Finance News Releases

  • Today December 7
May 18, 2022 17:20
Starr Insurance Companies Expands in Thailand
Starr Insurance Companies (Starr) announced an agreement with FPG Insurance Holdings Limited (HK) (FPG) and local Thai shareholders to purchase FPG Insurance Public Company Limited (FPG Thailand), a T
May 18, 2022 15:30
RMS Launches New Cloud-Based Application UnderwriteIQ
RMS®, a Moody’s Analytics company and world-leading risk modeling and solutions company, announces it will be launching a new application, UnderwriteIQ™, hosted on the cloud-based RMS Intelligent Risk
May 13, 2022 10:40
doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go
doola announced today that they have launched a banking product for global businesses that will allow founders to open a US bank account, remotely, from any continent, with no US Social Security Numbe
May 11, 2022 16:00
Indonesia Stock Exchange (IDX) Speeds Up Market Data Delivery to Their Clients Using Denodo Platform
Denodo, the leader in data integration and management, today announced that the Indonesia Stock Exchange (IDX) has chosen the Denodo Platform as a strategic component of their modern data management a
May 11, 2022 11:00
Alter Domus Launches Industry-Leading ESG Reporting Solution for Alternative Investment Managers
Alter Domus, a leading provider of integrated solutions for the alternative investment industry, today announced it has launched an industry-leading Environmental, Social & Governance (ESG) reporting
May 10, 2022 11:40
HCL Technologies to Acquire Digital Banking and Wealth Management Specialist Confinale
HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies (HCL), a leading global technology company, has signed a definitive agreement for the acquisition of Confinale AG, a Switzerl
May 10, 2022 10:30
TA Associates Announces Strategic Growth Investment in Zifo RnD Solutions
TA Associates (“TA”), a leading global growth private equity firm, today announced that the firm has completed a strategic growth investment in Zifo RnD Solutions (“Zifo”), a leading provider of scien
May 04, 2022 17:20
Colleen Denzler, CFA, Joins Loomis Sayles as New Head of ESG
Loomis, Sayles & Company announced today that Colleen Denzler, CFA, has been named the firm’s head of ESG (environmental, social and governance). Colleen, who is based in Boston, will report to David
May 04, 2022 16:10
GoCardless Welcomes Paul Stoddart as President
GoCardless, a leader in direct bank payment solutions, today announced the appointment of Paul Stoddart as President. Stoddart joins from Mastercard where he was President of its New Payment Platforms
May 04, 2022 14:40
FTX Digital Markets Partners with Solidus Labs for Trade Surveillance and Transaction Monitoring Services
FTX Digital Markets (“FTX”), the Bahamian subsidiary of FTX Trading Ltd., today announced that it has partnered with Solidus Labs, a category-definer for crypto risk monitoring, to provide market surv
April 29, 2022 16:34
Following Over-Issuance of Securities Under Barclays Bank PLC US Shelf, and Subsequent Planned Amendments to Form 20-F Filings, Barclays Suspends Market Making Activities in its Own Debt Securities
As detailed in its Q1 2022 results announcement, Barclays determined that it had issued securities in excess of the amount registered under the Barclays Bank PLC (BBPLC) US shelf registration statemen
April 29, 2022 13:50
Molpus Woodlands Group Publishes 2021 Annual Sustainability Report
The Molpus Woodlands Group, LLC published its first annual sustainability report today. This report signals our commitment to becoming a signatory to the United Nations Principles for Responsible Inve
Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to Help Customers Reduce Their Carbon Footprint
April 27, 2022 17:10
Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to Help Customers Reduce Their Carbon Footprint
Personetics, the leading global provider of financial data-driven personalization, customer engagement, and advanced money management capabilities for financial institutions, today announces the launc
April 27, 2022 16:30
Vishal Gupta Joins TA Associates as Director in Mumbai
TA Associates, a leading global growth private equity firm, today announced the recent hiring of Vishal Gupta as a Director in its Mumbai office. “We are pleased to expand TA’s investment team in M
April 27, 2022 11:20
CapVest Acquires Second Nature Brands, the US Based Creator of Premium Snacks and Treats
