In today’s top news in digital-first banking, open banking provider Fabrick is collaborating with instant payments company Nets, while Societe Generale and Credit du Nord have approved a plan to combine their retail banking operations. Plus, Social Finance (SoFi) is reportedly in talks about selling...
Societe Generale (SocGen) and Credit du Nord, both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. 7) press release. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation...
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 […]
December 07, 2020
Societe Generale (SocGen) and Credit du Nord, both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. 7) press release. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation catering to individuals. The release said that, “from a financial […]
