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Cloud computing giants under scrutiny from Financial Services regulators
The UK’s Prudential Regulation Authority (PRA), which oversees financial stability, is to take steps to bolster banks on the cloud. Data storage...
JCB expands partnership with Planet for European merchants
JCB International and Planet have announced the expansion of their European partnership. This new deal ensures Planet will perform as...
Worldline acquires 80% of Eurobank merchant acquiring unit
Eurobank, one of the four largest lenders in Greece, has announced it entered into a binding agreement to sell 80%...
Japanese mega consortium set to test Yen based digital currency
A consortium of 70 Japanese firms, including the country’s three largest banks, says it will aim to launch a yen-based...
Unionpay signs agreement with Nets to expand acceptance across Nordics
UnionPay, the card scheme with the world’s largest cardholder base, has announced that it has signed a new market development...
Banking Circle improves speed and reduces cost for businesses tapping into Danish market
B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing...
Europe’s banks return to fees as profits drop in 2021
At Spain’s Caixabank most customers visiting a branch for a service they could access online will now have to pay €2...
HSBC is working with Oracle to launch Banking as a Service
HSBC is to launch a Banking as a Service (BaaS) offering that will enable customers to create and provide business...