All articles by BV Swagath

BV Swagath

Western Union delivers next evolution of its open banking API for global payments

Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, has deployed full application programming interface (API)…

Flywire to simplify cross-border transactions for Bank of America’s clients

Flywire has launched a new solution to simplify the receipt of cross-border transactions for the higher education and corporate clients…

NXGEN and Payscape acquire BluePay Canada

NXGEN International and Payscape, two premier payments companies recently backed by Parthenon Capital, announced their latest acquisition, BluePay Canada, formerly…

HSBC third-quarter profit before tax down by 18% to $4.8bn

HSBC said that its reported profit before tax for the third quarter of 2019 (Q3 2019) was down by 18%…

Barclays and the Post Office Banking Framework

Barclays has today announced that it will commit to full participation in the Post Office Banking Framework from the renewal…

RBS reports loss in third quarter after taking £900m charge from PPI

Royal Bank of Scotland (RBS) has taken an operating loss before tax of £8m in the third quarter 2019, compared…

Serge Magdeleine has been appointed Director of Digital Transformation and IT at the Crédit Agricole Group

Serge Magdeleine has been appointed Director of Digital Transformation and IT at the Crédit Agricole Group. He will oversee the…

Reliant Bancorp to acquire First Advantage Bancorp for $123m

Reliant Bancorp has agreed to acquire Tennessee-based First Advantage Bancorp in a cash-cum-stock deal worth around $123.4m. Also based in…

Santander InnoVentures leads expansion round for digital mortgage lending platform Roostify

Santander InnoVentures, Santander Group’s fintech venture capital fund, has announced today it is leading an expansion funding round for cloud-based…

UBS Q3 2019 net profit down by 16% to $1.05bn

UBS reported a 16% drop in its net profit at $1.049bn in the third quarter that ended 30 September 2019…