All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
US financial groups call for reforms in regulators’ handling of sensitive data
The groups made many recommendations, which include holding regulatory agencies to same security standards as private companies.
UniCredit’s Banco BPM bid gets clearance from EU Commission
The deal, under preliminary review by the Commission, has been authorised after the end of scrutiny.
CommBank concludes AWS data platform migration
The migration, which commenced in July 2024, was conducted in partnership with HCLTech by migrating over 61,000 data pipelines.
Experian and Plaid unite to improve credit decisioning for banks
This collaboration is said to accelerate lending decisions and expand access to credit.
Oman issues new regulatory framework for digital banks
A licensed digital bank is required to establish a physical presence in Oman as its principal place of business.
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Citigroup to axe around 3,500 tech roles in China
Some of the roles from these centres would be relocated to other technology hubs within the company.
US Federal Reserve lifts Wells Fargo’s asset cap
The cap was introduced following revelations that Wells Fargo employees had opened unauthorised accounts to meet sales targets.
ABN AMRO seeks to engage young people with digital bank BUUT
BUUT will offer conventional banking services through a digital-first approach for younger customers.
Fintech firm Chime begins IPO roadshow
The price range for the initial public offering is set between $24 and $26 per share.
KeyBank adopts Personetics platform to enhance client engagement
The collaboration will see KeyBank implement Personetics’ “Engage”, a client-facing tool designed to provide personalised financial insights.