Funds managed by CapVest Partners LLP (“CapVest”), a leading international private equity investor, have closed the acquisition of Second Nature Brands (“the Company”), a Michigan-based creator of pre
April 22, 2022 11:55
Interactive Brokers Appoints Jill Bright to its Board of Directors
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced the appointment of Jill Bright as an independent director of the firm effective immediately. With over 30
April 22, 2022 11:20
Standard & Poor's Assigns Tawuniya an “A-” Rating; Outlook “Stable”
Standard & Poor's Global Rating Agency has assigned Tawuniya Insurance Company an “A-” rating and outlook “stable”, which is one of the highest financial ratings amongst the insurance companies in the
April 21, 2022 17:15
Techstars Appoints Chief Human Capital Officer, Aparna Ramaswamy & Chief Capital Formation Officer, Kimberly Smith
Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, announces two strategic and operational leader
April 20, 2022 15:30
InvestaX Tokenized Bored Ape #2371
InvestaX launched a new digital asset security tied to an NFT, another groundbreaking investment product that leverages the best of DeFi (Decentralized Finance) and CeFi (Centralized Finance) that cha
April 20, 2022 14:50
Principal Financial Group® Announces Global Financial Inclusion Index
Principal Financial Group® today announced it will launch the Global Financial Inclusion Index (“Index”) in collaboration with the Centre for Economics and Business Research (Cebr). The inaugural Inde
April 20, 2022 10:35
MYPINPAD and SmartPesa Merge to Become the Global Leader in Mobile Payments Acceptance
MYPINPAD, a global leader in mobile-based payments acceptance and digital authentication solutions, and SmartPesa, a leading provider of payments and agency banking solutions, have agreed to merge. Th
April 19, 2022 16:30
Akur8 Launches Akur8 Academy, a New Global Training, Development and Upskilling Program on Insurance Pricing Advanced Practices
Akur8 is excited to announce the launch of its Akur8 Academy - a global training, development and upskilling program for insurance pricing advanced practices. This program is open to actuaries and pri
April 19, 2022 09:30
DC Administration Services Announces ISDA Determinations Committees 2022 Application Process
DC Administration Services, Inc. (DCAS) would like to invite all interested Members of ISDA to apply for a position as a Non-dealer Committee Member of the Determinations Committee for the relevant re
April 15, 2022 11:55
DOV Management Launches NFT Rental and Investment Platform and the Industry’s First NFT Credit Fund
DOV Management (DOV), a New York-based venture capital and private equity firm, today announced that the firm is launching the DOV NFT Hub, an NFT Rental and Investment platform, also a singular commu
April 15, 2022 10:40
HCL Technologies Expands Global Partnership with Avaloq to Accelerate Innovation in Digital Wealth Management
HCL Technologies (HCL), a leading global technology company, has expanded its global partnership with Avaloq, a leading provider of digital banking solutions. HCL will now develop a world-class lifecy
April 14, 2022 11:20
I Squared Capital Appoints a New Fund Partner and a New Senior Policy Advisor
The Management Committee of I Squared Capital is pleased to announce that two dynamic industry veterans are joining our global team. Damian Darragh is joining as a Fund Partner for the ISQ Global Infr
April 12, 2022 11:40
Visa Inc. Appoints Teri List to its Board of Directors
Visa Inc. (NYSE: V) announced today that Teri List has been appointed to its board of directors, effective April 11, 2022. Ms. List was executive vice president and chief financial officer of Gap I
April 12, 2022 11:35
I Squared Capital Names Three New Partners
The Management Committee of I Squared Capital is pleased to announce the appointment of Andreas Moon as Partner, Chenhua Shen as Fund Partner, and Enrico Del Prete as Fund Partner, bringing the total
April 11, 2022 11:00
Akur8 Releases New Research Paper “Credibility and Penalized Regression”
Akur8 released today a new research paper for the actuarial community entitled “Credibility and Penalized Regression.” Developed by a senior team of actuaries and data scientists at Akur8, the purpose
April 08, 2022 11:55
I Squared Capital Closes Its Largest Global Infrastructure Fund to Date at $15 Billion
I Squared Capital, a leading global infrastructure investment manager, has closed its ISQ Global Infrastructure Fund III at the $15 billion legal cap, exceeding an initial target of $12 billion. Inclu
