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OPEC Fund Mobilizes US$1 Billion for Development Finance With Landmark Debut SDG Bond
Capital Markets Finance News

OPEC Fund Mobilizes US$1 Billion for Development Finance With Landmark Debut SDG Bond

Fintech News Desk
The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, priced its inaugural benchmark bond issue in the capital markets on Wednesday. The bond was priced using its Sustainable Development Goal (SDG) bond framework on which Credit Agricole CIB acted as sole sustainability advisor. Attracting strong......
Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong
Banking News

Dah Sing Bank and Sun Life Join Forces in 15-Year Exclusive Bancassurance Partnership in Hong Kong

Fintech News Desk
Dah Sing Bank, Limited and Sun Life Hong Kong Limited, a subsidiary of Sun Life Financial Inc., announced an exclusive 15-year bancassurance partnership in Hong Kong (“Bancassurance Partnership”). Under this Bancassurance Partnership, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing Bank’s 570,000 retail banking customers......
John Hoffman Joins KX as Chief Revenue Officer
Analytics News

John Hoffman Joins KX as Chief Revenue Officer

Fintech News Desk
KX, maker of kdb+, the world’s fastest time series database and real-time analytics engine, is pleased to announce the appointment of John Hoffman as Chief Revenue Officer (CRO). Joining from Google, where he was Head of Sales for Data and Analytics, John brings over 20 years of experience in the enterprise software......
Capficiency Private Equity Acquires ProvisionPoint Limited
Investment Services News

Capficiency Private Equity Acquires ProvisionPoint Limited

Fintech News Desk
Capficiency adds ProvisionPoint Ltd. to their growing portfolio of investments in the IT industry ProvisionPoint Limited, a UK-based solution developer providing tailored productivity software leveraging the Microsoft 365 workspace, has been acquired by Capficiency Private Equity (“CPE”), an emerging private equity firm with existing PortCo’s in the software and IT......
Architect Announces $5 Million Funding Round to Develop Trading Infrastructure for Global Digital Asset Markets
Digital Asset Management News

Architect Announces $5 Million Funding Round to Develop Trading Infrastructure for Global Digital Asset Markets

Fintech News Desk
Architect Financial Technologies Inc. announced the closing of a $5M pre-product financing round to develop adaptable infrastructure products that enable institutions to trade across centralized and decentralized digital asset markets. Participants in the round include Circle Ventures, Coinbase Ventures, SV Angel, SALT Fund, P2P, Third Kind Venture Capital, and Motivate Venture......
b1BANK Announces Plans to Relocate and Expand Downtown Lake Charles Banking Center
Banking News

b1BANK Announces Plans to Relocate and Expand Downtown Lake Charles Banking Center

Fintech News Desk
b1BANK announced plans to relocate its Ryan Street location to a new building in downtown Lake Charles later this year. The bank has been a part of the Lake Charles community since 2009. “We have experienced significant growth in the Lake Charles market and require a larger facility to better......
nCino Announces Chief Financial Officer Transition
Banking Cloud News

nCino Announces Chief Financial Officer Transition

Fintech News Desk
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced the appointment of Greg Orenstein as nCino’s Chief Financial Officer. Orenstein will succeed David Rudow, who will be leaving the Company effective January 31, 2023. Orenstein has significant leadership experience at nCino,......
Temenos Launches Next-Generation AI-Driven Corporate Lending to Help Banks Tap Global Corporate Credit Growth
Banking Lending News

Temenos Launches Next-Generation AI-Driven Corporate Lending to Help Banks Tap Global Corporate Credit Growth

Fintech News Desk
Unified loan servicing simplifies complex loan processing and the end-to-end loan lifecycle management; one of multiple developments across lending, trade finance and cash management Temenos launched the next generation of its AI-driven, Corporate Lending solution to enable banks to consolidate global commercial loan portfolios and unify servicing all on the......
Relay Payments Supports Schneider in Boosting Efficiency, Increasing Billing Accuracy and Reducing Fraud
Fintech News

Relay Payments Supports Schneider in Boosting Efficiency, Increasing Billing Accuracy and Reducing Fraud

Fintech News Desk
One of the nation’s largest carriers saw improvements in data recognition following driver use of Relay to pay for lumper expenses Relay Payments, the fintech company that modernizes payments for the supply chain, logistics and trucking industries, is announcing Schneider, a premier multimodal provider of transportation, intermodal and logistics services,......
90% of Finance Leaders Reveal Interest Rates Are No. 1 Driver of Banking Business Model Changes
Analytics Business Finance News

90 Percent of Finance Leaders Reveal Interest Rates Are No. 1 Driver of Banking Business Model Changes

Fintech News Desk
Syntellis Performance Solutions, the leading provider of enterprise performance management software, data, and intelligence solutions,  published its seventh annual CFO Outlook for Financial Institutions revealing that 90% of finance professionals at banks, credit unions, and other financial services institutions anticipate interest rate changes will be the biggest driver of business model adjustments......
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