All articles by Refna Tharayil
KKR acquires $373m portfolio of prime auto loans
This investment aligns with KKR’s asset-based finance (ABF) strategy, which focuses on privately originated and negotiated credit investments that are backed by large and diversified pools of financial and hard assets, with attractive risk-adjusted returns
UAE’s NBQ to enhance digital banking experience with Intellect’s iDEP
NBQ by leveraging iDEP is expected to capture a larger market share by providing fully digital experiences for its retail, small and medium-sized enterprises, and corporate customers
SAF taps Sapiens to automate workers’ compensation and digital processes
The state agency will deploy Sapiens DigitalSuite and Sapiens Intelligence via Sapiens’ SaaS platform for a better engaging user experience and improved processing, respectively
Tata Motors, South Indian Bank partner on EV dealer financing programme
As part of the collaboration, Tata Motors and South Indian Bank aim to deliver extensive retail financing solutions to all customers
JPMorgan Chase opens new offices in Mumbai and Bengaluru
The Mumbai campus is a 1.16-million-square-foot facility located on the 23-acre Nirlon Knowledge Park (NKP), one of Mumbai’s largest finance and technology hubs located along the Western Express Highway in Goregaon
Tookitaki introduces CaaS AML solution for small and mid-size financial firms
The new software-as-a-service offering will provide financial institutions with access to Tookitaki’s compliance solution, the Anti Money Laundering Suite, on a secure and self-service platform
Investment and trading platform Moomoo expands into Canada
Through the Canadian foray, Moomoo intends to deliver investors in the country with easy-to-use, pro-grade tools, financial data and insights, allowing them to analyse profitable possibilities in worldwide markets, particularly in the US stock market
LPL Financial adds direct indexing within model wealth portfolios platform
The new offering will be accessible through new custom indexed separately managed account solutions in MWP
Gentari and BMW Group Malaysia sign MoU for green mobility
The signing ceremony held at the Mandarin Oriental, Kuala Lumpur was attended by Deputy CEO of Gentari & CEO of Green Mobility Sdn Bhd, Shah Yang Razalli and Hans de Visser, Managing Director of BMW Group Malaysia
Financial technology firm Payoneer acquires real-time data platform Spott
Through the acquisition of Spott, Payoneer aims to boost its service offerings to extend services to customers across 190 countries