IDEMIA Has Been Chosen by Handelsbanken as Outsourcing Partner for Their Card Personalization

Business Wire India Handelsbanken, a leading Swedish bank claiming the best customer satisfaction in annual survey, will outsource all card personalization processes to IDEMIA.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210824005389/en/   (Photo: Business Wire)…

OpenLegacy to Power Standard Chartered Bank Korea’s API Factory

Business Wire India Provides SCB Korea with system APIs from OpenLegacy’s mainframe core banking application Extends SCB Korea’s business-critical core banking functionalities to the Internet banking service  OpenLegacy, a pioneer in digital-driven integration for core legacy systems, has partnered with…

Kotak Mahindra Bank introduces a DIY Digital Repayment platform, in tie-up with Creditas Solutions

– Transforms post-lending customer experience with a personalised, intuitive and non-intrusive approach MUMBAI, India, Aug. 18, 2021 /PRNewswire/ — To deliver a superior repayment experience for customers and increase efficiencies, Kotak Mahindra Bank  (KMBL) today announced that it has deployed a…

Azentio Software to Acquire Software Assets from Path Solutions, A Leading Core Banking Software Provider

SINGAPORE, KUALA LUMPUR, Malaysia and MUMBAI, India, Aug. 16, 2021 /PRNewswire/ — Azentio Software (“Azentio”), a Singapore-headquartered software products business owned by funds advised by Apax, is pleased to announce the signing of a binding agreement to acquire certain software…

DBS Bank India partners with ODeX to provide hassle-free credit solutions to freight forwarders

– ODeX Pay Later Solutions powered by DBS aims to empower over 8,500 SMEs in the shipping industry – Industry-first platform-based postpaid lending program; offering an unsecured credit line up to INR 50 lakh – Enables ODeX customers to streamline…

Pandemic Spurs Banks’ AI Adoption for AML, SAS Study Shows

Business Wire IndiaA third of financial institutions are accelerating their AI and machine learning (ML) adoption for anti-money laundering (AML) technology in response to COVID-19. Meanwhile, another 39% of compliance professionals said their AI/ML adoption plans will continue unabated, despite…

Australia’s Newest Digital Bank Goes Live on Temenos to Champion Fairer, More Human Banking Experiences

Business Wire India Alex, Australia’s newest digital bank, goes live on The Temenos Banking Cloud to create a hyper-efficient cost structure and offer better value lending products and services to retail customers   Temenos technology simplifies Alex’s loan application journey,…

Juniper Networks Joins Softbank’s 5G Consortium

Business Wire India Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that it has joined the Softbank 5G Consortium established by Softbank Corp. as a founding member, having been named as a 5G-related partner.   As long-time…

DBS clinches global accolade for innovation in digital banking

– The Banker names DBS the Global and Asia-Pacific winner of its Innovation in Digital Banking Awards 2021 – DBS also named Asia’s Best Bank and Asia’s Best Digital Bank in the Euromoney Regional Awards for Excellence 2021 MUMBAI, India,…

Class Raises $105 Million in Series B Funding Led by SoftBank Vision Fund 2

New Funding to Accelerate Growth and Fuel Global Expansion WASHINGTON, July 28, 2021 /PRNewswire/ — Class Technologies Inc., the company enhancing virtual and hybrid classrooms by adding teaching and learning tools to Zoom, has raised a $105 million Series B funding…