All articles by Pradeep Kumar Bairaboina

Pradeep Kumar Bairaboina

FIS deploys cloud-based banking platform for ANZ Bank New Zealand

The Modern Banking Platform is said to have been designed by FIS with API-first functionality to allow financial institutions to take control of their customer experiences

Balance introduces Balance Compliance for Canadian MSBs dealing in virtual currency

Balance Compliance allows to designate default originators (i.e., conductors) and beneficiaries on digital wallets as well as external accounts to streamline compliance workflows

Sesami acquires cash optimisation technology provider planfocus

Currently, planfocus is said to optimise the operations of more than 78,000 bank branches, cash processing centres, and ATMs

The Bank of London announces a multimillion dollar investment in Charlotte and the creation of 350 new jobs

New positions at the US Global Platform and Services division will include software development, compliance and risk, technology operations, infrastructure engineering and business operations

BRP acquires 80% stake in German gearbox technology provider Pinion

Pinion is involved in designing, developing, assembling, and selling mechanical gearboxes for both traditional and electric bicycles

KKR forms strategic alliance with Loop Capital to offer equity research and distribution capabilities

The ability for Loop Capital to offer its services to KKR equity capital markets clients will bolster KKR’s capacity to serve as a full-service underwriter for initial public offerings (IPOs) for both KKR portfolio companies and non-KKR affiliated companies

Valley National Bancorp invests $25m in Israeli VC fund Garage

The American bank holding company plans to set up a designated team to enable the quick and effective integration of Garage’s portfolio firms into the systems of its banking subsidiary, Valley National Bank

BMO expands presence in Japan with securities license

License enables BMO to engage in the marketing, sale and distribution of foreign fixed income securities

Cognizant to help AXA UK & Ireland in transforming technology ecosystem

The American IT company will operate, optimise, and digitally enable part of the insurer’s legacy IT environment in its UK and Ireland operations

FinTech Automation partners with Mastercard for open banking

FinTech Automation has been approved as one of the initial technology integration partners for open banking on Mastercard’s Engage partner network to help businesses build, launch, and grow payment solutions