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BrightTower Advises B2B Audience Development and Specialist Content Leader Industry Dive in Announced Sale to Informa PLC
Industry Dive, a leader in multi-market B2B audience development and high quality specialist digital content with 10+ years of experience in delivering award-winning journalism, backed by Falfurrias Capital Partners, has entered into a definitive agreement to be acquired by Informa PLC, a leading international B2B markets, live and on-demand events and digital services group. The transaction is anticipated to close during the third quarter of 2022, subject to regulatory approval and the satisfaction of other closing conditions.
Prasad Parmeshwaran Joins Lazard as a Managing Director in Healthcare Group, Financial Advisory
Lazard Ltd announced that Prasad Parmeshwaran has joined the firm as a Managing Director in the Healthcare Group within Financial Advisory, effective immediately. Based in San Francisco, Mr. Parmeshwaran primarily advises clients on financial matters in the biotechnology and diagnostics sectors.
BankiFi Expands Operations into North America
BankiFi, an embedded banking solutions provider, announced its expansion into North America with the launch of BankiFi Americas. The organization’s growth and expansion into the U.S. market will support the unique digitization and payment modernization requirements of SMBs, while placing financial institutions at the heart of the relationship.
Annual Review of MUFG Green Deposit Framework Completed
Mitsubishi UFJ Financial Group (MUFG) announced that it has updated its Green Deposit Framework in collaboration with Morningstar Sustainalytics, a leading global provider of Environmental, Social, and Governance (ESG) research, ratings, and data. The goal of the Framework is to ensure that the criteria for financing green assets aligns with the current market practice. In addition, following the February 2021 launch in the United States, Green Deposits are now available for MUFG commercial and corporate clients in Australia, China, Hong Kong, and Japan.
FICO and Israel’s Open-Finance.ai Partner to Transform Decision-Making Speed and Precision in Credit and Insurance
FICO announced a partnership agreement with Israel’s Open-Finance.ai, a risk, finance and compliance software enabler of open banking and finance services and consulting firm headquartered in Tel Aviv. Through this agreement, Open-Finance.ai will integrate the FICO® Blaze Advisor® decision rules management system into its open banking platform. This fully automated, instant lending experience will allow lenders to move away from manual and time-consuming credit assessment methods and embrace real-time, analytically driven appraisals.
