All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Bendigo Bank faces penalty over cyber deficiencies
In 2023, an unknown hacker accessed about 257 customer accounts and conducted 286 unauthorised transactions.
Reserve Bank of India governor urges banks to make AI board-level priority
Sanjay Malhotra said AI was not comparable in a simple way with earlier changes in technology.
US bank Erebor nears $1.5bn funding round at $8bn valuation – report
Sources said likely participants in the round include Lux Capital, Human Capital, Valor Equity Partners, and Andreessen Horowitz.
Revolut secures banking licence in France
The firm has been growing its presence in Western Europe and over the past year, committed more than €1bn to the region.
US regulator turns down bunq’s bank charter application
The regulator rejected the filing, saying the company had not given enough detail on how it planned to run its US business.
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Unipol seeks over 30% of future BPER-MPS business – report
The insurer has reached an agreement to purchase a business made up of about 635 MPS branches.
Belize Bank ties up with Backbase for AI-native platform
The project will cover both retail and business banking and is intended to reshape the bank’s digital operations in Belize.
ABN AMRO partners with Mistral to develop AI tools
The work will bring together ABN AMRO’s banking knowledge and Mistral’s AI technology.
US Fed clears Santander’s $12.2bn purchase of Webster
Santander said the acquisition is intended to “strengthen” its US operations and support its financial targets.
10x Banking raises funds from AshGrove Capital
The new capital is intended to back further growth in 10x Banking’s sales and market-facing teams.