29 May 2026

Norway opens inquiry into bank competition 

Norway’s competition regulator has begun a review of competition in the banking industry, opening the way for a possible full market investigation at a later stage.  The authority said the…

29 May 2026

Fiserv taps Cognition AI for banking systems 

US-based fintech firm Fiserv has teamed up with Cognition to use Devin, an AI coding system, in work on its core banking technology.  The move is aimed at speeding up updates to core platforms and…

27 May 2026

Westpac fined A$26m over hardship delays 

Westpac Banking Corporation must pay A$26m ($19m) in civil penalties after the Federal Court found it failed to deal with customer hardship applications within statutory timeframes.  The order was made by the Justice McEvoy, who…

27 May 2026

MUFG reviews Bank Danamon stake – report  

Mitsubishi UFJ Financial Group is considering possible steps for its holding in PT Bank Danamon Indonesia, according to a Bloomberg report citing sources.   The options under review include removing the bank from the market or reducing MUFG’s ownership…

27 May 2026

Retailer Pepkor sets April 2027 date for bank launch 

Pepkor has revealed plans to start its banking business in April 2027, using its national store network to reach 1.8 million main banking customers within five years.  Retail groups in South Africa…

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