All articles by Satarupa Bhowmik
Satarupa Bhowmik
Fortis Bank, Middlesex Federal Savings tap iDENTIFY for data management
iDENTIFY offers a structured data transformation approach for community banks navigating complex regulations and rising digital performance demands.
Citizens & Northern to acquire Susquehanna Community Financial
The move, approved by both companies’ boards of directors, involves SQCF’s merger with and into C&N.
Santander turns down NatWest’s offer for UK retail banking arm
According to sources familiar with the situation, the proposal advised by Morgan Stanley and UBS is no longer active.
SMBC to purchase 20% stake in India’s YES Bank
The transaction includes a 13.19% secondary stake acquisition from State Bank of India and a 6.81% total stake from other banks.
DenizBank partners with Konsentus to improve open banking security
The collaboration aims to enhance the bank’s retail and commercial services while navigating changing regulatory challenges.
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Pinwheel and nCino collaborate to ease direct deposit switching
The collaboration seeks to enhance the efficiency of deposit switch conversions for banks and credit unions.
Santander to shutter 18 branches in US
This decision reflects a trend among financial institutions to minimize physical branches as customers increasingly opt for online banking.
US CFPB spurns BNPL rule enforcement
Additionally, the Bureau is considering potential actions to rescind the BNPL framework.
Mercantil Banco adopts Galileo’s digital platform
The platform’s flexible architecture enables the bank to rapidly adapt to market changes without extensive system upgrades.
Oracle launches cloud solutions to power retail banking
The new services aim to improve operational efficiency and risk management for financial organisations.