All articles by 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