Search Results for: capital

Companies Embrace AI, but Senior Executives Cite Challenges on Alignment, Ethics
Artificial Intelligence News

Companies Embrace AI, but Senior Executives Cite Challenges on Alignment, Ethics

Fintech News Desk
New Survey Data from GLG Reveals That Most Businesses Do Not Coordinate AI Use Across Departments or Take Key Measures to Manage Ethical Concerns. A new survey of senior executives issued today by GLG shows that corporate America is increasingly using AI, and executives anticipate that they will use it even......
Republic Provides a $1.5 million Facility to a Midwestern Transportation Company
Fintech News

Republic Provides a $1.5 million Facility to a Midwestern Transportation Company

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Republic Partnered with a Turnaround Consulting Firm to Provide a Receivables Line of Credit to Help Support the Trucking Firm’s Growth When an Intermodal trucking company needed to refinance its existing line of credit, they sought out Republic Business Credit (“Republic”) to meet their growth needs. Republic provided a 92% advance rate to......
Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients
Banking News

Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients

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Bank of America announced the expansion of unlimited commission-free online stock, ETF and option trading to all Merrill Edge Self-Directed investors. Zero-dollar trades, together with the firm’s powerful combination of personalized guidance, straightforward tools, professional expertise and the industry-leading Preferred Rewards program, ensure Bank of America and Merrill clients can pursue their......
Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards
Banking News

Discover Cardmembers Can Now Access Their Accounts Through Amazon Alexa

Fintech News Desk
Discover announced that cardmembers can access their credit card accounts with the power of their voices through Amazon Alexa. The new Discover skill for Alexa offers customers a convenient and hands-free way to access account information, including their recent transactions, available credit, current balance, rewards category information and payment due......
Payrailz Promotes Song Nunnallee to VP of Implementation
Banking News

Payrailz Promotes Song Nunnallee to VP of Implementation

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Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced the promotion of Song Nunnallee from director to vice president of implementations to further emphasize the company’s commitment to providing exceptional customer service. In this expanded role, and reporting to Payrailz’ COO Paul......
BankerBay is now Aurigin
Banking News

BankerBay is now Aurigin

Fintech News Desk
The Platform for Deal Origination BankerBay, one of the world’s largest private deal origination platform, announced that it has rebranded to Aurigin, effective immediately. The Aurigin platform is already positioned as the leading mid-market deal origination resource with over $250 billion of live, investable deals and $30 billion of new deal flow each month. The......
Olympus Fintech Introduces Olympus Platform
Fintech News

Olympus Fintech Introduces Olympus Platform

Fintech News Desk
Innovative, One-Stop Solution Provides Investment Managers Unified Ecosystem of Information and Communication throughout Investment Life Cycle Olympus Fintech, a leading software company creating solutions for public and private market asset managers, announced the launch of its Olympus Platform (the “Platform”), an innovative, one-stop tool that improves operating efficiency for investment......
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
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
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......
Crusoe Energy Systems Announces $70 Million in Funding for Expansion of Digital Flare Mitigation Services
Fintech Funding News

Crusoe Energy Systems Announces $70 Million in Funding for Expansion of Digital Flare Mitigation Services

Fintech News Desk
Bain Capital Ventures and KCK Group Led the Equity Financing Crusoe Energy Systems, Inc., a technology-driven flare mitigation provider, announced the close of $30 million in equity funding and $40 million in project financing for a combined $70 million in new capital targeting the rapid expansion of Crusoe’s proprietary Digital Flare Mitigation™ (“DFM”) technology and......
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