Search Results for: COVID 19
Stepan Company Executes $450 Million Credit Facility Agreement
Stepan Company announced that it has entered into credit agreement providing for a five-year committed $350 million multi-currency revolving credit facility and a $100 million delayed draw term loan facility with a syndicate of banks. JPMorgan Chase Bank, N.A. and BofA Securities, Inc. acted as joint lead arrangers. The credit facilities mature on June......
Flushing Bank Hosts Ribbon Cutting Ceremony at New Elmhurst Branch and Announces Community Scholarship for NYC Kids RISE
Flushing Financial Corporation the parent holding company for Flushing Bank (the “Bank”), hosted a ribbon cutting ceremony at its new branch located at 85-15 Queens Boulevard, Elmhurst, NY and announced grants to support two New York City nonprofit organizations. The event was well attended by local government and school officials......
Mass Luminosity Names Ruth Rhei Chief Financial Officer
Mass Luminosity, a global technology and experiential company, announced Ruth Rhei has joined its team as Chief Financial Officer. Rhei is an experienced finance professional with extensive experience originating, structuring and syndicating credit facilities across a variety of sectors, including non-investment grade corporates, commodity finance, emerging markets, and special situations. At......
Paysafe Finds More Than 1 in 3 Americans Have Permanently Changed their Payment Habits Following the Pandemic
Paysafe research reveals two thirds of U.S. consumers now use contactless payments in-store Over a third (39%) of American consumers have permanently changed how they pay since early 2020, when the COVID-19 pandemic began, reveals research by leading specialized payments platform Paysafe (NYSE: PSFE). The study, which is released today, also shows that contactless......
Hybrid Working Unleashes Wave of Insider Fraud as More Than Half of Businesses Fall Victim
Businesses of all sizes have been hit hard by fraud, and only 32% of fraud losses have been recovered in Great Britain (GB) and the United States (US) The shift to a cashless economy accelerates, with 1 in 5 businesses in Great Britain and 1 in 4 in the United......
Pendella Technologies Brings Life & Disability Insurance Protection to Clients of Partners PEO
Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, will bring its white-labeled life and disability insurance platform to more small business employers through a new arrangement with Colorado-based Partners PEO. Latest Fintech News: Hi Marley Names Boston Tech Veteran Jonathan Tushman as......
Mojaloop Foundation Launches the Mojaloop CBDC Center of Excellence in Singapore
Initiative Brings Together the Fintech Ecosystem to Explore How Central Bank Digital Currency Technologies and Mojaloop Open Source Software Can Drive Inclusion at Scale The Mojaloop Foundation announced the launch of its Mojaloop Central Bank Digital Currency (CBDC) Center of Excellence (COE) in Singapore to advance financial inclusion in emerging markets. In addition,......
Looking for a Fintech Job? Here’s a List of Top Fintech Engineering Skills
Fintech engineering skills are in huge demand and thousands of job advertisements are posted on top websites to attract fresh talent to work in fintech companies. Newer capabilities in Fintech such as AI-based smart banking, customer experience management, digital payments processing, crypto based cross-border , transactions, digital asset management, and......
Therorna completes Series A Financing to Accelerate Pipeline Development and Clinical Transformation of circRNA-based platform
Therorna Inc., a China-based biotech company specialized in the development of cutting-edge circular RNA (or circRNA) technology-based new vaccines and therapies, announced the completion of a US$42 million Series A financing round. The round was co-led by a well-known industrial investment firm and MSA Capital, with participation from Sherpa Healthcare Partners, 3H Health......