Canadian Tire reacquires Scotiabank’s 20% stake in its financial services arm in $650m deal
Scotiabank first bought its 20% stake in May 2014 for around $460 million.
Scotiabank first bought its 20% stake in May 2014 for around $460 million.
Goldman Sachs bought the GM credit card business for $2.5 billion in October 2020.
The proposals will target 17 companies who control 88% of the market share.
The challenger bank wants to focus its efforts on its “core markets”, namely Germany, France, Spain and Italy.
Woodhead joins from 10x Banking, where he worked for over five years following a decade-long stint at Barclays.
Hugh founded digital insurance platform Brolly in 2016, which was acquired by Direct Line Group in 2020.
Cora+ leverages generative AI to draw on multiple different information sources to answer customer queries.
We chat with iGTB CEO Manish Maakan about how banks can adapt their strategies to meet evolving customer needs.
The bank is reportedly planning to close around 250 of its 550 Postbank branches within the next three years.
Tam offers a digital savings account, prepaid cards, student allowance management and local transfer services.
Coop says its “super-app” will provide banking services, payments and pension solutions to its customers.
The licensed electronic money institution will be able to onboard new customers with just a passport.
At Sibos 2023, we sat down with Chris Jameson of Bank of America to discuss the shifting transaction banking landscape.
The South Carolina-based bank is to integrate Allied’s RTP solutions into its Q2 digital banking platform.
Temenos has been gaining a foothold in Vietnam, with 24 other Vietnamese banks now running on the firm’s platform.
The deployment forms part of the bank’s core banking replacement project ‘Cosmos’.
The bank has been running on iMAL since 2010.
As ESG transitions towards a matter of law and compliance, a lack of focus could have very serious consequences.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The consortium consists of funds and accounts managed by KKR, Bayview Asset Management and CardWorks.
At FinovateFall 2023, we spoke with David Porter of Genesys about how banks can enhance their customer experience.
Shah will be responsible for the bank’s IT security and digital channels across various functions.
Nominations for the Banking Tech Awards USA 2024 are open until 9 February.
The deal is expected to close in H1 2024, with HSBC planning to extend offers to “in-scope employees” in China.
Ahmed played a pivotal role in the launch of ARBM’s digital banking offering Rize last year.
The ABN Amro Ventures (AAV) fund is comprised of 15 early-stage companies and has €150m in AUM.
Kamma’s tech will provide a “deep review” of the climate impact of Atom’s mortgage and lending activities.
It will position itself as a retail bank offering digital financial services to boost financial inclusion in Pakistan.
In this episode of the podcast, we’re joined by Andrea De Gottardo, CEO of UK digital bank Kroo.
HSBC previously invested $10 million in Nova Credit’s Series B round in September 2022.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
As CTO, Panchal will be tasked with overseeing TSB Bank’s data and payments functions.
This year’s FinovateFall conference aims to solve how incumbents can achieve digital acceleration.
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
This latest funding brings the total amount of capital raised by the bank to £530 million.
UK consumers lost a total of £177.6 million to impersonation scams last year.
BianRosa is to assume a position on the bank’s supervisory board from this month.
Aris Bogdaneris joins from ING to oversee Scotiabank’s digital banking business Tangerine.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The US bank first bought a stake in C6 in June 2021.