Karnataka Bank Ltd, a forefront player in the private banking sector, has recently enhanced its collaboration with FISDOM, a leading financial technology company, to launch a comprehensive 3-in-1 investment facility through its mobile banking application, KBL Mobile Plus. This pivotal move is poised to redefine the investment landscape for Karnataka Bank’s customers by offering a […]
Accenture (NYSE: ACN) has announced two significant acquisitions that strengthen its global technology services and consulting capabilities: the acquisition of CLIMB in Japan and Axis Corporate in Spain. These strategic moves underscore Accenture’s commitment to enhancing its service offerings and expanding its expertise in key markets. CLIMB Acquisition Deepens Technology Expertise in Japan Accenture’s acquisition […]
In a landmark deal set to redefine the landscape of artificial intelligence (AI) within the financial sector, Mphasis (BSE: 526299; NSE: MPHASIS), a pioneering Information Technology (IT) solutions provider specializing in cloud and cognitive services, has announced a multi-year global Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). This collaboration is poised to establish […]
In a significant move that reshapes the banking landscape of the mid-Atlantic region, Atlantic Union Bankshares Corporation has officially completed its merger with American National Bankshares Inc. The deal, which closed on April 1, 2024, was previously announced and has been keenly watched by industry insiders. This merger marks a pivotal step for Atlantic Union, […]
Brown Brothers Harriman & Co. (BBH), a leading privately held financial institution, announced a significant enhancement to its Wealth Management and Multi-Family Office services in Houston, Texas. With the strategic hiring of Matthew Summers and Matthew Moncrief as Managing Directors on the Relationship Management team, BBH underscores its deep-rooted commitment to serving the sophisticated needs […]
In a significant move within the tech consulting sector, Texas-based Nespon Solutions has announced the acquisition of Latin American Cloudblue Services. This strategic acquisition is valued not only for the financial investment but also for the broad capabilities and market expansion it brings to Nespon Solutions. Particularly, Nespon Solutions will gain enhanced expertise in Salesforce […]
Simmons Bank, a key player in the financial sector, recently marked a significant milestone with the grand opening of its latest financial center in the Dallas-Fort Worth Metroplex, specifically located at 2498 W. Illinois Ave. This strategic expansion brings the total number of full-service branches Simmons Bank operates in the area to 24, highlighting its […]
In a strategic move to bolster its suite of services, CBIZ, Inc. (NYSE: CBZ), a prominent provider of financial, insurance, and advisory services, has officially announced its acquisition of CompuData, Inc., a leading technology solutions provider based in Philadelphia, PA, as of March 1, 2024. The acquisition price, though not disclosed, marks a significant step […]
In a significant milestone, Karnataka Bank celebrated its 100th Founders’ Day on February 18, 2024. This centennial event was commemorated with the launch of 15 new branches nationwide and the unveiling of a redesigned corporate website, signaling a new era in the bank’s journey towards integrating digital advancements with its rich heritage of customer service. […]
In a key development in the AI-driven solutions space, IT service provider Mphasis and WorkFusion, a leader in digital workforce solutions, have come together. Their collaboration seeks to harness the power of AI Digital Workers across operational domains, particularly within banking and financial services. Revolutionizing Financial Services with AI Digital Workers Recognized as a 2023 […]