All articles by Refna Tharayil
Vault launches online financial platform for SMBs in Canada
Established in late 2021, Vault aims to transform the financial experience for Canadian entrepreneurs and SMBs by offering them a one-stop-shop for managing their money more effectively while saving banking fees
Westpac New Zealand accelerates ISO 20022 compliance with Finastra
The solution has enabled the bank to leverage benefits of ISO 20022’s data-rich MX messaging format whilst providing backward-compatibility with legacy messaging formats, without needing to upgrade its entire payments ecosystem
TPG to buy alternative investment firm Angelo Gordon in $2.7bn deal
As per the terms of the agreement, the US-based alternative investment firm will receive approximately $970m in cash and up to 62.5 million common units of the TPG Operating Group as well as restricted stock units of TPG
Kyndryl to expedite technology modernisation for Belfius
Through the collaboration, Kyndryl will offer robust operational management by delivering private infrastructure platforms-as-a-service, such as the mainframe and distributed servers
SponsorCloud and Equity Trust Company providing automated solution for alternative investment offerings in IRAs
Sponsors and syndicators have the added benefit of exposure to more than $11 trillion in retirement accounts
Allied Payment integrates with Q2’s digital banking platform
Through the integration, financial organisations can now buy Allied Payment’s real-time money movement solutions and are expected to be capable to deliver the solutions to account holders through their digital banking applications
Cable raises $11m to automate effectiveness testing of financial crime controls
Cable is uniquely positioned to help reduce financial crime and provide the transparency that banks, regulators, and consumers want and need
Temenos adds new advisory features to digital wealth solution
With the new advisory features, private wealth managers are anticipated to offer customers instant, real-time visibility into their portfolio and optimise engagement with digital workflows
Bank of America opens Luxembourg branch
The launch means the bank can support clients – corporate, commercial and NBFIs (non-bank financial institutions) – with setting up local bank accounts and provide in-country transaction banking products and services