Category : Banking

Banking News

Citizens Financial Group Announces Pricing of $800 Million of Citizens Bank, N.A. Senior Notes

Fintech News Desk
Citizens Financial Group, Inc. announced the pricing of $800 million of Citizens Bank, N.A. (“CBNA”) 4.575% fixed/floating rate senior notes due 2028 (the “Notes”). Latest Fintech News: Torches Launches on KuCoin Win and its Legendary Torchlight NFTs to Be Won CBNA intends to use the net proceeds of the notes offering......
Banking Finance News

Hilco Corporate Finance Accelerates Growth and Re-Imagines Middle Market Investment Banking

Fintech News Desk
Hilco Corporate Finance (HCF), a boutique investment bank, is accelerating its growth by re-imagining corporate finance advisory for the middle market.  Over the past 12 months, HCF has doubled its size and expanded its geographic presence – first with the opening of a New York City office to complement its Chicago-area team.  And, more......
Digital Payments News

Cover Genius Partners with Buy Now, Pay Later Leader Zip to Offer Customers Tailored Protection

Fintech News Desk
Customers of the leading BNPL will be offered tailored protection embedded in checkout and via transaction monitoring Cover Genius, the leading insurtech for embedded insurance, has announced a partnership with Zip, a global Buy Now, Pay Later (BNPL) player, to offer customers tailored protection embedded into the payment process and Zip’s......
Digital Payments News

KuCoin Labs Incubates and Invests in PlayZap Games, a Web-3 Gaming Platform, to Further Advance the Development of GameFi

Fintech News Desk
KuCoin Labs, the incubator and investment arm of the KuCoin ecosystem, announced that it led the seed round investment in PlayZap Games, a Singapore-based Web-3 Gaming platform. Other investors that had joined the round included Arcanum Capital, Oddiyanna Ventures & Prime Block Ventures. Latest Fintech News: Ashok Leyland Announces Financing Tie......
Digital Payments News

PhonePe Pte. Ltd. Reaches Amicable Settlement with Affle Global Pte. Ltd. to Acquire OSLabs Pte. Ltd.

Fintech News Desk
PhonePe, one of India’s leading digital payments platforms, announced the acquisition of OSLabs, a mobile platform that enables content and app discovery for users and app developers. PhonePe, AGPL and OSLabs have reached an amicable settlement in the matter, with PhonePe acquiring AGPL’s entire stake at a premium. Latest Fintech News: Torches Launches......
Digital Payments Finance News

MoneyGram Names Brian Johnson Chief Financial Officer and Anna Greenwald Chief Operating Officer

Fintech News Desk
MoneyGram International, Inc. a global leader in the evolution of digital P2P payments, announced that Brian Johnson, who currently serves as Head of Corporate Finance and Global Treasurer, has been named Chief Financial Officer, effective September 1, 2022. He succeeds Larry Angelilli, who has been appointed Executive Vice Chairman of MoneyGram, effective......
Digital Payments News

Naver Z Chooses Payoneer to Pay Content Creators Globally

Fintech News Desk
The partnership marks Payoneer’s growth within Asia’s digital content creator economy and provides Naver Z’s users a quicker payment experience Payoneer the commerce technology company powering payments and growth for the new global economy, has been chosen by Naver Z, a subsidiary of Naver Corp., one of Asia’s largest internet......
Digital Payments News

HRS Acquires Paypense, Enabling Widescale Digitized Payment Technology for Corporations and Employees

Fintech News Desk
Smart, Seamless Payment Technology Captures and Centralizes Far-Reaching Spend Elements HRS, the leading global corporate travel and payment technology platform, announced the acquisition of Germany-based Paypense, enhancing HRS’ growing compilation of efficient corporate payment offerings. Only two years since launch, Paypense’s open platform has already made inroads with a broad range......
Banking News

Lake City Bank Selects Black Knight Empower LOS and Originations Solutions Suite to Automate Workflow and Improve Loan Officer, Borrower Experience

Fintech News Desk
Lake City Bank has selected the cloud-based Empower loan origination system (LOS) from Black Knight to better support its growth and automate its loan processing workflow Black Knight’s wide-ranging solutions suite will allow Lake City Bank to streamline its business and focus on enhancing the borrower experience Empower is an......
Banking News

Valley National Bancorp Invests $25 Million in an Early-Stage Fintech-Oriented Israeli VC

Fintech News Desk
Valley National Bancorp announced a $25 million investment in The Garage, a venture capital fund that builds and invests in early-stage startups in the fields of fintech, AI and cyber. The fund is backed by Bank Leumi, the leading bank in Israel and by BRM Group, a seasoned Israel-based family......
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