All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

UK’s Starling Bank rolls out Gen AI powered chatbot 

The chatbot, called Spending Intelligence and powered by Gemini, operates within the Google Cloud Platform. 

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.  

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.