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QIB and QPay introduce first Islamic PoS and online payment gateway solutions
The Islamic POS and payment gateway will offer a range of electronic payment solutions, enabling QIB to serve its corporate…
Europe’s fintech firm finleap secures €41.5m funding
Ping An, a leading Chinese financial services firm, is the world‘s largest insurance company by market capitalization and a widely…
HSBC Bank Canada, Biz2Credit launch new service for business financing
HSBC eCredit is a digital-first approach to lending, which will enable small business owners to apply for financing online. The…
BNP Paribas, GTS enter into new equities trading partnership
BNP Paribas and GTS have signed a new memorandum of understanding (MOU) to expand into the US equities market. BNP…
First Mid-Illinois Bancshares completes acquisition of SCB Bancorp
The acquisition represents approximately $458 million in total assets, $341 million in deposits and $254m in loans through ten banking…
Nationwide acquires minority stake in Moneyhub
Nationwide, Britain’s major building society, has invested in Moneyhub by using capital from its £50m venturing fund designed to form…
Bitsafe launches borderless basic payment account
A Basic Payment Account works just like a local bank account. Bitsafe account holders can make deposits, make payments and…
Western Union, Hong Kong’s Tap & Go collaborate for online global money transfers
The collaboration will enable Tap & Go customers to use their Tap & Go mobile wallet to send money to…
Fintech firm Avaloq further advances ecosystem through venture capital fund
A new subsidiary, Avaloq Ventures AG, will provide access to venture capital funding and growth support for start-ups and fast-growing…
Elavon and National Australia Bank back smart payment terminal OS Poynt
Poynt said it will use the investment to expand its operations in new markets across Asia, Europe and South America.…