Search Results for: issuance

Ripple-to-Issue-USD-backed-Stablecoin-Bringing-More-Utility-and-Liquidity-to-XRP-Ledger
Blockchain Fintech News

Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger

Business Wire
by Business Wire0
Ripple’s stablecoin will be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. These reserve assets will be audited by a third-party accounting firm, and Ripple will publish monthly attestations. Ripple, the leading provider of enterprise blockchain and crypto solutions, announced its plans to launch......
Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
Weel and Nium Announced Strategic Partnership
Digital Payments News

Weel and Nium Announced Strategic Partnership

Fintech News Desk
by Fintech News Desk0
The Nium partnership immediately unlocks multiple benefits for Weel customers, particularly those with international needs, including highly competitive FX rates and widely accepted Visa Business Debit Cards.  Weel, Australia’s spend management platform, and Nium, a company in real-time cross-border payments, announced a new strategic partnership to help finance teams better......
Elastos Unveils BTC Oracle Enabling Dormant Bitcoin To Be Used on All Blockchains
Blockchain News

Elastos Unveils BTC Oracle Enabling Dormant Bitcoin To Be Used on All Blockchains

GlobeNewswire
by GlobeNewswire0
BTC Oracle will drive Bitcoin Layer 2 adoption with the support of Elastos’ zk-based, BeL2. Elastos, a pioneer in blockchain technology announces BTC Oracle, a radical new solution that will enable every EVM compatible blockchain to be a Bitcoin Layer 2, representing the most comprehensive solution for cross-chain operability enabling......
Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore
Fintech Investments News

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Business Wire
by Business Wire0
iPipeline designed OneView to simplify the application process across multiple insurance carriers. Li-Cycle Holdings Corp., a leading global lithium-ion battery resource recovery company, today provided a business update “Since embarking on our comprehensive review, we are pleased to report significant progress, including improving our current liquidity position and conducting an......
China UnionPay Optimizes Payment Services with the Launch of Project Excellence 2024
Digital Payments News

China UnionPay Optimizes Payment Services with the Launch of Project Excellence 2024

PR Newswire
by PR Newswire0
China UnionPay has taken the initiative to launch Project Excellence 2024 to improve payment convenience for the senior citizens and international visitors to China. The launch ceremony for Explore China Your Way with UnionPay: China UnionPay Payment Service Optimization – Project Excellence 2024 was held in Shanghai. Mr. Zhang Qingsong, Member of the......
Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding
InsurTech News

Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding

PR Newswire
by PR Newswire0
The collaboration between these two companies has resulted in developing a software application designed specifically for primary insurers, which was recently featured at the prestigious 34th General Conference of the General Arab Insurance Federation GAIF 2024. Global reinsurance leader Gen Re and multinational technology firm CME have been working together to bring forth a......
Adobe Announces New $25 Billion Stock Repurchase Program
Finance Fintech News

Adobe Announces New $25 Billion Stock Repurchase Program

Business Wire
by Business Wire0
Under the program, the company may repurchase shares in the open market and enter into structured repurchase agreements with third parties. Adobe announced that its board of directors has approved a new stock repurchase authorization, granting the company authority to repurchase up to $25 billion in common stock through March......
American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses
Finance Fintech News

American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses

Business Wire
by Business Wire0
The new American Express and Amex GBT integration provides small and mid-sized businesses with better visibility and control over a range of employee spending including budgeting, purchasing with virtual Cards, booking business travel, and streamlined expense processing. American Express, American Express Global Business Travel What it is: American Express, a......
KBRA Releases Research – Trends in Home Improvement ABS
Fintech News

KBRA Releases Research – Trends in Home Improvement ABS

Business Wire
by Business Wire0
Historically low mortgage rates piled with high housing prices have offered a new avenue for Asset Backed securities. KBRA releases research analyzing new issue activity, loan characteristics, borrower attributes, and performance trends for the home improvement ABS segment of the unsecured consumer loan market. Many homeowners in today’s market are......
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