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Wipro Limited | September 14, 2021
Wipro Limited, a leading global information technology, consulting and business process services company, has partnered with Tennessee-based First Horizon Bank (FHN) to transform the core banking channels and servicing capabilities of VirtualBank, an established digital bank that FHN inherited from Louisiana-based IBERIABANK as part of the merger completed in 2020. The combined entity’s assets are approximately $87 billion.
Wipro worked with six other companies to streamline...
Wells Fargo | March 04, 2020
Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can be charged to customers. One account will limit overdraft fees to once per month and will come with checks, while the other type of account will have no overdraft fees and will not come with checks, Bloomberg reported. The account with limited overdraft fees will come at the cost of $10 a month, while the option withou...
Soldo | July 22, 2021
Soldo, the leading European pay and spend automation platform, today announced the completion of a $180 million Series C investment round, a European record in the spend management category. Temasek, a significant global investor headquartered in Singapore, led the funding.
Sunley House Capital, Advent International's crossover fund, and Citi Ventures are among the new investors in the round, which also includes debt funding from Accel, Battery Ventures, Dawn Capital, and Sili...
NEM | March 16, 2021
The NEM group has created ripples in CBDC space by launching Symbol, the world’s first central bank digital collector token launched on platform. It’s a next generation Proof of Stake (POS) Public Blockchain, boasting its corporate-grade programmability and security. With Symbol, NEM serves the latest technical features which financial institutions can leverage in building Fintech, Healthcare, and Supply Chain Products in this stabilizing economy. This new platform uses XYM, the nati...
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