Month : January 2024

Wirex Launches Innovative Strategy to Tackle Dark Web and Mule Account Risks
Fintech News

Wirex Launches Innovative Strategy to Tackle Dark Web and Mule Account Risks

PR Newswire
by PR Newswire0
Wirex, a leading Web3 money platform, announced a significant enhancement in its measures to combat Dark Web activities and money mule threats. The company has seamlessly incorporated ZeroFox’s cutting-edge Dark Web Monitoring tool into its system, creating a unified solution. This way, a combination of human and artificial intelligence actively......
2024 Automotive Trends: Cars Commerce Explores Driving Forces Transforming Car Buying and Selling
Commerce News

2024 Automotive Trends: Cars Commerce Explores Driving Forces Transforming Car Buying and Selling

PR Newswire
by PR Newswire0
Affordable, Available and American-Made Stand Out as Key Themes Heading Into New Year Cars.com, an audience-driven technology company empowering automotive, released its 2024 Automotive Trends. Economic uncertainty and tight inventory levels remain top concerns in 2024, but Gen Z provides a bright spot for retailers, with 80% of young shoppers......
Virtusa Signs Strategic Collaboration Agreement with AWS to Unveil New Generative AI and Data Lab to Maximize Impact of AI
Artificial Intelligence News

Virtusa Signs Strategic Collaboration Agreement with AWS to Unveil New Generative AI and Data Lab to Maximize Impact of AI

PR Newswire
by PR Newswire0
The Gen AI Lab will accelerate data and AI modernization and migration strategies to achieve a fully optimized architecture delivering data and insight-driven organizations. Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced a multi-year global Strategic Collaboration Agreement (SCA) with Amazon......
DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022
Lending News

DataLend: Securities Lending Revenue in 2023 Reached Modern Record of $10.7 Billion, Up 8.6% Over 2022

PR Newswire
by PR Newswire0
Strong performances of North America and APAC equities, global corporate debt drove revenue to historic high AMC stock generated $511 million in revenue for lenders, most of any security globally The global securities finance industry generated $10.7 billion in revenue for lenders in 2023, according to DataLend, the market data service of fintech EquiLend. The figure......
Vensana Capital Strengthens Team with Promotions and Addition of Venture Partner
Fintech News

Vensana Capital Strengthens Team with Promotions and Addition of Venture Partner

Business Wire
by Business Wire0
Vensana Capital, a leading medical technology-focused venture capital and growth equity investment firm, today announced the promotions of Amrinder Singh, Cynthia Yee, Greg Banker, and Mike Kramer to Partner and Steve Schwen to Partner & Chief Financial Officer. The firm also announced the addition of veteran medtech leader Bill Hoffman......
Intel to Report Fourth-Quarter and Full-Year 2023 Financial Results
Finance Fintech News

Intel to Report Fourth-Quarter and Full-Year 2023 Financial Results

Business Wire
by Business Wire0
Intel Corporation today announced that it will report fourth-quarter and full-year 2023 financial results on Thursday, Jan. 25, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PST that day to discuss the results. Read More About Fintech Interviews: Global Fintech Interview with......
Geospace Technologies Sells $30M in Ocean Bottom Nodes
Fintech News

Geospace Technologies Sells $30M in Ocean Bottom Nodes

Business Wire
by Business Wire0
Geospace Technologies Corporation (NASDAQ: GEOS) today announced a $30 million contract with an international marine geophysical services provider for the purchase of the Company’s latest shallow water ocean bottom nodes known as Mariner™. This contract replaces the approximately $20 million contract announced in June 2023. Delivery of the Mariner products......
RevsUp Introduces Recruiting Industry’s First Performance-Based Pricing Model
Finance Fintech News

RevsUp Introduces Recruiting Industry’s First Performance-Based Pricing Model

Business Wire
by Business Wire0
RevsUp, a leading North American sales recruitment firm, today announced a groundbreaking pricing model where companies pay a fee after their hires have generated revenue for the company. The new model contains three key components – each unprecedented in the space. No more antiquated “percentage-of-salary” fee structure. Instead, companies will evaluate their......
KBRA Releases Research – 5- and 10-Year Deal Credit Metrics
Finance Fintech News

KBRA Releases Research – 5- and 10-Year Deal Credit Metrics

Business Wire
by Business Wire0
KBRA releases a report comparing the credit metrics between the 2023 5-year and 10-year conduit deals. In 2023, the commercial real estate (CRE) securitization market offered 5-year fixed rate loans to borrowers hesitant to lock in longer-term 10-year loans. This led to the market’s first CMBS conduit deal issuance that......
Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital
Finance News

Verona Pharma Enters into Debt Facility of Up to $400 Million with Oxford Finance and Hercules Capital

GlobeNewswire
by GlobeNewswire0
Strengthens financial flexibility to support the Company’s continued growth Verona Pharma plc, announces it and its wholly-owned subsidiary, Verona Pharma, Inc. (the “Company”), have entered into a debt financing facility (“debt facility”) providing the Company with access to up to $400 million from funds managed by Oxford Finance LLC (“Oxford”)......
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