All articles by Surya Rao Akella
IBM, Bank of America partner to create new cloud solution for enterprises
IBM has collaborated with Bank of America to advance its cloud solutions with the introduction of IBM’s Cloud Policy Framework…
Deutsche Bank employs first digital worker for client-facing role in China
German bank Deutsche Bank has introduced its first digital employee, named Blue Bot ‘Yi’ in a customer-facing role in its…
LHV Pank wins Estonian regulator’s approval to acquire Danske Bank’s unit
The Estonian Competition Authority has given its approval to LHV Pank to acquire the Estonian unit of Danske Bank, which…
Bank of America reports net income of $3.5bn for Q2 2020
Bank of America has reported a net income of $3.5bn for the second quarter of this year, posting more than…
UK fintech Rapyd enters Indian market with all-in-one payments solution
Rapyd, a UK-based fintech platform has forayed into the Indian market by launching a payment service allowing international merchants to…
Wells Fargo reports $2.4bn loss for second quarter of 2020
American banking giant Wells Fargo has reported a net loss of $2.4bn for the second quarter, compared to a net…
Lloyds Bank brings subscription management service to banking app
UK banking giant Lloyds Bank has introduced new subscription management service to its mobile banking app, enabling customers to view,…
MAS’ blockchain payments network Project Ubin ready for commercialisation
The Monetary Authority of Singapore (MAS) and Temasek have announced the completion of the fifth and final phase of Project…
SBI to invest $233.8m in upcoming FPO of Yes Bank
Indian public sector bank State Bank of India (SBI) has agreed to invest a further INR17.6bn ($233.8m) in Yes Bank,…
American Express, Discover, Mastercard, Visa to launch Click to Pay globally
Card services providers American Express, Discover, Mastercard and Visa are now making technical preparations for the global launch of Click…