All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Kuwait International Bank installs Diebold Nixdorf’s ITMs 

The ITMs are now operational at select KIB branches, with plans for further installations.  

Citigroup to create 510 new jobs in Charlotte  

The positions to be added will span various functions including personal banking, finance, and marketing.

Mubadala in talks to buy $100m stake in Revolut – report  

Revolut existing shareholders include SoftBank, Coatue, and D1 Capital Partners.  

UK regulator fines Monzo for financial crime lapses 

The bank failed to maintain adequate anti-financial crime systems and controls from October 2018 to August 2020.  

Nigerian financial group Guaranty Trust targets London listing  

The net proceeds from the London listing will primarily support GTBank Nigeria’s recapitalisation.  

Zopa Bank expands to Manchester  

The company aims to enhance its UK footprint and invest in talent and innovation. 

Italy’s BPER raises offer for Popolare di Sondrio to €5.4bn 

The updated offer comprises 1.450 newly issued BPER shares and an additional cash payment of €1 per Popolare di Sondrio share. 

Lloyds Banking Group taps UnlikelyAI for customer experience 

The partnership will focus on evaluating explainable AI through UnlikelyAI’s neuro symbolic platform. 

Westpac rolls out new payee confirmation feature  

The feature works by cross-referencing the account name provided by the customer with the records held at the recipient’s bank. 

Swedbank acquires Stabelo to expand mortgage operations

Stabelo operates in the mortgage market, focusing on customer groups where Swedbank sees growth potential.