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.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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