Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

The Marygold Companies Initiates Plans to Adapt its Mobile Fintech App for the UK Market

Business Wire
Experienced Fintech Executive Ian Gass Named Chief Product Officer for Marygold & Co. (UK) The Marygold Companies, a diversified global holding firm, announced that it has appointed experienced fintech executive Ian Gass as Chief Product Officer in the UK, a newly created position, effective immediately. The Company plans to launch......

Printemps Paris Integrates Alipay+ Solutions To Enable Seamless Digital Payment Experience For Asian Customers

Business Wire
The French luxury department store will be among the first major high-end retailers in France to integrate Alipay+ solutions that connect some of Asia’s most popular e-wallets including South Korea’s Kakao Pay Printemps, the French luxury department store, announced the integration of Alipay+, a suite of global cross-border digital payment......

Janus Henderson Extends Partnership with Greenwood Project, Offers Exclusive Seminar by Nobel Laureate

Business Wire
Janus Henderson Investors extended its partnership with the Greenwood Project by granting the organization funds, via the Janus Henderson Foundation, to host a unique seminar for college scholars featuring Nobel Prize winner and Janus Henderson Chief Investment Strategist, Myron Scholes, Ph.D. Latest Fintech Interview : Global Fintech Interview with Anndy Lian, Intergovernmental......

KKR Invests in Perú’s First Open Access Fiber Optic Network to Bridge the Digital Divide

Business Wire
Leading global investment firm KKR agrees to acquire a majority interest in PangeaCo and the fiber optic networks of Telefónica del Perú and Entel Perú KKR plans approximately US$200 million of additional investment to accelerate expansion of ultra-fast digital infrastructure to more than double the network to at least 5.2......

Verimatrix XTD Selected by Crédit Agricole Payment Services to Secure “Paiement Mobile” App

Business Wire
The Verimatrix XTD solution will be used to deploy enterprise-grade threat defense protections for its French mobile payment app Verimatrix, the leader in powering the modern connected world with people-centered security, announced that Crédit Agricole Payment Services, the payment subsidiary of Crédit Agricole Group, will work with Verimatrix XTD (Extended Threat......

LendingPoint Closes $900 Million Committed Forward Flow Program

Business Wire
New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity The financial technology platform LendingPoint, announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. “Our strategy is to stay hyper-focused on ensuring that we......

Borderless Capital Leads $1.5M Investment into the GEODNET Foundation

Business Wire
The GEODNET Foundation (GeoDAO PTE, LTD) announced the completion of a private $1.5M token sale. The round was led by Borderless Capital’s EdgeFi Fund, the first web3 investment fund exclusively focused on Decentralized Physical Infrastructure Networks (DePIN). The investment round includes additional participation from IoTeX, a web3 technology provider and......

AM Best Withdraws Credit Ratings of Kingstone Insurance Company

Business Wire
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Kingstone Insurance Company (KICO) (Kingston, NY). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer......

GLORY Confirmed as EMEA Leader in Retail Cash Recycling Solutions by RBR

Business Wire
According to the Retail Cash Automation 2023 Report from independent strategic research and consulting company RBR, GLORY leads the EMEA market for retail cash recycling solutions with 44% market share (+12 points vs the previous RBR report published in 2020). The report examined retail cash recycling at both the point......

IGC Pharma Announces a $3 Million Private Placement of its Common Stock

Business Wire
IGC Pharma, announced a strategic investment from four investment funds managed by Bradbury Asset Management (Hong Kong) Limited (“Bradbury”) who is a leading asset management firm with over $2 billion in managed assets. This investment, along with additional contributions from three unrelated investors, has resulted in approximately $3 million in......
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