Retail Banking and Lending

News

Mechanics Bank, HomeStreet agree on merger

The merger values HomeStreet at $300m and Mechanics Bank at $3.3bn in equity.

News

UniCredit secures ECB, Bank of Italy nod for Banco BPM bid

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Bank of England proposes deposit protection limit hike to £110,000

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CommBank opens Seattle Tech Hub for AI advancement

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Republic Bank chooses Fiserv’s DNA platform

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Albania’s Tirana Bank enhances digital capabilities with Backbase

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DBS frontrunner in race to acquire stake in Indonesia’s Panin Bank

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Alkami partners with Greenlight for youth banking solutions

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Fintech firm Mercury secures $300m in Series C funding

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nCino powers omnichannel banking for Credit Union 1

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Taiwan’s Hua Nan Bank taps TPIsoftware for digital banking platform

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Experian rolls out Cashflow Score to enhance credit decisioning

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The Cumberland taps TCS for core system overhaul

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Deutsche Bank, Heavybit invest in governance automation specialist Kosli

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Santander UK to shutter 95 branches, affecting 750 jobs

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Deutsche Bank to shed 2,000 retail banking jobs in 2025

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Fintech firm NymCard secures $33m in Series B funding

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mylo receives approval for digital onboarding in Egypt

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Virgin Money enters open banking partnership with Mastercard

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India’s IndusInd Bank raises Rs110bn through certificates of deposit

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Raisin launches savings platform in Finland

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CommBank expands AI partnership with Anthropic

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UniCredit obtains ECB approval for Commerzbank stake hike

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Citigroup seeks to trim external IT contractors

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Backbase, Synpulse collaborate to power digital banking in APAC

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Arab National Bank deploys IBM platform to combat fraud

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Digital bank Plata garners $160m at $1.5bn valuation

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Challenger bank Lunar launches app for kids and teens

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Neobank Zolve secures $251m in Series B funding

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ProgressSoft, Fintech Galaxy reach open banking partnership

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Doha Bank and Ooredoo Money form alliance for fintech growth

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Japan Post Bank stake sale raises $4bn in privatisation effort

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Nippon Life eyes minority stake in India’s IndusInd Bank

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RBC reportedly lays off employees after restructuring

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Lloyds to relocate IT jobs to India, affecting UK roles

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Societe Generale deploys Palantir tech to combat financial crime

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Fintech firm Ramp finalises secondary share sale at $13bn valuation

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Veefin to power Select Africa’s digital transformation

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