All articles by Refna Tharayil
Refna Tharayil
Scienaptic and MDT partner to bring AI-driven lending to credit unions
MDT clients can now access advanced AI capabilities for smarter, more inclusive lending
Upbound completes $460m acquisition of financial health technology firm Brigit
Through the acquisition, the enlarged Upbound will expand its reach to approximately four million active customers
BC Partners and Mount Logan complete acquisition of Runway Growth Capital
Mount Logan acquired the remaining minority stake in Runway through the issuance of $5m in its common shares, while BC Partners and its affiliates secured a majority investment
Summit Financial accelerates strategic growth with stake in $700m Genex Consulting partnership
Genex, led by principals Brian Redders, Michael Sluhan, and Chad Hemphill, is a trusted multi-family office in Kirkwood, Missouri
Infosys Finacle launches asset liability management solution for banks
The solution provides an enterprise-wide view of both on- and off-balance sheet exposures
Danske Bank to implement BlackRock’s Aladdin Wealth platform
Aladdin Wealth offers a unified platform for portfolio management, data analysis, and risk assessment, enabling a more comprehensive approach to wealth advisory services
Sigma360 introduces HyperScan
With its AI-generated summaries of individual risks and focus on reducing false positives, HyperScan simplifies risk screening and open-web searches for compliance professionals and institutions and can cut down on manual efforts by over 50%
Sequoia Financial to acquire investment advisory firm Carlson Capital Management
Through the acquisition, Sequoia Financial aims to expand its national presence, adding CCM’s four Minnesota locations in the Twin Cities, Hastings, Northfield, and Rochester
OneVest raises $20m in Series B led by Salesforce Ventures
The wealth management technology platform plans to use the funding to develop AI capabilities aimed at improving decision-making and client engagement
Trump Media announces expansion into financial services
To diversify the Company’s cash and cash-equivalent reserves of over $700 million as of December 31, 2024, the board has approved the investment of up to $250 million to be custodied by Charles Schwab