All articles by Refna Tharayil
Refna Tharayil
Knowit collaborates with Backbase to enhance digital banking services in Nordics
Through this collaboration, financial institutions across the Nordics now have the opportunity to accelerate their digital transformation
CEC Bank selects Temenos to modernise core banking systems
The state-owned bank will migrate from legacy systems to Temenos’ advanced core banking platform, incorporating specialised solutions for payments and data analytics
AccountsIQ acquires ExpenseIn to enhance cloud-based financial solutions
Through the acquisition, AccountsIQ aims to provide more seamlessly integrated solutions for CFOs, including enhanced expense management, spend card management, and embedded payment functionalities
Element5 transforms prior authorisation process, launches new AI agent solution: Neos
Improve productivity and create staff capacity by transforming the management of your eligibility verifications and authorizations process with intelligent AI agents that communicate, make decisions, and automate actions for business users
Wolters Kluwer launches iLien Borrower Analytics to streamline borrower risk due diligence
iLien Borrower Analytics leverages AI to analyse Uniform Commercial Code (UCC) search documents and produce actionable intelligence reports in a timely and compliant manner
Business finance platform Float Financial secures $49m in Series B
The financing round was led by Growth Equity at Goldman Sachs Alternatives and had participation from OMERS Ventures, FJ Labs, Teralys, and Float Financial’s existing investor Garage Capital
Intel Capital to become standalone investment fund
Intel will remain an anchor investor in the new company
Insignia Financial gets increased $1.78bn offer from Bain Capital
The updated bid represents a 7.5% premium to Bain Capital’s initial proposal of A$4 ($2.46) per share, made on 12 December 2024, and matches a competing offer from CC Capital Partners submitted on 3 January 2025
Nsave secures $18m in Series A, launches investment product
The new investment product allows Nsave customers to access US equities, ETFs, and, in the near future, funds managed by some of the top asset managers via the Nsave app
NASA Federal Credit Union elevates Alkami’s digital banking experience with push provisioning
The partnership has resulted in significant improvements in member satisfaction, digital engagement, streamlined technology integration, and comprehensive experiences across mobile and desktop