April 08, 2022 10:00
American Express Increases Speed for Fintechs to Launch Cards on the Amex Network, Powered by i2c
American Express (NYSE:AXP) and i2c Inc, a provider of digital payment and banking technology, today announced an expanded global, multi-product agreement that will enable fintechs and financial insti
April 07, 2022 11:45
Lone Star Announces Acquisition of SENQCIA Corporation
Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star has successfully acquired SENQCIA Corporation (“SENQCIA”). Terms of the transaction were not disclosed. Headquartered in
April 07, 2022 09:45
DXC Technology Named a Leader in Everest Group’s Life Insurance and Pensions Report
DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a Leader by research firm Everest Group in its PEAK Matrix® for Life and Pensions Insurance Busine
April 05, 2022 17:20
Gupshup Acquires Active.Ai, the Leading Conversational AI Platform for Banks and Fintech Companies
Gupshup, a global leader in conversational engagement, announced today the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens
March 29, 2022 15:00
Oil Insurance Limited (OIL) Board of Directors Declares $350 Million Dividend and its Shareholders Broaden the Definition of Energy Operations during the 2022 Annual General Meeting (AGM)
OIL held its March 2022 Board Meeting on Tuesday, March 22nd and its 2022 AGM by virtual means on Thursday, March 24th. During the Board meeting, the directors approved the Company’s 2021 financial
March 29, 2022 14:30
Techstars and J.P. Morgan Partner to Invest in Diverse Entrepreneurs
Techstars today announced a new accelerator program powered by J.P. Morgan that will invest more than $80 million in diverse entrepreneurs and founders across the country. Techstars and J.P. Morgan be
March 25, 2022 16:40
BridgeTower Capital Partners with Global Industry-Leading Art Fund Artemundi to Release NFT Series of Master Spanish Artist Francisco Goya
BridgeTower Capital, an innovator in connecting blockchain markets globally, announced a partnership with Artemundi, a leading global art fund, to release a series of NFTs featuring the work of acclai
March 24, 2022 17:00
Invesco Developing Markets Fund Welcomes Bombay High Court’s Ruling
Invesco Developing Markets Fund (“Invesco”), Zee Entertainment’s (NSI: ZEEL) (“Zee” or the “Company”) largest shareholder with an ownership interest of nearly 18%, today issued the following statement
March 24, 2022 16:30
BridgeTower Capital Teams with Securitize and Chainlink to Expand Offerings in Staking, DeFi and Permissioned Markets on Avalanche
BridgeTower Capital, an innovator in connecting blockchain markets globally, is partnering with Securitize, the leader in digital assets securities, to launch the BridgeTower Global Platform offering
March 24, 2022 14:05
Global Processing Services Announces New Partnership With Mastercard to Power ‘Next Generation Payments’ Technology to Global Fintechs
Global Processing Services (“GPS”), a leading global payment technology platform, today announced a new strategic partnership with Mastercard. Today’s announcement expands on the two firms’ longsta
March 24, 2022 10:40
Alter Domus Appoints Vincent Georgel O’Reilly as Head of FI Strategic Partnerships
Alter Domus, a leading provider of integrated solutions for the alternative investment industry, announces the appointment of Vincent Georgel O’Reilly as Head of Financial Institutions Strategic Partn
March 23, 2022 11:10
Western Union Partners with Artajasa to Offer Money Transfer Payouts into Bank Accounts and Wallets
Western Union, a global leader in cross-border, cross-currency money movement and payments, has announced PT Artajasa Pembayaran Elektronis (Artajasa) as its newest bank account and wallet payout part
March 22, 2022 13:45
American Express Travel: 2022 Global Travel Trends Report Shows People are Ready and Eager to Travel and Booking Trips with More Purpose Than Ever
American Express (NYSE:AXP) released the American Express Travel: 2022 Global Travel Trends Report[1] today, which shows people are looking forward to more trips than last year and planning to spend m
March 21, 2022 11:30
Telenor Myanmar Sale to M1 Group’s Investcom Approved: Providing Essential Telecoms Infrastructure as a Vital Service
M1 Group has been informed that the Myanmar Investment Commission has approved Telenor Group’s application for the sale of Telenor Myanmar to Investcom PTE Ltd., an M1 Group affiliate. M1 Group wil
March 18, 2022 15:10
InvestaX Secures Funding From Major Crypto Investment and Capital Markets Firms
