All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Revolut launches AI-focused research division
The unit will work with academic and technology partners and act as a common base for its internal AI tools and machine learning projects.
Commonwealth Bank unveils payout platform ahead of cheque exit
PaidIt combines recipient verification, communications and payment delivery within one system.
Interview: bunq’s chief evangelist Joe Wilson on absorbing rate cuts and M&A strategy
Joe Wilson, bunq’s chief evangelist, tells Vidhya Edwards how the bank centralises user finances across borders and protects margins through subscription and transaction growth.
UK credit card repayments weaken as balances grow in June: FICO
Over the same period, the average active balance increased 1.4% to £1,975 ($2,693), the highest level in the series and 4.7% above June 2025.
DBS and IBF sign MoU on AI skills, job redesign and talent pipeline
The agreement covers AI-related skills, job transition and the development of future talent for Singapore’s financial services industry.
Fairfax may get time to align bank stakes for IDBI bid – report
The Canadian financial institution could be given as long as two years to either exit that CSB position or combine CSB with IDBI Bank.
Monte Paschi launches €34bn bids for Banco BPM and Banca Generali
The offer for Banco BPM values the lender at €25.3bn, while the bid for Banca Generali values it at €8.7bn.
Santander completes $12.2bn purchase of US bank Webster
The merged banking group has a pro forma balance sheet of roughly $327bn in assets, $185bn in loans and $172bn in deposits.
Revolut applies for Finnish banking licence to support European expansion
If approved, the step would allow its 250,000 customers in Finland to use IBANs and access services including paying domestic bills and receiving wages.
Standard Chartered, HSBC transfer tokenised deposits on Swift blockchain
The banks said the move showed that tokenised deposits can work between regulated institutions in a live banking transaction.