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
On February 11, 2026 ISDA and the Association of Securities and Intermediaries in Financial Markets (ASIFMA) sent a joint letter to the Reserve Bank of India requesting clarification on the RBI’s 2025 Master Direction for Rupee Interest Rate Derivatives. The request focuses on how offshore related parties of Indian market‑makers must report IRD transaction data to the Clearing Corporation of India’s trade repository. The letter highlights ambiguities in the reporting framework that could affect compliance and market transparency. ISDA and ASIFMA seek guidance to ensure consistent implementation across domestic and offshore participants.
FHA loans held by borrowers with credit scores between 0 and 619 are experiencing a sharp rise in 90‑day delinquency rates, the steepest since the program’s inception. The surge follows a post‑COVID fiscal stimulus that drove home prices to record...
BankID Norway, serving 4.7 million users, processed nearly 901 million transactions in 2025. Since mid‑2024 it has layered NFC‑based biometric ID verification with iProov’s liveness check, completing one million activations that now represent about half of all new enrollments. The combined approach has...
Cake Wallet introduced self‑custodial Lightning support, allowing users to send and receive Bitcoin instantly on mobile without managing channels, liquidity, or staying online. The integration leverages the Breez SDK and Spark, keeping funds under user control while offering privacy‑by‑default features....
Santander and Mastercard completed Europe’s first fully agentic payment when an AI‑driven agent bought a T‑shirt in Spain, marking the inaugural regulated‑bank transaction of its kind. The pilot used Mastercard’s Agent Pay platform, demonstrating that AI agents can transact while...
Nedbank has secured regulatory clearance to acquire a 66% controlling stake in Kenya’s NCBA for $855.5 million, marking one of the largest cross‑border banking deals in recent African history. The acquisition gives Nedbank access to NCBA’s $5.4 billion in assets, more than...
You have zero control over where you're born, yet billions of people in the world are shut out of accessing financial tools because of it. Finally, this is changing with crypto. Getting access to sound money, loans, stocks, etc from your...
Mercury charges for a bank account while others give it away. Immad Akhund explains why Mercury Personal targets the mass affluent—and what that says about fintech’s next fight. (0:00) Why Charge for a Bank Account Now? (0:23) Akhund: Who’s the “Mass Affluent”? (0:56)...
N3XT Inc., a blockchain‑powered narrow bank, has teamed up with Web3 lender YouHodler to connect its regulated USD Coin settlement infrastructure with the platform’s crypto‑collateral services. The collaboration will extend instant, programmable stablecoin payments to institutional clients across Europe and Argentina,...
In this IMF podcast, Directors Rodrigo Valdés and Deputy Era Dabla‑Norris discuss the surge in global debt, now approaching 100% of GDP, and the challenges of translating fiscal policy into politically viable actions. They explain how pandemic‑driven spending, prolonged low...
Eltropy unveiled the industry’s first Agentic AI platform designed specifically for credit unions, offering a secure environment where AI agents can be created, governed, integrated, and deployed. The solution ties together credit unions, FinTech developers, and core system providers through...
Payra, a Nashville‑based fintech startup, announced a $15 million growth investment from Edison Partners to accelerate its accounts‑receivable automation platform for construction and building‑materials suppliers. The solution plugs into virtually any legacy ERP, even systems up to 30 years old, allowing contractors...
Superform introduced its user‑owned neobank platform with the February 2026 token generation event (TGE) of the $UP token, a 1 billion‑supply asset that powers governance, validator rewards, and vault upkeep. The protocol’s two‑layer design separates Superform Core—leveraging ERC‑7579 smart accounts, hooks,...
Newmark arranged a $172.5 million acquisition loan for The Ben, Autograph Collection, a 208‑key luxury hotel in West Palm Beach, on behalf of Related Ross. The financing was supplied by Nomura and led by Newmark’s senior debt team. The Ben, delivered...
The article traces payment evolution and argues that account‑based payments have become Nigeria’s “flavour of the decade.” It shows how each historic method—from barter to paper money—addressed frictions, but cards introduced new complexities that were overcome by direct bank‑to‑bank transfers....
