In a significant development for European banking, Snappi, the innovative Greek neobank, has successfully obtained a universal banking license from the European Central Bank (ECB). This landmark achievement was supported by the Bank of Greece and marks the beginning of Snappi’s ambitious plans to redefine financial services in the region. The newly acquired license empowers […]
Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced a significant partnership with Burgan Bank, one of Kuwait’s leading commercial banks. This strategic alliance aims to overhaul Burgan Bank’s core banking technology using the TCS BaNCS solution, a move set to enhance the bank’s operational efficiency and customer […]
Ujjivan Small Finance Bank Ltd. (BSE: 542904; NSE: UJJIVANSFB), a prominent small finance bank in India, has announced impressive financial results for the fiscal year and the final quarter ending March 31, 2024. The bank demonstrated robust profitability, significant margins improvement, and healthy growth in both customer deposits and loan disbursements. Ujjivan Small Finance Bank […]
Experian, a leading global information services company, has announced its strategic acquisition of illion, one of the premier consumer and commercial credit bureaus in Australia and New Zealand. This move, valued at up to A$820 million (approximately US$532 million), signifies Experian’s intensified commitment to the Australia and New Zealand (A/NZ) market, promising to reshape the […]