All articles by Refna Tharayil
Refna Tharayil
ACI Worldwide extends strategic partnership with Worldpay
The agreement will see ACI continue to provide critical infrastructure to Worldpay to support merchants worldwide
BBVA to boost cybersecurity of operations with Telefónica Tech
The alliance between the parties also involves the establishment of a new specialised cybersecurity centre in Mexico that will serve as a counterpart to BBVA’s existing Global Cybersecurity Centre in Spain
New York Community Bancorp closes of sale of mortgage warehouse loans to Jpmorgan Chase Bank
The Company expects to close on an additional $200 million of mortgage warehouse loans in the near future, once necessary customer approvals are received
UK CMA clears Nationwide Building Society’s £2.9bn acquisition of Virgin Money UK
The British competition watchdog found that the proposed merger will not result in a realistic prospect of a substantial lessening of competition in the supply of owner-occupied mortgages, buy-to-let mortgages, and credit cards
First Financial Northwest announces receipt of shareholder approval for transaction with Global Credit Union
First Financial Northwest, Inc. is the parent company of First Financial Northwest Bank
Lloyds Bank taps Oaktree to support UK middle-market financings
Through the partnership, Lloyds Bank and Oaktree Capital will offer a senior debt solution for new buyouts and refinancings, including term debt, acquisition and working capital facilities, along with agency and full ancillary product services
Mastercard and Premier Bank collaborate to expand digital payment capabilities for Somali businesses
New Premier Payment Gateway enables international online transactions, boosting e-commerce and economic growth in Somalia
Slope raises $65m for AI-powered B2B payments platform
The fintech company offers order-to-cash automation using AI tools that enhance checkout, assess customer and vendor risks, provide embedded short-term financing, and streamline payment reconciliation
Carlyle and KKR to acquire $10.1bn prime student loan portfolio from Discover Financial Services
Carlyle’s investment in the portfolio was led by its Credit Strategic Solutions (“CSS”) team, a group within its Global Credit business focused on asset-backed investments
Morgan Stanley’s Q2 2024 net income increases by 41% to $3.1bn
The American investment bank and financial services company’s net revenue for the reported quarter was $15bn, an 11.6% growth from the net revenues of $13.45bn made in Q2 2023