All articles by BV Swagath
BV Swagath
Halifax says nearly half of all transactions made online in UK since lockdown
British banking brand Halifax said that almost half of all transactions, at 46%, across the UK have been made online…
L3COS proposes to build the world’s first regulated blockchain-based operating system for the Bank of England
L3COS, the only known blockchain platform for the regulated digitalization of economies, today submitted its proposal to the Bank of England to…
Lloyds Banking Group fined £64m by FCA for failures in mortgage arrears handling
The UK Financial Conduct Authority (FCA) has asked the Lloyds Banking Group to pay a fine of around £64m to…
Santander progresses its digital transformation by hiring 3,000 IT professionals worldwide this year
Banco Santander will be hiring 3,000 IT professionals worldwide this year to support its commercial, technological and digital transformation. As…
Germany’s Deutsche Bank announces new international private bank division
Deutsche Bank said that it will create a new international private bank by merging its wealth management and private and…
British Business Bank appoints interim CEO
Catherine Lewis La Torre has been appointed Interim CEO of the Government-owned British Business Bank and will take up the…
Bank of America reportedly acquires 1.5% stake in Emirates NBD
Bank of America has reportedly acquired a stake of 1.51% in Emirates NBD, a Dubai government-owned bank, for AED900m ($245m).…
QR-bill set to be launched in Switzerland
The QR-bill will modernize Swiss payment transactions. From 30 June 2020, invoice recipients will be receiving their first QR-bills instead…
Blackstone slashes takeover bid for NIBC Bank by 25% amid Covid-19 uncertainty
Blackstone Group has lowered its previously announced takeover bid to Dutch commercial bank NIBC Bank by almost 25% amid Covid-19…
Vivid Money launches together with solarisBank and Visa in Germany
Vivid Money, the mobile banking platform to spend, save and invest, today announces its launch together with solarisBank, the tech…