Payment by ACH has solidified its role as a secure, low‑cost electronic transfer method in the United States. By moving funds in batch‑processed streams, ACH reduces fees and manual effort compared with checks, wires, or credit cards. The network supports...
TRM Labs reports that autonomous AI agents are now handling cryptocurrency fund transfers without human oversight, dramatically accelerating money‑laundering operations. Illegal crypto flows reached $158 billion in 2025, while AI‑powered scams grew roughly 500 % year‑over‑year. These agents can split funds, select...
🇧🇷Brazil’s Pix payment system now processes >224 million transactions daily: Long a stronghold of credit cards, #Brazil's e-commerce market saw #Pix account for 42% of online purchases in 2025, edging past #creditcards cards at 41%. Pix is poised to capture half...
DTCC announced the upcoming launch of next‑generation equities data portals that will give clients a unified view of clearing, settlement and post‑trade processing information from its NSCC and DTC subsidiaries. The portals, built on Snowflake’s AI Data Cloud, feature intuitive...
Dwight Capital has purchased Midland States Bank’s HUD mortgage‑servicing rights portfolio, encompassing more than $500 million in unpaid principal balance tied to skilled nursing facilities, assisted living centers, and hospitals. The acquisition pushes Dwight’s total loan‑servicing assets above $15 billion, reinforcing its...
Corefy’s State of Payment Maturity 2025 study, based on 672 global assessments, reveals that 58.5% of businesses still operate fragmented payment systems, limiting visibility and control. While manual handling has fallen to just 1%, only 11.7% of firms have reached...
Platinum Credit Uganda, a Platcorp subsidiary, secured a $4 million, 24‑month investment from Swiss asset manager Symbiotics to broaden financing for low‑income households and micro, small and medium enterprises (MSMEs) across Uganda. The capital, disbursed on 22 December 2025, enabled a phased rollout...
Standard Chartered reported $1.07 billion in sustainable finance income for 2025, a 9% increase year‑over‑year and surpassing its $1 billion target. The Banking division contributed $610 million, growing 11%, while Transaction Services and Markets added $340 million and $117 million respectively. The bank also achieved...
Financial reports are the most reliable indicator of a Swiss bank’s strength, offering transparent evidence beyond brand reputation. Regular, audited statements that detail capital, liquidity, and risk disclosures allow prospective clients—especially non‑residents—to assess stability and resilience. Easy access to these...
Mark Carlson’s Federal Reserve note examines the era before the Fed when U.S. commercial banks issued their own paper money, backed by a mix of bank assets and government bonds. The piece highlights how those privately‑issued notes depended on a...
Mintoak, the Mumbai‑based merchant SaaS platform, will raise Rs 80 crore in debt through non‑convertible debentures issued by BlackSoil to fund the acquisition of Dubai‑based loyalty‑tech firm ICC Loyalty. This marks the company’s second acquisition in twelve months, after buying Digiledge in...
Total deposit liabilities in the Philippine banking system climbed to ₱20.9 trillion at the end of Q3 2025, a 7.3% year‑on‑year rise driven by a 20.4% surge in deposit accounts to 166.6 million. The increase followed a March 2025 decision to double...
Circle has integrated its xReserve platform with Cardano, launching USDCx—a dollar‑pegged stablecoin fully backed by USDC—directly on the Cardano network. The token uses Circle’s Gateway and Cross‑Chain Transfer Protocol to move USDC across chains without third‑party bridges, allowing deposits from...
Supply‑chain cash flow is tightening as buyers cling to cash, pushing late‑payment rates to 55% and on‑time payments down to 37%. SAP Taulia’s survey of 10,854 suppliers shows a five‑year high 66% interest in early‑payment programs. Suppliers are counter‑acting by adopting...
AI adoption in financial services is now near‑universal, with only 2% of institutions reporting no AI use. The Finastra State of the Nation 2026 survey of 1,509 senior executives shows 60% improved AI capabilities and 43% rank AI as their...
South Africa’s VBS Mutual Bank, once a flagship black‑owned lender, was declared insolvent in 2018 after billions of rand were siphoned through a massive fraud orchestrated by senior executives. The scandal, which implicated politicians, auditors and even a former president,...
