All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Australia’s NAB to test AI agent safeguards – report
According to a AFR report, thousands of Westpac bankers are using bots to review mortgage and credit card applications.
Absa updates credit risk systems with SAS
According to SAS, its technology automates model monitoring reports and brings new frameworks into operation in under six months.
Raiffeisen crosses 55% threshold to secure control of Addiko Bank
Shareholders who have not yet accepted can still tender their shares into RBI’s €26.50-a-share offer until 3 November.
Beyond Bank extends open banking to retail branches with NextGen
The move follows Beyond Bank’s earlier use of Open Banking in the broker channel.
Banco BPM abandons Monte dei Paschi pursuit after Crédit Agricole objection
The French bank preferred combining Banco BPM with its own Italian operations over merging the two Italian lenders.
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HSBC to offload Egypt retail banking unit to Emirates NBD
The deal includes assets and liabilities tied to the acquired business covering retail loans, customer deposits and accounts.
Lloyds targets £2bn in cost cuts by 2030
The programme, titled Accelerate 2030, is built on growing its business, innovating its offerings and simplifying operations.
HSBC to sell Australian loan book to Blackstone
Pepper Money will act as the loan management partner for the portfolio.
Bafin to begin AI oversight at German banks
Under the new rules, Bafin can impose fines as part of efforts to safeguard fundamental rights.
Former Stripe executive takes full control of Washington bank
After buying voting shares in Twin City Bank last year, Buckley has now completed a full takeover of the lender.