Deutsche Bank (NYSE: DB) and Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a new agreement under which the bank will extend one of the largest and longest running vendor contracts in the financial industry.
Facing a challenging economic environment, business payments platform Airwallex has sustained its $5.5 billion valuation in a new $100 million funding round.
HSBC has cut the approval process for new Receivables Finance (RF) customers from one to two months to under 48 hours, using a new technology platform from Trade Ledger
LHV UK is to buy the SME lending business of Manchester-based Bank North, which is winding down its operations after failing to fully capitalise the bank.
Worldline is to provide a means for Indian tourists in Europe to use their domestic payment schemes, the mobile QR-based Unified Payment Interface and card network RuPay, to pay for their shopping over the counter.
OakNorth Bank has acquired a 50% stake in property lender ASK Partners, which has lent in excess of £1bn across over 90 transactions through its online platform.
In the lead up to Sibos 2022, Finextra spoke to Dan Globerson, head of Bank of APIs at NatWest, to explore how he is leading the bank's regulatory commitments in the UK and Europe, driving a culture of API enablement, and collaborating across the industry by establishing standards.