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:
The Hampi complex is one of the most significant archaeological and cultural heritages in India,…
The state animals of India have been chosen to highlight the wildlife diversity in India,…
Captain Smit Machchhar, an Indian pilot, has been awarded the First Class Order of Zayed…
According to the World Meteorological Organisation, CO₂, CH₄ and N₂O had increased to record levels…
The Karnataka all-round cricketer Uma Kashvi, who is also known by her maiden name Kashvi…
The Bihar Museum in Patna ranks ninth among all museums worldwide and first among all…