All articles by Valentina Romeo

Valentina Romeo

US Bank launches mobile photo balance transfer

US Bank, the fifth largest bank in the US by assets, has launched a credit card balance transfer feature in its mobile app, aiming to attract a younger audience.

Monte Dei Paschi aims to reach €900m profit by 2017

Historic Italian bank Monte Dei Paschi has announced a tough restructuring plan aimed at restoring profitability and reaching ambitious €900m ($1.2bn) in net profits by 2017.

FIS launches cloud-based service for Central and Eastern Europe

US-based provider of banking and payments technology FIS has launched its cloud-based real-time core banking software for mid-tier banks in Central and Eastern Europe.

MasterCard adds more merchants to MasterPass

MasterPass, the digital platform from MasterCard, has been adopted by new UK merchants and markets including Beyond the Rack, Currys, lastminute.com, Newegg and PC World.

VTB Bank sells 10%s stake in Societe Generale’s Rosbank

Russia’s second-larget bank by assets VTB has agreed to sale its stake of 10% in Societe Generale’s Russian unit Rosbank, the bank confirmed today.

CIBC issues Aventura reward cards

Canadian Imperial Bank of Commerce (CIBC) has launched Aventura, a new travel rewards credit card, in an attempt to grow its travel market and boost competition among the other lenders.