All articles by Refna Tharayil
Waverly Advisors acquires Gwynn Management
Gwynn Management Company was founded in 1990 by Philip and Nowland Gwynn and focuses on serving high-net-worth families
ABN AMRO deploys NICE CXone to expand digital capabilities across all touchpoints
NICE, with its cloud native customer experience platform, CXone, offers artificial intelligence (AI)-driven self-service and agent-assisted CX software for the contact centre
Bottomline introduces Pay.UK’s Payer Name Verification service for fraud prevention
The new service is delivered through Bottomline Payments Services, to provide businesses with the guarantee that payments are being collected from the named account holder when processing direct debits
Canadian Tire Bank to adopt Temenos Banking Cloud to expedite core modernisation
Temenos Banking Cloud will enable new business models at scale by enhancing the bank’s digital capabilities and creating new products across CTC’s retail brands and over 11 million active loyalty members
Covenant Capital selects Clearwater Analytics for investment data management and portfolio analytics
Clearwater’s state-of-the-art reporting platform will support Covenant Capital’s reporting requirements, offering automation, reporting consistency and an overall improved digital end-user experience
Standard Chartered to divest subsidiaries in five African countries to Access Bank
Through the sale of its business in sub-Saharan Africa with Access Bank, Standard Chartered aims to achieve operational efficiencies by reducing complexity and driving scale
V Wealth merges with hybrid RIA firm Wealth Consulting Group
Wealth Consulting Group offers centralised services including investment strategies, insurance brokerage, financial planning, marketing, admin, practice management, office space, M&A support and various other services for their advisors
CFI Financial launches new third-party trading tool Capitalise.ai
Capitalise.ai will support clients with a range of features designed to improve their trading experience and eliminate human error
Neuberger Berman, Palos Capital and Fintech Ventures to acquire IOU
Under the terms of the Arrangement Agreement, the Purchaser has agreed to acquire all of the issued and outstanding common shares in the capital of IOU other than Shares to be re‐invested by Neuberger, Palos, FinTech and certain representatives of management of IOU, for an all-cash consideration of C$0.22 per Share
IBM, Truist Financial partner on quantum computing in banking sector
As per the terms of the agreement, Truist Financial will obtain access to IBM’s quantum computing systems, expertise, and enablement resources