BOLD PENGUIN

FINTECH

IBM | July 30, 2021

IBM and SAP SE announced today that SAP would onboard two of its finance and data management products to IBM Cloud for Financial Services, accelerating IBM cloud adoption in the financial services industry. The collaboration will be geared to assist the companies in meeting the industry's high compliance, security, and resiliency standards, as well as to support financial services institutions' business transformation and innovation. Hybrid cloud environments are becoming ...

FINANCIAL MANAGEMENT, PAYMENTS

Businesswire | March 23, 2023

Cross River Bank (“Cross River”), a leading technology infrastructure provider that offers embedded financial solutions, today announced a new partnership with U.K. based Pay.com. This partnership will enhance and expand Pay.com’s automated payment platform into the U.S. and drive additional growth opportunities. “Cross River’s comprehensive compliance, payments and technology infrastructure increases the safety, efficiency and scalability that our ...

FINANCIAL MANAGEMENT, INVESTMENT MANAGEMENT

BAI | January 18, 2023

BAI, a leading non-profit independent organization serving the financial services industry, has launched BAI Policy Manager to assist financial services organizations in developing, implementing, and monitoring their policies and procedures to ensure compliance with ever-evolving regulatory requirements. Executives can use the end-to-end solution called BAI Policy Manager, created exclusively for financial services businesses, for developing, modifying, communicating, and tracki...

FINANCIAL MANAGEMENT

Astra | September 20, 2022

WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra International Tbk (Astra), one of Indonesia's largest public companies. The completion is marked by the issuance of acquisition approval by the Financial Services Authority (OJK). For this transaction, a WeLab-led consortium, Welab Sky Limited (WeLab Sky), participated in the acquisition together with Astra's s...