All articles by Refna Tharayil

Refna Tharayil

BlackRock, PIF to establish BlackRock Riyadh Investment Management

The multi-asset class investment platform will be anchored by an initial investment mandate of up to $5bn from the Saudi Arabian sovereign wealth fund

Genpact joins forces with Microsoft to propel finance transformation across enterprises

Through the collaboration, both parties aim to foster innovation for finance organisations across the globe by focusing on using data, technology, and artificial intelligence

BindHQ partners with Ascend to modernise broker management and financial operations

The partnership will leverage BindHQ’s all-encompassing management technology along with Ascend’s portfolio of automation solutions to optimise payments and accounting processes

Ushur introduces digital engagement for KYC and paperless enrollment

KYC regulations require financial institutions to continually verify the accuracy of customer records, such as phone numbers and addresses

Finastra, ScotPayments collaborate to combat fraud with Bacsactive-IP CoP service

Finastra, ScotPayments collaborate to combat fraud with Bacsactive-IP CoP service

Real estate fintech Backflip raises $15m in Series A

The funding round also had participation from the fintech’s previous investors including LiveOak Venture Partners, Vertical Venture Partners, Revel Partners, ECMC, and real estate company Crow

NAB wraps up sale of New Zealand wealth management business to FirstCape

FirstCape has been formed via the consolidation of NAB’s JBWere New Zealand and BNZ Investment Services enterprises, along with Jarden Wealth and Asset Management and Harbour Asset Management

Sumitomo, SMFL and Gogoro to explore partnership to accelerate Gogoro’s global business expansion

Gogoro utilizes big data from its innovative smart batteries and battery swapping platform to transform energy and make it more sustainable and accessible

HCLSoftware to digitally transform customer engagement for State Bank of India

Under the five-year agreement, HCLSoftware will also implement the HCL Unica platform to help SBI in digitally modernising its customer interaction framework

GTCR to take AssetMark Financial private in $2.7bn deal

Based in California, US, AssetMark Financial operates a wealth management platform that supports independent financial advisors and their clients