All articles by Refna Tharayil
Fintech Kiwi secures $80m to expand services in US and Latin America
The fintech firm expects to make use of the capital to expand its services and reach more customers across the US and Latin America and to launch new products to establish itself as the primary platform where underbanked Latinos access a wide range of financial services
Payment solutions firm Repay integrates with Q2’s digital banking platform
Through the combination, financial organisations can now buy REPAY and then deliver its payment technology directly through Q2’s digital banking platform
PYOR raises $4m in seed funding round led by Castle Island Ventures
The funding round of the Indian start-up was led by crypto asset venture firm Castle Island Ventures
FinTech Automation licenses FamilyWealth platform to Tactive Advisors
The collaboration is expected to help Tactive Advisors to further develop its technology strategy of a unified wealth management platform to include insurance, banking, and alternative solutions
Siemens to acquire Mass-Tech Controls’ EV division, expanding eMobility offering in India
The cost of the acquisition is approximately Rs. 380 million (EUR 4.3 million) on a cash free and debt free basis and subject to other adjustments that are mutually agreed between the parties to the transaction
Teradata partners with FICO to mitigate fraud with analytic solutions
Through the partnership, the firms aim to offer a fraud solution designed for real-time payments that will help reduce the rising scams and payments fraud in retail banking accounts
Biden-Harris Administration invests $51m in America’s EV charging network
The Joint Office of Energy and Transportation (Joint Office), will administer the Ride and Drive Electric program and has funded DOE’s Idaho National Laboratory to lead the National Charging Experience Consortium
Union Bank of India taps Intellect Design Arena to strengthen transaction banking
Through the collaboration, Intellect Design Arena expects to offer Union Bank of India a fully integrated cash and payments management platform to improve the experience and operational efficiency of the bank’s corporate and small and medium-sized enterprise customers
Temenos launches AI powered digital mortgages for fast responsible lending
The solution enhances productivity and reduces delinquencies for the lenders through automation and intuitive workflows to make quick and prudent decisions, using AI to provide affordability assessments that are transparent and explainable