All articles by Surya Rao Akella

Surya Rao Akella

FirstBank BanCorp completes acquisition of Banco Santander Puerto Rico

Puerto Rico-based First BanCorp, the parent company of FirstBank Puerto Rico, has completed the previously announced acquisition of Banco Santander…

ANZ, CBA, Westpac, Scentre and IBM to expand Lygon blockchain platform

Australian banks ANZ, Commonwealth Bank of Australia (CBA), Westpac along with retailer Scentre Group and IBM are planning to expand…

Midland States completes sale of Love Funding to Dwight Capital

Midland States Bancorp has completed the sale of its subsidiary Love Funding to Dwight Capital, a New York-based mortgage company.…

360 Finance wins approval to acquire stake in Kincheng Bank of Tianjin

360 Finance, a Chinese digital consumer finance platform, announced that one of its subsidiaries has secured regulatory approval from the…

UBS and GitLab enter into multi-year strategic collaboration

Swiss banking giant UBS has signed a multi-year collaboration agreement with GitLab to accelerate the development of high quality solutions…

WorldRemit to acquire remittance firm Sendwave

WorldRemit, a UK-based cross-border payments firm, has agreed to acquire Sendwave, an app-based remittance company in a cash and stock…

Mastercard teams up with Goals101.ai to improve personalised banking

Financial services giant Mastercard has partnered with Goals101.ai, a bank-tech and artificial intelligence (AI) company, to make banking more personalised…

Metro Bank, Clear Books partner to offer accounting software for SMB customers

UK-based bank Metro Bank and accounting software developer Clear Books have joined hands to offer accounting software for the bank’s…

TD Bank fined $122m for violating overdraft rules

The Consumer Financial Protection Bureau (CFPB), a US government agency for consumer protection, has fined TD Bank $122m for violating…

Crane Credit Union to acquire Our Community Bank from Home Financial

Crane Credit Union (CCU), an Odon, Indiana headquartered credit union, has signed an agreement with Home Financial Bancorp to acquire…