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
The UK government has opened a consultation to amend the Appointed Representatives (AR) regime, which lets non‑financial firms provide financial services without full authorisation. The move follows an August 2025 policy statement that flagged weak oversight of certain ARs and the resulting consumer protection risks. Proposed legislative tweaks aim to tighten supervision while preserving the regime’s ability to drive innovation and competition. The consultation invites industry feedback before finalising the reforms.
The episode examines Midland Bank's 1984 decision to eliminate fees for cheques, statements, and standing orders, effectively making personal banking free in the UK. It explores how this bold move reshaped the competitive landscape, prompting other banks to adopt similar...
The state accessed funds held in the Gold and Foreign Exchange Contingency Reserve Account (GFECRA). When Treasury spent the funds, liquidity surged through the banking system, forcing the SARB to manage (“sterilize”) the excess cash, so short-term rates didn’t fall below...
A recent Finextra survey of 300 fintech leaders shows AI has moved from experimental pilots to core operations, with 85% of institutions now using it and the AI‑in‑fintech market projected at $30 billion by 2025. Predictive analytics are evolving into an...
Housing affordability is so strained that America's largest homebuilder D.R. Horton is advertising 3.99% mortgage rate buydown + $15,000 toward closing costs in Northeast Florida right now
Ripple Granted Full EU Electronic Money License in Luxembourg - Fintech Schweiz Digital Finance News - FintechNewsCH https://t.co/qV8sL92Tof https://t.co/Cczo1Sx4QO
Cash App, the Block‑owned peer‑to‑peer platform, rolled out a new payment‑link feature that lets users generate a URL to request money. The link can be pasted into texts, emails, or direct messages, pre‑loading the requested amount for the recipient. Cash...
Noelle is _always_ worth reading, but today is especially good Stablecoins and the new Gresham’s Law https://t.co/OPJ4BdgNVj "So, the US ended up with a system of good money, bad payments." https://t.co/B0xMfEdzHl
The episode examines the UK’s new regulatory framework for buy‑now‑pay‑later (BNPL) services, which places providers under FCA oversight and mandates clear disclosure of terms, affordability checks, hardship support, and a route to the Financial Ombudsman. It highlights concerns about “phantom...
The episode examines how Apple’s new payment rules in Japan, introduced to comply with the Mobile Software Competition Act, are still imposing 15‑20% commissions even on external payment methods, prompting a coalition of over 600 companies to claim the fees...
Lloyds Banking Group announced it will shut 95 more branches – 53 Lloyds, 31 Halifax and 11 Bank of Scotland locations – between May 2024 and March 2027. The closures will leave the group with about 610 branches after the...
BNY was named the Best Trade Finance Bank in North America, reflecting its robust portfolio and eight global trade centers. The bank leverages high credit ratings, competitive pricing, and a suite of digital tools to streamline trade processing, risk mitigation,...
Zelle processed over $1.2 trillion in U.S. peer‑to‑peer payments in 2025, marking a 20% year‑over‑year increase and surpassing the $1 trillion milestone reached in 2024. Transaction volume rose to 4.2 billion, a 16% jump, with daily averages of $3.4 billion moving through the network....
A federal judge upheld Illinois' Interchange Fee Prohibition Act, which bans card‑swipe interchange fees on sales tax and gratuities, finding that the National Bank Act does not preempt the state law. The ruling, issued by Judge Virginia Kendall, also struck...
Sponsor banking, the bridge between fintechs and regulated banks, is under intense regulatory scrutiny but remains a vital conduit for expanding financial access. Anthony Sharett, President of Pathward, argues that the model’s future lies in gradual evolution rather than radical...
"Between 2016 and mid-2023, 354 banks provided $429 billion to the 100 biggest steel producers, suggesting that finding capital isn’t the main challenge." https://www.bloomberg.com/news/articles/2026-02-11/banks-backing-green-steel-fund-false-solutions-report-says
Supposedly only 2% of financial institutions now report no use of artificial intelligence 🤔 https://t.co/fJGLehjCf2
The UK Financial Conduct Authority will begin regulating buy‑now‑pay‑later (BNPL) providers from 15 July 2026 under a temporary permission regime (TPR). Firms active on 15 July 2025 must apply for TPR and confirm registration intent by early May, while those opting out must halt...
Teciem Launches as Standalone Firm After Apax Acquires Finastra’s TCM Division - Fintech Schweiz Digital Finance News - FintechNewsCH https://t.co/8Q95tmVsv6 https://t.co/w4YfeaaFtC
Chat agents automated the interface, not the experience. The hard part isn’t the conversation. It’s workflow orchestration. https://t.co/FfdWO6WYov
Commonwealth Bank of Australia reported a solid second‑half 2025 performance, with cash net profit climbing 6% and earnings per share increasing $0.19. The bank highlighted disciplined growth across its core retail and business segments despite cost‑of‑living pressures and global uncertainty....
The push toward a cashless economy is accelerating, but the hidden fees and infrastructure demands are creating a financial burden for low‑income and unbanked consumers. As merchants adopt digital terminals and fintech platforms expand, cash‑only transactions become increasingly costly or...
India’s government is considering raising the foreign direct investment (FDI) cap for banks from 20% to 49%. SMART MOVE. MORE FDI = MORE BANK CAPITAL = MORE LENDING CAPACITY https://t.co/agaPK9vbzO
The European Central Bank appointed Thomas Broeng Jorgensen as Director General for Specialised Institutions and Less Significant Institutions, effective 1 March 2026. In this role he will directly supervise specialised banks and coordinate the oversight of less‑significant banks through national supervisors. Jorgensen succeeds Patrick Amis,...
