Banking News for August 2026
Bank of Maharashtra Expands Loan Book by 27% as Deposits Rise 13% Public sector lender Bank of Maharashtra recorded strong
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BANKING TECHNOLOGY
Open Banking Payments Cross One Billion Mark
Open banking payments in the United Kingdom have crossed the milestone of one billion transactions, marking a major step in
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Open Banking Payments Cross One Billion Transactions
Open banking payments in the United Kingdom have crossed the milestone of one billion transactions, marking a significant expansion of
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India to Launch Shared KYC Platform
Indian banks and insurance companies are expected to begin using a common customer verification platform in August 2026, allowing customers
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Experts Call for National Response to AI-Related Cyber Risks in Banking
As artificial intelligence (AI) adoption rises in banking, experts warn that AI-driven cyber risks could pose significant threats to financial
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Kotak Mahindra Bank Prioritizes AI Investments to Achieve Tangible Business Outcomes
Kotak Mahindra Bank is increasing its focus on artificial intelligence (AI) investments to drive measurable business growth, improve customer experiences,
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Boost Introduces Agentic AI to Transform Everyday Banking Operations
Boost, a fintech platform, has launched agentic artificial intelligence (AI) capabilities into routine banking operations, aiming to enhance personalization, automation,
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Fintech Firm Drives AI Implementation Across 1,500 Banks
A prominent fintech provider is accelerating AI adoption across more than 1,500 banks, helping financial institutions leverage artificial intelligence for
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One Fintech Provider Drives AI Implementation Across 1,500 Banks
A leading fintech provider is accelerating AI adoption across more than 1,500 banks, helping institutions leverage artificial intelligence for operational
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Bank of Maharashtra Launches FinSpark’26, a National-Level Cybersecurity Hackathon to Secure the Future of Banking
Bank of Maharashtra has announced the launch of FinSpark’26, a national-level cybersecurity hackathon aimed at encouraging students and dropouts across India
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