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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More Awards News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

Recent Posts

Top-5 Coriander Producing Countries in the World, Know the Names

Coriander is a widely used herb that enhances the flavor of dishes around the world.…

7 hours ago

Who is Known as the Second Ashoka? Know the Name

Some rulers in history are remembered not just for their conquests but for their efforts…

9 hours ago

ICC Champions Trophy Winners List (1998 to 2025)

The ICC Champions Trophy, often nicknamed the "Mini World Cup," was introduced by the International…

10 hours ago

Indonesia’s Addition Strengthens BRICS Alliance

Indonesia has officially become a full member (11th) of the BRICS group of emerging economies.…

10 hours ago

Which District of Karnataka is Known as the City of Sarees?

Karnataka, a state in southern India, is known for its rich culture, scenic landscapes and…

10 hours ago

India Squad For Champions Trophy 2025 Announcement

The upcoming Champions Trophy 2025 marks the ninth edition of the ICC Champions Trophy, featuring…

10 hours ago