All articles by Refna Tharayil

Refna Tharayil

Mastercard Move and Cairo Amman Bank join forces to enable convenient and secure cross-border payments in Jordan

The collaboration will advance financial inclusion and contribute to an even more accessible digital economy by facilitating the movement of funds from Jordan to 37 countries

Citigroup’s Q4 2024 net income increases to $2.9bn

The American investment bank and financial services company’s revenues in Q4 2024 were up by 12% to $19.6bn, compared to $17.44bn in the prior-year period

Enable acquires Flintfox to transform B2B rebate and pricing management

Since its launch in 2016, Enable has grown over 40x in just five years, cementing its position as the leader in rebate management

CFPB sues Capital One over alleged $2bn in lost consumer interest payments

According to the lawsuit, Capital One failed to notify existing 360 Savings account holders about the 360 Performance Savings product

Klarna available to millions of new businesses, in strengthened partnership with Stripe

Stripe-powered businesses in 25 countries can now instantly offer Klarna to their customers

US-based CNB Financial to acquire ESSA Bancorp in $214m all-stock deal

ESSA Bancorp, based in Pennsylvania, operates 20 community offices across the Lehigh Valley, Greater Pocono, Scranton/Wilkes-Barre, and suburban Philadelphia areas

United Bankshares completes acquisition of Piedmont Bancorp

The acquisition is United’s 34th, and the combined organization has more than $32 billion in assets and a network of over 240 locations

Bank Alfalah acquires stake in UAE-based fintech company Jingle Pay

By leveraging its proprietary AI-powered platform, Jingle Pay is said to have processed more than two million transactions, while facilitating over $1bn in international money transfers in 2024

Bison Holdings announces merger of Bison Wealth and Bison Advisors

The combined entity will offer a comprehensive suite of wealth management services, centering on both private wealth and wealth advisory practices

Intercontinental Exchange acquires AFX from 7RIDGE

The transaction is not expected to significantly impact ICE’s financial results for 2025 or its ongoing plans for deleveraging and capital returns