All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Itaú Unibanco gains full ownership of AI startup NeoSpace for $589m
The bank first invested in NeoSpace in 2025, buying a 15% stake valued at $18m.
Revolut enters UK lending market with unsecured personal loans
The London-based digital bank is offering unsecured personal loans from £2,000 ($2,670) to £25,000.
Bank of India and C-DAC partner on quantum technologies in banking
A primary priority of the agreement is the establishment of a quantum ecosystem for financial innovation.
Shiga Bank and Senshu Ikeda in advanced merger talks – report
Under the framework being discussed, Shiga Bank and Senshu Bank would both operate beneath a shared holding company structure.
Barclays to cut 5,000 roles in AI push
The bank has already phased out 1,000 roles and plans to complete another 4,000 departures by the end of the current year.
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Westpac cuts over 250 roles in latest restructuring phase
The phased cuts commenced with termination of 102 personnel within Westpac’s risk, institutional banking and finance divisions.
HDFC Bank probe reveals data leak by two senior executives – report
The bank’s investigation began after concerns emerged among senior leaders that internal information could have been disclosed.
Mashreq launches digital banking platform for SMEs in Pakistan
The service draws on the lender’s cross-border banking operations to shift administrative financial tasks online.
State Bank of India reports dark web exposure of 3,897 customer records
The bank was alerted to the potential exposure by its Threat Intelligence Service Provider, the Defence Cyber Agency, and CERT-In.
NAB to shed up to 2,500 roles in operating overhaul
The reductions will take effect in phases, with up to 1,500 roles targeted for removal prior to the end of 2026.