All articles by Vidyasagar M

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…