back Back

Impactsure & Tesselate to boost Corporate Banking, Trade and Supply Chain Finance

By Gloria Mathias

December 19, 2023

  • AI
  • Banking technology
  • Commercial Banking

Impactsure, Technology slutions, Corporate Banking, Trade Finance, Supply Chain finance, Fintech News, Tesselate, hive.t, AI, ML, India Fintech , France Fintech, France-based Tesselate and India’s Impactsure have announced a partnership set to reshape the landscape of data-driven decision-making in corporate banking, trade, and supply chain finance.

With Tesselate’s global expertise in corporate banking and its interoperability solution hive.t, combined with Impactsure’s AI/ML and NLP capabilities, this collaboration empowers organisations with seamless, fast, and efficient operational insights.

The synergy underlying the Tesselate and Impactsure partnership is rooted in the pursuit of excellence in providing effective tools to boost corporate banking.

According to the WTO, 80–90% of World Trade relies on Trade Credit, Insurance and guarantees. Many of these operations include rising prices for intensive paperwork, duplicated effort, wasteful labour, error-prone processes, and compliance with stringent regulations.

Hive.t ensures easy connectivity of Impactsure’s AI/ML + NLP-enabled Secure Unified Responsive Engine (SURE) engine for Commercial Banking and Trade Finance. SURE contextually extracts, processes, classifies, scrutinises, and validates structured and unstructured data from documents in many file formats and types. It helps make quick, insightful decisions in scrutinising and analysing complex documents and reduces the time to process documentation from hours to a few minutes.

“We believe in the potential of data to shape the future. Our partnership with Impactsure is a significant milestone in our journey to deliver actionable insights,” said Casimir Veisblat, Head of Innovation and Corporate Banking Advisory Department at Tesselate.

Impactsure’s technology streamlines digital data processing and enhances the quality of information available to decision-makers. This collaboration opens new horizons for organisations seeking to harness the full potential of their data.

Dharmarajan Sankara Subrahmanian, Chief Executive Officer of Impactsure Technologies, said, “Impactsure’s solutions empower banks and financial institutions with secure data extraction, document processing, and analytics for faster and more accurate decision-making. We are excited and confident that Tesselate’s deep experience and connections in global markets will help uncover many use cases where the combined power of our solutions will help banks achieve better business and compliance outcomes while achieving higher transaction volumes and insights.”

Previous Article

December 19, 2023

Updraft raises £272m in debt & equity round for customer financial management

Read More
Next Article

December 19, 2023

Alternative Payments launches Collections Assist for B2B payments

Read More

IBSi Daily News Analysis

digital wallets

March 01, 2024


Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


AsiaVerify & Visa to bolster digital payments and banking in APAC

Read More


Saikyo Bank & nCino to boost operational efficiency and customer experience

Read More


FinTech Focus: Catch latest developments of the week

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023