All articles by BV Swagath

BV Swagath

WeChat Pay now available for overseas users in Mainland China

Tencent’s WeChat Pay has joined forces with global card associations to enable overseas users to link their credit cards with…

ING invests in US regtech firm Ascent

ING’s ability to use technology to improve its approach to regulatory compliance was given a boost today with the announcement…

CIBC to sell 66.7% stake in FirstCaribbean to GNB Financial for $797m

Canadian Imperial Bank of Commerce (CIBC) has agreed to offload 66.73% of its stake in CIBC FirstCaribbean to GNB Financial…

EBRD signs €30m risk-sharing agreement with Albania’s Union Bank

Albanian businesses will benefit from better access to finance as a result of a €30 million unfunded Risk Participation Agreement…

Texan court rules in favour of USAA in patent case against Wells Fargo

A US district court in Texas has ordered Wells Fargo to pay $200m in damages to Texas-based United Services Automobile…

Santander, TIM to create consumer finance joint venture in Italy

Santander Consumer Bank, the Italian affiliate of Santander Consumer Finance, has agreed to create a consumer finance joint venture with…

Apple Pay launched to NatWest business customers

NatWest today brings its business banking customers Apple Pay, which is transforming payments with an easy, secure and private way…

Miami International acquires controlling stake in Bermuda Stock Exchange

US-based Miami International Holdings (MIH) has acquired a controlling stake in the Bermuda Stock Exchange (BSX) for an undisclosed price.…

Apple Pay coming to Rabobank’s customers

Rabobank today brings its Dutch customers Apple Pay, which helps them to make payment in an easy, secure and private…

Wirecard to acquire controlling stake in China’s AllScore Payment Services

Wirecard has signed a deal to acquire Chinese payments technology firm AllScore Payment Services in a deal worth up to…