Banking
Barclays acquires Tesco Bank for £600m
Barclays Bank is set to acquire the retail banking business of UK supermarket Tesco for £600 million.
The deal includes taking over Tesco's...
Banking
Germany’s Commerzbank taps Surecomp to revamp trade finance back office
Commerzbank has chosen Surecomp, a Canadian trade finance solutions provider, to automate its trade finance business's back-office processing capabilities.
The Frankfurt-based bank has...
Banking
India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service
PayU, an Indian payment services vendor, has migrated its credit solution LazyPay to Thought Machine's core banking technology, specifically the Vault Core platform.
...
Banking
Nepal Clearing House selects ACI Worldwide to power National Payment Switch service
Nepal Clearing House (NCHL) has partnered with ACI Worldwide to leverage its enterprise payments platform for its upcoming National Payment Switch (NPS) system.
...
Banking
Westpac taps Dancerace to upgrade its invoice finance operations
Westpac Banking Corporation, an Australian banking giant, has announced a partnership with UK-based software company Dancerace to enhance its invoice finance operations.
The...
Banking
ID Finance lands $150m debt financing headed by i80 Group
Barcelona-based ID Finance has secured $150 million in debt financing from i80 Group to accelerate the growth of its Plazo app.
ID Finance...
AI
Entrust in exclusive talks to acquire ID verification solutions provider Onfido
Data security solution provider Entrust is in exclusive talks to acquire UK-based ID verification tech firm Onfido.
The proposed deal aims to add...
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