All articles by Refna Tharayil
Refna Tharayil
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
CBA and BNY deliver near real-time cross-border payments
Through the new arrangement, BNY commercial payments from overseas to businesses and individuals with Australian bank accounts will now be available to the final beneficiary in under a minute, 24 hours a day, seven days a week
Deutsche Bank settles with over 80 plaintiffs in Postbank litigation
The substantial progress in its negotiations with plaintiffs so far will utilise around 45% of the total provisions set aside for the specific claims by plaintiffs, with the remaining provisions to be released
Tether to develop UAE Dirham-pegged stablecoin
Set to be launched in collaboration with UAE’s multi-billion dollar tech conglomerate, Phoenix Group PLC, and with support from Green Acorn Investments Ltd, the Dirham-pegged token joins Tether’s slate of stablecoin products that include USDt, EURT, CNHT, MXNT, XAUT and aUSDT
HSBC likely to divest South African operations to focus on Asian markets
The bank’s South African business,which operates as a branch of its British division, provides commercial and investment banking services without offering personal or retail banking