All articles by Satarupa Bhowmik
Satarupa Bhowmik
BPCE reportedly in talks to acquire Novo Banco
Lone Star Funds owns 75% of Novo Banco, with the Portuguese government holding a 25% stake through various entities.
Paragon Bank launches new savings app
The new app seeks to improve the savings experience for UK consumers by tackling the common problem of “current account coasting.”
Marginalen Bank completes migration to Mambu’s cloud banking solution
This transition allows the bank to improve its consumer and business deposit offerings within a modern banking framework.
UK’s FCA partners with Nvidia to help financial firms experiment using AI
The Supercharged Sandbox will offer financial services firms access to Nvidia’s accelerated computing and AI Enterprise Software.
CBA closes stake sale in Bank of Hangzhou to NCI
In January this year, CBA entered an agreement to sell its remaining 5.45% stake in HZB.
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Flipkart receives lending licence from Reserve Bank of India
This is said to be the first time the RBI has issued an NBFC licence to an e-commerce company in India.
BNP Paribas to shutter 200 branches in France by 2026
BNP Paribas CEO Jean-Laurent Bonnafe confirmed plans to close around 80 branches this year and another 120 next year.
Ant International launches new AI platform for fintech sector
The AI-as-a-Service platform streamlines the creation of AI-powered financial services.
FinTech Scotland, TSB launch innovation programme to address banking fraud
TSB Labs will work with FinTech Scotland to find and support “innovative” fraud prevention solutions.
Thrivent Bank launches operations in US
The launch completes the merger of Thrivent Credit Union into the newly formed bank.