All articles by Refna Tharayil
BBVA Spark partners with Capchase for digital analysis of clients
The collaboration will allow BBVA Spark to access Capchase’s technology, facilitating a digital analysis of clients through new technologies like open banking and live connections to financial management software (ERPs) or electronic invoicing sources
Lloyds Bank joins WaveBL’s electronic trade documentation platform
The new partnership will enable Lloyds Bank’s clients to securely and easily transfer fully digital, blockchain-based eBLs between organisations on the WaveBL network
CRB Group introduces fintech investment banking division
The new franchise will help its customers meet their strategic goals by advising on their most crucial decisions, including mergers and acquisitions (M&A), capital markets transactions and other corporate finance matters
Ayvens reaches frame agreement with Stellantis to buy up to 500,000 vehicles
Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies
FWD Group and Microsoft partner on AI-driven insurance experiences
The partnership will provide access to the latest generative AI innovations while also maintaining support for FWD Group’s cloud-first technology strategy
Ashur International Bank to fast-track digital banking with Nutanix
Through the partnership, the Iraqi bank will scale the deployment of innovative cloud-native apps with Red Hat OpenShift on Nutanix
B2B financial solutions platform Simetrik raises $55m in Series B
The company’s solutions are designed to streamline and automate significant financial tasks such as record centralisation, reconciliations, controls, reporting, and accounting
Wintrust Financial and LPL Financial announce strategic relationship
Wintrust Investments, LLC is a broker-dealer and registered investment advisor (“RIA”) with $13 billion of brokerage and advisory assets that are expected to transfer to the LPL platform
IBM partners with Egypt’s FABMisr to transform banking experience
The long-term collaboration will focus on modernising the Egyptian bank’s business processes and overall customer experience, allowing it to offer better reliability, security, and speed to clients
CLARA Analytics secures investment from Nationwide to drive insurance claims optimisation
The insurtech company leverages predictive AI, generative AI, and LLMs to extract intricate data from claims documents to provide claims associates with succinct case summaries, predictive alerts, and actionable suggestions