All articles by Refna Tharayil
Lichen China launches AI-powered software for financial and taxation solutions
Lichen AI Robot will serve as the Company’s virtual financial and tax advisor in the future, providing tailored financial and tax solutions for individuals and enterprises
CBA invests in UK-based regtech company Global Screening Services
The Australian bank’s investment is part of the regtech company’s $47m Series A2 capital raising
SmartSearch to secure investment from Triple Private Equity
Through its commitment, Triple Private Equity will acquire a majority interest in the digital compliance and AML software provider
BharCap Partners snaps up Red Oak Inventory Finance from ECN Capital
BharCap Partners said that the collaboration facilitates opportunities for optimised processes, improved efficiency, and innovative financial products
Delta Thailand opens new Delta Plant 8 and R&D center for EV production and innovation
The Prime Minister delivered a special address at the event, expressing the government’s delight at the opening of the new factory and its full support for Delta Electronics Thailand as a leading electronics manufacturer and exporter
Denmark’s Danske Bank to migrate key infrastructure to AWS
Danske Bank intends to transfer more than 16,600 virtual and physical servers and over 1,000 applications from its private cloud to AWS
Coast secures $92m for fleet and fuel expense management
Fleet and fuel expense management firm Coast raises $92m in a new funding round. (Credit: Markus Winkler from Pixabay)
BofA merges banking, investing, and retirement mobile apps
The new update unifies the five apps, namely Bank of America, MyMerrill, Bank of America Private Bank, Merrill Edge, and Benefits OnLine into a single personalised experience
nCino’s single platform selected by Desjardins to automate loan origination process through machine learning
After implementing nCino’s Small Business and Commercial Banking Solutions in 2022, Desjardins has been able to increase the speed of its loan origination process by eliminating unnecessary wait times for its members and clients
German fintech firm NX Technologies secures €22m in Series B
The financing round was led by PayPal Ventures and included the participation of Seaya Ventures, Walter Ventures, and NX Technologies’ existing investor Motive Ventures