All articles by Vidyasagar M
Temenos rolls out new enterprise pricing solution for banks
Switzerland-based banking software firm Temenos has rolled out its new-generation Temenos Enterprise Pricing solution to enable banks design, manage and…
SOS to acquire Canadian cryptocurrency technology firm FXK Tech
China-based technology and solutions provider SOS has signed a non-binding letter of intent (LOI) to acquire FXK Tech (FXK), Canada-based…
Goldman Sachs posts 135% increase in profit for fourth quarter of 2020
Goldman Sachs has reported a net income of $4.51bn or $12.08 per common share for the fourth quarter 2020, posting…
Konsentus acquires PRETA’s Open Banking Europe
UK-based regulatory technology company firm Konsentus has acquired Open Banking Europe (OBE) from PRETA, a fully owned subsidiary of EBA…
UOBAM acquires Vietnamese fund manager to expand in Asia
UOB Asset Management (UOBAM) has completed the acquisition of VAM Vietnam Fund Management Joint Stock Company (VAM VN) in Vietnam…
Finastra moves investment management solution to cloud
Finastra has moved its investment management solution Fusion Invest to the cloud to help asset managers digitally transform their operations.…
Tier1 acquires compliance and fraud prevention solution Alessa
Tier1 Financial Solutions, a provider of client relationship management (CRM) solutions, has acquired Alessa, a compliance and financial crime prevention…
Citi reports 7% decline in Q4 2020 net income
Citigroup has reported a net income of $4.6bn, or $2.08 per diluted share, for the fourth quarter of 2020, a…
Capital One fined $390m for violating US anti-money laundering law
US bank holding company Capital One has been charged $390m in civil money penalty by the US Financial Crimes Enforcement…
GM, Goldman Sachs and Mastercard to Collaborate on New Credit Card Programs
The Goldman Sachs Group, Inc. (NYSE: GS) and General Motors Co. (NYSE: GM) along with Mastercard (NYSE: MA) announced today…