Search Results for: BSI Bank
Citibank refunds $3.3 million to credit card customers
November 9th, 2017
Citibank will refund more than $3.3 million to around 39,500 current and former customers for failing to refund customers when credit card accounts were closed with an outstanding credit balance. Citibank will provide refunds for Citibank, Virgin Money, Bank ...
Toys R Us files for bankruptcy
September 19th, 2017
Toys R Us, facing imminent deadlines to pay off hundreds of millions in debt, said Monday that it has filed for Chapter 11 bankruptcy protection. The move comes on the cusp of the all-important holiday season, a period in ...
China’s Central Bank Is Banning Initial Coin Offerings
September 5th, 2017
Initial coin offerings, or ICOs, are the hot fundraising tactic of the year, giving startups—usually cryptocurrency-related ones—the chance to get funded in exchange for virtual coins rather than company shares. But China isn’t hopping on board. On Monday, the ...
Bank of Russia reveals banking statistics
August 17th, 2017
The Central Bank of the Russian Federation has issued an announcement to publish banking statistics for the first seven months of 2017. Banking sector expands loan portfolio and resource base between January and July this year Banking statistics published ...
European Banking Authority consults on fraud reporting requirements
August 8th, 2017
The European Banking Authority (EBA) launched a public consultation on its draft Guidelines on reporting requirements on statistical data on fraud under the revised Payment Services Directive (PSD2). The Guidelines, which are addressed to payment service providers and competent ...
New South Korean digital bank signs up one million users in five days
August 1st, 2017
South Korean massaging giant Kakao has launched its digital bank, signing up more than one million account holders in its first few days. Kakao Bank says that it would have opened even more accounts if not for delays caused ...
Historic Banking Group replaces PwC with KPMG as external auditor
June 1st, 2017
Bank of Ireland Group ends 27-year PwC audit contract Bank of Ireland Group is to switch auditors at the end of the year naming KPMG as external auditor replacing incumbent PwC, which has held the audit for nearly three ...
Rabobank and Signicat launch Digital Identity Service Provider (DISP)
May 12th, 2017
Rabobank and Signicat are entering the Dutch identity market together by providing digital services to businesses, supporting them in servicing their clients. This joint Digital Identity Service Provider (DISP) offers a range of online login, identity, signature and archiving ...
Swedbank acquires PayEx
May 11th, 2017
Swedbank AB, a Nordic-Baltic banking group based in Stockholm, Sweden, has issued a press release to announce the acquisition of PayEx, a fullservice payment provider in the Nordic region. Through the acquisition Swedbank enters a new market and add ...
Breaking: Saxo Bank announces new shareholder; Key shareholder to own 30% of Saxo Bank
May 5th, 2017
Saxo Bank, a leading multi-asset trading and investment specialist, has issued an announcement today to inform that Lars Seier Christensen, co-founder of Saxo, has received an offer and agreed to sell his stake of 25.71 per cent of the ...