EximPe, a cross‑border payment startup, has secured the Reserve Bank of India’s final Payment Aggregator Cross‑Border (PA‑CB) licence. The authorisation lets the firm enable global merchants to collect Indian consumer payments via UPI, cards, wallets and other methods, with settlements...
Spark introduced Spark Prime and Spark Institutional Lending, extending more than $9 billion of stablecoin liquidity to hedge funds, trading firms and fintechs operating under traditional custody rules. The offerings combine over‑collateralized loan structures with a unified risk framework that spans...
The U.S. Court of Appeals for the Third Circuit affirmed that the Best Price Rule applies only to shares actually taken up and paid for in a tender offer, not to shares the offeror cannot lawfully acquire. The ruling arose...
Recent research by Michael Bordo and Edward Prescott shows that the Federal Reserve’s decentralized structure generated fresh banking‑policy ideas in the 1950s and 1960s. In response to industry consolidation and legal reforms, the Board and regional Reserve Banks hired industrial‑organization...
The European Supervisory Authorities (EBA, EIOPA and ESMA) released joint Guidelines on ESG stress testing, offering a unified framework for national banking and insurance supervisors. The document outlines how to embed environmental, social and governance risks into existing stress‑test models...
ESMA has published a set of Principles for Risk‑Based Supervision to create a unified supervisory culture across the EU. The framework outlines how regulators should identify, assess, prioritize and address risks to investor protection, financial stability and market order. By...
On 14 January 2026, the European Securities and Markets Authority (ESMA) issued its second thematic note addressing sustainability‑related claims, specifically ESG integration and ESG exclusions. The guidance highlights the varied interpretations of these terms and warns that ambiguous usage can...
The European Supervisory Authorities (EBA, EIOPA and ESMA) have signed a Memorandum of Understanding with the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority to coordinate oversight of critical ICT third‑party service providers under the Digital...
The article argues that the U.S. legislative debate over stablecoins will decide whether digital dollars become bank‑like deposits or remain programmable assets that spur competition. It highlights how stablecoins now serve as payment rails, collateral, and yield sources, prompting banks...
FINQ has introduced two U.S. large‑cap equity ETFs—AIUP and AINT—where an artificial‑intelligence model exclusively selects, weights and rebalances holdings. The AI engine ranks every S&P 500 component daily using market, financial and textual data, guiding long‑only and long‑short exposures respectively. The...
Printable check designs are gaining traction as businesses seek to modernize traditional payment methods while retaining the benefits of paper checks. By using on‑demand templates, companies can generate professional checks directly from accounting software, eliminating bulk ordering and reducing turnaround...
PitchBook’s latest report shows U.S. private credit remaining resilient despite a modest year‑over‑year dip in January transaction volume. Eight mega‑deals exceeding $1 billion offset the slowdown, while mid‑market issuance stayed robust, highlighting depth in smaller opportunities. Leveraged‑buyout transactions shifted toward fewer,...
Goldman Sachs disclosed $2.36 billion in crypto assets in its Q4 2025 13F filing, marking a modest rise from the prior year. The portfolio is split between $1.1 billion of Bitcoin, $1 billion of Ethereum, $153 million of XRP, and $108 million of Solana, representing less...
Standard Chartered announced that group CFO Diego De Giorgi is leaving immediately to join Apollo Global Management as a partner and head of EMEA. Peter Burrill, the bank's group head of central finance, will serve as interim CFO while a permanent replacement is...
👀 https://lnkd.in/etCquTsi
“You shouldn't be found guilty of unlicensed money transmision only because other people used your software” https://t.co/afdHBJ8VQK
Toast announced a partnership with Instacart, linking its restaurant platform to the Instacart Marketplace and making Instacart Business available for same‑day grocery procurement. The integration adds SmartScan barcode optimization and catalog attribution tools, enabling restaurants to quickly add items and...
Data governance is critical but tough. Without executive support, clear roles, and resources, committees stay reactive. Done right, it drives strategic decisions and strengthens both insights and cyber resilience. https://t.co/brZ80xsiyu
Fiserv reported a disappointing fourth quarter, with adjusted revenue of $19.8 billion up 4% year‑over‑year but operating margin slipping 200 basis points to 37.4%. The company’s stock has tumbled from $230 to $60 as earnings per share fell 2% to $8.64....
European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief - https://t.co/TJ18SQs5Bg via @FT
Stripe is in talks to launch a tender offer that could value the payments company at more than $140 billion, Axios Pro has learned from multiple sources. https://t.co/ZdKZhv7qn6 https://t.co/uSM0o6lKUo
Square announced the UK launch of SquareAI, a free conversational AI tool that helps merchants interpret sales data and make faster decisions. Blue Payment Agency expanded its services to high‑risk e‑commerce merchants selling restricted items, while Duck Creek Technologies will...
Fosun Wealth’s Asian Yield-Bearing RWA Stablecoin Finds Its Home on Avalanche https://t.co/na0QP4gUl5 FinChain and ChinaAMC just launched Hong Kong's first yield-bearing RWA stablecoin (FUSD) on Avalanche enabling institutional liquidity on-chain today. https://t.co/5HDATqXC0e
Wise’s Commercial Director for the Americas, Lauren Langbridge, drove two domestic payment network expansions—Direct Pix in Brazil and Zengin in Japan—while laying groundwork for additional connections. She secured new partnerships with Wealthsimple and Interactive Brokers (IBKR), extending the Wise Platform’s reach into retail...
Indonesia, home to one of the world’s largest unbanked populations, is accelerating digital finance to boost inclusion. The Financial Services Authority outlined three policy priorities—sector resilience, a contributive ecosystem, and sustainable finance—to guide the effort. PT Bank Rakyat Indonesia (BRI)...
