Month : May 2023

The Largest Universal Bank in the CEE Region Accelerates Expansion in the Metaverse
Banking News

The Largest Universal Bank in the CEE Region Accelerates Expansion in the Metaverse

PR Newswire
PKO Bank Polski, the largest universal bank in the Central and Eastern Europe, is accelerating its expansion in virtual worlds. Already on 30 May, in its Virtual PKO Rotunda on the Decentraland platform, it will also hold one of the world’s first virtual job fairs in the Metaverse space. The bank......
Finance Leaders Prioritize Sustainable Growth to Offset Inflation and Economic Uncertainty
Finance News

Finance Leaders Prioritize Sustainable Growth to Offset Inflation and Economic Uncertainty

PR Newswire
Finance departments look to automation to support growth strategies and mitigate inflationary costs Tipalti, the leading global payables automation solution, reveals fresh insights into the strategies of global finance leaders in high-growth businesses amidst the current economic climate, with almost 8 in 10 (78%) believing sustainable growth is now more......
Atria Wealth Solutions Recruits $1.1 Billion Wealth Management Team to Cadaret Grant from Signature Bank
Finance Investment Services News

Atria Wealth Solutions Recruits $1.1 Billion Wealth Management Team to Cadaret Grant from Signature Bank

PR Newswire
Former Signature Bank team joins one of Atria’s subsidiaries’ largest branches, American Investment Planners, to continue growth momentum Atria Wealth Solutions, Inc. (Atria), a multi-channel wealth management solutions holding company, announced the recruitment of Edwin Milner, Laura Palacios and Jason Kurz from Flagstar Bank (formerly Signature Bank) to Atria subsidiary Cadaret Grant. Managing nearly $1.1 billion in......
Red Iron Group Announces Strategic Investment in Graphite Financial to Accelerate Expansion and Reinforce Market Leadership
Investment Services News

Red Iron Group Announces Strategic Investment in Graphite Financial to Accelerate Expansion and Reinforce Market Leadership

PR Newswire
Red Iron Group, a Menlo Park-based private investment firm,  announced a significant growth investment in Graphite Financial Group, LLC. In connection with this announcement, Red Iron and Graphite also announced its acquisition of CPM Advisory Group, LLC, with CPM’s business to be combined with Graphite. The three firms came together around......
SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers
Mortgage News

SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers

PR Newswire
SouthState Bank announced the introduction of a new mortgage option called the “Opportunity Advantage Loan Fund” that is designed to help qualified low-to-moderate income (LMI) potential homebuyers overcome the financial barriers associated with purchasing a primary home. SouthState has allocated a sum of $10 million that will be drawn from over a......
Natixis Corporate & Investment Banking Leads Financing for US$364 Million Portfolio of PV Projects in Chile
Finance News

Natixis CIB Leads Financing for US$364 Million Portfolio of PV Projects in Chile

PR Newswire
Natixis Corporate & Investment Banking has closed a US$364 million financing for a portfolio of a solar photovoltaic utility-scale and PMGD plants in Chile, owned and operated by Solek Holding SE. The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a......
IrisGuard and NassWallet Partner in Iraq to Help Unhcr Provide Eyepay Service Through Mobile Money Transfer for Refugees in Need
Digital Wallet News

IrisGuard and NassWallet Partner in Iraq to Help UNHCR Provide EyePay Service Through Mobile Money Transfer for Refugees in Need

PR Newswire
Iris-enabled digital payment services expand in Iraq by integrating with NassWallet for secure and convenient usage by refugees IrisGuard and NassWallet announced a new partnership with the integration and deployment of the award-winning IrisGuard EyePay iris enabled smartphone, EyeCloud platform with NassWallet’s mobile wallet service. The integration will enable a regular verified disbursement......
Equiti Group Acquires Digital Payment Technology Provider Cloud Invest
Digital Payments News

Equiti Group Acquires Digital Payment Technology Provider Cloud Invest

PR Newswire
Equiti Group has announced its acquisition of Cloud Invest, a digital payment technology provider. Equiti Group CEO and Co-founder, Iskandar Najjar, said: “As part of Equiti’s strategic expansion plans, we are excited to move into the digital payment and services space, allowing for operational efficiencies and new revenue segments. Synergies between......
Omdia: Payment Issuers and Acquirers Will Spend $3.1bn on Real-Time Payments in 2023
Digital Payments News

Omdia: Payment Issuers and Acquirers Will Spend $3.1bn on Real-Time Payments in 2023

PR Newswire
Payment issuers and acquirers are prioritizing IT investments towards real-time payments in 2023, with most merchants interested in accepting real-time payments. In preparation for Money 20/20 Europe on June 6 2023, Omdia’s new report has found that 23% of issuers and acquirers indicated real-time payments are their top priority in terms of product development. Key findings......
VBONE Introduces Community-Driven Crypto Protocol to Disrupt Traditional Finance and DEFI
Cryptocurrency DeFi News

VBONE Introduces Community-Driven Crypto Protocol to Disrupt Traditional Finance and DEFI

GlobeNewswire
VBONE, a groundbreaking community-driven protocol and cryptocurrency, is set to transform the landscape of traditional finance (Tradfi) and decentralized finance (DEFI). With its innovative features and a strong emphasis on community participation, VBONE aims to address the pain points of existing financial systems and provide users with a seamless and......
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