All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Jack Henry reports limited cyber breach in non-production systems
The breach did not reach client-facing systems, operating systems, core platforms, or day-to-day processing services.
Banner completes $177m acquisition of Pacific Financial
The banks plan to complete systems integration in November, when operations will move under the Banner name.
Allica Bank applies for banking licence in Sweden
As part of the process, Allica has established a legal entity in Sweden and appointed a local leadership team for the planned business.
Canadian regulators approve Laurentian Bank transactions with Fairstone and NBC
Fairstone will acquire Laurentian Bank, along with its commercial operations, while National Bank of Canada will take over retail and SME banking portfolios.
Hong Kong selects 36 AI use cases for financial sector GenAI trials
The programme, known as GenAI Sandbox++, covers banking, securities, insurance and pensions.
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DBS and Stripe forge ties on agentic AI
The arrangement brings together DBS’ banking services and regional network with Stripe’s financial technology platform.
HSBC weighs consolidating Singapore business under one entity – report
The proposed movewould group the bank’s wholesale, retail and private banking businesses in the city state under one structure.
UK regulator opens probe into Brink’s $6.6bn takeover of NCR Atleos
The merged group would combine Brink’s cash handling operations and route network with NCR Atleos’ ATM servicing activities.
EAC-PM recommends creating comparable-sized megabanks in India
The paper said such a structure would support rising credit requirements of economy as India works towards Viksit Bharat by 2047.
NatWest revives US expansion plans after UK ringfencing rule changes – report
Recently, the lender received approval from the US Federal Reserve to open a representative office in Connecticut.