Silicon Valley Bank (SVB), which was closed by regulators on March 10, has now been taken over by First Citizens Bank.
Lunar and Norwegian Instabank have entered into a transaction agreement on acquisitions and Instabank's Board of Directors has unanimously decided to recommend the offer of 3.75 per share.
Revolut has bought an ePOS system, which will be used in bars, restaurants and other segments of the hospitality industry.
Major players like JPMorgan Chase & Co. and Lloyds Banking Group Plc have expressed interest in buying the challenger Starling Bank Ltd., the Times reported.
Banco Santander has closed an agreement to acquire several specialized technological assets of the bankrupted payment solution provider Wirecard.
The Departement of Justice could sue to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid over competition concerns, the Wall Street Journal reported.
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In this blog, we will explore two exciting developments that have everyone talking about Nubank: its potential for exponential growth in share value and its remarkable expansion to serve more than 90 million customers across Latin America.
By 2030, we can expect digital wallets to become the preferred payment instrument, offering a myriad of non-payment-related services for consumers.
ABN AMRO, one of the leading Dutch banks, has partnered with Tokeny to tokenize a green bond on a public blockchain.
A recent study by Konsentus, a leading open banking-based Software-as-a-Service platform, sheds light on the global spread of open banking initiatives.