Know What's Happening in Banking
Know What's Happening in Banking
IndusInd Bank sees deposits dip 2.6% YoY while advances fall 8.7% in Q4FY26
IndusInd Bank reported total deposits of ₹4,00,178 crore, down 2.6% year‑on‑year, and net advances of ₹3,15,154 crore, down 8.7% YoY. Deposits rose 1.6% sequentially, indicating a modest recovery amid a cautious lending environment.
Also developing:
By the numbers: Huntington Bancshares completes Cadence Bank acquisition
Avant’s cash‑back credit card targets consumers who are building or rebuilding credit without requiring a security deposit. Applicants can pre‑qualify online, which does not impact their credit score, and the card reports to all three major bureaus. Rewards and the annual fee are variable; offers range from 0% fee with 2% cash back to higher fees with lower rewards. While the lack of a deposit is a plus, the fee structure makes it less straightforward than some secured alternatives.
Ford has introduced the Ford Rewards Visa Signature Credit Card in partnership with Comenity, replacing its previous FNBO‑issued FordPass card. The new card carries no annual fee and offers a dual‑bonus sign‑up package: 15,000 points and a $100 cash reward...
The Trump administration announced that the Small Business Administration will prohibit foreign nationals from accessing any federal small‑business loan program, expanding a ban that previously covered only core loans. The new rule adds the Surety Bond program and the Microloan...
Milwaukee‑based Landmark Credit Union announced it will acquire American National Bank‑Fox Cities, adding $419 million in assets and two branches to its $7 billion portfolio. The transaction, the fifth credit‑union‑bank deal this year and the third full‑bank purchase, is slated to close...
Bilt’s original rent‑rewards credit card, co‑branded with Wells Fargo, failed to generate sustainable revenue and was discontinued. The replacement, Bilt 2.0, partners with tiny fintech bank Column, NA, whose assets are under $1 billion and interest earnings are negligible. Early user reports describe...
Traditional banks often make personal loans feel slow and paperwork‑heavy, prompting fintech innovators to reimagine the process. Platforms like Upstart apply machine‑learning models that evaluate a broader set of data points, not just FICO scores, to assess borrower risk. This...
On 11 March 2026 the EU published Commission Implementing Regulation (EU) 2026/519, amending the technical standards of Regulation 2021/622 that govern MREL reporting. The amendment revises the frequency and content of data that resolution authorities must transmit to the European...
Brazilian energy giant Raízen SA is seeking to restructure roughly $12.6 billion of debt out of court. Major European and Latin American banks—BNP Paribas, Banco Bradesco and Rabobank—have been identified as some of the company’s largest creditors. The restructuring plan is expected...
ZendWallet has launched Zend Business, a platform that merges international payments and internal operations for African companies. At its core is ZendFX, a stablecoin‑based engine that moves funds in USDT and USDC across more than 140 countries, supporting transactions from...
Payments Canada’s February update shows the real‑time rail (RTR) system moving into Q1 2026 with a strong emphasis on resilience, security and anti‑fraud testing. The organization has completed system integration testing in Q4 2025 and is now deepening user acceptance testing while...
Airlines can now offer travelers a split‑payment option through a new partnership between UATP and Hands In. The integration embeds Hands In’s split‑payment code into UATP’s Ceptor platform, letting customers combine multiple cards, debit accounts, or payors at checkout while...
HSBC announced it mobilised $102 billion in sustainable finance during 2025, surpassing the $100 billion mark for the first time. The total cumulative facilitation since 2020 now stands at $495.6 billion, keeping the bank on track for its 2030 goal of $750 billion to...
Engine introduced the Visa‑branded Engine X charge card aimed at small and midsized businesses, a segment that often lacks corporate payment solutions. The card delivers 10% cash back on travel booked through Engine and 1.5% on other spend, while offering spend...
Embedded finance platform AAZZUR announced a partnership with electronic money institution Wallester, integrating Wallester’s Visa‑principal card issuing infrastructure into AAZZUR’s regulated partner ecosystem. The collaboration enables AAZZUR’s clients across Europe to launch compliant card programs through a single integration, complementing...
Global Payments warned that the Middle East conflict is creating a modest headwind as flights for 12 of its largest regional airline clients are grounded, potentially affecting Q1 and Q2 results. CEO Cameron Bready said the impact on earnings and...
