Search Results for: capital firm

QualTek Secures New Money Financing
Finance News

QualTek Secures New Money Financing

Business Wire
by Business Wire0
Financing provides the Company with greater liquidity as it takes steps to improve its financial position for future growth QualTek Services Inc., a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, announced the successful closing of new money......
Morgan Stanley Wealth Management Announces Key Milestone in Innovation Journey with OpenAI
Artificial Intelligence News

Morgan Stanley Wealth Management Announces Key Milestone in Innovation Journey with OpenAI

Business Wire
by Business Wire0
Wealth Management division developing internal-facing service that leverages OpenAI technology and Morgan Stanley’s vast intellectual capital to deliver relevant content and insights into the hands of Financial Advisors in seconds, helping drive efficiency and scale Morgan Stanley Wealth Management (MSWM) announced an important milestone in its innovation journey through the......
BSI Financial Joins MCT's Co-Issue Marketplace
Mortgage News

BSI Financial Joins MCT’s Co-Issue Marketplace

PR Newswire
by PR Newswire0
Mortgage Capital Trading, Inc., a leading mortgage hedge advisory and secondary marketing software firm, announced that BSI Financial Services (BSI) has become the latest investor to join BAMCO, MCT’s new marketplace for co-issue loan sales. BAMCO brings co-issue transactions directly into MCT’s whole loan trading platform and improves price transparency......
Comvest Credit Partners Announces Investment in Cardiovascular Logistics
Finance News

Comvest Credit Partners Announces Investment in Cardiovascular Logistics

Business Wire
by Business Wire0
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Joint Lead Arranger on a senior secured credit facility for Cardiovascular Logistics, a new national cardiovascular services platform. The Financing supported the formation of the Company by......
Fiserv Announces Executive Leadership Changes
Digital Payments Finance News

Fiserv Announces Executive Leadership Changes

Business Wire
by Business Wire0
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced executive leadership changes that will further advance the company’s growth strategy. Jennifer Manchester, formerly Co-General Counsel, has been named Chief Human Resources Officer, Katia Karpova, formerly Chief Financial Officer for EMEA, has been named Head of......
Lateral Investment Management Expands Distribution Team to Focus on Retail Channel
Investment Services News

Lateral Investment Management Expands Distribution Team to Focus on Retail Channel

Business Wire
by Business Wire0
Lateral Investment Management, a private investment firm focused on transformational growth at owner-operated middle market businesses in North America, announced the expansion of its sales team with the addition of Betsy Ward as Director of National Accounts, Angela Clakley as Vice President of Internal Sales, and Ken Johnson as Regional......
Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023
Lending News

Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023

GlobeNewswire
by GlobeNewswire0
Business loan approval rates rose at Institutional Investors and Alternative Lenders Small business loan approval percentages at big banks slipped again, falling from 14.4% in January to 14.2% in February 2023, according to the latest Biz2Credit Small Business Lending Index released today. This marks the ninth consecutive month in which big bank approval percentages have declined. Meanwhile,......
Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation
Banking News Risk Management

Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation

PR Newswire
by PR Newswire0
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud addresses new risk framework which will come into effect in 2025 Finastra and Uni Systems have extended their partnership to help financial institutions in the Adriatic, Central and Southeast Europe regions comply with the Basel Committee’s Fundamental Review of the Trading Book (FRTB) reporting requirements,......
Artificial Intelligence Banking Finance Markets News

To Enable Banks To Create And Manage Technological Solutions That Are Ready For The Future And Support Their Market Leadership, Intellect Introduces Emach.ai, The Largest Open Finance Platform In The World.

Fintech Staff Writer
by Fintech Staff Writer0
A breakthrough cloud-native, future-ready open banking platform with embedded artificial intelligence called eMACH.ai was introduced by Intellect Design Arena, a multi-product FinTech firm, and is powered by AWS. Financial institutions can construct the banks and FIs of the future thanks to eMACH.ai’s 285 pre-built microservices, 1,214 APIs, and 200 events.......
In 2023, The Digital Economy Mantra Has Done A Complete Reversal
Digital Economy Featured Fintech Primers

In 2023, The Digital Economy Mantra Has Done A Complete Reversal

Pooja Choudhary
by Pooja Choudhary0
I’m going to discuss seven trends this year that give innovators and company leaders in the payments industry a strategic framework for success. 1. Real-world issues drive payment innovation to return to the fundamentals. In 2022, 348 web3 startups received funding totaling $7.5 billion, an increase of $4.5 billion from......
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