All articles by Refna Tharayil
Refna Tharayil
GoCardless wraps up acquisition of Nuapay from EML Payments
The transaction will considerably scale GoCardless’ indirect channel proposition and expedite the launch of new capabilities to allow customers to send and collect money through GoCardless
Oma Savings Bank completes acquisition as planned of Handelsbanken’s SME enterprise operations in Finland
As part of the acquisition of the SME enterprise operations, personal banking services for entrepreneurs, excluding asset management and investment services, were also transferred to OmaSp
Goldman Sachs to cut hundreds of jobs in annual review process
The layoffs, which will target underperformers across the bank, are expected to start in the next few weeks
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