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Open Banking selects ForgeRock to offer cloud-based reference bank application
ForgeRock, a platform provider of digital identity management solutions, has been selected by the Open Banking Implementation Entity to provide a Reference Bank Application, which will be used by banks and third parties to develop their own applications in accordance with Open Banking standards.
Banking Services > Commercial Banking > News
Scotiabank to buy BBVA Chile for $2.2bn
By BBR Staff Writer
Canada-based Scotiabank has agreed to purchase 68.19% stake in BBVA Chile from Banco Bilbao Vizcaya Argentaria (BBVA) for around $2.2bn.
Banking Services > Commercial Banking > News
Heartland Financial USA to acquire Signature Bancshares
Heartland Financial USA has agreed to acquire Signature Bancshares (Signature) from its parent company Signature Bank.
Banking Services > Commercial Banking > News
China Everbright Bank selects Wolters Kluwer's OneSumX for regulatory reporting
China Everbright Bank (CEB) has selected Wolters Kluwer’s OneSumX Regulatory Reporting to provide its regulatory reporting software for its Luxembourg operations.
Banking Services > Commercial Banking > News
Nordea to slash 6000 jobs to reduce costs
By BBR Staff Writer
Swedish bank Nordea is planning to cut around 6000 jobs, in a bid to reduce costs and focus more on digital transformation.
Banking Services > Commercial Banking > News
TBK Bank acquires nine Independent Bank branches
Triumph Bancorp's subsidiary TBK Bank has closed its acquisition of nine branch locations in Colorado from Independent Bank, a subsidiary of Independent Bank Group.
Banking Services > Commercial Banking > News
MutualFirst Financial, Universal Bancorp enter into merger agreement
MutualFirst Financial and Universal Bancorp have entered into a definitive agreement under which Universal will be merged into MutualFirst, with MutualFirst being the surviving entity.
Banking Services > Commercial Banking > News
Chime secures $18m in Series B financing round
Chime, which helps members avoid fees and automate their finances, has secured $18m in Series B financing, led by global venture fund Cathay Innovation.
Banking Services > Commercial Banking > News
Home BancShares closes acquisition of Stonegate Bank
Home BancShares, the parent company of Centennial Bank, said that its previously announced definitive agreement and plan of merger to acquire Stonegate Bank and its issuance of Home common stock to the shareholders of Stonegate in connection with the acquisition were approved by the shareholders of Stonegate and Home, respectively.
Banking Services > Commercial Banking > News
IndusInd Bank, BFIL sign exclusivity agreement for merger talks
By BBR Staff Writer
India-based IndusInd Bank has signed an exclusivity agreement with Bharat Financial Inclusion Limited (BFIL) to carry out discussions for a potential merger of both entities.
Banking Services > Commercial Banking > News
KBC to sell Polish subsidiary to PKO Bank Polski Group
Belgium-based KBC Asset Management has agreed to sell 100% of the stake in its Polish subsidiary KBC TFI to PKO Bank Polski (PKO BP).
Banking Services > Commercial Banking > News
People’s Bank to purchase Steelhead Finance
People’s Bank of Commerce and Capital Associates, doing business as Steelhead Finance (Steelhead), jointly announced the acquisition of Steelhead by People’s Bank in a cash and stock transaction.
Banking Services > Commercial Banking > News
Howard Bancorp announces agreement to acquire 1st Mariner Bank
Howard Bancorp and 1st Mariner Bank jointly announced the signing of a definitive agreement and plan of reorganization whereby Howard will acquire 1st Mariner.
Banking Services > Commercial Banking > News
KBank launches new enterprise Letter of Guarantee network based on IBM Blockchain
IBM and Thailand-based KASIKORNBANK Public(KBank) have launched a new enterprise Letter of Guarantee network based on IBM Blockchain.
Banking Services > Commercial Banking > News
Tochka Bank, QIWI agree to partner in small business sector
Tochka Bank and QIWI have agreed on a partnership in the small business sector.
Banking Services > Commercial Banking > News
1-15 of 2681 results