BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also be opened to other banks. With 17 billion transactions from BNP Paribas and BPCE alone, the processor would be the...
BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday (May 14) at a shareholder meeting, Bonnafé highlighted the economic challenges of cross-border and domestic deals in the industry, dampening...
Zolar, a digital platform for residential solar in Germany, has reportedly raised €100 million (about $109 million) in funding to launch a new financing solution for residential solar consumers. The company’s latest investment came from global financial institution BNP Paribas and brought its total funding to nearly...
For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector, attempting to replace it. However, the inherently anonymous nature of the crypto industry’s web3 technology...
January 10, 2023
Europe’s retail banking sector is battling weak consumer sentiment and the threat of loan defaults. To curb losses and adapt to a difficult consumer credit environment, some European banks have opted to restructure. Most recently, BNP Paribas is reported to be considering different options for a major overhaul of its consumer finance unit. The news […]
August 17, 2020
The COVID-19 pandemic has made businesses and banks race to find solutions for immediate problems in recent months, but these firms must also consider how the pandemic could affect their...
September 04, 2017
Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe and North America now supported and South America...
July 10, 2024
French banking group BNP Paribas has formed a partnership with AI firm Mistral. The agreement, announced Wednesday (July 10), is a multiyear partnership that provides access to Mistral’s current and future commercial artificial intelligence (AI) models across the bank’s business lines. The two companies have had a relationship since last year, when Parbias’ global markets […]
June 13, 2024
BNP Paribas and BPCE have partnered to create a payment processor that would handle all card payments from the two banks in Europe and could also be opened to other banks. ...
May 14, 2024
BNP Paribas CEO Jean-Laurent Bonnafé reportedly expressed skepticism about the potential for a revival of mergers and acquisitions (M&A) activity in European banking. Speaking Tuesday (May 14) at a shareholder...
April 08, 2024
Zolar, a digital platform for residential solar in Germany, has reportedly raised €100 million (about $109 million) in funding to launch a new financing solution for residential solar consumers. The...
