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Canadian Western Bank partners with Intellect's iGTB for payments transformation - Vimarsana News

Canadian Western Bank partners with Intellect's iGTB for payments transformation

Read more about Canadian Western Bank partners with Intellect's iGTB for payments transformation on Business Standard. iGTB, ranked #1 in the world for transaction banking by IBS Intelligence, will provide CWB with its cloud-based Payments Service Hub (PSH), powered by Microsoft Azure, that will enable more efficient payment capabilities and opportunities to

JP Morgan earmarks $3.8 mn in aid for India employees amid Covid-19 - Vimarsana News

JP Morgan earmarks $3.8 mn in aid for India employees amid Covid-19

Global investment banking major JP Morgan Chase has increased its COVID-19 support to the country manifold, taking the total planned aid to close to $16 million, of which $3.8 million is for supporting its over 35,000 employees in India. The head of the Wall Street major Jamie Dimon had on April 30 had committed an upfront $2 million financial aid along with an appeal to its over 2.5 lakh employees globally to chip in which would be matched by an equal amount by the company. In an internal communication on Thursday, which PTI has seen, Filippo Gori, the chief executive of JP Morgan Asia Pa...

Australia Market climbs to fresh 14-month highs - Vimarsana News

Australia Market climbs to fresh 14-month highs

The Australian share market finished higher for third session in row on Wednesday, 05 May 2021, as investors risk sentiments boosted up on rising commodity prices and strong financial earnings as well as the dovish comments from RBA's interest rate decision yesterday. At closing bell, the benchmark S&P/ASX200 added 27.96 points, or 0.4%, to 7,095.82, reaching its best level since Feb. 2020. The broader All Ordinaries advanced 20.64 points, or 0.28%, to 7,344.18. Most sectors finished in the green, with only IT and consumer discretionary the laggards, down 1.1% and 0.2% respectively. Health ca...

Mphasis to invest GBP 25 mn to establish UK center - Vimarsana News

Mphasis to invest GBP 25 mn to establish UK center

Mphasis expects to: 1. Create close to 1000 UK jobs to begin with; capability to scale and cater to customers even beyond the UK, thus potentially creating a much larger opportunity in the job market. 2. Invest over GBP 25 million upfront towards establishing a UK center. 3. Provide best in class upskill and training in both digital transformation as well as domain expertise in the UK banking & insurance segments. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has ...

Indian Banking Sector Needs To Become Technology Enabled - Vimarsana News

Indian Banking Sector Needs To Become Technology Enabled

There is a greater need for Indian banking sector to become technology enabled and develop tools like APIs (Application Programming Interface) to compete with fintech companies in the credit business, former finance secretary, S. C. Garg said in an ASSOCHAM e-summit yesterday. In his inaugural address in an ASSOCHAM National E-Summit & Awards - Banking and Financial Lending Companies, Garg stated that banking in the digital era will have to fintechalise and public sector banks need to be generally readying themselves for the new age banking as it would improve performance and strengthen thei...