Search Results for: Corporate Development

SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments
Digital Payments News

SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments

PR Newswire
by PR Newswire0
SEB Kort Bank AB, a leading corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, has entered into an agreement with Lufthansa Group to acquire all shares in Lufthansa AirPlus Servicekarten GmbH, a leading provider within corporate payment services. Together, SEB Kort and AirPlus will......
CryptoBlox to Acquire Crypto Mining Facility and Provides Corporate Update
Cryptocurrency News

CryptoBlox to Acquire Crypto Mining Facility and Provides Corporate Update

GlobeNewswire
by GlobeNewswire0
CryptoBlox Technologies is pleased to announce that on June 16, 2023, it entered into a share purchase agreement (the “Agreement”) with Red Water Acquisition Corp. (“Redwater”) for 100% of the total issued and outstanding shares of Redwater (the “Acquisition”). Redwater will be a wholly-owned subsidiary of the Company following completion......
Fujitsu and Mizuho Start Trials for Generative AI to Streamline Development and System Maintenance Operations
Artificial Intelligence Finance News

Fujitsu and Mizuho Start Trials for Generative AI to Streamline Development and System Maintenance Operations

Fintech News Desk
by Fintech News Desk0
Fujitsu and Mizuho Financial Group, Inc. (hereinafter Mizuho) launched joint verification trials using Fujitsu’s generative AI technology to streamline development and maintenance operations of Mizuho’s system. The trials will take place between June 19, 2023 and March 31, 2024. Generative AI technologies offer enormous potential to transform the ways we......
Ripple Launches CBDC Platform for the Development of CBDCs and Stablecoins
Blockchain Fintech News

Ripple Launches CBDC Platform for the Development of CBDCs and Stablecoins

Business Wire
by Business Wire0
Full-service platform allows user to seamlessly mint, manage, transact and redeem CBDCs and stablecoins With more than 90% of countries exploring, developing and implementing Central Bank Digital Currencies (CBDCs) as a way to increase financial inclusion and lower the cost and risk of domestic and cross-border payment processes, Ripple is......
Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada
Fintech Funding News

Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada

Business Wire
by Business Wire0
Canadian Crown Corporation Invests in the Startup’s Global Expansion Certn, a leader in online background checks and identity verification, announced it secured an additional US$30M in Series B financing with over US$29.5M coming from Export Development Canada (EDC). To date, Certn has raised over US$114M in venture funding with US$80M coming via......
BankUnited Expands Corporate Banking Division in Florida
Banking News

BankUnited Expands Corporate Banking Division in Florida

Business Wire
by Business Wire0
BankUnited, N.A., one of the largest independent depository institutions headquartered in Florida, is expanding its Florida corporate banking division with the addition of three bankers who will help serve the bank’s growing portfolio of middle-market and large corporate companies doing business throughout the region. Latest Fintech Interview: Global Fintech Interview......
BofA Community Development Banking Provides Record $7.85 Billion in Lending and Investing in 2022
Lending Mortgage News

BofA Community Development Banking Provides Record $7.85 Billion in Lending and Investing in 2022

Fintech News Desk
by Fintech News Desk0
Sixth Consecutive Record Year, Doubled Financing since 2016, by Providing Innovative Affordable Housing Financing Solutions Bank of America Community Development Banking (CDB) provided $7.85 billion in loans, tax credit equity investments, and other real estate development solutions in 2022, surpassing a previous record of $6.7 billion in financing in 2021. In its sixth consecutive......
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
by Fintech News Desk0
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......
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
by Fintech News Desk0
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......
1