All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Fintech firm Saris secures $28.8m in Series A
The proceeds will go towards widening adoption among financial institutions and increasing staffing for training and implementation.
Norway opens inquiry into bank competition
The exercise will examine how rivalry works between banks, with a particular focus on deposit products and home loans.
Fiserv taps Cognition AI for banking systems
The move is aimed at speeding up updates to core platforms to deliver new functions to Fiserv’s financial institution clients.
Westpac fined A$26m over hardship delays
The bank did not respond on time to more than 200 online requests over a period spanning 2017 to 2023.
MUFG reviews Bank Danamon stake – report
The options under review include removing the bank from the market or reducing MUFG’s ownership.
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Retailer Pepkor sets April 2027 date for bank launch
The planned bank would link digital and in-store services, allowing customers to carry out transactions at more than 6,500 outlets.
Indian central bank sets up panel on quantum technology for financial sector
The committee has been asked to review the likely advantages, risks and operational challenges associated with quantum technology in finance.
First Carolina commences US IPO process
The bank plans to list on the New York Stock Exchange under the ticker “FCBM”.
US OCC chief calls bank living wills “seriously flawed”, abstains from voting
Resolution plans, commonly described as living wills, is a required plan detailing how to safely shut down a failing bank.
Banks must focus on customer experience or risk irrelevance: EY study
Just 9% of aspiring strives said they go to branches regularly, as per the report.