All articles by Satarupa Bhowmik
Satarupa Bhowmik
Bank of England proposes deposit protection limit hike to £110,000
If approved, the new protection limit will take effect for failing institutions starting 1 December 2025.
CommBank opens Seattle Tech Hub for AI advancement
The first group of CommBank technologists at the hub is focused on accelerating the adoption of Agentic AI and Gen AI solutions.
Republic Bank chooses Fiserv’s DNA platform
This move is aimed at boosting operational efficiencies and the bank’s overall productivity.
Albania’s Tirana Bank enhances digital capabilities with Backbase
The five-year partnership with Backbase will primarily aim to improve Tirana Bank’s retail banking service
Fintech firm Mercury secures $300m in Series C funding
The funding round, spearheaded by Sequoia Capital, includes both primary and secondary investments.
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nCino powers omnichannel banking for Credit Union 1
This initiative seeks to unify the member experience across commercial, consumer, and indirect lending services.
Taiwan’s Hua Nan Bank taps TPIsoftware for digital banking platform
The new platform unifies core services such as account opening, personal banking, and credit card and loan applications.
Experian rolls out Cashflow Score to enhance credit decisioning
Cashflow Score integrates into lenders’ existing workflows, offering a comprehensive view of an applicant’s financial behaviour.
Bank of England starts 2025 capital stress test for lenders
The participating financial institutions are Barclays, HSBC, Lloyds Banking, Nationwide, NatWest, Santander UK, and Standard Chartered.
Fintech firm Chime launches Instant Loans
Available to Chime members, the Instant Loans product offers a fixed interest rate and does not require credit check.