Month : April 2024

Nearly 2 in 3 Americans Worry More about Running Out of Money than Death
Finance Fintech News

Nearly 2 in 3 Americans Worry More about Running Out of Money than Death

Fintech News Desk
by Fintech News Desk0
In 2024, 63% say they worry more about running out of money than death, up from 57% in 2022. Gen Xers are the most likely to say this with 71% more worried about running out of money than death, compared to 64% of millennials and 53% of boomers. According to......
Scotiabank Accelerates its Cloud Adoption Strategy Through an Expanded Partnership with Google Cloud
Cloud News Security

Scotiabank Accelerates its Cloud Adoption Strategy Through an Expanded Partnership with Google Cloud

PR Newswire
by PR Newswire0
The Bank will leverage Google Cloud technology to enhance client and employee experience, strengthen Bank security, and adopt new technologies, like generative AI, more quickly. Scotiabank announced an expanded partnership with Google Cloud, naming it the enterprise cloud platform of choice for the next phase of the Bank’s cloud acceleration......
H.I.G.-Capital-Completes-Acquisition-of-Segers
Fintech Investments News

H.I.G. Capital Completes Acquisition of Segers

Business Wire
by Business Wire0
H.I.G. is partnering with the current management team to support Sergers continued growth. H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Segers Aero Corporation (“Segers” or the “Company”).......
Surefire Local Secures Strategic Partnership with Sunflower Bank for Accelerated Growth
Banking News

Surefire Local Secures Strategic Partnership with Sunflower Bank for Accelerated Growth

PR Newswire
by PR Newswire0
The funding will further develop Surefire Local’s technology and sales operations. Through its marketing software, Surefire Local provides a platform for local businesses that helps them find new customers, engage them with targeted marketing campaigns, and save time to reinvest in their businesses. GenNext Media, dba Surefire Local a leading......
Ecommerce-Innovator-Spresso-Secures-Initial-Series-A-Funding-Led-by-Funds-and-Accounts-Managed-by-BlackRock
Artificial Intelligence Fintech News

Ecommerce Innovator Spresso Secures Initial Series A Funding Led by Funds and Accounts Managed by BlackRock

Business Wire
by Business Wire0
This investment will help accelerate the company’s global expansion, empowering businesses with a comprehensive suite of data-driven tools to optimize growth, profitability, and operations. Spresso, a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”). This......
BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect Platform with Kyriba's Scalable SaaS Solution
Investment Services News

BNY Mellon and Kyriba Announce Collaboration to Combine Short-Term Investment LiquidityDirect Platform with Kyriba’s Scalable SaaS Solution

PR Newswire
by PR Newswire0
This development combines Kyriba’s secure, scalable SaaS solution to BNY Mellon’s LiquidityDirect platform to enhance liquidity performance and unlock greater cash visibility. BNY Mellon, the global financial services company, announced a new collaboration of its short-term investment platform, LiquidityDirect, with Kyriba, a global leader in cloud treasury and finance solutions.......
AGMH Enters Strategic Partnership with AI Service Provider RDA to Construct AI Data Centers
Fintech News

AGMH Enters Strategic Partnership with AI Service Provider RDA to Construct AI Data Centers

PR Newswire
by PR Newswire0
Under the MOU, RDA will strategically collaborate with AGMH to pioneer innovative initiatives in constructing AI hyper-connected GPU-driven data centers. Leveraging RDA’s advanced Digital-twin platform and Company’s purpose-built data centers for AI workloads, the partnership aims to validate designs, optimize predictions, improve PUE, and enable intelligent monitoring. AGM Group Holdings,......
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital
Fintech News

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital

PR Newswire
by PR Newswire0
Provided by SVB’s national fintech practice, the financing facility will support Parafin in providing capital to businesses on premier platforms such as DoorDash and Amazon. Silicon Valley Bank (SVB), a division of First Citizens Bank, along with lending partner Trinity Capital Inc. (“Trinity”), announced that it has provided a $125......
Nuvei Secures MPI License in Singapore to Accelerate APAC expansion
Fintech News

Nuvei Secures MPI License in Singapore to Accelerate APAC expansion

PR Newswire
by PR Newswire0
This new license enables Nuvei to operate three types of payments services in Singapore, including domestic money transfer, cross-border money transfer, and merchant acquisition services. Nuvei Corporation, the Canadian fintech company, announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary......
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