All articles by Refna Tharayil
Mastercard and DTB partner on digital payment solutions across East Africa
Both parties will roll out a suite of innovative payment solutions, including customised card products and advanced transfer services for P2P, B2B, and P2B transfer services
Ingenico and Crypto.com partner to launch seamless crypto payment solution for millions of Ingenico merchants worldwide
Through this collaboration, Ingenico merchants can now accept crypto payments and receive funds settlement without currency risk in their local currency, such as EUR, GBP, AUD, or USD
UniCredit completes acquisition of majority stake in Alpha Bank Romania
The transaction was approved by the European Commission in June this year under the EU Merger Regulation
Mastercard partners with PayMate to advance digitisation of B2B payments across EEMEA
The B2B payments market is, projected to exceed $3 trillion in revenue by 2027, demonstrating significant growth potential
Mid Penn to merge with William Penn in $127m deal
William Penn Bancorporation shareholders will receive 0.426 shares of Mid Penn Bancorp common stock for each share they hold in William Penn
Completion of acquisition of Tesco’s retail banking business
The acquired business includes credit cards, unsecured personal loans, deposits and the operating infrastructure which, following completion of the acquisition, will continue to be operated under the ownership and management of Barclays UK
BNP Paribas’ Q3 2024 net income increases by 5.9% to €2.87bn
The French bank’s total revenues amounted to €11.94bn in the reported quarter that ended 30 September 2024
JP Morgan affiliates to pay $151m to resolve SEC enforcement actions
The SEC did not impose a penalty in one of the actions, taken against JPMS, because JPMS cooperated in the investigation and undertook remedial measures
Visa posts 14% increase in Q4 FY24 GAAP net income
The digital payments company also witnessed a 12% growth in its revenue for the reported quarter that ended on 30 September 2024 to $9.6bn
Mastercard launches new gen AI digital assistant capabilities to enhance customer value
Databricks partnership will support rapid build of gen AI-powered knowledge agent tools