Categories: Awards

Federal Bank & Vayana Network won the ‘Most Effective Bank-Fintech Partnership’ award

Vayana Network, one of India’s largest trade finance platforms, and Federal Bank, a leading Private Sector Bank have been awarded the ‘Most Effective Bank-Fintech Partnership: Agile and Adaptable’ at the IBSi-Global Fintech Innovation Awards 2021. The award was conferred in recognition of Vayana Network’s partnership with Federal Bank, for automating and simplifying Supply Chain Finance. This year, the Innovation Awards attracted global attention with over 190 participants from 48 countries.

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About the partnership:

Federal Bank partnered with Vayana Network to provide a seamless onboarding experience to dealers through their unique ‘Full Stack’ tech infrastructure – that facilitates end to end digital solution including client supply chain account set up, monitoring, digital authentication of documents on the transaction platform and notification to customers at every step.

Important takeaways for all competitive exams:

Federal Bank Headquarters: Aluva, Kerala;
Federal Bank MD & CEO: Shyam Srinivasan;
Federal Bank Tagline: Your Perfect Banking Partner.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.