All articles by Satarupa Bhowmik
Satarupa Bhowmik
Ransomware attack on vendor exposes DBS, BOC Singapore customer data
DBS disclosed that the ransomware attack may have affected customer statements and letters of about 8,200 customers.
Capital One’s Discover acquisition gains approval from Justice Department
The department has completed its review and found no reason to block the merger, according to anonymous sources.
Blend Labs, Prove Identity team up to ease digital onboarding for lenders
The partnership integrates Prove Pre-Fill to streamline onboarding for deposit accounts, credit cards, and loans.
Santander secures banking licence in Canada
A Santander spokesperson confirmed the Canadian banking licence but shared no further plans.
ECB approves Crédit Agricole’s stake increase in Banco BPM to 19.9%
In Q4 2024 and Q1 2025, Crédit Agricole acquired more financial instruments tied to Banco BPM shares.
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Unisys, Thought Machine partner to enhance branch banking
The integrated solution uses AI and advanced security features to meet financial industry needs.
Backbase, Salt Edge partner to speed up open banking adoption
The alliance offers a turnkey solution for TPPs, eliminating extra build and maintenance costs.
Top UK banks unite with tech and telecom firms to fight fraud
This initiative aims to combat fraud by sharing intelligence, optimising resources, and enhancing communication strategies.
Farmers & Merchants Bank adopts Candescent platform
Candescent’s platform is said to help the bank support more “intuitive” interactions and streamline cash management services.
Mechanics Bank, HomeStreet agree on merger
The merger values HomeStreet at $300m and Mechanics Bank at $3.3bn in equity.