All articles by Refna Tharayil
Refna Tharayil
BigBear.ai and SoftPoint partner to enhance payment security with facial biometrics
The partnership is aimed at enhancing security for consumer payment transactions across SoftPoint’s network of retail partners
National Bank and Canadian Western Bank announce completion of CWB Tier 1 capital reorganisation
The Limited Recourse Capital Notes Series 1 and Series 2 (NVCC) of CWB have been redeemed in accordance with their terms
Australian lenders Auswide Bank and MyState Bank complete $480.4m merger
The merged entity will serve 272,000 customers across Australia’s eastern seaboard through a network of 23 branches, digital banking services, brokers, and two Australia-based contact centres
Lili launches international payments
Lili’s international wire payments solution will enable its small business customers to both receive and send international payments in dozens of countries across North America, Europe, and Asia, helping them manage their operations and grow their businesses internationally
HSBC to divest Bahrain retail banking business to BBK
The transaction will involve the transfer of retail loans, deposits, and accounts of approximately 76,000 customers to BBK, which is majority-owned by the governments of Bahrain and Kuwait
Capital One and Discover stockholders approve Capital One’s proposed acquisition of Discover
As previously announced, the Delaware State Bank Commissioner approved Capital One’s proposed acquisition of Discover on December 18, 2024
Market Pay to acquire Danish payment provider Altapay
Altapay provides payment solutions for over 400 merchants and offers a portfolio of approximately 30 local and international payment methods, including BNPL options
Standard Chartered, Animoca Brands and HKT establish joint venture to issue HKD-backed stablecoin
Standard Chartered has a track record of working with stablecoin issuers globally, allowing the JV to fully utilise its bank-grade infrastructure and rigorous governance
ConnectOne and First of Long Island get shareholders’ approval for $284m merger
The combined entity, which will operate under the ConnectOne brand, is expected to have approximately $14bn in total assets, $11bn in total deposits, and $11bn in total loans
Evolv partners with Community Bankers Association of Georgia to enhance merchant services
This collaboration represents a significant milestone in advancing innovative payment solutions and fostering growth within the banking industry