Tag: banking

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ClearBank secures new Credit Institution Licence from the ECB to expand into Europe

ECB Credit Institution Licence:ClearBank Europe N.V., the European entity of London-based ClearBank, has been granted a Credit Institution Licence by the European...

Unit secures new embedded finance partnerships with Vantage Bank and Lincoln Savings Bank

Partnerships with Vantage Bank and Lincoln Savings Bank (LSB):Unit has struck deals with Texas-based Vantage Bank ($4.2 billion in assets) and Iowa-based...

CIBC plans to hire for 200 new data and AI roles over the next 12 months

Hiring Initiative:CIBC, Canada’s fifth-largest chartered bank, plans to hire over 200 data and AI professionals within the next 12 months.Strategic Focus:...

UBP snaps up Société Générale’s UK and Swiss private banking subsidiaries in €900m deal

Acquisition Details:UBP, a leading Swiss private bank, has agreed to purchase two of Société Générale's international private banking units for €900 million. ...

NCR Voyix agrees to sell digital banking unit to Veritas Capital for $2.45bn

Sale Agreement: NCR Voyix has entered into a definitive agreement to sell its cloud-based digital banking business to private equity firm Veritas Capital...

Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems

Partnership Announcement: Kuwait-based Boubyan Bank has selected Swiss banking technology vendor Temenos to modernize its core banking systems. Scope of Modernization: The bank...