All articles by RanjithKumar Dharma

RanjithKumar Dharma

Riverfront Federal Credit Union selects Lumin’s banking platform

This move is expected to enhance Riverfront’s banking experience with frequent service upgrades and security for members.

Old National to buy Bremer Bank in $1.4bn deal

The move is set to make Old National the third-largest bank in the Twin Cities.

Barclays fined £40m over Qatar capital raise disclosure failings

This follows Barclays’ decision not to challenge the FCA’s proposed actions in the Upper Tribunal.

HSBC halts Russia payments for retail banking customers

The decision follows HSBC’s completion of the sale of its Russian unit in May, after announcing it in June 2022.

Italy’s UniCredit makes buyout offer for Banco BPM

Under the offer, Banco BPM shareholders would receive 0.175 UniCredit shares for each share held.

US sanctions over 50 Russian banks, including Gazprombank

Gazprombank and its subsidiaries in five countries face sanctions under Executive Order 14024.

First Pacific Bank adopts Q2 digital banking platform

The collaboration intends to enhance user experience for bank’s small business and commercial clients in Southern California.

Egypt launches United Bank IPO in IMF-backed sale

United Bank is offering 330 million shares, or 30% stake, at up to 15.6 Egyptian pounds each.

Top Australian banks collaborate with BioCatch to address fraud  

BioCatch Trust enhances existing networks by facilitating real-time risk assessments.

Santander’s digital bank Openbank launches in Mexico

Openbank enters Mexico with the introduction of the Open Debit Account, offering savers a 12.5% annual return.