All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

AUSTRAC operation finds suspected mortgage fraud across Australian banks

The operation identified potentially hundreds of millions of dollars in suspected fraudulent loans. Most were linked to properties in Sydney.

Personetics integrates Plaid open banking data

With the integration, the companies aim to turn scattered financial data into actionable insights and better engage customers.

JPMorgan chief cautions UK chancellor against tougher bank taxes – report  

Dimon pointed to a notable fall in finance jobs in New York, which he said was partly linked to the city’s tax burden. 

HomeTrust to purchase Blue Ridge Bankshares in all-stock deal

The merger would form a commercial bank with more than $7bn in assets and over 60 branches and offices across the Southeast.

India to announce banking reforms committee soon, says finance minister 

The finance minister said the department of financial services (DFS) had prepared thematic papers on seven subjects. 

Trump-linked crypto venture gets preliminary nod for bank charter

If it opens, WLTC will function as a federally supervised national trust bank.

Citi seals deal to buy reward platform Kard Financial

Kard links merchants and financial institutions through verified transaction data and merchant-funded rewards.

Fintech firm Navi preps up for India IPO – report  

Navi is seeking a valuation of up to $2bn and aims to submit its prospectus by December. 

Bank of America to acquire 49.9% of India’s Jio Credit 

The deal will bring together Jio Financial Services’ digital distribution with Bank of America’s financial services capabilities. 

HSBC backs AI financial services software firm Model ML

The new capital is intended to aid the AI software provider’s expansion.