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Partnerships
Access Bank and Visa partner to facilitate B2B cross-border payments
Access Bank to enhance cross-border B2B payments for corporate, commercial, and SME customers using the Visa B2B Connect platform. The collaboration aims to provide efficient, reliable, and secure cross-border payment services and promote commerce across trading corridors. Read More>>
Tonik extends its core banking partnership with Finastra
Finastra has extended its partnership with Tonik to provide core banking capabilities powered by Finastra Essence. The partnership aims to enhance product development and innovation, improve customer experiences, and expand services in their respective industries. Read More>>
UnionPay and Lazada enter into a partnership to grow International Online Transactions
This partnership enables UnionPay card acceptance on the Lazada app, expanding payment options for Thai and Southeast Asian customers and boosting transactions on Lazada’s online platform. Read More>>
Centre Setup and Expansion
Metro Bank planning to open its first bank branch in Chester
It plans to convert vacant units on Foregate Street to create 25 new jobs. It will be the bank’s first branch in the Northwest outside of Liverpool and Manchester. Read More>>
Old Mutual opens the 2nd Integrated Financial Services branch
The new branch in Kimathi Street Central Business District is aimed at offering customers a wide range of financial services under one roof, expanding the reach of their holistic financial services approach. Read More>>
Merger and Acquisition
Deutsche Bank completes acquisition of Numis
Deutsche Bank has successfully acquired institutional broker Numis and has introduced a new entity called Deutsche Numis. This move aligns with Deutsche Bank Global Hausbank’s strategy to strengthen its engagement with UK corporations. Read More>>
Executive Movements
Payhippo appoints Dami Olawoye as new CEO, succeeding Zach Bijesse
Olawoye, who previously served as Payhippo’s CFO, brings extensive executive and investment experience, aiming to lead the company’s growth and support small businesses in Nigeria. Read More>>
Peel Hunt appoints Piya Khanna as the new Chief Technology Officer
Peel Hunt UK-based investment bank has appointed Piya Khanna as Chief Technology Officer to oversee technological aspects. Khanna brings 20+ years of experience in technology, product development, and more. Read More>>
New Product Development and Product Launch
Pepper Money launched a RuPay-powered prepaid card
Pepper Money India partnered with NPCI and Pine Labs to launch Pepper Money Dreams Card, India’s first RuPay prepaid card, targeting Tier 2 and emerging cities. The card offers personalized rewards and collaborations with local merchants. Read More>>
Euroclear introduces solution for private market funds
Euroclear has unveiled a new service for private market funds, enhancing its existing offerings. The service, integrated with the Euroclear FundSettle platform, was developed in collaboration with Goji, a fintech specializing in private market funds. Read More>>
Bijlipay launches GeeNee, a smart and affordable point-of-sale device for Indian retailers
The device accepts card payments, processes dynamic QR transactions, and provides voice alerts for static QR payments. Read More>>
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