All articles by Vidya Sagar Maddela

Vidya Sagar Maddela

Arete Wealth Partners with Luma Financial Technologies to Elevate Structured Products and Annuities

Arete Wealth will leverage Luma’s award-winning platform to streamline the process of buying and managing structured products and annuities for their clients.

Mastercard and National Bank of Egypt collaborate on AI-powered digital employees for enhanced digital banking experience

Through this agreement, NBE will be the first bank in the Middle East and North Africa region to explore and integrate digital humans into its digital operations.

BNY to Acquire Archer, a Leading Provider of Managed Account Solutions to the Asset and Wealth Management Industry

The acquisition will enhance BNY’s capabilities across the entire managed account ecosystem, including manufacturing, distribution and servicing

FCA sets out steps to improve access to bank accounts

In a new report, the FCA encourages account providers to do more to support those who want a bank account but don’t have one.

Tarabut Acquires UK Payments Platform Vyne Ahead of New MENA Regulatory Requirements

Vyne uses open banking to power account-to-account payments for online businesses, setting the course for the future of payments

Kenanga Group Invests In Helicap to Accelerate Digital Transformation

Kenanga Group, through a fund managed by its asset and wealth management arm, Kenanga Investors Berhad has collectively taken a stake of 8% in Helicap

Mutual Federal Bank and Pulaski Savings Bank announce agreement to merge

Pulaski will merge with and into Mutual Federal, and Mutual Federal will continue as the surviving institution and will retain its mutual holding company form of ownership

Stripe boosts cross-border commerce in Asia with AI-powered payments

Stripe saw a 28% year-on-year increase in the number of Asian businesses that processed $1 million or more in payment volume on the platform.

Rellevate Announces Partnership with Mastercard to Advance Digital Payments Capabilities in the U.S. Public Sector

Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities

CFTC Orders The Bank of New York Mellon to Pay $5 Million for Swap Reporting and Supervision Failures and Violation of a Prior CFTC Order

The order imposes a $5 million civil monetary penalty and incorporates BNYM’s decision to retain an independent compliance consultant to review and provide advice regarding its compliance program.