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.
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By the numbers: Huntington Bancshares completes Cadence Bank acquisition
Banks must protect trust while delivering real‑time digital services, prompting CIOs to balance speed, innovation, and regulatory risk. Tata Communications identified four forces—Simplification, Network as a strategic asset, AI readiness, and Precedent‑free leadership (SNAP)—that now shape technology agendas in financial services. These forces compel banks to consolidate complex hybrid stacks, prioritize ultra‑low‑latency connectivity, and build clean data pipelines for AI at scale. Executives who master SNAP can turn operational resilience into a competitive advantage.
In this episode of Banking Transformed, Jim Marous and a lineup of industry leaders explore how banks can learn from the bold branding and cultural disruption of Liquid Death. Guests discuss leveraging visionary partnerships, generative AI, and platform strategies to...
In a speech in Nicosia, ECB Executive Board member Piero Cipollone presented the digital euro as a cornerstone for Europe’s payment autonomy, security and competitiveness. He emphasized the ECB’s readiness to issue retail central‑bank digital money while maintaining wholesale settlement...
Stake, a fractional real‑estate investment platform, closed a $31 million financing round led by Emirates NBD, bringing its total capital to $58 million. The raise backs Stake’s rapid expansion beyond Saudi Arabia into the United States and supports its regulated offering in the Kingdom....
Asia‑Pacific private credit is entering a rapid expansion phase, with issuance projected to rise from $59 billion in 2024 to $92 billion by 2027. Industry leaders such as SC Lowy and Moody’s cite digitalization, the energy transition, and infrastructure needs as primary catalysts,...
India’s corporate funding is increasingly sourced domestically as the yield gap with US Treasuries narrows to about 2.5%, eroding the cost advantage of foreign‑currency debt. Deepening private‑credit markets now finance even near‑investment‑grade borrowers, exemplified by a recent $3.4 billion rupee‑denominated deal....
Chuck Fagan, CEO of Velera, told PYMNTS that credit unions must make "speed to member impact" their primary KPI, measuring how quickly they deliver solutions from concept to market. He warned that the term "credit" alienates millennials and Gen Z,...
Cross‑border payments are undergoing a structural shift as CFOs demand more predictable, liquid, and compliant solutions. FinTech firms have accelerated speed and API‑driven usability, opening new corridors and transparent pricing. At the same time, banks are investing in modern settlement,...
Pan‑African payments firm Nairagram completed a ₦10 billion commercial paper issuance, fully subscribed within 48 hours after regulatory clearance from the Central Bank of Nigeria. The capital will fund operations across 37 African countries, accelerating expansion in key markets such as Nigeria,...
Swedish fintech Treyd has surpassed £200 million in UK lending since its 2022 launch, making Britain its biggest market with more than 500 customers. The company plans to double its UK client base by 2027, targeting underserved SMEs that need rapid...
The National Bank of Ethiopia announced sweeping foreign‑exchange reforms, letting exporters retain 100% of their foreign‑currency earnings in designated accounts and permitting banks to issue payment cards linked to those accounts. The minimum $100 requirement for foreign‑exchange savings accounts has...
Fibe, the former EarlySalary, posted FY25 operating revenue of Rs 1,228 crore, a 49% increase from the prior year, while net profit rose 13% to Rs 114 crore. Interest on loans remained the dominant revenue stream, exceeding Rs 1,000 crore and representing over...
Chase’s IHG One Rewards Premier Credit Card now offers a limited‑time welcome bonus of 175,000 points after $5,000 spend in the first three months, a 35,000‑point increase over the prior offer. The $99 annual‑fee card grants instant Platinum elite status,...
MrBeast bought a teen banking app with 7M users. His goal: teach Gen Z how to build credit, save, and invest. He says nobody taught him money skills—so he's building the tools he never had. This isn't about YouTube views. It's about owning...
Counting down the days to #MPE2026 with my @Consult Hyperion Hat on! Join me in Berlin: https://t.co/COnbfNb691 Move payments forward, #MPE2026 is your place. @mpecosystem #Payments #Fintech #MPEBerlin #ILoveMPE https://t.co/XpEOPoPtB3
China is accelerating the rollout of its interest‑bearing digital yuan (e‑CNY) across Southeast Asia, launching cross‑border pilots such as the China‑Laos settlement system and expanding access through commercial banks. The People’s Bank of China’s new management framework aims to turn...
