All articles by Meghna Mukerjee
Meghna Mukerjee
US Bank offers $15k prize in Facebook challenge
US Bank has launched a Facebook challenge offering $15,000 in prize money to attract owners of small businesses to join US Banks Facebook network and share success stories. The ‘look up with us’ challenge on US Bank’s Facebook page gives customers the option to vote for their favourite success story and connect with other small business owners around the US. To enter the challenge, business owners need to launch the ‘look up with us’ app on Facebook and describe why their business is looking up.
Western Union, SocGen expand remittance deal
Western Union has plans to extend its money transfer service in the international retail banking network of one of the largest financial services groups in Europe, Societe Generale, in new countries across Europe – excluding France – and CIS, Africa and Asia Pacific. Societe Generale International Retail Banking already offers Western Union services in more than 2,500 locations across 25 countries.
Scotiabank strikes $1bn deal with Banco Colpatria
Canada’s third largest lender Scotiabank has struck a $1bn deal for a majority stake in Colombias fifth-largest financial group, Banco Colpatria.
CIT launches online retail bank
US-based commercial lender CIT Group has launched its online consumer bank to help diversify funding sources.
StanChart, MasterCard and Airtel launch virtual payments card
Standard Chartered (StanChart), MasterCard and Airtel Africa have come together to launch a virtual payments card that operates via a mobile wallet.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Citi unveils Facebook top-up app
Citi has unveiled an application for Facebook that allows mobile network operators to accept top-up payments from customers.
Citi’s Q3 results beat analysts forecasts
Citigroup (Citi) has reported third quarter net income of $3.77bn, up 74% than the corresponding period a year ago.
Meezan Bank launches Shariah compliant car financing product
Pakistans largest Islamic lender Meezan Bank has launched Car Ijarah the countrys first interest free car financing based on the Islamic financing mode of leasing or Ijarah.
Sberbank eying up banks in the CEE
Russia’s largest lender by assets Sberbank is not in acquisition talks, but is currently only considering the acquisition of Turkish lender Denizbank, alongside studying all the other assets offered on the Turkish market.