Search Results for: infrastructure investments

Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Grant Thornton to accelerate business strategy with investment from New Mountain Capital
Fintech Investments News

Grant Thornton to accelerate business strategy with investment from New Mountain Capital

Fintech News Desk
Following the closing of the transaction, which is expected in the second calendar quarter of 2024, Grant Thornton will operate in an alternative practice structure: Grant Thornton LLP, a licensed CPA firm, will provide attest services — and Grant Thornton Advisors LLC will provide business advisory and non-attest services. Grant......
Coinshares Strengthens Its Global Reach by Completing Acquisition of Valkyrie ETF Business
Investment Services News

Coinshares Strengthens Its Global Reach by Completing Acquisition of Valkyrie ETF Business

PR Newswire
Acquisition follows entry into an agreement granting CoinShares an exclusive option to acquire Valkyrie Funds LLC (“Valkyrie”) and the Sponsor rights to BRRR, Valkyrie’s physically-backed Bitcoin ETF. Valkyrie’s regulatory licences are complementary to CoinShares’ existing U.S. permissions and contribute to establishing solid foundations for CoinShares to continue executing its U.S. asset management expansion......
Rooted in Renewal: Primient Commits $700M Investment for Sustainable, Plant-Based Future
Fintech Investments News

Rooted in Renewal: Primient Commits $700M Investment for Sustainable, Plant-Based Future

Business Wire
As part of the expansion, the company received an Economic Development for a Growing Economy (EDGE) tax credit which provides the company an incentive for job creation in Decatur. Primient, a leader in plant-based food and industrial ingredient production, has announced capital investment exceeding $700 million across the company’s operational......
Rhombus Secures $26 Million+ in Funding to Propel Cloud-Managed Physical Security Innovation
Cloud News

Rhombus Secures $26 Million+ in Funding to Propel Cloud-Managed Physical Security Innovation

PR Newswire
Rhombus provides protection to over 30,000 locations across the globe, with this series of fundings they seek to improve and scale up to even bigger lengths. With $26M+ from Cota and Tru Arrow Capital, it has a $17M in debt financing from SVB with its existing investors Caden and Uncorrelated......
Cognizant Expands Technology Operations Partnership with CNO Financial Group
Fintech News

Cognizant Expands Technology Operations Partnership with CNO Financial Group

PR Newswire
Cognizant will implement cloud and digital technologies with aim to enhance customer experience and optimize business processes and operations Cognizant announced the continuation of a strategic partnership with CNO Financial Group, a leading provider of insurance, financial services and workforce benefits solutions to middle-income America. Cognizant will help further optimize and......
Impending growth crunch confronts wholesale banks with challenge to seize new drivers of future revenues
Banking Finance News

Impending Growth Crunch Confronts Wholesale Banks With Challenge to Seize New Drivers of Future Revenues

PR Newswire
Wholesale banks’ average annual revenue growth (CAGR) set to drop from 8%+ in 2019-22 to 2% or below 2023-2025, Bain analysis and proprietary survey of bank leaders suggests Worst case projections show minus 2% CAGRs in new era as historical period of ultra-low interest rates and cheap money comes to......
Knightsbridge Accelerates Transformation of Asian Digital Markets within the FinTech Enterprise Space with ETT | iByondâ„¢ Intelligent Platform as a Service (iPaaS)
Fintech News

Knightsbridge Accelerates Transformation of Asian Digital Markets within the FinTech Enterprise Space with ETT | iByondâ„¢ Intelligent Platform as a Service (iPaaS)

Business Wire
“This collaboration signifies Knightsbridge’s unwavering dedication to fostering innovation and driving growth in today’s rapidly evolving business sphere. “ Knightsbridge, a global leader in business facilitation, proudly announces its strategic partnership with ETT | iByond, aimed at revolutionizing Asia’s digital landscape and fintech solutions for regional and global enterprises. This......
Fintech Trends 2024: How Can Enterprises Be Better Prepared?
Artificial Intelligence Banking Blockchain Business Digital Payments Featured Finance Fintech

Fintech Trends 2024: How Can Enterprises Be Better Prepared?

Prajakta Ayade
As the year progresses, the fintech industry has the most eyeballs glued, looking up to all the trends that might follow, how new AI advancements play out and how fintech security evolves. At the forefront of this is the advent of digitised payments, marking a significant shift from conventional cash-based......
Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
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