Banking & Finance

Teo works on digital initiatives to connect with tech-savvy customers Singapore-headquartered Tagit, a leading digital banking solutions provider in Asia, the Middle Erat and Africa with offices in India, Malaysia and the Philippines, has formed a partnership with Singapura Finance...

Second wave Covid-19 may stem budding recovery ICRA Ratings has said that Non-banks (NBFC+HFC) will feel the stress of the second wave Covid–19 lockdowns and movement restrictions imposed by the various states in April-May 2021, given the fact that 25-30%...

New partnership focused on banking and financial services needs in the United States Blue Ridge Bank, the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), has formed a partnership with Aeldra Financial, Inc., a Silicon Valley-based financial...

AUSIS enables Underwriting Transformation for Life and Health Insurance As the insurance industry undergoes a mammoth shift, the effects are being felt across every major process while companies have made large-scale investments in modernizing and evolving claims and processing platforms,...

Indian IT & BPM industry to grow to US$350 billion by 2025 IT-BPM sector has been the prime driver of the office demand in India with employment growing at 6% CAGR over the last decade, reaching about 4.4 million in...

Pandemic: demand for high ticket-sized loans decreased Seventy-three percent of Credit Managers are likely to change lending strategies for unsecured portfolio post-pandemic, according to a report by Atlanta-headquartered Equifax Inc. (NYSE:EFX), a data, analytics, and technology company, and PwC India....

Omidyar Network and Avaana Capital supports pre-series funding FarMart, a mobile-based, agritech platform, has raised Rs.17.7 crore or US$2.4 million in a pre-series A funding round, will focus on product development, user base expansion and scaling its market linkage capabilities....

Acquisition route adopted to enter Indian markets India's data center sector will require investment of US$3.7 billion over the next three years in order to fulfill the 6 million sq. ft greenfield development opportunity for the industry, according to a...

The cloud-enabled credit risk suite helps prevent possible frauds, says Vaidhyanathan BCT Digital, a global Fintech company specializing in regulatory technologies, has launched its specialized Cloud-Ready rt360 Credit Risk Suite to empower banks, NBFCs, and HFCs to quickly implement the...

Constituted: Expert Committee on Investment Funds The International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services and financial institutions in the International Financial Service Centres (IFSCs) in India,...