Luxembourg's CSSF released Version 7 of its digital‑asset FAQ, aligning fund rules with the EU MiCAR framework. UCITS can now gain indirect exposure to crypto assets up to 10% of NAV, while direct exposure remains barred; AIFs may invest directly, with...
Prolonged tension in the Middle East. Rising oil prices, if sustained, and a weaker Rand. Add the increased fuel levies announced in the budget speech on top of macro concerns, and taking the governor’s conservative nature and the new 3% inflation...
Embedded finance is set to exceed $7 trillion in transaction volume by 2026, cementing its role as core infrastructure for business platforms. However, fraud attempts are rising two to three times faster than in traditional banking, outpacing legacy detection tools. The...
A PYMNTS Intelligence study of 583 U.S. small and medium‑sized businesses reveals that credit cards are now a primary operating tool rather than a backup. Over half of SMBs (54%) mix business and personal cards, 82% rely on cards for...
The European Banking Authority (EBA) has issued its final Guidelines on the capital endowment requirement for third‑country branches under the Capital Requirements Directive. The Guidelines enumerate eligible instruments—government, central‑bank, public‑sector or multilateral guarantees that receive a 0 % risk weight—and set...
AI remakes the org chart | Banking Brief | Evident Insights https://t.co/ukJBBM4aRA “The future of AI-first enterprises is ultimately an organization problem,” JPMC’s Waldron wrote on LinkedIn this week. “Work and intelligence needs to be optimally split across humans and AI.”...
Excited for the @Rise_Pay team and especially excited for their customers. Now if you get payroll paid via Rise, you automatically start earning a fixed income % on that balance, putting your money to work for you better.
Corporate treasurers are urged to expand beyond traditional efficiency measures and adopt ten payments effectiveness metrics that reveal how well transactions complete, where failures occur, and what risks persist. The metrics cover exceptions, processing time, authorization and success rates, chargebacks,...
Stablecoins on Polygon are now spendable at 150M+ merchants worldwide via @Visa courtesy : @oobit
A reminder that this admin is a package deal. Regulatory "tailoring," but also a bunch of new crypto, stablecoin, and ILC charters
J. Safra Sarasin Group has completed the purchase of a 71% stake in Copenhagen‑based Saxo Bank for €1.609 billion, after securing approvals from FINMA and the Danish regulator. The deal, initially announced in March 2025, was adjusted downward following a $50 million AML fine....
Legacy infrastructure isn’t just a technology problem. It’s a speed problem. It slows decisioning, innovation, and the ability to connect modern solutions across the enterprise. https://t.co/f6tGEUmM7Q
McKinsey says agentic AI could fundamentally reshape global banking. But it warns banks not to get trapped in endless pilots and proofs of concept. The competitive edge won’t go to those experimenting the longest, but to those scaling fastest. https://t.co/rrt7ROCCBl @DigWatchWorld @mckinsey
The article traces money’s evolution from medieval tally sticks to paper cash and predicts that by 2050 physical currency will be a relic. It highlights the rapid rise of digital currencies, tokenisation, and AI‑driven financial agents. The author envisions a...
I don’t think this is what community banks had in mind when we advocated for new bank formations. Hope to see more groups of normal citizens, pooling capital to serve their community’s needs.
LATEST: David Sacks praised Patrick Witt for a stablecoin yield compromise in crypto market structure talks and urged banks to reciprocate, while Brad Garlinghouse said the deal is open if banks act in good faith. https://t.co/BJqVPjBY1H
A Bank of Singapore survey of 90 senior intermediaries across Singapore, Greater China and Dubai shows a clear shift toward fixed‑income products as investors brace for anticipated rate cuts. One‑third of respondents expect rising demand for bonds, while alternative investments...
UnionBank of the Philippines reported a 17% drop in net income for 2025, posting P10 billion versus P12 billion the prior year. Despite the profit dip, net revenues climbed to P83.2 billion, driven by robust loan growth and higher transaction volumes. The bank’s...
PhonePe is positioning an IPO for FY27, with an April filing window being discussed, while investors scrutinize its path to sustainable profitability. The fintech’s latest filing shows a shift from consumer‑centric payments to a higher share of merchant transactions and...
