Tag: banking

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Octo3 merges with fintech solutions provider Evantagesoft to launch new FTS.Money brand in Asia

Octo3 and Evantagesoft (EVS) Merge to Form FTS.Money Key Points:Merger and New Brand:Companies Involved: Payment infrastructure firm Octo3 and banking technology solutions provider...

WesBanco snaps up Ohio’s Premier Financial in $959m all-stock deal

WesBanco to Merge with Premier Financial Corp in $959 Million Deal Key Details:Merger Agreement:Parties Involved: West Virginia-based WesBanco and Ohio-based Premier Financial Corp...

Revolut secures UK banking licence with restrictions, enters mobilisation stage

Key Points:Licence Acquisition:Revolut has secured a UK banking licence with restrictions from the Prudential Regulation Authority (PRA). The company is now in...

Morgan Stanley buys stake in UK business payments start-up Sokin

Key Points:Acquisition Details:Morgan Stanley has acquired a significant stake in Sokin, a UK-based business payments start-up. Transaction led by Morgan Stanley Expansion...

FCA issues new guidelines to ensure cash access for consumers and small enterprises

Key Points:Objective:Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts.Implementation Date:New guidelines take...

Kenya’s Diamond Trust Bank taps Network International for digital payment solutions

Summary of Diamond Trust Bank (DTB) and Network International Partnership Entities: Diamond Trust Bank (DTB, Kenya) and Network International (digital payments company serving MEA region) Key...