All articles by Refna Tharayil
Ramp snaps up AI-powered customer support platform Cohere.io
Cohere.io is a start-up that leverages generative AI and large language models to resolve customer support tickets automatically with greater precision and reliability
LexisNexis introduces RiskNarrative to address risk and financial crime
By utilising automation and decisioning technology, LexisNexis RiskNarrative offers a sophisticated, configurable, and accessible financial crime lifecycle management solution
Arcesium and Confluence partner to deliver efficiencies for buyside
The offering will integrate Confluence’s StatPro Analytics solution, comprising performance, attribution, risk, GIPS, and other investment analytics, with Arcesium’s Financial Data Stack modules and cloud-native data management platform, Aquata
Infosys signs $454m digital transformation contract with Danske Bank
Under the contract, Infosys will accelerate the bank’s digital agenda by improving its IT operations and capabilities with the help of Infosys Topaz
Sumitomo Mitsui taps Burgiss to support asset management business
By leveraging Burgiss’ portfolio management, transparency data, universe data, and investment book of record cashflow data services, Sumitomo Mitsui DS Asset Management intends to better serve its customers and reduce operational overhead
MUFG to buy 80.6% stake in Mandala Multifinance for $470m
Upon the completion of the transaction, MUFG Bank expects to carry out a mandatory tender offer, as per the applicable regulations in Indonesia, for the remaining 19.4% stake in the Indonesian company
EBRD lends €50m to Ukraine’s Ukreximbank
This loan, which falls within the EBRD’s Resilience and Livelihoods Framework aiming to minimise economic damage from the war, was signed at the EBRD’s London headquarters today
Segura Bank taps Temenos to power new digital bank in Latin America
Segura Bank will operate Temenos’ banking platform on Microsoft Azure to provide faster banking services at lower cost
Finastra, Advantaq partner on compliance onboarding for banks in Caribbean
Through the partnership, Advantaq’s compliance solutions are directly combined with Finastra Opics, enabling Caribbean-based banks to onboard their customers in a single portal to offer a seamless customer experience
SAP Fioneer introduces customised banking offering for SMEs
The new solution will allow banks and neobanks to deliver banking capabilities in a digital-first and data-driven approach