All articles by Refna Tharayil
Cardo AI announces $15m Series A funding
The $40 trillion asset-based finance and private credit market continues to operate with outdated systems, manual processes and fragmented data
Temenos launches on-premises generative AI platform with Nvidia for banks
Powered by Nvidia’s accelerated computing platform, including GPUs and Nvidia AI Enterprise software, the latest offering enables banks to process unstructured data securely and efficiently on-site
Class8 secures $22m in Series A led by Xplorer Capital
The company intends to utilise the new capital to accelerate its efforts in transforming the trucking industry by placing carriers and drivers at the core of decision-making processes
Modulr acquires accounts payable automation disruptor Nook
Modulr is bringing Nook’s comprehensive functionality to its established network of thousands of accountants and businesses already using its innovative and award-winning payment products
NatWest partners with NCR Atleos to transform self-service banking
The British banking group is upgrading its network of over 5,500 ATMs and multi-function devices, including those in partnership networks
Higo Bank adopts DTCC’s ITP services to automate post-trade operations
The adoption of DTCC’s ITP services will streamline Higo Bank’s trade confirmation processes, creating a more efficient and cost-effective system
Toronto Transit Commission implements smart charge management solution for electric bus fleet
This implementation is part of PowerON Energy Solutions’ comprehensive partnership with the TTC as their turnkey provider for electrification infrastructure
Doo Financial gets CySEC licence to bolster global reach
Doo Group’s regulatory framework includes multiple financial jurisdictions such as the UK, Australia, Hong Kong, and Malaysia
ASIC takes legal action against NAB for failing to address hardship applications
Documents filed in the Federal Court this week allege that between 2018 and 2023, the Australian financial institutions did not meet their obligation to respond to these applications within 21 days timeframe mandated by law
Telered and Discover Global Network sign strategic alliance
The launch of Project Clave 2.0 was attended by officials from, the Superintendency of Banks of Panama, the Panama Banking Association, the Chamber of Commerce, Industries, and Agriculture, local financial institutions and credit unions, among others