InvestaX, a leading MAS (Monetary Authority of Singapore) licensed digital securities platform, announces today that new strategic investors including Coinbase Ventures, Gate Ventures, Token Bay Capit
March 18, 2022 11:30
Société Générale’s GEFA BANK Taps DXC Technology in Journey to Public Cloud
GEFA BANK, a leading financing partner for German SMEs and subsidiary of Société Générale, has selected DXC Technology (NYSE:DXC) for a ground-breaking digital transformation project. With the "G-Rock
March 17, 2022 09:40
Venture Capital Firm, Galaxy Interactive, Appoints Ryan You, 游镕畅, as Partner and Managing Director
Galaxy Interactive, a subsidiary of Galaxy Digital Holdings, Ltd., the largest fund dedicated to the interactive sector, today announced the appointment of 游镕畅, Ryan (Rongchang) You as Partner and Man
March 15, 2022 15:50
Encina Announces $55 Million of Committed Financing Supported by IMM Investment Global Limited
Encina Development Group (“Encina” or the “Company”), a producer of circular chemicals from waste materials, announced today that it has secured a total of $55 Million of equity capital which included
March 11, 2022 15:50
Western Union Suspends Operations in Russia and Belarus
The Western Union Company (NYSE: WU) stands with the world in condemning the unprovoked and unjustified invasion of Ukraine. All of us share the shock, disbelief, and sadness around this tragedy and h
March 11, 2022 10:40
Visa Completes Acquisition of Tink
Visa (NYSE: V) today announced it has completed its acquisition of Tink - an open banking platform that enables financial institutions, fintechs and merchants to build financial products and services
March 10, 2022 10:50
Interactive Brokers Introduces Simple Mobile App for Global Stock Trading
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today launched IBKR GlobalTrader, a simple mobile trading application for investors to trade stocks around the world. With a
March 07, 2022 11:45
Visa Suspends All Russia Operations
Visa Inc. (NYSE:V) today announced it is suspending its Russia operations. Effective immediately, Visa will work with its clients and partners within Russia to cease all Visa transactions over the
March 07, 2022 11:40
Western Union Completes First Closing of its Business Solutions Divestiture
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced the Company has completed the first closing of the divestiture of its
March 04, 2022 15:00
Moody’s Profiles Latest Innovations and Achievements in New Video Series for Upcoming Investor Day Event
Moody’s Corporation (NYSE:MCO) today launched a new series of pre-recorded insights for stockholders in anticipation of its Investor Day event to be held on March 10, 2022 at the New York Stock Exchan
March 03, 2022 16:50
Visa Names Frank Cooper III Global Chief Marketing Officer
Visa (NYSE: V) today announced that Frank Cooper III will join the company as Chief Marketing Officer (CMO) in May 2022. Mr. Cooper will also serve as a member of the company’s Executive Committee and
March 03, 2022 16:38
MSCI to Reclassify the MSCI Russia Indexes from Emerging Markets to Standalone Markets Status
MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that the MSCI Russia Indexes will be reclassified from E
March 03, 2022 12:00
Investor Group Led by Advent International and Permira Completes Acquisition of McAfee
McAfee Corp. (NASDAQ:MCFE, “McAfee”), a global leader in online protection, today announced the completion of its acquisition by an investor group led by Advent International Corporation (“Advent”) an
March 02, 2022 10:40
Hiro Capital Launches Second €300m (/$340m) Videogames and Metaverse Technologies Venture Fund
Hiro Capital - the leading specialist European VC focused on Videogames, Metaverse Technologies, Creator Platforms and Gamified Fitness - today announces the launch of HIRO CAPITAL II, a €300m ($340m)
February 28, 2022 13:40
SKAT Unsuccessful in Court of Appeal against ED&F Man Capital Markets
The Court of Appeal today upheld last year’s High Court decision dismissing claims brought by Denmark’s Customs and Tax Division (‘SKAT’) against ED&F Man Capital Markets. SKAT’s appeal of the High Co
February 24, 2022 11:35
Cohere Capital Completes Strategic Growth Investment in Boostability, a Leading Digital Marketing Technology and Services Company
Cohere Capital, a Boston-based private equity firm focused on investing in leading tech-enabled middle market companies, announced that it has made a strategic growth investment in Boostability (the “
