All articles by BV Swagath

BV Swagath

SoFi to acquire online brokerage firm 8 Securities to foray into Hong Kong

US online personal finance company Social Finance (SoFi) has agreed to acquire the parent of online brokerage firm 8 Securities…

UnionPay International launches its content and service platform to build “Pay+” digital ecosystem

UnionPay International (UPI) has launched a new Content & Service Platform (UCSP), establishing a “Pay+” digital ecosystem in partnership with…

Standard Chartered, Astra to sell stake in Bank Permata at reduced price

Standard Chartered and Astra International have reached an agreement with Bangkok Bank to sell their combined stake of 89.12% in…

Global fintech platform NIUM partners with Geoswift to enable overseas customers to remit funds into China

Global fintech platform NIUM has partnered with Geoswift, an innovative payment technology company connecting China and the rest of the…

Credit Suisse gets approval to take majority stake in Chinese securities JV

Credit Suisse has secured approval from the China Securities Regulatory Commission (CSRC) to become a majority shareholder in Credit Suisse…

FreedomPay integrates with Google Pay to support next level eCommerce payments

FreedomPay, a leading consumer-centric commerce platform has integrated support for Google Pay, the fast, simple and secure way to pay…

Wells Fargo reports 89% drop in Q1 2020 net income

Wells Fargo has reported an 89% drop in its net income at $653m for the first quarter 2020 (Q1 2020)…

Goldman Sachs, Governor Greg Abbott of Texas, LiftFund announce $50m in loans for Texas small businesses

Texas Governor Greg Abbott today announced that Goldman Sachs and the LiftFund, along with other community development financial institutions (CDFIs),…

Westpac expects to take $920m charge to 1H20 earnings

Westpac Banking expects a charge of at least AUD1.43bn ($920m) after tax to its first half 2020 (1H20) earnings owing…

TurnKey Lender launches intelligent software for SBA paycheck protection programme loans processing

TurnKey Lender, a provider of unified lending management software for evaluating borrowers, decision-making support, and digital lending process automation joins…