All articles by Vidya Sagar Maddela
Nasdaq, AuRep partner to enhance regulatory reporting in Austria
The collaboration will modernise Austria’s financial regulatory reporting, shifting 90% of institutions to a cloud-based solution, ensuring compliance with future regulations
Vayu secures $7m funding to expand revenue management platform
Vayu’s unique data metering technology processes large volumes of events daily, enabling B2B companies to easily transition from usage-based pricing only to hyper-dynamic pricing, considering unlimited variables
Bitwise secures $70m financing to boost investment capabilities
Bitwise intends to use the proceeds from the financing round to strengthen its balance sheet and support the buildout of investment capabilities and investor solutions
SimCorp integrates Yield Book into Axioma risk analytics suite
Through the partnership, SimCorp clients are enabled to integrate Yield Book’s advanced securitised debt analytics into the company’s Axioma enterprise risk management system
CMA fines four UK lenders $132m for sharing gilt information
Citi, HSBC, Morgan Stanley and Royal Bank of Canada (RBC) will pay a total of £104.5m ($132.4m), and Deutsche Bank has been exempted from penalties, for alerting the CMA
CredCore secures $16m funding to advance debt investment
CredCore intends to use the funding to enhance its AI capabilities, expand the team and improve its platform to support a wide range of credit market participants and deal types
Deloitte and Basware expand alliance to scale digital finance transformation
The expansion is driven by increasing demand for digital solutions driven by SAP S/4HANA migrations, global e-invoicing compliance mandates, and the need for cost optimisation through accounts payable (AP) automation.
TransUnion, FICO partner to advance credit risk solutions in Kenya
TransUnion Kenya and FICO will integrate enriched data and advanced analytics to help lenders serve previously underserved individuals and SMMEs, building financial inclusion and economic growth
PhotonPay enhances global payment solutions with AI tools
The initiative enhances the speed of PhotonPay’s Know Your Customer (KYC) and onboarding processes and improves operational efficiency while adhering to PCI-DSS Level 1, FATF, and other compliance standards
Invalda INVL invests €30m in INVL Private Equity Fund II
INVL Private Equity Fund II is the second-generation private equity fund under Invalda INVL that aims to reach a hard cap of €400m and has already raised €305m in its first closing