Search Results for: Banking

CIT Serves as Sole Lender on $35 Million Financing for Icelandair
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
by Fintech News Desk0
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group
Business Fintech News

TCS Positioned as a Leader in Financial Crime and Compliance Operations Services by Everest Group

Fintech News Desk
by Fintech News Desk0
Tata Consultancy Services’ End-to-end Compliance Framework, Domain Capabilities, and Investments in Blockchain and Cloud Solutions, Cited as Key Strengths Tata Consultancy Services (TCS) , one of the leading global IT services, consulting and business solutions organization, has been named a Leader in the Everest Group PEAK Matrix for Financial Crime......
MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)
Banking News

MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)

Fintech News Desk
by Fintech News Desk0
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial groups, announced that MUFG Union Bank, N.A., the primary banking subsidiary of MUFG Americas Holdings Corporation, has closed a $1 billion bank note offering. The two-tranche transaction is structured as a $700 million fixed rate bank note with a coupon......
Dominion Energy Ohio Issues Scammer Alert to Customers
Banking News

Dominion Energy Ohio Issues Scammer Alert to Customers

Fintech News Desk
by Fintech News Desk0
Dominion Energy Ohio warns customers not to provide banking or other personal information to scammers who claim such data is required to receive a new federal tax cut credit. The company reminds customers they will begin receiving those credits automatically, beginning in April 2020, in their monthly bills. The Public Utilities......
FINCA Malawi Secures $1.5 Million Loan Facility From BIO
Banking Fintech Funding

FINCA Malawi Secures $1.5 Million Loan Facility From BIO

Fintech News Desk
by Fintech News Desk0
Loan Facility Will Support Lending by FINCA Malawi FINCA Malawi, FINCA Impact Finance’s (FIF) microfinance subsidiary in Malawi, announced that it has secured a $1.5 million USD loan facility with a four-year tenor from the Belgian Investment Company for Developing Countries (BIO). This loan facility marks the inaugural transaction between FIF and BIO......
Envestnet Launches More Product Enhancements, Further Streamlining Workflows for Improving Client Outcomes
Banking Fintech News

Envestnet | Yodlee and JPMorgan Chase Sign Data Agreement to Enhance Consumer Data Protections, Bolster Overall Data Connectivity and Reliability

Fintech News Desk
by Fintech News Desk0
Agreement Provides Consumers Improved Access to Their Financial Data Envestnet | Yodlee, a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, and JPMorgan Chase have signed a data sharing agreement, providing the framework for the bank’s customers to more securely and effectively share and......
Lincoln International Reports Slowing Middle Market Growth At 1.4% In Q3 2019, As Bifurcation In Performance Amongst Industries Unfolds
Investment Services News

Lincoln International Reports Slowing Middle Market Growth At 1.4% In Q3 2019, As Bifurcation In Performance Amongst Industries Unfolds

Fintech News Desk
by Fintech News Desk0
Even as the stock market continues a relentless 10-year bull run, Lincoln International (Lincoln), a leading global investment banking advisory firm, finds that in America’s middle market, growth has begun to slow. This is according to the Lincoln Middle Market Index (Lincoln MMI), released , which measures changes in the......
Startup Investing Platform Republic Launches Industry-First Free Private Equity Incentive Program
Banking Fintech Startups News

Startup Investing Platform Republic Launches Industry-First Free Private Equity Incentive Program

Fintech News Desk
by Fintech News Desk1
First-Ever Compliant Private Equity Incentive Program Begins with Linen App Users Republic, the leading startup investment platform, is launching the first-ever legally compliant free private equity incentive program (or “Sharedrop”) in conjunction with the banking application Linen App. Linen App is offering $300,000 worth of investment in the company using a Simple Agreement for......
Farmer Mac Names Aparna Ramesh as EVP - Chief Financial Officer and Treasurer
Banking Fintech Funding News

Farmer Mac Names Aparna Ramesh as EVP – Chief Financial Officer and Treasurer

Fintech News Desk
by Fintech News Desk0
The Federal Agricultural Mortgage Corporation , the nation’s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, announced the selection of Aparna Ramesh as its Executive Vice President – Chief Financial Officer and Treasurer, starting January 6, 2020. Ms. Ramesh joins Farmer Mac with......
BankTEL Launches First AvidPay Customer
Banking News

BankTEL Launches First AvidPay Customer

Fintech News Desk
by Fintech News Desk0
Studio Bank Gains Access to Largest B2B Payments Network With Avidpay Integration  BankTEL, an AvidXchange company, announced that it has launched its first AvidPay customer, Nashville-based Studio Bank. The product launch for Studio Bank represents a significant milestone following the October 2019 acquisition of BankTEL by AvidXchange. Read More: Republic Provides a $1.5 million Facility to......
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