UniCredit completes acquisition of 90.1% stake in Alpha Bank Romania
UniCredit says it will now commence a “gradual integration” of Alpha Bank Romania into UniCredit Group.
UniCredit says it will now commence a “gradual integration” of Alpha Bank Romania into UniCredit Group.
Our pick of the top fintech news stories this week includes UniCredit, Westpac, Mastercard and more.
Of the stake, 4.49% was purchased from the Federal Republic of Germany for $775 million.
FinTech Futures takes a look back at five of the top M&A deals in July.
Our pick of the top fintech news stories this week includes Revolut, UniCredit, Modulr and more.
The deal includes the entire share capital of both companies and is expected to close in Q4 2024.
The appointments signal a shift into the next phase of UniCredit’s development.
The multi-year arrangement aims to deliver a single card multi-market strategy of significant scale.
Collaboration has driven considerable innovation in the international payments market in recent years.
Payments network aims to make things easier for small businesses.
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
Jean Pierre Mustier calls it quits after butting heads with board.
The fintech will allow the bank to serve more clients in and outside of Europe.
Groupe BPCE has been one of Meniga’s largest customers since 2018.
PayKey is a social app payments integrator, and equensWorldline a pan-European payments processor.
Italian bank kicks off its three-year plan.
The bank wants to reach a 2023 revenue target of €19.3 billion.
The data leak stems from a four-year old file.
Schemes like Request to Pay will change the game, says panel.
The fintech offers ‘dynamic discounting’.
Assessing the potential benefits of joining several digital platforms to form a “network of networks”.
Designed to smoothen out real-time payments in Europe.
Advisory board blends internal and external specialists.
UniCredit and ING Ventures are keen investors and partners.
Prototype has now been built and will go live in two months in Serbia.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
A retailer-to-retailer transaction between Germany and Spain.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The biggest personal finance management (PFM) deal in Europe to date.
Smartphone-only bank was slated to open its doors in early 2017.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Italy’s largest bank UniCredit has been the victim of a security breach due to unauthorised access through an Italian third-party provider to customer data – with up to 400,000 customers potentially affected. The incident is confined to Italy and relates to personal loans only. The bank says a first breach seems to have occurred in […]
The agreement between Alipay and UniCredit has now entered the operational stage. Technological infrastructure for this has been provided by SIA.
Seven European banks – Deutsche Bank, HSBC, Natixis, KBC, Rabobank, Société Générale and UniCredit – have agreed in principle to develop a blockchain-based shared platform for domestic and international commerce for SMEs.
Look back at some of the major payments projects in 2016, with Banking Technology’s top ten.
Italy’s largest bank UniCredit plans to raise €13 billion and axe 14,000 jobs over the next two years as it looks to get its finances in order. Along with the job cuts, which amount to about 11% of its workforce, UniCredit will shut down about 25% of its 3,800 branches. It also aims to use […]
Alipay, one of the world’s largest online and mobile payment platforms, has inked deals with BNP Paribas, Barclays, UniCredit, and SIX Payment Services to drive the European expansion.
UniCredit will launch “Buddybank”, a bank project exclusively designed for smartphones, in early 2017 in Italy. Buddybank will offer current accounts, credit/debit cards and “contextual” and instant personal loans, as well as a 24/7 concierge service, accessible via chat and phone, that “can help with everyday tasks such as restaurant reservations, taxi booking and travel […]
Commerzbank London and UniCredit have “successfully” processed the first UK Bank Payment Obligation (BPO) live transaction. The banks say with the backing of the ICC Banking Commission and Swift, there has been a “growing demand for, and an increasing number of”, BPO transactions, as a “proven” digital settlement tool. Raphael Barisaac, global head of trade […]
Unicredit is selling its e-money processing unit to payments vendor SIA. The unit – part of Unicredit Business Integrated Solutions (UBIS) – processes around 13.5 million payment cards and manages 206,000 POS terminals and 12,000 ATMs in Italy, Germany and Austria. SIA has also got a ten-year outsourcing contract from UBIS for the supply of […]