All articles by Satarupa Bhowmik

Nium introduces real-time bank account verification service

Nium Verify is developed for instant bank account verification across 50 markets to prevent misdirected payments.

Citi partners with Google Cloud to upgrade tech infrastructure

The banking group will implement Google Cloud’s Vertex AI platform to offer generative AI capabilities.

First Carolina Bank enters deal to buy BM Technologies

Upon completion of the deal, BM Technologies will operate as a wholly owned subsidiary of First Carolina Bank.

Banco Santander begins retrenchment exercise at UK unit

Intesa Sanpaolo plans 9,000 layoffs in AI shift

The decision is expected to save €500m in staff costs, starting from 2028.

Pinwheel introduces subscription management tool for banks

Claimed to offer 80% higher accuracy rate than similar solutions, Bill Navigator uses advanced transaction detection algorithm.

Bloom Credit partners with Taktile to boost credit data access

The collaboration grants Taktile’s clients with embedded access to Bloom Credit’s platform.

Banco Azteca accelerates digital transformation with UiPath AI

The company utilised UiPath Platform within its Center of Excellence, to develop 190 automations to optimise several processes.

Wachtell, Lipton, Rosen & Katz and Kirkland & Ellis lead M&A legal advisory in financial services for Q1-Q3 2024

Wachtell, Lipton, Rosen & Katz secured the top position by value, advising on deals worth a total of $55.67bn.

Morgan Stanley, Stifel/KBW lead M&A financial advisory for financial services in Q1-Q3 2024

Morgan Stanley advised on deals worth around $65bn, topping the value ranking.