Category : Finance

Finance Fintech News

U.S. Bankruptcy Court Issues Ruling in Favor of BYJU’s Term Loan Lenders

Business Wire
Order Prohibits Further Movement or Use of $533 Million Rightfully and Contractually Owed to Lenders Byju Raveendran and Divya Gokulnath Found to be Working in Concert With Defendants and Must Comply With Order Warrant Issued for Arrest of Camshaft Capital Founder William Morton Who Fled Country Ahead of Hearing The......
Finance Fintech Investments News

New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $232 Billion in 2024

Business Wire
Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. Worldwide spending on edge computing is expected to be $232 billion in 2024, an increase of 15.4% over 2023. According to a new forecast from the International Data Corporation (IDC) Worldwide Edge......
Cryptocurrency Finance Fintech

QuSecure Launches Crypto-Agile Post-Quantum Cryptography Protection for Cisco Router Network Encryption

Business Wire
QuProtect Core Security Applies Advanced Crypto-Agile PQC to Upgrade Cisco Router-to-Router Communications with Enhanced Telemetry and Orchestrated Encryption Controls QuSecure™, Inc., a leader in post-quantum cryptography (PQC), today unveiled QuProtect Core Security, a product designed to fortify existing Cisco router-to-router communications against emerging quantum threats. Leveraging advanced crypto-agile post-quantum cryptography,......
Finance Fintech News

Wipro Enters into Agreement with Desjardins to Modernize Consumer Banking Services Using its NetOxygen Platform

Business Wire
The solution will improve Desjardins’ consumer lending and credit card business Wipro Limited , a leading technology services and consulting company, today announced that it has been selected by Desjardins to transform their credit solutions for members and clients. Wipro Gallagher Solutions’ (WGS), a Wipro Company and leading provider of......
Finance News

Skipify and Synchrony Enter into Strategic Partnership to Simplify and Enhance Online Checkout

PR Newswire
The technology partnership leverages Skipify’s payment infrastructure to provide simplified and enhanced checkout for Synchrony cardholders, improving the experience for shoppers and delivering higher authorization rates, conversion, and security for Synchrony merchants. Skipify, a leading financial technology company redefining the checkout experience, announced its partnership with Synchrony, a leading consumer......
Cryptocurrency Finance Fintech

Coinbase Announces Pricing of Upsized Offering of $1.1 Billion of 0.25% Convertible Senior Notes Due 2030

Fintech News Desk
Coinbase granted the initial purchasers of the notes a 30-day option to purchase up to an additional $165.0 million principal amount of notes, solely to cover over-allotments. Coinbase Global, Inc. announced the pricing of $1.1 billion aggregate principal amount of Convertible Senior Notes due 2030 in a private offering to......
Finance Fintech News

MicroStrategy Announces Proposed Private Offering of $500 Million of Convertible Senior Notes

Business Wire
MicroStrategy intends to use the net proceeds from the sale of the notes to acquire additional bitcoin and for general corporate purposes. MicroStrategy Incorporated today announced that it intends to offer, subject to market conditions and other factors, $500 million aggregate principal amount of convertible senior notes due 2031 (the......
Finance Fintech News

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

Fintech News Desk
The survey revealed that 40% of Americans anticipate challenges making regular, monthly payments in 2024, with younger respondents (ages 18-34) more likely to foresee difficulties, particularly related to managing credit card debt and housing costs. MeridianLink provides timely insight into consumer sentiment on payments, customer service, and innovation in digital......
Banking Finance News

Oppenheimer Further Expands Public Finance Banking Team with Appointment of Frank Sanchez Reed As Head of the Southwest Region

PR Newswire
Texas-Based Senior Banker, Who Has Nearly 30 Years of Public Finance Experience, Builds on Oppenheimer’s Continued Momentum in the Space Reed’s Recruitment Follows the Hires of Northeast Region Head Kristin Stephens, Southeast Region Head David Moffett and Public Finance Head Elizabeth Coolidge Oppenheimer & Co. a leading financial services firm......
Cryptocurrency Finance Fintech

Coinbase Announces Proposed Private Offering of $1.0 Billion of Convertible Senior Notes Due 2030

Business Wire
The notes will only be offered and sold to persons reasonably believed to be qualified institutional buyers under Rule 144A promulgated under the Securities Act through a private offering memorandum. Coinbase Global, Inc. (“Coinbase”)today announced its intention to offer, subject to market conditions and other factors, $1.0 billion aggregate principal......
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