Crédit Mutuel Arkéa announces a strategic partnership project with My Money Group as part of the planned acquisition of HBCE's retail banking business in France
Crédit Mutuel Arkéa today announced a strategic partnership project with My Money Group. Through this partnership, Crédit Mutuel Arkéa would operate the IT activities of HBCE's retail banking business in France, for which My Money Group has announced the signature of a memorandum of understanding with a view to its acquisition.
Through this proposed strategic partnership, My Money Group would entrust to Crédit Mutuel Arkéa the IT activities of HBCE's retail banking business in France, which My Money Group intends to acquire from HBCE. This proposed acquisition remains, at this stage, subject to the approval of the regulatory and competition authorities, and to the opinion of the employee representative bodies
BtoB: Arkéa sets up a long-term partnership with Axa Banque
The Arkéa group, in particular through its subsidiary Arkéa Banking Services (ABS}, announces a long-term partnership with AXA Banque, a subsidiary of AXA France, which has entrusted it with the management of part of its activities.
On 1 October, AXA Banque will transfer its IT activities and part of its back-office activities to Arkéa Banking Services. Nearly 180 AXA Banque employees will then join Arkéa Banking Services, the Arkéa group subsidiary dedicated to white label services.
This partnership will support the growth of AXA Banque, a strategic asset for AXA France and its networks. Customers and networks will benefit from new innovations and an excellent level of service quality. Arkéa's recognised experience and technical expertise in retail banking will drive a new dynamic for AXA Banque, its network and its customers.
Frédéric Diverrez, member of Arkéa's Executive Committee in charge of BtoB activities, comments: "The signing of this long-term partnership with AXA Banque follows on from a collaboration initiated in 2015 by Monext, a subsidiary of the Arkéa group specialising in electronic banking. The Arkéa group's teams are enthusiastically committed to supporting AXA Banque in the transformation of its operating model. For 10 years, Arkéa Banking Services has been putting its experience and technical expertise at the service of financial institutions, insurers and fintechs to enable them to focus on two priority issues: their core business and customer relations, with the assurance of benefiting from the latest innovations and proven service quality. »
Frédéric Diverrez is appointed Head of the BtoB and specialised services Division of the Arkéa group
Frédéric Diverrez, 49, takes over the management of the division in charge of BtoB activities and specialised services at Arkéa, and joins the Executive Committee of the cooperative and territorial banking group. Since 2017, he was Chairman of the Executive Board of Monext, the group's subsidiary specialising in electronic payments. Frédéric Diverrez succeeds Tarak Achich, who has chosen to leave the group to devote himself to a new project.
Arkea announces the acquisition of net‐m privatbank 1891 to serve its clients’ growth in Germany
Arkea Banking Services, the subsidiary of Arkea Group dedicated to white‐label banking services, and Docomo Digital Germany GmbH enter this day into an agreement subject to conditions precedents to acquire 100% German bank Net‐m privatbank 1891. Net‐m privatbank 1891 is a German digital bank which enables its partners to provide financial services to their clients. Arkea Banking Services, a subsidiary of Arkea Group, is a French bank created in 2010, building and managing banking solutions for banking institutions, payment institutions and fintechs.
Railsbank announces Arkéa Banking Services as first partner
Railsbank debuts open banking and compliance platform and announces Arkéa Banking Services as first partner. Platform gives access to global banking with 5 lines of code allowing companies to significantly reduce time to scale and revenue business internationally.