All articles by Satarupa Bhowmik
Satarupa Bhowmik
Bank of England explores alternatives to card payments – report
BoE is creating panels to take evidence from stakeholders both inside and outside the financial sector.
FICO, Tech Mahindra form global alliance to speed AI decisioning for banks
Under the agreement, Tech Mahindra will set up a dedicated Centre of Excellence (CoE) focused on the FICO Platform.
Trump calls for 10% cap on credit card rates
The cap is intended to take effect on 20 January, coinciding with the one-year anniversary of Trump’s return to the White House.
Synovus and Pinnacle finalise $8.6bn merger
The merged entity is said to be the “highest-performing regional bank” focused on the “fastest-growth markets” in the Southeast.
Alkami launches Digital Banking Conversion Toolkit for financial leaders
The new toolkit aims to assist bank and credit union leaders throughout each phase of their digital banking conversion process.
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NOBA targets Nasdaq Stockholm listing with $3.74bn valuation
NOBA becomes the second major Swedish financial group to seek a public listing this year, following Klarna’s New York debut.
Starling Bank reportedly plans secondary share sale targeting £4bn valuation
The bank has enlisted investment banks, including Morgan Stanley and Rothschild to assist with the sale process.
NAB to cut over 400 jobs amid sector-wide layoffs
NAB noted that the job cuts intend to streamline team structures.
ANZ Group reportedly plans potential reduction of 5,000 jobs
Capital Brief reports that the proposed cuts could affect around 2,000 positions in the retail sector.
Deutsche Bank reportedly initiates sale of retail banking assets in India
The bank has contacted both domestic and international financial institutions to request bids for its retail assets.