All articles by Vidya Sagar Maddela
Vidya Sagar Maddela
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.
AIIB issues its first digitally native note on Euroclear’s D-FMI platform
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission isFinancing Infrastructurefor Tomorrowin Asia and beyond—infrastructure with sustainability at its core
Network International enters a referral arrangement with Citi to offer innovative payment solutions to bank’s corporate clients
Collaboration aims to provide Citi’s corporate clients with advanced omnichannel payment solutions while expanding Network’s market reach
MyState demonstrates resilient FY24 results and proposes merger with Auswide Bank
MyState’s capital position has strengthened with a total capital ratio of 16.4% at 30 June 2024, up from 15.4% at 30 June 2023, providing capacity for future investment and growth.
Sling Money Raises $15 Million Series A to Transform Global Payments
With Sling Money, users can easily send money instantly across 50+ countries across Europe and Africa to other users, between their own accounts, or even to non-Sling users with a Sling Link
DBS launches blockchain-powered Treasury Tokens pilot with Ant International for 24/7 treasury and liquidity management
DBS Treasury Tokens is a new token-based innovation resulting from a collaboration between DBS and Ant International
Nium Expands Operations in Latin America, Accelerating Global Real-time Payments in the Region
Nium plans to grow its physical presence in the region, hiring strategic roles in business development and partnerships.