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Wirecard North America Inc. Pursues Acquisition
Banking Fintech Investment Services News

Wirecard North America Inc. Pursues Acquisition

Fintech News Desk
by Fintech News Desk0
Wirecard North America Inc., a separate legal and business entity of Wirecard AG with over 20 years in the payments industry, announced that it is seeking acquisition. An investment bank is coordinating the sale process. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing Wirecard North America is a......
WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement
Fintech Investment Services News

WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement

Fintech News Desk
by Fintech News Desk0
WEX Inc. a leading financial technology service provider, announced it has agreed to a $400 million dollar investment from an affiliate of Warburg Pincus LLC (together with its affiliate, “Warburg Pincus”) which includes convertible notes in an aggregate principal amount of $310 million and $90 million in common stock through......
'Brand Genius' Sadira Furlow Joins the Happy Money Movement
Fintech News

Happy Money Appoints Fintech Pioneer Jason Altieri as General Counsel and Chief Compliance Officer as Demand for Digitally Native Fintech and Paying Down Consumer Debt Emerge as Key Trends

Fintech News Desk
by Fintech News Desk0
As America looks to heal from the economic upheaval driven by the COVID-19 pandemic, Happy Money is emerging to meet a growing demand for its financial tools and services that eliminate debt and improve happiness by Helping Borrowers Become Savers™.  As a part of its growth, the company has added fintech pioneer Jason......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Fintech News

Nexo Sets Crypto-Lending Benchmark – Adds BTC and ETH to Earn on Crypto Suite Offering Up To 10% Interest

Fintech News Desk
by Fintech News Desk0
Nexo, the leading financial institution for digital assets – well known for offering the world’s first instant crypto credit lines – has stepped up its crypto-lending offering by adding Bitcoin (BTC) and Ethereum (ETH) to its new Earn on Crypto product, enabling users to earn up to 10% interest on......
CARES 2 Legislation Stalls; President Trump Signs Executive Order Deferring Payroll Taxes
Banking Fintech News Risk Management

Bankers Cite Credit Risk as the Top Concern in Wolters Kluwer’s Basel IV Survey

Fintech News Desk
by Fintech News Desk0
There is a general consensus among bankers as to which challenges posed by the Basel III finalization reforms (commonly referred to as Basel IV) are most acute, with credit risk identified as the biggest challenge, and of the need to use the data generated to make their institutions more efficient......
Best’s Market Segment Report: Stock Market Volatility Puts Focus on Equity Price Risking Japan’s Non-Life Insurance Market
Fintech InsurTech News

Best’s Market Segment Report: Stock Market Volatility Puts Focus on Equity Price Risking Japan’s Non-Life Insurance Market

Fintech News Desk
by Fintech News Desk0
High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report. Read More: GlobalFintechSeries Interview with Erick Pinos, Ecosystem Lead at Ontology “Japan Non-Life: Robust Capitalisation to Weather Stock Market......
CubeLogic Takes On Private Equity Investment to Accelerate Global Business Expansion
Business Capital Markets Fintech News

CubeLogic Takes On Private Equity Investment to Accelerate Global Business Expansion

Fintech News Desk
by Fintech News Desk0
Growth Capital Partners (GCP) takes a minority shareholding in the business CubeLogic, the market leading provider of enterprise risk management solutions for the energy, commodities and financial markets announces that they have closed a significant minority investment deal with Growth Capital Partners (GCP) for an undisclosed amount. Read More: Healthfully......
Options Appoints Former RBS and MasterCard Executive Terry Hughes as New SVP of Marketing
Capital Markets Fintech News

Options Completes Colocation Expansion in Australia With ASX Trade and ASX 24 Access

Fintech News Desk
by Fintech News Desk0
Options, the leading provider of cloud-enabled managed services to the global capital markets, announced the successful deployment of market data and colocation facilities at the Australian Securities Exchange (ASX – ALC Australian Liquidity Centre). Options’ clients co-located within these top tier exchanges can now avail of ultra-low latency market access......
Banking Featured Fintech Fintech Funding

Softbank’s Masayoshi Son Steps Down from Alibaba Group’s Board

Paroma Sen
by Paroma Sen0
On Thursday, at the end of Softbank’s general shareholder’s meeting, Masayoshi Son, chief executive of Japanese technology company SoftBank Group Corp. announced that he would be stepping down from the board of Alibaba Group, a well-known Chinese e-commerce giant. Masayoshi Son announced this new change while also emphasizing that this......
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