All articles by Refna Tharayil

Refna Tharayil

Ant Group launches financial large language model and new applications

Ant Group’s financial LLM is claimed to have been trained on more than hundreds of billions of token datasets containing Chinese financial documents besides over 1,000 billion tokens from general corpus datasets

Capgemini to acquire Exiger’s financial crime compliance division 

Through the acquisition, the French business and technology transformation services company will bolster its offerings in financial crime, risk management, and regulatory compliance services

Quadient partners with REPAY to deliver exceptional payment experiences with accounts payable automation solution 

With the new REPAY integration, Quadient AP enables frictionless payments to vendors and suppliers using their preferred method and channel of payment

Morgan Stanley to launch AI bot for wealthy clients’ financial advisers

By utilising the virtual assistant, bankers can quickly locate research or forms without the need to sift through extensive document repositories

Nucleus’ £242m acquisition of Curtis Banks gets all regulatory approvals

The transaction enables Nucleus Financial Platforms and Curtis Banks to create a retirement-focused adviser platform with about £80bn of assets under administration

BNY Mellon partners with Trustly on open banking payments solution Bankify

By combining BNY Mellon’s transaction payments expertise with Trustly’s open banking capabilities, the new solution is said to offer guaranteed funds for business receivables

Sumitomo Mitsui Trust Asset Management selects Virtu Financial for global execution, workflow, and analytics 

The implementation leverages Virtu’s Triton Valor EMS to centralize the full global suite of investment tools including integrated Algo Wheel routing, pre-trade and post-trade Trading Analytics, RFQ, liquidity sourcing and algorithmic equity execution

Temenos unveils industry-first secure Generative AI solution for banks

The new Generative AI solution will allow banks to categorise and label customer transactions from free text narrative automatically and with a high degree of precision in various languages

IBM expands cloud security and compliance solutions suite to mitigate risk and protect data

The expansion of the IBM Cloud Security and Compliance Center will support customers to constantly supervise and manage their security and compliance from a central dashboard across their hybrid and public cloud environments and not just IBM Cloud

Mastercard, Fintech Saudi join forces to advance Saudi Arabian fintech sector

The partnership has been established in line with Saudi Arabia’s Vision 2030 objectives and ongoing efforts to create a thriving SME sector