A JPMorgan Chase Institute study of 4.5 million homeowners shows that cash‑strained borrowers increasingly turn to buy‑now‑pay‑later (BNPL) as a liquidity valve, especially when mortgage payments tighten budgets. BNPL spending spikes 34‑38% in the year before a first‑time home purchase, while...
Wells Fargo filed a trademark application for the ticker “WFUSD,” covering cryptocurrency exchange services, blockchain payment verification, hardware wallets and NFT software. The naming aligns with conventional stablecoin tickers, suggesting the bank may be preparing a dollar‑pegged digital token. The move...
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Chikwama Pay, a South‑African neobank, has teamed up with global issuer processor Paymentology to broaden its WhatsApp‑based banking suite across the Southern African Development Community. The partnership will bring cloud‑first debit‑card issuing, real‑time transaction controls and multi‑market compliance to a...
Nice to see that @HyunSongShin has officially recognized that stablecoins open the door to an "Uber Surge Pricing" type liquidity market. [Actual gas markets also clear in a similar way, notably the NBP balancing point system.] The below screenshot is from...
Crypto gateways are evolving from simple "Pay with Crypto" buttons into full‑stack payment orchestration platforms that route, settle, and ensure compliance for digital assets. They enable merchants to accept cryptocurrencies directly or indirectly, with hybrid solutions allowing stablecoin usage while...
Mizuho Financial Group has chosen FIS Balance Sheet Manager to meet Japan’s upcoming IFRS 9 reporting requirements. The platform automates expected credit loss calculations, scenario modeling and balance‑sheet analytics, reducing manual effort and error risk. By integrating these capabilities, Mizuho aims...
The Bank of England announced a shift in its proposed stablecoin capital requirements, moving from a 100% to a 60/40 split between remunerated and non‑remunerated holdings. Deputy Governor Ben Breeden said the change reflects the regulator’s response to industry feedback...
The Fifth‑Year Future of Competitive Advantage in Banking and Payments Global Report uses a peer‑based, real‑time benchmarking survey to evaluate how banks and payments firms are meeting corporate customer expectations. It covers real‑time and cross‑border payments, ISO 20022, SaaS migration, compliance,...
The Reserve Bank of New Zealand (RBNZ) is finalising a Memorandum of Understanding (MoU) with banks, fintechs and public‑sector agencies to improve access to basic transaction accounts. The consultation attracted 50 submissions, with 98% of respondents urging action on financial exclusion....
UK's Financial Conduct Authority has placed stringent restrictions on Sendsii Ltd, prohibiting the firm from engaging in any regulated activity. The action follows a First Supervisory Notice issued after HM Revenue and Customs suspended the company's registration on October 9,...
The article outlines how anti‑money laundering (AML) risk assessment has become a cornerstone of compliance, detailing its methodology, regulatory mandates, and core elements such as customer, geographic, product and transaction risk factors. It explains the BSA/AML framework, the role of...
Fintech unicorn CRED has received the Reserve Bank of India's final payment aggregator licence, allowing it to onboard merchants, collect payments and manage settlements directly. The approval builds on its in‑principle nod from April 2024 and adds to its suite...
First National Bank (FNB) has added WhatsApp integration to its eWallet service, allowing users to register and manage a digital wallet directly through a chat interface. The upgrade lets new customers create an eWallet without an existing FNB account, expanding...
Blackcat rebranded from Blackcatcard and launched a unified multi‑wallet app that merges a personal EUR IBAN, SEPA transfers, card payments and regulated crypto services. The new architecture lets users manage separate fiat and crypto wallets within a single interface, reducing...
The Eurosystem unveiled the Appia roadmap, a two‑year plan to build a European tokenised wholesale finance ecosystem while keeping central‑bank money as the system’s anchor. Appia will work alongside the Pontes DLT settlement platform, with a detailed blueprint slated for...
EBAday returns for its 21st edition on 16‑17 June 2026 in Copenhagen, drawing over 1,400 senior European payments executives. The two‑day conference will map the 2030 payments playbook, covering upcoming regulations such as PSD3, PSR and FIDA, as well as emerging technologies...
