All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Finastra integrates FraudAverse AI to support fraud prevention for banks 

This collaboration aims to help banks respond quickly to fraudulent activity and adapt to emerging threats. 

HSBC CEO confident in Gulf amid Middle East tensions – report  

These remarks are among the first made by a global banking executive since the escalation of hostilities in the region. 

Lloyds to boost data commercialisation and governance automation- report

The bank, which serves 28 million customers, aims to cut annual IT spending by several hundred million pounds by 2028.

CVC explores investment in Belfius ahead of possible IPO – report

The Belgian government is said to be preparing to offload between 20% and 30% of its holding to support defence funding.

Capital One schedules further layoffs at Discover HQ

The latest filing shows that 1,075 staff will be laid off in May, with a further 81 departures planned for 1 June.

US Fed ends 2018 enforcement action against Wells Fargo 

This marks the end of a period of heightened scrutiny that followed a series of misconduct incidents at the bank.

Revolut applies for US bank charter 

If approved, the charter would allow Revolut to operate across all 50 states under federal regulation.  

Savings platform Raisin enters Italian market  

The company is launching in Italy with fixed-term products from European partners. 

Neobank Ualá raises $195m at $3.2bn valuation

The fintech company will use the funds to support its growth across Latin America.

Beacon Bank deploys Narmi One for digital banking  

The rollout involved moving over 55,000 users onto the new platform and processing 40 million transactions in a single day.