All articles by Swagath Bandhakavi
Swagath Bandhakavi
Rapid Finance launches AI tool SPADE for faster loan processing
SPADE employs machine learning to extract crucial data from a variety of loan applications, including those that are handwritten and submitted as PDFs.
Glendale Area Schools Credit Union launches Mahalo’s Thoughtful Banking Platform to upgrade member experience, attract next-gen users
Mahalo’s flexible platform positions Glendale Area Schools to meet evolving digital demands while remaining agile for future enhancements.
Juniper Square secures $130m in Series D at $1.1bn valuation
The company intends to allocate the funds towards advancing JunieAI, a specialised AI platform designed for general partners in private markets.
TCS collaborates with CEB to automate reconciliation processes
The introduction of TCS BaNCS for Reconciliations at the CEB will fully automate the reconciliation lifecycle, covering tasks like transaction matching, exception handling, investigation, and reporting.
Louisiana’s Barksdale Federal Credit Union goes live with Scienaptic AI
15% rise in unsecured loan approvals; auto-decisioning hits 50% across all products.
Zocks partners with eMoney for AI-driven financial planning solution
The integration aims to speed up financial advisory processes by automating tasks related to data sharing and updates, which typically involve manual input.
GrailPay secures $6.7m to enhance bank payment security and intelligence
Based in New York, the company focuses on secure bank payment processing and ACH transactions, providing comprehensive solutions for fintech companies and financial institutions.
CAIS expands platform execution capabilities for ticker-traded alternative investment funds
New functionality provides advisors a unified pre-trade, trade, and post-trade experience for both ticker-traded and subscription-based alternative investment funds.
Mambu and Avenga facilitate Marginalen Bank’s transition to cloud banking
Marginalen Bank’s operational efficiency has been bolstered through a move to Mambu’s API-driven platform, backed by Microsoft Azure Cloud, enhancing agility, scalability, and cost-effectiveness
Capgemini and Dai-ichi Life embark on multi-year collaboration for digital expansion
The initiative aims to utilise India’s skilled workforce to bolster Dai-ichi Life Group’s digital capabilities and technology platforms, enhancing innovation and operational efficiency globally