White‑label payment gateways let PSPs and fintechs launch branded payment products without building a full gateway stack. The article evaluates five providers—Corefy, SDK.finance, Gr4vy, Spell and Decta—against criteria such as multi‑provider connectivity, routing control, tenant isolation and global scalability. Each...
Africa’s digital banking and insurance sectors are rapidly evolving as mobile‑first consumers demand seamless, personalized services. South Africa leads with scalable platforms and embedded finance models that integrate lending and insurance into everyday digital interactions. Artificial intelligence is becoming central,...
Borrowers face a likely interest‑rate increase as the Reserve Bank of Australia is expected to lift the cash rate by 0.25 percentage points at its March 26 meeting, taking it to 4.1%. Westpac and National Australia Bank have revised forecasts...
Indonesia’s parliamentary financial commission is set to vet ten candidates for five top posts at the Financial Services Authority (OJK) after an equity‑market rout in January forced the agency’s chair, deputy chair and capital‑market supervisors to resign. The rout, sparked...
A millionaire walked into her bank to renew a fixed deposit. Simple transaction. In and out. But the relationship manager had other plans. "Before we process that renewal, let me show you something better."
Digital first does not mean digital only. The winning formula blends AI intelligence with human guidance across every channel customers choose. https://t.co/vo1ytUR8ik
The article outlines the essential components of anti‑money laundering (AML) risk assessment, from risk categories and key risk indicators to regulatory expectations and the role of technology. It explains how risk models score customers as low, medium, or high, and...
"SVB did not fail because it was run by lousy bankers." From an exposed deposit concentration leaving over 90% uninsured to mismatching durations of assets and liabilities, this bank failed precisely because it was poorly managed. https://t.co/iu1KAjz53E
Deepfakes aren’t sci-fi. They’re real threats. Cheap, convincing fakes fooled even experts: a 2024 UK finance team lost $25M to AI-generated leaders. Traditional security can’t verify if video or images are real. https://t.co/CpIymYGaON
The FCA has moved to a more selective enforcement model, aiming for “impactful deterrence” by concentrating on cases likely to succeed quickly. In the first half of 2025 it opened 23 new operations, with a notable emphasis on senior‑manager accountability...
FWIW - As the worst loans are made at the very peak of the credit cycle, credit cycles invariably burst on a LIFO basis. The worst always go first, and frequently through a high-storey window leaving no skid marks.
[New Episode] Joe Pine: What Comes After Customer Experience in Banking. Watch the latest episode with @joepine, the author of Experience Economy: https://t.co/IxymL1KiHq https://t.co/yBfvjgK08C
Bank lending in the Philippines slowed to its weakest pace in nearly two years in January 2026, expanding only 9.3% year‑on‑year to P14.2 trillion. The dip follows a high‑profile corruption scandal that dented business confidence despite the central bank’s aggressive rate...
BoE's Sarah Breeden currently doing a sterling job explaining to Lord Davies on the Financial Services Regulation Committee why money earned by the BoE on prospective stablecoin deposits wouldn't just disappear from the system. https://t.co/bdMoke431Y
JPMorgan is marking down the value of some software-related loans in private credit portfolios. This highlights how fungible private loan valuations have become at a time of little liquidity, and raises questions about which firms are doing a better job...
The Bank of England reports UK residential mortgage stock reached a record £1.734 trn in Q4 2025, up 0.8% from the previous quarter and 3% year‑on‑year. New mortgage advances slipped 1.3% to £79.4 bn and commitments fell 11.9%, indicating a slowdown in...
10K @ banks: growth in NII and fees plus positive operating leverage w lower criticized assets, continued share buyback and potential V gains for some. Importantly loans to NDFIs are 17% and diversified by borrower+ tech sector is less than...
LoanDepot reported a 23% quarter‑over‑quarter increase in loan origination volume, reaching $8.04 billion—the highest since 2022. The surge lifted its market share to 1.4%, up 19% from the prior quarter. Company executives attributed the growth to recent technology investments, including AI...
Grab Finance is offering short‑term in‑app loans to Philippine ride‑hailing partners with an effective annual interest rate exceeding 230%, reaching about 277% for a typical PHP 11,000 loan. The loans are repaid through daily deductions from the riders' e‑wallets, a model...
