All articles by Refna Tharayil
Refna Tharayil
Central Bank extends Sagent Software partnership six years to power servicing at scale
Central Bank will continue powering its scale servicing operations with Sagent’s cloud-based LoanServ system of record
Deutsche Bank unveils new investment manager DB Investment Partners
The investment manager entity will function separately from Deutsche Bank and the latter will retain its existing balance sheet-driven private credit business
Visa invests in Form3 to reduce fraud in real-time payments
Through the new commercial partnership with Visa, Form3 aims to continue its growth journey by developing new products and services
Temenos extends cloud partnership with US-based Varo Bank
By leveraging Temenos Banking Cloud, Varo Bank is able to scale based on customer demands, deploy new products quickly, and substantially reduce operational costs
UK FCA introduces new screening to approve financial adverts
Firms will need to apply to the FCA between 6 November 2023 and 6 February 2024 to continue approving adverts ahead of the new rules coming into force on 7 February
Avantax to go private with Cetera in $1.2bn deal
As per the terms of the agreement, the shareholders of the Nasdaq-listed tax-focused financial planning and wealth management company will be paid $26 per share, without interest and subject to mandatory withholding taxes
Rapid Enterprise updates digital LOS Decisioneer with new capabilities
The latest update to Decisioneer includes an architecture to support multilingual capabilities within the platform to support SMB lenders to better cater to non-English speaking loan applicants
India-based fintech firm Perfios secures $229m in Series D
Perfios will utilise the capital to bolster the company’s continued expansion plans in Europe and North America
UST and mistEO forge strategic partnership to revolutionise climate risk management in insurance and banking sectors
Through this partnership, mistEO will collaborate closely with UST to empower its insurance and banking clients across the US market with invaluable insights into weather and climate risks, specifically in the Property & Casualty (P&C) and Travel Insurance segments
Gotion High-tech to build $2bn EV battery gigafactory in Illinois, US
Upon the completion of the battery plant, it will generate 10GWh of lithium-ion battery packs and 40GWh of lithium-ion battery cells to advance the American EV battery supply chain