Category : Finance

Finance Fintech News

E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study

Business Wire
by Business Wire0
E*TRADE from Morgan Stanley releases monthly sector rotation study. E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. Read More About Fintech Interviews: Global Fintech Interview with Andrey......
Finance Fintech News

Aterian Investment Partners to Recapitalize CPL, a Leading Pharmaceutical Contract Development and Manufacturing Organization

Business Wire
by Business Wire0
The proposed recapitalization is subject to the approval of the Ontario Superior Court of Justice in CPL’s and its affiliates’ proceedings pending under the Companies’ Creditors Arrangement Act. Aterian Investment Partners (“Aterian”), a private investment firm, is pleased to announce that one of its affiliates has entered into an agreement......
Finance Fintech News

ACI Worldwide and Arab Financial Services To Drive Payments Modernization for Banks and Merchants in the Middle East

Business Wire
by Business Wire0
With this strategic partnership, AFS will utilize ACI Enterprise Payments Platform, a single transaction processing platform for all payment types, backed by cutting-edge security, flexible cloud-ready technology, and multi-language, multi-currency, multi-institution capabilities to drive the retail banking modernization for its banking and fintech customers. ACI Worldwide , a global leader......
Finance Fintech News

ICE Mortgage Monitor: Trading Up to a 25% More Expensive Home Would More Than Double the Average Mortgage Holder’s Payment

Business Wire
by Business Wire0
Homeowners who took out mortgages when rates were near record lows in 2020 and 2021 face an even steeper move across the street cost, with such a lateral move requiring a 60% higher monthly payment. Intercontinental Exchange, Inc, a leading global provider of technology and data, released its April 2024......
Finance Fintech News

Atlantic Union Bankshares Corporation Completes Acquisition of American National Bankshares Inc.

Business Wire
by Business Wire0
This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh. Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April......
Banking Digital Payments Finance Fintech

Hilton and American Express Introduced the Hilton Honors American Express Business Card

Fintech News Desk
by Fintech News Desk0
The updated Card enables Card Members to use their business purchases to fuel future Hilton stays, all with the powerful backing of American Express. Hilton and American Express introduced the enhanced Hilton Honors American Express Business Card, featuring new benefits and up to $240 each year in annual statement credits......
Finance Fintech News

Airspan to Receive Up to $95 Million in New Equity Financing and Eliminate All Existing Funded Debt

Business Wire
by Business Wire0
Airspan has received a commitment from Fortress affiliates for over $53 million in debtor-in-possession financing, which combined with the Company’s cash on hand, is expected to provide sufficient capital during the restructuring process to support Airspan’s operations. Airspan Networks Holdings Inc. (NYSE American: MIMO) (“Airspan” or the “Company”), a provider......
Digital Payments Finance Fintech

Ant International and Capital A to Form Strategic Partnership in Digital Payments, Financial Technologies, and Sustainability Promotion

Business Wire
by Business Wire0
The comprehensive partnership covers collaborative initiatives between Ant International’s Alipay+ cross-border payment, marketing and digitalization technology solutions, payment orchestration services, and other business segments, and flagship businesses under Capital A, including AirAsia, the one-stop travel platform AirAsia MOVE, and finance app BigPay. Ant International and Capital A Berhad, owner of......
Banking Finance Fintech

Upgrade Your Equipment, Elevate Your Business: Cass Commercial Bank Launches New Equipment Finance Division

Business Wire
by Business Wire0
Cass Commercial Bank’s Equipment Finance Division to introduce a seamless process with quick turnaround, ensuring minimal paperwork, quick approvals, and efficient solutions to your capital needs. Businesses can acquire the equipment they need without the wait, keeping their operations running smoothly. Cass Commercial Bank, a solid financial institution with a......
Finance Fintech News

First-Time Buyers Must Make $76,000 to Afford the Typical U.S. Starter Home–Up 8% From a Year Ago

Business Wire
by Business Wire0
The income necessary to buy starter homes is increasing from a year ago due to rising prices and mortgage rates: The typical starter home sold for $240,000 in February, up 3.4% year over year, and the average 30-year fixed mortgage rate was 6.78%, up from 6.26% a year earlier. Homebuyers......
1