All articles by BV Swagath
BV Swagath
First Defiance to acquire United Community Financial for £383m
First Defiance Financial has agreed to acquire Ohio-based bank holding company United Community Financial in an all-stock deal worth around…
First Data, Visa and Samsung unveil SoftPOS contactless payment solution
Fiserv’s First Data, Visa and Samsung Electronics have joined forces to unveil a new contactless payment terminal solution called Software…
Republic of Serbia to buy shares in Komercijalna Banka owned by EBRD and IFC Capitalization Fund
The Republic of Serbia, EBRD and IFC Capitalization Fund have reached an agreement concerning the sale of 34.58% of the…
SWIFT publishes new API standard for pre-authorisation of funds
SWIFT, a financial messaging services provider, has published a new API standard for the pre-authorisation of funds in a bid…
Elevations Credit Union plans to acquire assets of Cache Bank & Trust
Elevations Credit Union and Cache Bank & Trust (CBT) announce that Elevations intends to acquire the assets of CBT. “We…
IT firm Wipro secures £245m contract from ICICI Bank
IT company Wipro has bagged a seven-year contract worth $300m (£245.3m) to provide a comprehensive suite of services to ICICI…
Mechanics Bank completes acquisition of Rabobank, N.A.
Mechanics Bank today announced the completion of its acquisition of Rabobank, N.A., a subsidiary of Rabobank Group. Mechanics Bank acquired…
Deutsche Bank, BNP Paribas secure Type-A underwriting licence in China
China has granted approval for Type-A lead underwriting licence to global banking giants Deutsche Bank and BNP Paribas. The approvals…
Farmers National Banc to acquire Maple Leaf Financial and Geauga Savings Bank
Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB), the holding company for The Farmers National Bank of Canfield…
Lloyds Bank says more young people cheated by safe account scams
A new study from Lloyds Bank found that more young people, aged 18-34 years, are being cheated into ‘safe’ account…