Deutsche Börse set to take over wealthtech firm SimCorp
Deutsche Börse is set to finalize its €3.9 billion acquisition of SimCorp, a Danish investment management software company, with plans to delist SimCorp from...
SEC hands $25m penalty to Deutsche Bank subsidiary for AML violations and ESG “misstatements”
The US Securities and Exchange Commission (SEC) imposes a $25 million penalty on DWS Investment Management Americas Inc. (DIMA), a subsidiary of Deutsche Bank,...
Singapore’s Grab pulls the plug on investment services citing non-viability
Singapore's super-app Grab is discontinuing its retail investment products, GrabInvest, as they are considered financially unviable.
FactsGrab is winding down its retail investment products,...
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
Bahrain-based Bank ABC is partnering with JP Morgan and the Central Bank of Bahrain (CBB) to introduce a blockchain-based cross-border payment service, aiming to...
Mercedes-Benz drives in-car fuel payments through new Mastercard partnership
Mercedes-Benz has partnered with Mastercard to allow customers in Germany to pay for fuel directly from their cars, offering a convenient in-car payment solution.
Facts...
Fairer Finance appoints Tim Hogg as director to strengthen Consumer Duty expertise
Fairer Finance, a London-based research and ratings agency, appoints Tim Hogg as director to bolster its expertise in the UK's Consumer Duty and enhance...
Santander reorganises structure to streamline operations
Santander's CEO, Hector Grisi, is implementing a major restructuring to enhance operational efficiency and profitability, dividing the bank into five core segments and creating...
Akber Jaffer named as SmartStream’s new CEO
SmartStream, a UK-based financial transaction lifecycle management solutions provider, has named Akber Jaffer as its new CEO, starting from September 19.
FactsAkber Jaffer is...
Lithuanian credit union group Kreda taps Amlyze for AML and compliance services
Kreda has chosen Lithuanian regtech company Amlyze as its preferred provider of anti-money laundering and compliance services, aiming to modernize its compliance standards.
FactsKreda,...
