Wednesday, January 23, 2019
Financial Institution Services

Financial Institution Services

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...

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...

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...

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...

The Future of Financial Services Authentication

According to Acuity Market Intelligence, financial service organizations that want to reap the benefits of the digital revolution to improve security, reduce friction, lower costs, and attract the most desirable customers, will adopt...

Danish payments processor Nets close to $5bn buyout

Nets, the largest payments processor in Scandinavia, is rumoured to be close to a private equity buy-out that would value the company at more than bn, according to a report from the Financial...

Chairman of Pilatus Bank says Private Banking is staging a comeback with a disruptive...

Pilatus Bank is one of the most exclusive banks in Europe, and its Chairman, Seyed Ali Sadr Hasheminejad, believes Private Banks finally have the tools and business models to expand their world-class services to...

Toyota Financial Services Offers Payment Relief to Customers Affected by Hurricane Harvey

Toyota Financial Services (TFS) announced it is offering payment relief options to its customers affected by Hurricane Harvey. This broad outreach includes any Toyota Financial Services (TFS) or Lexus Financial Services (LFS) customer in the...

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...

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