Month : November 2022

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program
Finance News

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
Share repurchase program expands capital allocation optionality and is expected to be funded through existing cash and future free cash flow Sterling Check Corp. announced a $700 million refinancing of the Company’s credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives......
nCino Appoints New Board Member
Banking Cloud News

nCino Appoints New Board Member

Fintech News Desk
by Fintech News Desk0
Co-founder and former CEO of Global Data Consortium, Bill Spruill, joins nCino’s Board of Directors nCino, a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that it has appointed William (Bill) Spruill to its Board of Directors. “Bill is a dynamic and entrepreneurial......
Born From Combat Defense Tech Firm Enters Fintech Market With NovusPoint
Fintech News

Born From Combat Defense Tech Firm Enters Fintech Market With NovusPoint

Fintech News Desk
by Fintech News Desk0
Equitus Corporation, an enigmatic Florida tech firm known mostly for its advanced work in AI and Graph Database intelligence platforms designed for the defense intelligence community, has launched NovusPoint Inc., to meet growing demand for similar capabilities in the finance, banking, and insurance industries. Equitus Corporation spent years developing an entirely new-generation......
Voya Celebrates Success of 24/7 Chatbot and Emerging AI Capabilities
Artificial Intelligence News

Voya Celebrates Success of 24/7 Chatbot and Emerging Artificial Intelligence Capabilities

Fintech News Desk
by Fintech News Desk0
One year since launch, Voya PAL expands upon Voya’s customer experience offerings, engaging in more than 120,000 interactions Voya Financial, Inc., announced the one-year milestone of Voya PAL, an intelligent chatbot providing customers with 24/7 service availability for their workplace benefits and savings needs. Voya PAL was introduced as part......
B2B E-commerce News

RevoluGROUP Canada Inc. Signs Mutual Business Development Strategy Furthering Equity Investment Talks

Fintech News Desk
by Fintech News Desk0
RevoluGROUP Canada Inc. is pleased to announce that it has signed a mutual Business Development agreement on November 25th, 2022, in which the potential Acquirers and the Company agree to a future joint strategy should the equity investment conclude favorably. The addendum is a continuance of negotiations concerning the October 14th, 2022,......
Strategic Risk Associates Raises $12 Million in Series B Funding Led by EJF Capital, JAM FINTOP and FINTOP Capital
Finance Fintech Funding News

Strategic Risk Associates Raises $12 Million in Series B Funding Led by EJF Capital, JAM FINTOP and FINTOP Capital

Fintech News Desk
by Fintech News Desk0
Injection of capital to accelerate growth and enhance SRA Watchtower’s integrated risk platform for financial institutions Strategic Risk Associates (SRA), a leading provider of integrated risk and performance management SaaS technology (Watchtower) for the Financial Services and Insurance Industry, announced the closing of a $12 Million Series B capital raise. This......
B2B News Technology

Patterson Belknap Launches FTX Task Force To Advise On Issues Stemming From Collapse Of Crypto Exchange

Fintech News Desk
by Fintech News Desk0
Patterson Belknap Webb & Tyler LLP announced the launch of an interdisciplinary FTX Task Force to assist market participants in navigating the fallout from the recent collapse of the FTX Crypto Exchange and its affiliates. The group is led by a cross-disciplinary team of attorneys from Patterson Belknap’s Business Reorganization and Creditors’......
Cryptocurrency News Technology

New Hybrid Exchange Ankex Delivers High-Performance Crypto Trading From Secure Self-Custody

Fintech News Desk
by Fintech News Desk0
New crypto derivatives exchange combines the performance advantages of a CEX with the user security and control offered by a non-custodial DEX. Ankex satisfies new investor appetite for full transparency, including real-time verification of proof of reserves. Ankex waitlist opens, with the full launch expected next year. Pre-register for first......
Cryptocurrency News Trading

BitMEX Partners with Solidus Labs To Bolster Comprehensive Transaction Monitoring Programme

Fintech News Desk
by Fintech News Desk0
BitMEX, one of the world’s largest crypto trading platforms, announced that it has partnered with Solidus Labs to provide transaction monitoring across BitMEX’s platform. BitMEX integrated HALO, Solidus’ Unified Market Integrity Hub in October 2022, as part of its mission to provide the highest compliance standards for its cutting-edge trading platform.......
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