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BCC Group, BCware and Synadia will jointly develop Web3Link, which the companies say will help banks deploy smart contracts that work with their existing technology and decentralized finance environments.
March 30 -
In global news this week, Apple blocks Russia's Mir network; N26 gets hit with anti-money-laundering penalties in Italy; Santander brings new B2B payments tech to Brazil; and more.
March 30 -
Regional and Community banks face a number of vexing trends including increasing share by the national banks, emerging challenger banks, and accelerating consumer behavior shifts to digital.
March 30 -
In today’s world, consumers expect simple, unified, digital experiences across every aspect of their lives.
March 30 -
The proposed combination of Vermont State Employees Credit Union and New England Federal Credit Union would create a $3 billion-asset institution. Some past leaders worry that the deal will erase one institution's local touch.
March 30 -
Moves by bank lobbyists to try to restrict credit union-bank mergers could wind up depriving many consumers of needed financial services.
March 30 -
Citigroup agreed to sell its India retail banking business for about 123 billion rupees ($1.6 billion) cash to Axis Bank, as the U.S. lender seeks to consolidate its operations in identified markets.
March 30 -
These tech titans still depend on banks to back their payment cards and loans. But their vast audiences mean any financial product they offer is a competitive threat.
March 29 -
The $168 million deal would mark the third acquisition of 2022 for Seacoast and continue a years-long effort to bulk up via M&A.
March 29 -
Climate activists have forced votes this spring on whether big banks should move more aggressively to cut off their financing of fossil-fuel companies.
March 29