February 22, 2022 11:55
Lenovo Selected as a Constituent Stock of the Hang Seng Index
The Hang Seng Indexes Company Limited has announced that effective 7th March 2022, Lenovo Group (HKSE: 992) (ADR: LNVGY) will be included as a constituent stock on the Hang Seng Index - Hong Kong’s be
February 18, 2022 16:45
TANAAKK Placed US$100M Commitment to New Launched HITSERIES FUND
TANAAKK K.K. (Headquarters: Tokyo, Japan; CEO: Shoichiro Tanaka, “TANAAKK”) announced US$100 million initial commitment to new launched HITSERIES FUND investing Fortune Global 500 in-house SaaS startu
February 18, 2022 15:45
FINEOS Announces Strong Adoption in 2021 of Updated Purpose-Built FINEOS Platform Among Tier-1&2 Employee Benefits Insurance Carrier Clients
In 2021, the FINEOS Corporation (ASX:FCL) continued to display its dominance in the global life, accident and health insurance market by supporting new and existing clients with the completion of 15 n
February 18, 2022 11:33
Arthur D. Little: New Book Disruption Sounds Wake-Up Call For The Traditional Banking System
Disruption, a new book from leading business publisher LID, explores the future of banking in a market where the rules have fundamentally changed. The authors - Ignacio Garcia Alves, Philippe de Backe
February 17, 2022 14:15
Stronghold Launches $100 Million Investment Fund
Stronghold, a payments and financial infrastructure company, has launched Stronghold Capital to invest $100 Million in pioneering companies and funds across three core areas: overlooked and underrepre
February 16, 2022 09:40
Blackstone Announces €21 Billion Recapitalization of Mileway
Blackstone (NYSE: BX) today announced that existing investors in Mileway, its 14.7 million square meter pan-European last mile logistics company, have agreed to recapitalize the company for €21 billio
February 15, 2022 16:00
ACI Worldwide Launches Innovative Global BNPL Solution With Access to 70+ BNPL Lenders via Single Integration
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, today announced ACI PayAfter™ (https://www.aciworldwide.com/solutions/aci-payafter), a new solution that
February 15, 2022 09:11
Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform
Intesa Sanpaolo, Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has selected Thought Machine, the UK-headquartered core banking techno
February 10, 2022 15:27
i2c Partners with Wirex to Expand Prepaid Crypto Card to the US
i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Wirex, a leading borderless cryptocurrency and fiat payment platform to deliver its prepaid
February 10, 2022 09:41
Turkey's 1st Multidisciplinary NFT Collection Beeing Hope Aims to Save Endangered Bees, Local Pine Honey Production
Last summer’s destructive forest fires, which ravaged Turkey’s fertile Mediterranean and Aegean regions, left an indelible mark on the local ecosystem and devastated several local industries. Accordin
February 09, 2022 16:43
Infinity Ventures Crypto Announces Close of Its First Fund at $70 Million
Infinity Ventures Crypto (IVC) has announced the closing of its inaugural fund capped at $70 million. The focus of the fund is to jumpstart and accelerate the growth of global GameFi, DeFi and Web 3 i
February 08, 2022 17:15
Taiyo Pacific Partners L.P. Joins the Yamauchi No.10 Family Office Group
Taiyo Pacific Partners (TPP) is excited to announce it has formed a partnership and will become a part of the Yamauchi No.10 Family Office (YFO). The Yamauchi family famously started and built up the
February 08, 2022 13:55
Fintech Innovator Streetbeat Raises $10M Round, Exceeds 35,000 Clients During One-Month Beta and 125,000 Trading Orders in First Week
Streetbeat, a free investing and trading app for stock and cryptocurrencies with a proprietary marketplace of professional investment strategies, today announced that it has closed $10M in seed fundin
February 08, 2022 13:20
Qredo Announces an $80mm Series A Raise Led by 10T Holdings, with Strategic Investment from Coinbase, Avalanche and Terra
Qredo, the decentralized Layer 2 infrastructure for the custody and settlement of digital assets, today announced the close of one of the largest Series A rounds completed to date in crypto and blockc
February 04, 2022 10:10
Moody’s to Acquire Majority Stake in GCR Ratings, Expanding Presence in Africa
Moody’s Corporation (NYSE: MCO) announced today that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR). GCR is a leading credit rating agency in Africa with
25 per page50 per page75 per page100 per page