Westpac New Zealand admits to customer overcharges
Westpac New Zealand, the local unit of Australian lender Westpac, has admitted to misleading representations that led to customer overcharges…
24 Dec 2024
Cofece approves BBVA’s acquisition of Sabadell’s Mexican units
BBVA has received the green light from the Mexican Federal Economic Competition Commission (Cofece) for its proposed acquisition of Banco De Sabadell’s (Sabadell) shares in various subsidiaries in Mexico. In…
24 Dec 2024
iProov discovers significant dark web operation focused entirely on KYC bypass methods
iProov has uncovered a significant dark web operation focused entirely on KYC bypass methods, as detailed in its Quarterly Threat Intelligence News Update for Q4 2024. This discovery, which represents…
23 Dec 2024
National Bank gets final nod for $3.47bn Canadian Western Bank acquisition
National Bank of Canada has secured the final approval from the Minister of Finance to proceed with its acquisition of Canadian Western Bank (CWB). This acquisition, valued at C$5bn ($3.47bn),…
23 Dec 2024
CFPB sues JPMorgan, BofA, Wells Fargo over failures to prevent Zelle fraud
The US Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo for allegedly failing to protect consumers from “widespread fraud” on…
23 Dec 2024
Siraj Finance partners with Azentio
Siraj Finance, an Islamic Finance Company in the UAE, has signed an agreement with Azentio, a core banking technology services provider. The agreement represents the collaboration for the implementation of the…
20 Dec 2024
US fintech Chime confidentially files for IPO
San Francisco-based fintech Chime Financial has confidentially filed its initial public offering (IPO) with the US government, BNN Bloomberg reported citing undisclosed sources. As per the sources, the exact timing of…