All articles by Surya Rao Akella
Surya Rao Akella
Svenska Handelsbanken to close 180 branches, axe 1,000 jobs
Swedish bank Svenska Handelsbanken has announced plans to close down nearly half of its branches and cut 1,000 jobs, as…
BBK signs MoU to acquire Ithmaar Bank
Bank of Bahrain and Kuwait (BBK), a commercial bank in Bahrain has signed a memorandum of understanding (MoU) to acquire…
Jordan’s Capital Bank to buy Bank Audi’s business in Iraq and Jordon
Capital Bank, one of Jordan’s private sector banks, has signed a letter of intent with Lebanon-based Bank Audi to acquire…
Credit Suisse to launch new app-based banking service CSX
Swiss banking giant Credit Suisse is all set to launch CSX, a new app-based digital banking offering, starting from next…
Indian public sector banks introduce doorstep banking services
The Finance Minister of India, Nirmala Sitharaman has launched Doorstep Banking Services by public sector banks (PSBs) to provide convenient…
B2B payments firm Melio takes total capital raise to $144m
Melio, a New York-based B2B payments provider that supports small businesses in making their supplier payments easier, has announced raising…
HSBC introduces new AI tool to manage cash across ATMs in Hong Kong
UK-based banking giant HSBC has deployed iCash, a new artificial intelligence-based (AI) forecasting tool for cash supply across its network…
Worldline completes stake acquisition in Czech firm GoPay
Worldline, a French payments and transaction services provider, has completed the previously announced 53% stake acquisition in GoPay, an online…
Visa and Vipps partner on mobile payments in Europe
Visa and Vipps, a Norwegian digital wallet, have partnered to speed up mobile payments across Europe. The partnership between Visa…
Ontario Teachers to invest $350m in Edelweiss fund in India
Ontario Teachers’ Pension Plan Board (Ontario Teachers’), a Canadian pension plan, has partnered with Indian financial services giant Edelweiss Group…