Author : PR Newswire

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Cision distribution by PR Newswire empowers communicators to identify and engage with key influencers, craft and distribute meaningful stories, and measure the financial impact of their efforts. Cision is a leading global provider of earned media software and services to public relations and marketing communications professionals.

Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation

PR Newswire
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud addresses new risk framework which will come into effect in 2025 Finastra and Uni Systems have extended their partnership to help financial institutions in the Adriatic, Central and Southeast Europe regions comply with the Basel Committee’s Fundamental Review of the Trading Book (FRTB) reporting requirements,......

VION Investments Offers Immediate Funding to Companies Affected by SVB and Signature Bank Collapse

PR Newswire
The collapse of SVB Bank and Signature Bank, the largest such failures since 2008, have sent shockwaves through the financial markets, hitting startups and companies reliant on venture capital hardest. Even though the Bank Term Funding Program hopes to stop the spread of contagion, Wall Street is bracing for broader......

Valour Confirms No Exposure to Silvergate Bank, Signature Bank or Silicon Valley Bank

PR Newswire
Valour’s partially owned bank, SEBA Bank AG, is expanding onboarding resources due to higher customer demand amidst recent banking developments Valour Inc. confirms, in connection with the Company’s commitment to providing transparent information, that neither itself nor any of its operating subsidiaries have any exposure to Silvergate Bank, Signature Bank or......

ePlus Expands Credit Facility

PR Newswire
Increase to $500 Million Enhances ePlus’ Working Capital Financing Capacity ePlus inc. a leading provider of technology and financing solutions, announced that its wholly-owned subsidiaries ePlus Technology, inc., ePlus Technology Services, inc. and SLAIT Consulting, LLC (collectively, the “Borrowers”) recently entered into an amendment to their credit agreement with their lenders (the......

Nexus FrontierTech’s Intelligent Document Processing Now Available on Temenos Exchange

PR Newswire
Nexus’ integration with Temenos automates high value workflows to further accelerate technological adoption for the financial industry Nexus FrontierTech, a leading provider of Artificial Intelligence (AI) and Intelligent Document Processing (IDP) solutions announced their Financial Services Extraction (FSX) services are available on the Temenos Exchange ecosystem of integrated fintech solutions. Nexus......

ZEDRA Completes Rebranding of AlleyBe Group

PR Newswire
Strengthens ZEDRA’s operations in Malta and aligns with the firm’s Global Expansion services offering plans ZEDRA, the fast-growing global specialist in Active Wealth, as well as Corporate, Global Expansion, Funds, Pensions and Incentives services, announces it has completed the integration and rebranding of AlleyBe Group, a leading Maltese corporate service......

Eastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities

PR Newswire
Includes specialized and innovative credit solutions, and access to insights, mentoring and networking resources As part of its deep and long-standing commitment to drive greater economic inclusion and mobility, Eastern Bank is announcing the launch of Equity Alliance for Business to further advance the growth of underrepresented business owners and entrepreneurs.......

Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank

PR Newswire
Company has Relationships with Multiple US and Foreign Banks Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that it expects the collapse of Silicon Valley Bank (SVB) into receivership by the Federal Deposit Insurance Corp. to have an immaterial impact on the......

Bank Accounts in Crypto Are Now Real: Meet the New BaaS Solution from Mercuryo

PR Newswire
Global payments infrastructure platform Mercuryo introduces the first Banking-as-a-Service product tailored to suit the needs of crypto market participants. Digital asset organisations, such as exchanges, wallet providers, NFT services, DeFi protocols, DAOs, and others can integrate the BaaS solution into their ecosystems and open full-fledged bank accounts. Doing so enables their customers to seamlessly......

BRAC Bank Selects Newgen to Deploy DMS for Faster and Better Customer Service

PR Newswire
Enables over 2,000 co-workers across 187 branches and 8 sub-branches to transform day-to-day operations Newgen Software, a global provider of low code digital transformation platform, announced that BRAC Bank, one of the largest financial institutions, based in Dhaka, Bangladesh, has successfully implemented Newgen’s DMS. DMS is a part of Newgen’s contextual content services (ECM)......
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