Tag: Banking industry news
Peoples Bancorp wraps up $292m acquisition of Premier Financial Bancorp
Peoples Bancorp, an Ohio-based financial services holding company, has wrapped up its previously announced $292.3 million acquisition of Premier Financial Bancorp, a West Virginia-based bank ... Read More
Resurs Bank to deploy cloud-based banking platform of Intellect Design
Resurs Bank, a Swedish banking group, is investing nearly SEK 500 million ($57.9 million) in its IT transformation, which includes a new, fully cloud-based banking ... Read More
Infosys to help US-based Frost Bank to launch new mortgage loan product
Infosys has been selected by Frost Bank, a Texas-based chartered bank, for providing strategic business consulting and digital capabilities to enable the latter to offer ... Read More
ICICI Bank enables credit card payments of all banks via iMobile Pay app
ICICI Bank announced that its savings account customers can now instantly pay and manage dues of their credit cards of any bank using its iMobile ... Read More
Wipro partners with First Horizon Bank for cloud migration of VirtualBank
Wipro Limited has forged a partnership with Tennessee-based First Horizon Bank (FHN) for transforming the key banking channels and servicing capabilities of VirtualBank. First Horizon ... Read More
Karnataka Bank launches WisePOSGo swiping machine for merchant customers
Karnataka Bank, an Indian private sector banking group, has launched WisePOSGo, a point of sales swiping machine (POS device) that processes business payments for its ... Read More
India Post Payments Bank, LIC Housing Finance partner to offer home loan products
India Post Payments Bank (IPPB) has announced a partnership with LIC Housing Finance Ltd (LICHFL) for offering home loan products to more than 4.5 crore ... Read More
Standard Chartered’s SCBSL and BetaPlus to create SC Bank Solutions JV in Singapore
Standard Chartered said that its subsidiary SCBSL and BetaPlus, a holding company controlled by Singapore-based NTUC Enterprise, have signed a shareholders' agreement pertaining to their ... Read More
Equitas Small Finance Bank ropes in Rani Rampal and Smriti Mandhana as brand ambassadors
Chennai-based small finance bank Equitas Small Finance Bank has appointed women hockey player Rani Rampal and women cricketer Smriti Mandhana as its brand ambassadors. Rani ... Read More
Bank of India raises Rs 2,550cr through QIP route
Bank of India said that it has raised INR 2,550 crores by issuing over 40.5 crore shares to qualified institutional buyers in a qualified institutions ... Read More
