Monday, March 25, 2019
Financial Institution Services

Financial Institution Services

Finastra provides connectivity to European instant payments infrastructure

Finastra is now able to connect financial institutions to EBA CLEARING’s pan-European instant payments infrastructure via SIAnet   Finastra has successfully completed connectivity testing with SIA, the European leader in payment infrastructure and services, to provide...

UAE-Based Fintech Start-Up Secures $700K Investment to Advance Financial Services Access for Underserved Migrant...

NOW Money has secured an investment of 0,000 from two U.S.-based venture capital investors – Accion Venture Lab, the seed-stage investment initiative of financial inclusion leader Accion, and Newid Capital. Both Accion Venture Lab and Newid Capital...

Scotiabank to Acquire 51% of Banco Cencosud in Peru and Enter Into Partnership Agreement

Scotiabank today announced its Peruvian subsidiary, Scotiabank Peru, has reached an agreement with Cencosud Peru to acquire a 51% controlling interest in Banco Cencosud, which offers credit cards and consumer loans in Peru, for approximately...

Hong Kong prepares for a new era of ‘smart banking’

The governor of Hong Kong's central bank has spelled out a series of up-and-coming reforms - from the introduction of faster payments to open API standards - intended to prepare the territory for...

Paxful Expands Investment in Africa with Launch of Nigerian Blockchain Incubator Hub

Peer-to-Peer Bitcoin Marketplace also Appoints a Regional Director of Africa Paxful, a global leader in peer-to-peer bitcoin technology, today announced that it will build a blockchain technology incubation hub in Lagos, Nigeria, as part of its...

Bahrain to open dedicated fintech hub

The Bahraini Government and the region's Central Bank are backing the creation of a new fintech hub in a 10,000 square metre space overlooking the waters of Bahrain Bay and the Arabian Gulf. Scheduled...

EQT Real Estate Acquires Mixed-use Property in Central Stockholm

EQT Real Estate acquires 9,100 sqm mixed-use property in Stockholm for approximately SEK 345 million (EUR 33 million) before adjustment for latent capital gain taxes The EQT Real Estate I fund ("EQT Real Estate")...

ABN Amro to debut digital wealth management business in Germany

ABN Amro is moving into the robo-advisory space, preparing for the launch of a new digital wealth management platform in Germany. The new endeavour, dubbed Prospery, was unveiled as the bank presented its Q3...

Major Investment in Europe’s AI Tech Scene: Starmind closes $ 15 Million Financing Round

Successful closing of growth financing round with Digital+ Partners, a leading growth equity investor Starmind International AG, one of Europe's leading AI Tech company building self-learning networks to access human expertise, today announced the closing of...

BNP Paribas buys stake in SME credit specialist Caple

BNP Paribas Asset Management (BNPP AM) has bought a 10% stake in a new alternative SME credit specialist called Caple as part of a wider strategic alliance. Caple is looking to fill the European...

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