All articles by Swagath Bandhakavi

Swagath Bandhakavi

BRI partners with Nium to expand real-time cross-border payment solutions

This partnership empowers more than 150 million BRI account holders, including those in remote regions of Indonesia, to access modern, real-time cross-border payment services

ADQ enters into definitive agreement with Bank Audi led consortium to acquire 96% of share capital of Odeabank

Under ADQ’s ownership, Odeabank is expected to benefit from synergies and accelerate the execution of its growth plans

Central Bank of Kenya authorises JPMorgan Chase to open representative office

The JPMorgan Chase Bank N.A Representative Office Kenya will contribute to the diversity of Kenya’s financial sector and catalyse trade and investments

Safaricom and Mastercard partner to expand remittances and payment acceptance to over 636,000 merchants in Kenya

By embedding Mastercard’s omnichannel acceptance solutions across M-PESA’s merchant space, the partnership is scaling digital payments across Kenya

Bridgewater Bancshares announces strategic acquisition of First Minnetonka City Bank

At the closing of the transaction, First Minnetonka City Bank will merge with and into Bridgewater Bank

Surety Bank chooses Apiture digital banking platform to power online and mobile banking

Apiture solutions will deliver advanced security, operational efficiency, and a seamless customer experience

PCB Financial Merges with Northern California Bancorp and its Monterey County Bank

Merger will infuse capital into Monterey County Bank to expand offerings and capabilities to local businesses

ClearBank secures Dutch banking licence and expands to Europe

The company is now set to provide clearing and embedded banking services across Europe to UK and European institutions

First National receives regulatory nod for acquisition of Touchstone Bankshares

As of 31 March 2024, the combined entity is expected to hold assets totalling around $2.1bn, with $1.8bn in deposits and $1.5bn in loans

Houlihan Lokey to acquire Waller Helms Advisors

Acquisition substantially enhances firm’s coverage capabilities in insurance and wealth management sectors, doubling size of financial services group