Synechron and Cognition launch AI partnership to support banks
Synechron and Cognition have teamed up to help financial institutions accelerate the modernisation of essential software using AI. The collaboration…
20 Feb 2026
Plata gains banking licence in Mexico
Mexico’s digital financial company Plata has received final approval from the National Banking and Securities Commission (CNBV) to operate as a full bank, concluding a three-year application process. The regulatory clearance allows…
19 Feb 2026
Citi completes Russian exit by selling unit to Renaissance Capital
Citi has completed the sale of its former Russian subsidiary, AO Citibank, to Renaissance Capital, marking the bank’s full withdrawal from Russia. The agreement covers all remaining business activities in the country…
19 Feb 2026
JPMorgan Chase to add 160 new branches this year
JPMorgan Chase has disclosed plans to expand its physical presence by establishing more than 160 new branches in over 30 US states and refurbishing around 600 existing locations in 2026.…
19 Feb 2026
RBC creates new AI Group to help bring top AI opportunities to market
Royal Bank of Canada has launched a new AI Group to accelerate the bank's AI ambitions over the next several years. Building on existing capabilities and top AI talent, the group will…
18 Feb 2026
Digital payments sovereignty: Industry responds to UK domestic card payments alternative
Press reports that the UK is considering a Visa or Mastercard replacement is further evidence of an emerging trend in Europe, around payment independence. Visa Inc. completed its acquisition of Visa Europe…
18 Feb 2026
Monte dei Paschi board greenlights Mediobanca merger and delisting plan
Banca Monte dei Paschi di Siena’s (BMPS) board has approved a full merger with Mediobanca, which will result in Mediobanca being delisted from the Milan stock exchange. “Accordingly, it has…