All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
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.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
HSBC backs AI financial services software firm Model ML
The new capital is intended to aid the AI software provider’s expansion.
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.