Month : December 2023

Kelp Is Crafting a Global Currency by Fusing Central Banking Theorem and Blockchain Decentralization
Blockchain Cryptocurrency News

Kelp Is Crafting a Global Currency by Fusing Central Banking Theorem and Blockchain Decentralization

GlobeNewswire
It is Kelp’s mission to succeed where other crypto projects have failed and deliver the promise of digital money by combining actual econometric models and central banking theorems. Kelp is a new cryptocurrency aiming to become the stable foundation of a modern, global financial ecosystem. Its mission is to succeed where......
CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules
Fintech News

CNX Provides Update on Hydrogen Project Location and 45V Hydrogen Production Tax Credit Rules

PR Newswire
Citing delays and increasing uncertainty over implementation rules guiding the use of the 45V hydrogen production tax credit provisions of the IRA, CNX announced it has ended coordination with the Adams Fork project and is evaluating several viable alternative sites in southern West Virginia for clean hydrogen projects. Citing delays......
Nokia and Innova Solutions Partner to Deliver Programmable Network Applications for Enterprises Using Nokia Network as Code Platform
Digital Wallet News

Nokia and Innova Solutions Partner to Deliver Programmable Network Applications for Enterprises Using Nokia Network as Code Platform

PR Newswire
Innova and Nokia will continue to bring innovation to life for clients around the globe through groundbreaking programmable network solutions with this partnership. Nokia and Innova Solutions, a global digital transformation solutions provider, announced a partnership that will utilize the Nokia Network as Code platform with developer portal (platform) to......
Dell Technologies Announces Early Results and Increase of Tender Sub-Cap for Cash Tender Offers for Certain Outstanding Debt Securities
News Security

Dell Technologies Announces Early Results and Increase of Tender Sub-Cap for Cash Tender Offers for Certain Outstanding Debt Securities

PR Newswire
The determination of the total consideration / offer to purchase will occur at 10:00 a.m., New York City time, on December 18, 2023. The early settlement date is expected to occur on December 20, 2023. Dell Technologies announced that, in connection with the previously announced cash tender offers (collectively, the......
ReCo, a Subsidiary of 100GROUP, Announces Acquisition of EZ SecurePay Online Payments Platform, Expanding Its FinTech Reach in the Government Sector
Digital Payments News

ReCo, a Subsidiary of 100GROUP, Announces Acquisition of EZ SecurePay Online Payments Platform, Expanding Its FinTech Reach in the Government Sector

PR Newswire
ReCo, a subsidiary of 100GROUP, announces acquisition of EZ SecurePay online payments platform. This acquisition will enable us to broaden our reach, optimise payment processes, and ultimately improve service delivery. ReCo is pleased to officially announce its strategic acquisition of the EZ SecurePay online payments platform for municipalities from F&E......
Finance of America Receives Continued Listing Standard Notice from the NYSE
Fintech News

Finance of America Receives Continued Listing Standard Notice from the NYSE

Business Wire
Finance of America plans to notify the NYSE within ten business days of its receipt of the Notice that it intends to bring the Company into compliance with this listing standard within the six month cure period. Finance of America intends to remain listed on the NYSE and is considering......
KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans
Finance Fintech News

KKR Acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

Business Wire
The KKR investment directly highlights the strength and scale of our Asset-Based Finance business, which has experienced unprecedented growth alongside the rapid expansion of this market.  KKR, a leading global investment firm, announced today that funds and accounts managed by its credit business have led the purchase of a $7.2......
Visa to Acquire a Majority Interest in Prosa to Accelerate Digital Payments Adoption in Mexico
Digital Finance Fintech News

Visa to Acquire Majority Interest in Prosa

Business Wire
Under the Visa and Prosa agreement, Prosa will continue to operate as an independent company with its own technology infrastructure, while Visa looks to expand Prosa’s product offerings with new digital solutions, as well as share its experience and knowledge managing a global network and set of technology capabilities. The......
KBRA DLD Forecasts 2.75% Direct Lending Default Rate in 2024 for Private Equity-Backed Companies; Report Notes YTD Sponsored Rate Rises to 2.1% From 1.9%
Fintech

KBRA DLD Released Monthly Insights & Outlook and Default Reports

Business Wire
KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. Highlights from......
Improving Payments Expands Services with Strategic Acquisition of Science of Sales' Portfolio
Finance Fintech News

Improving Payments Announces Portfolio Acquisition of Science of Sales

PR Newswire
This strategic acquisition launches Improving Payments into their next stage of growth by expanding their innovative payment solutions to underserved industries Improving Payments, a leading provider of payment processing solutions, is pleased to announce its recent portfolio acquisition of New York-based payment processing company, Science of Sales. This strategic move......
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