All articles by Refna Tharayil
Refna Tharayil
ADB, Citi sign agreement to support SMEs and boost trade through supply chain financing
The agreement was signed between ADB’s Trade and Supply Chain Finance Program (TSCFP) and Citibank North America. Enabling more SMEs across developing Asia to access Citi’s supply chain finance offering though ADB’s TSCFP
Tech Data to introduce in Singapore, Australia, and India to offer financing solutions
Backed by select financial organisations, the solutions will be offered exclusively to its partners and end-customers
Altruist secures $169m in Series E round at $1.5bn valuation
The financing round was led by ICONIQ Growth and had the participation from new investor Granite Capital Management along with the firm’s existing investors Sound Ventures and Adams Street Partners
Rivian secures $827m incentive package to expand Illinois EV plant
Secured from the State of Illinois Department of Commerce and Economic Opportunity, the funding will enable the company to ramp up the capacity of the plant to produce its midsized SUV dubbed R2
Finxact and Zafin team up to enhance capabilities and drive core banking transformation
The partnership between the companies is expected to offer better opportunities for banks currently utilising disparate core systems by providing them with Finxact as their ultimate core solution
FINTRAC imposes administrative monetary penalty on The Toronto-Dominion Bank
The administrative monetary penalty has been paid in full by The Toronto-Dominion Bank and proceedings have ended
Sanctuary Wealth acquires Oregon-based tru Independence
The combined entity will support around 120 independent wealth management firms managing over $42bn of client assets across 30 US states
Fingerprint and Oscilar partner to enhance fraud prevention capabilities for fintechs
The collaboration will empower fintech companies, banks, and credit unions to integrate Fingerprint’s device intelligence into multiple user interactions across the customer journey within Oscilar’s platform
Finastra taps OpenFin to advance user experiences for Kondor clients
The financial software applications and marketplaces provider aims to leverage OpenFin’s technology to bolster Kondor’s visual real estate with better workspaces and workflows
Orion Innovation inks key deal with BNI Madagascar for financial services modernisation
As part of the agreement, Orion will implement Temenos’ cloud-based core banking platform into BNI’s operations, modernizing its product portfolio to bring customers personalized, digital-first banking solutions