All articles by Vidya Sagar Maddela

Vidya Sagar Maddela

Summit Financial acquires stake in Meeder Wealth Management

Meeder Wealth Management would benefit from Summit’s in-house platform, SummitVantage, along with a team of professional strategy experts in financial planning, insurance and investments

Janus Henderson acquires private credit manager Victory Park Capital

Janus said the acquisition is anticipated to further expand its capabilities in the private markets

Exicom to acquire Australia-based DC fast chargers maker Tritium

The acquisition will provide Exicom with access to the Australian EV chargers maker’s advanced manufacturing facility in Tennessee, US, along with an advanced engineering centre in Brisbane, Australia

US finance companies OBDC and OBDE to combine operations

The combined company will be managed by Blue Owl Credit Advisors, all current OBDC officers and directors will continue in their current roles, and the combined company’s shares will be traded on the New York Stock Exchange (NYSE)

JP Morgan Payments partners with PopID to boost biometric payments

JP Morgan Payments will offer a biometric checkout solution powered by PopID, which uses enhanced facial identification, to create a secure and convenient method for customer identification and payment authentication

Aurora Mobile to support Bank of Zhangjiakou’s digital transformation

Aurora Mobile will leverage its customer engagement platform and marketing technology services, to help the Chinese urban commercial bank’s digital transformation

FIS partners with Curinos to help its core banking clients optimise deposits

With effective deposit optimisation, financial institutions can easily achieve their growth targets, maintain strategic resilience against economic challenges, and offer competitive interest rates and product combinations to their customers

Plannr, Asset-Map integrate technologies to improve advice experiences

Under the partnership, Plannr will integrate its automation capabilities with Asset-Map’s intuitive visualisations, to boost the performance of financial advisers, thereby advancing advice experiences in financial planning practices

BNP Paribas enters exclusive talks to acquire AXA Investment Managers

BNP Paribas and AXA are expected to sign an agreement for the proposed transaction by the end of this year, subject to the information process and consultation with employees’ representatives

Tungsten Automation rolls out AI-powered e-invoicing solution

The solution, dubbed InvoiceAgility, is designed to simplify accounts payable (AP) processes while eliminating friction and empowering financial operations through AI-powered workflow automation and it delivers measurable time and cost savings