Search Results for: Portfolio Management

Discover-Financial-Services-Reports-First-Quarter-2024-Net-Income-of-$308-Million-or-$1
Finance Fintech News

Discover Financial Services Reports First Quarter 2024 Net Income of $308 Million or $1.10 Per Diluted Share

Business Wire
by Business Wire0
Board of Directors Declares Quarterly Common Stock Dividend of $0.70 Per Share Discover Financial Services (NYSE: DFS): First Quarter 2024 Results 2024 2023(1) YOY Change Total loans, end of period (in billions) $126.6 $112.7 12% Total revenue net of interest expense (in millions) $4,210 $3,742 13% Total net charge-off rate......
Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships
Fintech Guest Posts Risk Management

Brand Safety and Mutual Trust: The Key to Building Financial Services Partnerships

Smita Pillai
by Smita Pillai0
If you are a financial services brand, working with creators and other third parties might seem like an impossible task. The risks of fines from non-compliance by third parties might seem too great. But there are methods available to ensure creators and other partners follow regulatory guidance – and what’s......
iolite-Capital-Announces-Strategic-Investment-in-Dynacor-Group
Fintech Investments News

iolite Capital Announces Strategic Investment in Dynacor Group

Business Wire
by Business Wire0
iolite Capital announces strategic investment in Dynacor Group iolite Capital Management Ltd. (“iolite”), a selective investment management firm serving private and institutional clients, is pleased to announce a significant holding in Dynacor Group (TSX: DNG, “Dynacor”), representing 10% of the company’s outstanding common shares. Fintech Insights: Hyper-personalization in Banking: The Tech......
HSBC-Achieves-15%-Uplift-in-Monthly-Card-Spend-Using-FICO’s-AI-Powered-Optimization
Artificial Intelligence Fintech News

HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO’s AI-Powered Optimization

Business Wire
by Business Wire0
The project saw a 15% uplift in monthly spend by customers on their cards, as well as improvements in active card use and share of wallet, without increasing bad debt. HSBC has won a 2024 FICO Decisions Award for AI, Machine Learning and Optimization. Highlights: HSBC is using FICO Platform......
iCapital®-and-Bain-Capital-Credit-Partner-to-Expand-Wealth-Managers’-Access-to-Alternative-Investments
Finance Fintech News

iCapital and Bain Capital Credit Partner to Expand Wealth Managers’ Access to Alternative Investments

Fintech News Desk
by Fintech News Desk0
Through this partnership, advisors gain increased operational efficiency by accessing select Bain Capital Credit products via the customized Bain Capital-branded platform powered by iCapital and on iCapital Marketplace. iCapital, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announced a partnership with Bain Capital......
Zero-Emission Truck Developer Windrose Technology Completes US$110 Million Series B Financing
Fintech News

Zero-Emission Truck Developer Windrose Technology Completes US$110 Million Series B Financing

PR Newswire
by PR Newswire0
The proceeds of this series B financing will be used to accelerate the testing and deployment of Windrose Technology’s electric long-haul trucks globally, to set up a new supply chain center and production facility, as well as to implement fast-charging infrastructure. Electric heavy-duty truck developer Windrose Technology has announced completion......
Citigroup Announces $2.75 Billion Redemption of 3.352% Fixed Rate Floating Rate Notes due 2025
Finance Fintech News

Citigroup Announces $2.75 Billion Redemption of 3.352% Fixed Rate / Floating Rate Notes due 2025

Business Wire
by Business Wire0
The redemption announced is consistent with Citigroup’s liability management strategy, and reflects its ongoing efforts to enhance the efficiency of its funding and capital structure. Citigroup Inc. is announcing the redemption, in whole, constituting $2,750,000,000 of its 3.352% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967MF56).......
Ecommerce-Innovator-Spresso-Secures-Initial-Series-A-Funding-Led-by-Funds-and-Accounts-Managed-by-BlackRock
Artificial Intelligence Fintech News

Ecommerce Innovator Spresso Secures Initial Series A Funding Led by Funds and Accounts Managed by BlackRock

Business Wire
by Business Wire0
This investment will help accelerate the company’s global expansion, empowering businesses with a comprehensive suite of data-driven tools to optimize growth, profitability, and operations. Spresso, a leading provider of AI-powered solutions for ecommerce businesses, today announced an initial Series A investment from funds and accounts managed by BlackRock (“BlackRock”). This......
Surefire Local Secures Strategic Partnership with Sunflower Bank for Accelerated Growth
Banking News

Surefire Local Secures Strategic Partnership with Sunflower Bank for Accelerated Growth

PR Newswire
by PR Newswire0
The funding will further develop Surefire Local’s technology and sales operations. Through its marketing software, Surefire Local provides a platform for local businesses that helps them find new customers, engage them with targeted marketing campaigns, and save time to reinvest in their businesses. GenNext Media, dba Surefire Local a leading......
Clearwater Analytics to Partner with Wilshire and Acquire Sophisticated Risk and Performance Models
Investment Services News

Clearwater Analytics to Partner with Wilshire and Acquire Sophisticated Risk and Performance Models

PR Newswire
by PR Newswire0
Specifically, Clearwater will acquire Wilshire AxiomSM, Wilshire AtlasSM, Wilshire Abacus, and Wilshire iQComposite, and will merge them with its own risk and performance analytics platform to create a compelling product for its customers. Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, announced that it has......
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