All articles by Refna Tharayil
Refna Tharayil
Visa to acquire majority stake in payments processor Prosa
Under the terms of the definitive agreement, Prosa’s existing shareholders, including Banorte, Invex, Santander Mexico, HSBC Mexico, Scotiabank Mexico and Banjército will continue to own the remaining portion of the company
Hyundai Motor and Mubadala collaborate on future business opportunities
The agreement will allow both parties to jointly invest and share expertise, leveraging the advantages of Mubadala’s investments and Hyundai Motor’s expertise in various fields, including green steel production, green aluminum production and recycling, as well as advanced air mobility (AAM), and infrastructure for electric vehicles
SAP, PayPal partner to streamline digital payments
By leveraging SAP BTP to develop its digital payments processing solution, PayPal can provide a plug-in for SAP customers to manage payments easily online
Lesha Bank migrates to Temenos’ core banking platform
Through the transformation, Lesha Bank can access the modern application programming interface (API)-driven, cloud-native technology
BNY Mellon taps Behavox to offer AI solution for compliance programme
Through the engagement with the AI-driven compliance solutions provider, BNY Mellon will be deploying Behavox Quantum
NAB, Jarden Wealth to create wealth management firm FirstCape in New Zealand
FirstCape will oversee NZ$15bn ($9.3bn) of funds under management, including NZ$5bn ($3.1bn) of KiwiSaver funds under management
Vertex launches bid to acquire Swedish e-invoicing company Pagero for $555m
Pagero provides solutions to automate e-invoicing compliance through its business network that connects buyers and sellers
Palantir extends digital transformation partnership with UniCredit for five years
Under the extended collaboration, UniCredit will deploy the Palantir Foundry operating system to expedite the bank’s digital transformation and help increase revenue and mitigate risks
Worldline Group’s subsidiary obtains major payment institution licence for Singapore
The MAS license allows Worldline the opportunity to bring its innovative and market-leading payment technology solutions to one of the most advanced and rapidly expanding global markets with huge growth potential
Motive Partners takes controlling stake in fintech firm Splitit Payments
Following the closing of the first tranche, Splitit Payments has voluntarily delisted from the Australian Securities Exchange