All articles by Satarupa Bhowmik
Satarupa Bhowmik
OCBC, CIMB seek stake in Indonesia’s Panin Bank
OCBC and CIMB submitted non-binding offers for stakes owned by ANZ and the Gunawan family, the bank’s founders.
Enterprise Bancorp seals $562m deal for merger into Independent Bank
Shareholders of Enterprise will receive 0.60 shares of Independent common stock and $2.00 in cash for each share held.
Crédit Agricole moves to increase stake in Italy’s Banco BPM
The deal is anticipated to have a “non significant” effect on Crédit Agricole’s Common Equity Tier 1 (CET 1) capital ratio.
Fifth Third Bank unveils Southeast US expansion strategy
The bank’s strategy includes opening 50 or more branches each year in key Southeast markets.
Citigroup launches new AI tools in eight countries
Citi Assist is designed to facilitate the navigation of internal bank policies and procedures.
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Diebold Nixdorf deploys Microsoft Windows 11 on ATMs
The deployment, managed by Diebold Nixdorf’s licensed partner BS/2, aims to provide a stable and scalable platform for banks.
TCS to enhance Bank of Bhutan’s digital core
This collaboration will see the deployment of the TCS BaNCS Global Banking Platform, aimed at optimising the bank’s operations.
Bank of Bahrain and Kuwait implements SymphonyAI AML tech
This move is aimed at enhancing regulatory compliance and effectively targeting financial crime.
India’s RBL Bank and Bajaj end credit card tie-up
The existing RBL-Bajaj co-branded credit cards will continue to function normally.
CBA reduces fraud and speeds loans using AI
By implementing AI, the bank has seen a 50% reduction in scam losses and a 30% decrease in customer-reported frauds.