All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Belize Bank ties up with Backbase for AI-native platform
The project will cover both retail and business banking and is intended to reshape the bank’s digital operations in Belize.
ABN AMRO partners with Mistral to develop AI tools
The work will bring together ABN AMRO’s banking knowledge and Mistral’s AI technology.
US Fed clears Santander’s $12.2bn purchase of Webster
Santander said the acquisition is intended to “strengthen” its US operations and support its financial targets.
10x Banking raises funds from AshGrove Capital
The new capital is intended to back further growth in 10x Banking’s sales and market-facing teams.
Australia’s NAB to test AI agent safeguards – report
According to a AFR report, thousands of Westpac bankers are using bots to review mortgage and credit card applications.
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Absa updates credit risk systems with SAS
According to SAS, its technology automates model monitoring reports and brings new frameworks into operation in under six months.
Raiffeisen crosses 55% threshold to secure control of Addiko Bank
Shareholders who have not yet accepted can still tender their shares into RBI’s €26.50-a-share offer until 3 November.
Beyond Bank extends open banking to retail branches with NextGen
The move follows Beyond Bank’s earlier use of Open Banking in the broker channel.
Banco BPM abandons Monte dei Paschi pursuit after Crédit Agricole objection
The French bank preferred combining Banco BPM with its own Italian operations over merging the two Italian lenders.
HSBC to offload Egypt retail banking unit to Emirates NBD
The deal includes assets and liabilities tied to the acquired business covering retail loans, customer deposits and accounts.