CURRENT AFFAIRS

Detailed explanation-1: -Tata Consultancy Services (TCS) has partnered with a subsidiary of Financial Institutions, Inc. ‘Five Star Bank’ on its digital transformation journey.

Detailed explanation-2: -Detailed Solution. In a move towards expanding its strategic partnership, Tata Consultancy Services (TCS) has signed a deal with SBI Cards and Payments Services Ltd. (SBI Card), India’s largest pure-play credit card issuer, to accelerate SBI Card’s digital transformation journey.

Detailed explanation-3: -Today, Five Star Bank is guided by purpose-driven banking, community stewardship, regional and industry expertise, a speed to serve and a commitment to economic development in the communities we serve. In 2021, Five Star Bank became a public company and is listed on the Nasdaq at FSBC.

Detailed explanation-4: -Five Star Bank is an American commercial bank. It was founded in the 1850s in Warsaw, New York as Wyoming County Bank by Wolcott J. Humphrey.

Detailed explanation-5: -Five Star Bank has a long history in Western and Central New York dating back to our origin in 1817. Our predecessor banks each operated in a rural area and they played important roles in helping to meet the credit needs of these communities.