Tag: banking
BNP Paribas set to buy French life insurance business Neuflize Vie from ABN Amro and AXA
BNP Paribas Cardif Acquires Neuflize Vie: Key PointsAcquisition Overview:Acquirer: BNP Paribas Cardif.
Acquiree: Neuflize Vie.
Sellers: AXA and ABN Amro.
Parent Companies: Neuflize...
Bank Muamalat signs long-term partnership with Backbase for Engagement Banking platform
Partnership and Platform Details:Partnership: Long-term collaboration with Backbase.
Objective: Launch a digital Islamic banking super-app for retail customers.
Supporting Technologies:Core Banking Platform:...
UK challenger GB Bank lands £85m investment
GB Bank Secures £85 Million Investment: Key PointsInvestment Details:Total Investment: £85 million.
Investors:Hera Holdings: £40 million initially, with an additional £40 million...
JP Morgan Chase commits additional £40m to boost economic growth in the UK
Investment Details:Total Commitment: £40 million over five years.
Overall Investment Since 2019: £90 million.Focus Areas:Financial Health and Careers/Skills Development:Total Allocation: £24...
Cooperative Bank of Oromia in Ethiopia partners Mastercard for prepaid cards and Community Pass
Overview:Entities Involved: Cooperative Bank of Oromia (Ethiopia) and Mastercard.
Agreement: New five-year strategic partnership aimed at boosting digital and financial inclusion in Ethiopia.Key...
Cache Valley Bank in front-to-back office tech revamp with Finastra
Bank Overview:A community bank with $2.9 billion in assets.
Serves Utah and Southern Idaho, USA.Modernization Effort:Upgrading front-to-back office technology with Finastra’s solutions.
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