Tag: Financial Services/Finserv

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UK signs financial services cooperation agreement with EU

The UK and EU have signed a financial services cooperation agreement to establish a constructive and mutually beneficial relationship in the financial sector. FactsUK...

Capital Union Bank taps Avaloq for new online banking platform

Bahamas-based Capital Union Bank has chosen Avaloq's Web Banking solution to power its new online banking platform. The bank aims to provide enhanced control...

Orange in exclusive negotiations with BNP Paribas as it looks to exit retail banking market

French telecommunications giant Orange Group is in exclusive negotiations with BNP Paribas to transfer its Orange Bank customers and exit the retail banking market....

Visa to acquire payments and banking platform Pismo for $1bn

Visa, the payments giant, has announced its plans to acquire Brazilian issuer processor and core banking platform, Pismo, for $1 billion in cash. This...

CaixaBank launches FXWallets service for international payments

Spain's CaixaBank has launched FXWallets, a virtual account service that enables companies to send and receive international payments in over 50 currency pairs. It...

Robinhood reportedly laying off 7% of staff in fresh round of job cuts

US stock trading app Robinhood is reportedly laying off around 150 staff, which accounts for 7% of its full-time employees. This marks the third...