All articles by 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