All articles by Shivam Mishra
Shivam Mishra
DBS Group’s acquisition plans for Alliance Bank Malaysia face delays
Acquiring a stake in Alliance Bank would expand DBS’s presence in Malaysia, a market where other Singaporean banks are already established.
Monte dei Paschi strengthens Mediobanca offer with cash incentive
The cash component in the revised offer represents a financial commitment of approximately €750m from BMPS.
Atlas Consolidated secures funding to expand banking-as-a-service platform
HugoHub, developed by Atlas Consolidated, is designed for financial institutions to upgrade their legacy systems.
Zopa initiates campaign to reskill 100,000 UK banking workers in AI
Zopa said every one of its employees now has access to GenAI tools, such as ChatGPT, coupled with OpenAI-led training.
Neobank bunq fined for AML control failures
The examination by DNB found that bunq had not complied with The Anti-Money Laundering and Anti-Terrorist Financing Act.
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UniCredit increases Commerzbank stake to 26%
The Italian bank reiterated its plans to convert the remaining synthetic positions, ultimately increasing its total equity voting stake to about 29%.
RUUT to enter UK digital banking market via Algbra-Moka partnership
Moka United will introduce RUUT with the support of Algbra Labs, which will power the digital banking brand through its fintech-as-a-service platform.
Addiko Bank ventures into Romania’s digital banking sector
Addiko Bank aims to stand out by providing a completely digital service that addresses financial needs of customers.
HSBC reportedly considers selling Australian retail bank
The potential sale, managed by Citi, could attract local lenders seeking to expand their credit card offerings.
US consumer finance watchdog to revise open banking regulations
CFPB’s decision follows a federal judge’s pause on a lawsuit aiming to strike down these regulations.