In this episode, Lindsay Borgeson, President of Partner Banking at Core Bank, explains how her community bank built the CoreX Banking‑as‑a‑Service platform from the ground up, emphasizing a compliance‑first mindset, early regulator engagement, and careful tech‑partner selection. She highlights the...
🇰🇭#Cambodia's payment infrastructure: Outsourced to overseas vendors, platforms and foreign-owned banks. How to maintain the country's sovereignity?
New Zealand’s housing market has entered a sharp correction, with the REINZ house‑price index falling 0.6% month‑on‑month and 16.2% from its early‑2022 peak, equating to a 30% real‑terms loss since 2019. Mortgage rates have dropped to pre‑pandemic levels after the...
Banks are moving from traditional overnight benchmarks to quoting liquidity rates on an hourly basis, reflecting tighter funding conditions and the rise of electronic trading platforms. The shift provides more granular price signals, allowing lenders to capture real‑time balance‑sheet pressures...
The Bank of England is spearheading a sovereign payment system to challenge Visa and Mastercard’s dominance in the UK. A dedicated industry group will receive detailed infrastructure blueprints next year, outlining the technical and regulatory framework. The initiative aims to...
Maestro AI, an AI‑powered platform for mortgage origination, secured $1.2 million in pre‑seed funding led by New Stack Ventures, with participation from Family VC, ZFO, Roark’s Drift, and local angels. Founded by industry veteran David Rogove—who previously built and sold Wemlo...
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The South African Reserve Bank (Sarb) has released a consultation paper proposing to scrap the prime lending rate (PLR) and use the repo rate, known as the SARB policy rate (SPR), as the benchmark for loan pricing. The PLR currently...
Philippine fintech Maya, an all‑in‑one digital banking app, is eyeing a U.S. IPO that could raise up to $1 billion. The platform now serves 5.4 million customers and disbursed 68 billion pesos ($1.2 bn) in loans in 2024. Its filing comes amid a volatile...
J.P. Morgan’s Kinexys platform demonstrated kinetic treasury by instantly minting $40 million of stablecoins using a tokenized vacation‑home as collateral, freeing a semiconductor shipment for a Rotterdam logistics firm. The transaction bridged a retail client’s idle digital asset with an institutional...
MoonPay announced MoonPay Deposits, a cross‑chain funding solution that lets users top‑up applications directly from any crypto wallet, regardless of token or blockchain. The service automatically handles swapping, bridging, and routing, delivering the chosen asset to the destination wallet. It...
UK bank leaders are convening to launch a sovereign payments network, DeliveryCo, as an alternative to Visa and Mastercard. The initiative, backed by City funders and the Bank of England, aims to mitigate risks from potential US political actions, such...
Andrew Baker has been promoted from chief technology officer to chief information officer at Capitec, succeeding Wim de Bruyn who led the role since 2014. Baker joins the CIO post after four years driving Capitec’s migration to Amazon Web Services and...
As AI Agents Take on Tasks in the Real World, New Risks Emerge By 2026, human website visits drop 20% while machine-initiated traffic surges 40%. Zero-click economy emerging where personal AI negotiates on your behalf. Banks must authenticate agents, not just...
"Under the Gensler era, there's no way BlackRock or Apollo would have come into the space. Even in the absence of the Clarity Act." -- @perkinscr97 https://t.co/mCyinRw3Uv
Japanese fintech PayPay Corp. announced a U.S. market entry strategy that pairs a Visa partnership with an upcoming initial public offering. The collaboration will enable PayPay to bundle its Balance, Card and Bank services into a single Visa credential, expanding...
Resilience today means being future ready. Can your infrastructure pivot as rates change, markets shift, or new competitors emerge? https://t.co/jCrVklXEuZ
The Reserve Bank of India released its final external commercial borrowing (ECB) framework, removing the mandatory "current account" condition for banks to become designated authorized dealers. While the RBI clarified that ECB proceeds may be used to purchase land and...
The NAHB’s AD&C Financing survey shows that in Q4 2025 the cost of credit for residential builders fell to its lowest level since 2022. Contract rates dropped across land acquisition, development, speculative and pre‑sold single‑family loans, and effective rates fell even...
