All articles by Refna Tharayil
US Department of Treasury taps J.P. Morgan for account validation services
Under the terms of the agreement, J.P. Morgan will verify critical payment information for the federal government prior to the issuance of payments
TotalEnergies will install and operate 1,100 high-power EV charge points
The tender launched by the German Federal Ministry for Digital and Transport (BMDV) aims at establishing a nationwide, needs-based and user-friendly fast-charging network of 8,000 additional charge points, at more than 1000 sites throughout Germany
Centerbridge, Wells Fargo partner on direct lending to middle market companies
Centerbridge Partners aims to launch Overland Advisors, which aims for at least $5bn in investible capital, to address the alternative credit requirements of the segment
Paygeon rolls out new financial platform for SMBs to automate invoice payments
The innovative solution leverages advanced artificial intelligence (AI) technology to replace conventional payment workflows that often brings human errors and compliance risks
Credibly to expand small business financial products suite with Green Dot
By leveraging Green Dot’s banking-as-a-service (BaaS) platform, Credibly Business Banking will provide small business owners with a more frictionless banking experience
Entrepreneurial Spirit drives $1.7bn wealth management firm to join Kestra Financial
Symonds brings to Kestra a team of five producers and six operations personnel who offer an unmatched level of service to help clients reach their financial goals
Mercedes-Benz, Mastercard collaborate to roll out embedded in-car payments at pump
The new native in-car payments feature will enable customers to use a fingerprint sensor in their car to make suitable and safe digital payments at over 3,600 service stations in Germany
TCS, Standard Bank extend collaboration to streamline custody and settlement processes
As part of the collaboration, TCS will centralise and standardise Standard Bank’s custody and settlement processes in more than 15 markets with the TCS BaNCS Global Securities Processing Platform
US SEC issues two enforcement actions against DWS Investment Management Americas
The actions are taken over DWS’ failure to develop a mutual fund anti-money laundering (AML) programme as well as the misstatements regarding its environmental, social, and governance (ESG) investment process
Corvallis and Finastra extend partnership to help Italian banks accelerate instant payments offerings
The collaboration extends the scope from Finastra’s SaaS digital banking solution, Essence, to include Finastra Payments To Go, an end-to-end SaaS payment processing solution, and Global PAYplus, a functionally-rich payment hub solution