatory authorities and received…
Misys, D+H combine to form Fintech company Finastra
The new company has been created after D+H was acquired by Vista Equity Partners, which already owns Misys. The combined…
Eastern Bank extends partnership with Elan Financial Services
Since the partnership began in 2011, Eastern Bank has seen unprecedented growth in credit cards. “Our partnership with Elan Financial…
Emirates Islamic integrates blockchain technology into cheques
Emirates Islamic has named this initiative as ‘Cheque Chain’, which is aimed at enhancing the security in one of the popular…