All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

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.  

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.  

Poland’s Bank Pekao and insurer PZU sign MOU on potential merger 

The merger aims to simplify the group’s ownership, streamline the bancassurance model and consolidate operations under one listed entity.  

Seacoast enters $710.8m deal to buy Villages Bancorporation  

VBI’s operations include 19 branches, with deposits totalling $3.5bn and loans around $1.3bn as of 31 March 2025.