All articles by Refna Tharayil
Refna Tharayil
KeyCorp and Scotiabank complete initial tranche of strategic minority investment
With this investment, Scotiabank now owns approximately 4.9% of KeyCorp’s common stock
Allica Bank snaps up bridging lender Tuscan Capital
Through the acquisition, Allica Bank aims to utilise Tuscan Capital’s existing expertise in bridging finance along with its broker network
Mastercard selects India for global launch of Payment Passkey Service
Despite the rising popularity of one-time passwords (OTPs) due to their ease of use, they are increasingly vulnerable to online scams such as phishing, SIM swapping and message interception
First Busey to merge with CrossFirst Bankshares in $917m deal
The merger will create a premier full-service commercial bank serving clients from 77 full-service locations across 10 states in the US
ACI Worldwide and Mexipay extend partnership to boost instant payments adoption in Mexico
Mexipay will utilize ACI’s Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real-time payment services
Summit Partners and Vista Equity mull $2bn sale of Trintech
Trintech offers solutions that cover a wide range of financial functions, from high-volume transaction matching and balance sheet reconciliations to intercompany accounting, journal entries, close management tasks, and governance, risk, and compliance
BUSINESSNEXT and Mannai InfoTech form strategic partnership to drive digital transformation in Qatar’s banking sector
The alliance will bring unparalleled benefits to the Qatar banking sector with its specialized AI capabilities like personalized customer intelligence, onboarding journeys, risk rating models, accelerated back-office operations, product recommendations, smart bots, next-best actions, and much more
Visa in talks to acquire British fraud detection company Featurespace
Reports concerning the potential transaction come days after the company’s former non-executive director and tech investor, Mike Lynch, passed away when his superyacht sank off the coast of Sicily
State Street Global Advisors takes strategic stake in Australian fintech platform Raiz
The parties have entered into an equity investment agreement (the “Initial Share Purchase”) as part of a strategic relationship pursuant to which State Street Global Advisors will acquire approximately 5 percent of Raiz’s share capital through a placement
U.S. Bank snaps up Salucro Healthcare Solutions
The U.S. Bancorp’s lead bank made initial investments in healthcare financial technology provider in 2022