Tuesday, November 19, 2024
18.7 C
New York

France-based Tesselate and India’s Impactsure forge corporate banking partnership

  • Strategic Partnership Announcement
    • France’s Tesselate and India’s Impactsure form a strategic partnership.
    • Aimed at reshaping data-driven decision-making in Corporate Banking, Trade, and Supply Chain Finance.
  • Collaboration Highlights
    • Tesselate brings global expertise in Corporate Banking and their interoperability solution “hive.t.”
    • Impactsure contributes cutting-edge AI/ML and NLP capabilities.
  • Empowering Organizations
    • Collaboration empowers organizations with seamless, fast, and efficient operational insights.
    • Joint dedication to innovation and excellence in providing effective tools for Corporate Banking.
  • Significance of Trade Credit
    • WTO states 80-90% of World Trade relies on Trade Credit, Insurance, and Guarantees.
    • Operations often involve intensive paperwork, duplicated effort, wasteful labor, and compliance challenges.
  • Technology Integration
    • Hive.t ensures easy connectivity of Impactsure’s SURE engine for Commercial Banking and Trade Finance.
    • SURE extracts, processes, classifies, scrutinizes, and validates structured and unstructured data, reducing processing time significantly.
  • Data-Shaping the Future
    • Tesselate emphasizes the potential of data to shape the future.
    • Partnership with Impactsure seen as a significant milestone in delivering actionable insights.
  • Quotes from Key Figures
    • Casimir Veisblat (Tesselate): Partnership is a significant milestone in delivering actionable insights.
    • Dharmarajan Sankara Subrahmanian (Impactsure): Collaboration empowers banks with secure data extraction, processing, and analytics for faster decision-making.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...

Bank of Valletta Partners with Profile Software for Portfolio Management Upgrade

Bank of Valletta (BOV), Malta’s largest financial institution,...

Zazu Set to Transform SME Banking in Africa

Former Solaris executives Rinse Jacobs and Germain Bahri...

Brian Harkin Joins Centrus as Director of Technology and Innovation

Brian Harkin, a financial services veteran with over...

Centrus Appoints Brian Harkin as Director of Technology and Innovation

Centrus, a UK-based corporate finance firm, has appointed...

Related Articles

Popular Categories

spot_imgspot_img