All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Philippines-based digital bank Maya seeks up to $1bn in US IPO – report

Advisers are said to be working with Maya towards a possible listing as soon as this year.

RBI approves ICICI Group stake hike in eight banks 

The approval covers Bandhan Bank, City Union Bank, Equitas Small Finance Bank, Federal Bank, IDFC First Bank, HDFC Bank, Karur Vysya Bank and RBL Bank.  

US Fed to drop some confidential bank warnings in oversight shift 

Fed supervision staff informed banks that examiners would start reviewing outstanding private directives.  

UK regulator brings BNPL services under full consumer credit regulation

With the change, BNPL agreements will fall within the scope of the Consumer Duty.

Rezolve Ai buys fintech firm Reward in $230m deal 

The move will see Reward’s customer engagement operations combined with Rezolve Ai’s conversational commerce and AI technologies. 

Bank of Guam and Spiral partner on new digital savings tools

The joint effort is expected to introduce new digital banking features designed to encourage savings.

Raqami Islamic Digital Bank gets commercial banking licence in Pakistan

Raqami Islamic Digital Bank was initially issued a restricted banking licence by the State Bank of Pakistan in May last year.

Jordan Kuwait Bank partners with BPC on digital upgrade 

The work is intended to bring its digital channels together on a single platform, improving how customers use digital services.  

Fintech firm Revolut plans expansion in Australia

The announcement comes as the company’s Australian customer base has exceeded one million.

UiPath buys WorkFusion to scale agentic AI for banking 

The acquisition is aimed at enhancing UiPath workflows designed to assist with financial crime compliance.