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UK’s FSCS selects Cognizant to Drive Digital Transformation
United Kingdom’s Financial Services Compensation Scheme Selects Cognizant as Technology Partner to Help Drive Digital Transformation
Cognizant today announced that the United Kingdom’s Financial Services Compensation Scheme (FSCS) has selected Cognizant as its technology partner to help FSCS enhance customer experience using digital technologies.
As part of a three-year agreement, Cognizant will help simplify, modernise and further secure a broad range of FSCS’ systems and applications to help meet the digital needs of customers. This will help FSCS to handle claims more efficiently and accurately and employ new channels to enhance its customer service.
“We are pleased to partner with FSCS to develop and modernise its systems and applications, driving higher operational efficiencies, while laying the foundation for continuous digital improvements,” said Vivek Daga, Vice President and Head of the UK and Ireland for Cognizant. “By combining deep technology, domain and public sector experience, Cognizant will help FSCS lower its costs, improve customer experience and deliver better business outcomes.”
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Kanastra Raises $30 Million Series B from F-Prime to Spearhead Brazil’s Private Credit Infrastructure Development
Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank's investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America's largest bank. The new capital will be used to accelerate product development, deepen automation across the private credit funds lifecycle, and expand Kanastra's client base.
I&M Bank Launches Tanzania’s First Mastercard World Elite Debit and Multi-Currency Prepaid Cards on OpenWay’s Way4 Platform
I&M Bank Tanzania, in partnership with Mastercard and OpenWay, has introduced the country's first Mastercard World Elite debit and multi-currency prepaid cards. Powered by OpenWay's Way4 digital payments platform, the new products cater to the evolving needs of Tanzania's affluent and middle-market customers by offering lifestyle privileges, advanced security, and seamless international transactions.
Sage Unveils Next-Generation, Integrated Cloud HR & Payroll Solution for Mid-Sized Businesses in South Africa
Today, Sage, the global leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launches its integrated Sage HR & Payroll Advanced solution for mid-market companies in South Africa. Targeted at organisations with high-complexity payroll needs, the all-in-one, cloud-based payroll and HR software is a powerful step forward in simplifying how mid-sized businesses pay, manage and engage their people.
Atom Bank Bolsters Family Support By Increasing Maternity and Paternity Leave
Atom bank, the saving and lending specialist, has today announced a significant enhancement to its maternity and paternity leave policies.
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