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UniCredit and Alpha Services and Holdings Announce Completion of Acquisition of Majority Stake by UniCredit in Alpha Bank Romania

UniCredit S.p.A. ("UniCredit") and Alpha Services and Holdings S.A. ("Alpha") announce that, having received approvals from all relevant authorities and following completion of the due diligence process, UniCredit has acquired from Alpha International Holdings S.M.S.A., 100% subsidiary of Alpha, a 90.1% stake in Alpha Bank Romania S.A. ("Alpha Bank Romania") in consideration of (i) 9.9% of the share capital of UniCredit Bank S.A. ("UniCredit Romania") and (ii) circa Euro 255 million in cash.

Friday, November 8, 2024 - 14:41
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/news/investment/unicredit-and-alpha-services-and-holdings-announce-completion-acquisition-majority
Financial IT
Ebury Expands Its Presence in International Football with C.D. Leganés Sponsorship

Ebury, the global financial technology firm, is delighted to announce that is has become the new “Official FX Partner” of notable Spanish football club, C.D. Leganés. 

Ebury offers a range of international trade services across payments and collections, FX risk management and strategies in over 130 currencies for major and emerging markets, cash management strategies and business lending.

Friday, November 8, 2024 - 14:36
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/news/infrastructure/ebury-expands-its-presence-international-football-cd-leganes-sponsorship
Financial IT
Alchemy Pay Expands U.S. Compliance with Four New Money Transmitter Licenses

Alchemy Pay, a world-leading fiat-crypto payment solutions provider, is excited to announce that it has secured 4 additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These new licenses bring Alchemy Pay's total to 8 U.S.

Friday, November 8, 2024 - 14:32
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/news/money-transfers/alchemy-pay-expands-us-compliance-four-new-money-transmitter-licenses
Financial IT
Kemba Credit Union Launches Alkami's Digital Banking Platform for Retail and Business Members

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that 

Friday, November 8, 2024 - 14:26
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/news/digital-banking/kemba-credit-union-launches-alkamis-digital-banking-platform-retail-and
Financial IT
Wealth Management Firms Expected to More Than Double AI Budgets: Wipro Survey

Wipro Limited, a leading technology services and consulting company, today unveiled insights from its report, "AI in Wealth Management: Navigating an Evolving Data-Driven Landscape". The report, based on a survey conducted among 100 executives in the U.S., examines how artificial intelligence (AI) is changing the wealth management landscape and emphasizes the importance of strategic investments in technology infrastructure. It also highlights the role of talent and effective governance in leveraging AI to drive competitive edge.

Friday, November 8, 2024 - 14:24
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/news/wealth-management/wealth-management-firms-expected-more-double-ai-budgets-wipro-survey
Financial IT
Caruso and Fidel API Renew Partnership to Enhance Consumer Experience with Innovative Card-Linked Offers

Caruso, one of the largest and privately held real estate development and hospitality companies in the United States, and Fidel API, the global leader in card-linked offer technology, are excited to announce the renewal of their partnership. This collaboration aims to provide Caruso’s guests with seamless access to tailored rewards and offers, enhancing the shopping experience across the company’s premier retail destinations in California.

Friday, November 8, 2024 - 14:21
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/news/it-innovations/caruso-and-fidel-api-renew-partnership-enhance-consumer-experience-innovative
Financial IT
TD Integrates with TouchBistro to Provide Payment Solution to Canadian Restaurant Owners

TD Bank Group (TD) is pleased to announce a collaboration with independent software vendor, TouchBistro, enabling Canadian restaurant and food service entrepreneurs to consolidate all management and payment services into one, easy to use POS and restaurant management system. Available to all TD customers, TouchBistro provides restaurateurs with everything they need to drive sales and streamline operations through their comprehensive suite of front of house, back of house, and guest engagement technology.

Friday, November 8, 2024 - 14:18
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/news/payments/td-integrates-touchbistro-provide-payment-solution-canadian-restaurant-owners
Financial IT
Strengthening Consumer Protection: New PSR Rules on APP Fraud

The Payment Systems Regulator (PSR) introduced new rules aimed at tackling the rising threat of Authorised Push Payment (APP) fraud. For banks and financial institutions, this regulatory shift is more than just an obligation—it’s a moment to lead, innovate, and enhance customer trust. 

In the fight against online banking fraud, this regulatory update highlights the critical need for financial institutions to harness shared threat intelligence, fostering a unified and stronger defence against emerging threats.

Friday, November 8, 2024 - 14:14
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/news/fraud-detection/strengthening-consumer-protection-new-psr-rules-app-fraud
Financial IT
PayPoint and Share Energy Partner to Improve Customer Payment Services

PayPoint and Northern Ireland electricity supplier, Share Energy, are pleased to announce a new partnership that will provide pre-payment customers with convenient payment solutions available immediately at PayPoint locations.

The partnership means all pre-payment Share Energy customers can now top-up their electricity meters in any one of PayPoint’s 1,167 stores in Northern Ireland.

Friday, November 8, 2024 - 12:16
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/news/payments/paypoint-and-share-energy-partner-improve-customer-payment-services
Financial IT
British Business Bank Appoints Chief Investment Officer and Managing Partner for New British Growth Partnership

The British Business Bank, the UK’s economic development bank, has appointed Leandros Kalisperas as its first Chief Investment Officer, with responsibility for all of the Bank’s investment activities. 

Friday, November 8, 2024 - 12:12
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/news/people-moves/british-business-bank-appoints-chief-investment-officer-and-managing-partner-new
Financial IT

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