All articles by Vidya Sagar Maddela

Vidya Sagar Maddela

Matera Announces $100M Investment from Warburg Pincus

Growth investment strengthens development of innovative core banking software solutions and further expansion into global markets

iSwiss Bank Strengthens Presence in NPL Sector with Strategic €872 Million Acquisition

The acquired portfolio includes over 1,800 debtor exposures and 5,700 lines, predominantly composed of unsecured loans such as corporate financing and overdrafts.

Temenos and Visa team up to bring Visa money movement solutions to banks via Temenos Exchange

Integration with Temenos Payments Hub will enable banks to incorporate Visa’s payment capabilities and consolidate them with other payment services on the single Temenos platform

Mastercard and Kalabash54 launch innovative travel card in Nigeria and Ghana

Collaboration introduces secure, flexible, and convenient digital payment options for travellers, enhancing the travel experience in the region.

BNP Paribas Collaborates With Ant International on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management

Ant International and BNP Paribas will explore innovations on tokenised deposits to improve businesses’ efficiency for global fund settlements, through the Whale platform

Finastra facilitates connection of Swiss banks in readiness for new SIC instant payments service

The project will connect banks’ systems to the Swiss market infrastructure for instant payments via Finastra’s Service Bureau

CFPB Takes Action Against Fifth Third for Wrongfully Triggering Auto Repossessions and Opening Fake Bank Accounts

Under the Consumer Financial Protection Act, the CFPB has the authority to take action against institutions violating consumer financial protection laws

Discover Launches Balance+: A Fee-Free Overdraft Protection Feature for Debit Card Purchases

Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services

WOO Innovation Hub Partners with Yei Finance to Elevate Blockchain Lending and Borrowing

Built on robust foundational elements, Yei Finance offers essential features catering to developers’ and traders’ use cases

CommBank launches car buying service via the CommBank app

CommBank is streamlining the car buying process to help personal and business customers understand their potential repayments, source a deal, and easily apply for finance.