The Hindu BusinessLine letters highlight three regulatory concerns. First, they argue that the credit‑deposit ratio alone cannot gauge bank health and call for abolishing the Cash Reserve Ratio to improve deposit mobilisation amid RBI’s new risk‑based insurance premiums. Second, they...
The Reserve Bank of India released draft norms requiring Authorised Dealer Category‑I banks to report all rupee‑denominated foreign‑exchange derivative transactions undertaken by their related parties worldwide. This follows earlier steps that mandated primary dealers and banks to disclose rupee interest‑rate...
Backbase and Plaid have announced a partnership that embeds Plaid’s secure, real‑time financial data connectivity into Backbase’s AI‑powered Banking Platform. The joint solution tackles data fragmentation, streamlines onboarding, and delivers a 360‑degree view of customers’ financial health. It replaces fragile...
The real fear is not replacement. It’s ownership of knowledge. AI systems are capturing workflows, decisions and expertise that once lived inside employees’ heads. The strategic question is no longer who loses a job, but who controls the institutional intelligence being built....
Deutsche Pfandbriefbank posted a preliminary 2025 loss of €250 million before tax, primarily due to accelerated U.S. exit costs, high provisioning and fair‑value adjustments. Operating income fell to €422 million despite a 23% rise in new business volumes, while office‑focused commercial real‑estate...
The Reserve Bank of India’s new capital‑market exposure framework, effective April 1 2026, mandates 100 percent collateral backing for all bank loans to brokerage firms and bars banks from financing proprietary trading desks. Brokers plan to petition the RBI for clarifications as the...
The episode examines how the rise of digital financial systems and AI-driven transaction monitoring intersect with human trafficking, highlighting the ways illicit funds are concealed within high‑volume, low‑value digital payments. It discusses the vulnerabilities of automated identity verification, synthetic identities,...
Digital payments and real‑estate markets saw notable shifts on Feb. 16, 2026. Hoot Host rolled out an expanded SaaS platform integrating PayPal, Square and Stripe, while cryptocurrency exchange OKX obtained a Malta Payment Institution license to extend stablecoin payment services across the...
United Travel Bank (UTB) has long been a workaround for credit‑card airline incidental credits, allowing travelers to deposit funds and receive fee reimbursements. Recent Reddit and Flyertalk posts suggest UTB stopped triggering these credits after February 5‑6 2026. Historically, similar reports have...
The "Invisible Wallet" Era Para @get_para launches API to make blockchain wallets "invisible" for fintechs. Translation: Users will move value on-chain without ever knowing they're "using crypto rails" Mass adoption actually happens through abstraction. A stablecoin story for now.🔗 https://t.co/Z04QtauE1A
Federal Reserve Vice Chair for Supervision Michelle Bowman announced that the Fed will soon propose two mortgage‑related regulatory changes aimed at lowering banks' capital costs and encouraging greater bank participation in mortgage origination and servicing. The proposals could revise Basel...
For community banks to have a fighting chance, we must have regulator support of innovation. Even the smallest steps of progress are scrutinized as “novel”. VC Bowman’s efforts should help, but adoption of her new norm must be faster than...
ESMA’s MiFIR reporting page shows the test environment for schema v1.4.0 will open in February 2026, but exact dates remain unconfirmed. The new XML schema removes the separate FITRS quantitative reporting channel, shifting equity transparency calculations to transaction reporting data...
Capital One is reshaping its business by bringing embedded finance capabilities in-house through two high‑profile acquisitions. The 2024 purchase of Discover gave the bank broader credit‑card reach, payment rails and consumer data, while the January 2026 acquisition of Brex adds...
Fintech firm Slice announced that its founder Rajan Bajaj has been appointed Managing Director and Chief Executive Officer, with the appointment cleared by the board, shareholders and the Reserve Bank of India. Bajaj, who previously served as Executive Director, steered Slice...
Eaglestone Management’s leadership team combines deep project‑finance banking experience with hands‑on infrastructure execution. CEO Pedro Neto brings over 30 years and involvement in more than €50 billion of global projects across energy, transport and concessions. Managing Partner Nuno Gil adds 25...
