Search Results for: analyst

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season
Banking News

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

GlobeNewswire
These plans come after the company announced reaching over $540 million in assets in its 2024 Annual Shareholder Letter and more recently exceeding $600 million in assets. Climate First Bank, the world’s first FDIC-insured community bank founded to combat the climate crisis, announces, through its holding company Climate First Bancorp,......
Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce
Fintech Investments News

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Business Wire
This year’s report reveals a focus on harnessing new and emerging technologies to build resiliency, improve quality, maximize workforce potential, and drive sustainable growth. Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual “State of Smart......
Generative AI Startup, Hazy, and Next-Gen Rewards App, Unbanx, Partner to Launch First Ethical Synthetic Data Cooperative
Banking News

Generative AI Startup, Hazy, and Next-Gen Rewards App, Unbanx, Partner to Launch First Ethical Synthetic Data Cooperative

PR Newswire
The dataset is made up of transactions from over 20,000 consumers covering real-time credit and debit cards from incumbent and challenger banks, and ticker spending. Leading generative AI firm, Hazy, and Open Banking data ownership platform, Unbanx, announced the launch of the first ethical data cooperative comprising synthetically generated financial......
Clip Money Expands By Collaborations with Local Partners
Fintech News

Clip Money Expands By Collaborations with Local Partners

Fintech News Desk
With the expansion of shopping mall relationships with Simon, Tanger, and Spinoso, Clip now has a network of nearly 400 mall-based locations, with plans on expanding the network throughout 2024 with additional property owners. Clip Money, Inc., a company that operates a multi-bank self-service deposit system for businesses, announced an......
Adobe Announces New $25 Billion Stock Repurchase Program
Finance Fintech News

Adobe Announces New $25 Billion Stock Repurchase Program

Business Wire
Under the program, the company may repurchase shares in the open market and enter into structured repurchase agreements with third parties. Adobe announced that its board of directors has approved a new stock repurchase authorization, granting the company authority to repurchase up to $25 billion in common stock through March......
New Digital Benchmarking Research Identifies Citi, Chase, Bank of America and u.s. Bank as Top for Credit Card Digital Experience
Digital Payments News

New Digital Benchmarking Research Identifies Citi, Chase, Bank of America and u.s. Bank as Top for Credit Card Digital Experience

PR Newswire
The research finds that websites generally outscore mobile apps in terms of functionality, with many apps underperforming in key areas like account information, rewards and support. New research from Corporate Insight (CI) identifies Citi and Chase as the top performers in credit card website and mobile app experiences, respectively. The......
Leading Industry Influencers Top Out the Agenda for Alkami Colab 2024
Banking News

Leading Industry Influencers Top Out the Agenda for Alkami Colab 2024

PR Newswire
The conference will include participants from credit unions, banks and fintechs as well as analysts and consultants to discuss the most pressing topics impacting this industry. Alkami Technology, a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that its annual Alkami Co:lab conference, held in Grapevine, TX, April 8-10, 2024,......
S&P Global Agrees to Acquire Visible Alpha, Enhancing Investment Research Capabilities in S&P Capital IQ Pro Platform
Investment Services News

S&P Global Agrees to Acquire Visible Alpha, Enhancing Investment Research Capabilities in S&P Capital IQ Pro Platform

PR Newswire
S&P Global also intends to explore strategic opportunities for Fincentric, its digital solutions business, as part of a portfolio shift to accelerate focus in core areas of strategic growth. S&P Global announced an agreement to acquire Visible Alpha, the financial technology provider of deep industry and segment consensus data, sell-side......
Best’s Special Report: N
Finance Fintech News

Best’s Special Report: New Standard Continues to Pressure South Korea Insurers’ Capital Management

Business Wire
The Best’s Special Report, titled “Implementation of K-ICS Continues to Pressure South Korean Insurers’ Capital Management,” notes that the magnitude of the decline in the industry’s average solvency ratio was smaller than initially expected. The implementation of more stringent risk measurement under the Korean-Insurance Capital Standards (K-ICS) a year ago......
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