Search Results for: financial markets

Amber Group Executes World’s First Crypto Borrow Transaction On CLST Markets In The Form Of An eNote by FQX AG
Cryptocurrency Fintech News

Amber Group Executes World’s First Crypto Borrow Transaction On CLST Markets In The Form Of An eNote by FQX AG

Fintech News Desk
CLST Markets, an institutional-only lending and borrowing venue for stablecoins and crypto assets, has successfully facilitated an uncollateralized multi-million USDC stablecoin loan executed by Amber Group for the first time. The fixed-term transaction was executed in the form of the first electronic promissory note for a stablecoin issued on the......
M&T Bank Names Dominique Goss Executive Director of M&T Charitable Foundation
Banking News

M&T Bank Corporation and People’s United Financial, Extend Merger Agreement

Fintech News Desk
M&T Bank Corporation and People’s United Financial, Inc. jointly announced that the two companies have agreed to extend their merger agreement from February 21, 2022 to June 1, 2022. The merger received approval from both the New York State Department of Financial Services and the Connecticut Department of Banking in October 2021. Approval by the......
M&T Bank Corporation and People's United Financial, Inc. Extend Merger Agreement
Banking News

M&T Bank Corporation and People’s United Financial, Inc. Extend Merger Agreement

Fintech News Desk
M&T Bank Corporation (“M&T”) and People’s United Financial, Inc. (“People’s United”) jointly announced that the two companies have agreed to extend their merger agreement from February 21, 2022 to June 1, 2022. Latest Fintech Insights : New Shelter Opening in New Orleans Helped by $750K from Fifth District Savings Bank and FHLB Dallas......
Mercury Financial Reaches Another Milestone in Completion of $450MM Term Securitization Transaction
Finance News

Mercury Financial Reaches Another Milestone in Completion of $450MM Term Securitization Transaction

Fintech News Desk
MFCCMT Series 2022-1 represents the 2nd term series of notes issued out of the master trust established in March of 2021. Including this transaction, Mercury Financial has issued $1.4 billion of term notes and $650 million of variable funding notes from the master trust Mercury Financial LLC, a financial inclusion......
MoneyLion Completes Acquisition of Even Financial, the Category Leading Embedded Finance Marketplace
Digital Finance News

MoneyLion Completes Acquisition of Even Financial, the Category Leading Embedded Finance Marketplace

Fintech News Desk
Acquisition Expands MoneyLion’s Distribution Network, Accelerating MoneyLion’s Mission of Providing Financial Access and Advice to Hard-working Americans MoneyLion Inc., the award-winning digital financial platform, has completed its acquisition of Even Financial Inc. (“Even”), the category-leading embedded finance marketplace. The acquisition strengthens MoneyLion’s platform by improving consumers’ abilities to find and access the......
62% of Financial Services Leaders Expect Their Cloud Investments to Increase Revenue Over Next Two Years
Capital Markets Cloud News

62% of Financial Services Leaders Expect Their Cloud Investments to Increase Revenue Over Next Two Years

Fintech News Desk
Capco and Wipro FullStride Cloud Services global study finds financial services companies’ cloud goals are focused on business and revenue growth Financial services leaders cite increased future revenues (62%) and improved future profitability (52%) as leading reasons to deploy cloud technologies, according to a new financial services study by Capco,......
Databricks Launches Lakehouse for Financial Services to Accelerate Data-Driven Innovation Across the Industry
Analytics Finance News

Databricks Launches Lakehouse for Financial Services to Accelerate Data-Driven Innovation Across the Industry

Fintech News Desk
Lakehouse for Financial Services delivers partner solutions, use-case accelerators, and data monetization capabilities designed to address the unique requirements for Financial Service Institutions Databricks, the Data and AI company and pioneer of the data lakehouse architecture, announced the Databricks Lakehouse for Financial Services, an open, modern data platform tailored to......
NextGen Healthcare Expands Relationship with InstaMed to Simplify Payment Processing for Patients and Providers
Digital Payments News

MOCA Financial Enhances Its Digital-First NextGen Card-Based Payment Platform with Atomic’s Automated Direct Deposit Acquisition Solution

Fintech News Desk
MOCA clients can now provide a seamless, easy method for their customers to switch their payroll direct deposits to their client-branded MOCA accounts and get paid up to 2 days early MOCA, a Digital-First Next-Generation Card-Based Payment Platform provider, is pleased to announce that it has partnered with Atomic to provide automated......
Rocket Financial Inc. Selects Scienaptic's AI-Powered Platform For RocketBNK
Artificial Intelligence Banking News

Rocket Financial Inc. Selects Scienaptic’s AI-Powered Platform For RocketBNK

Fintech News Desk
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK. “Scienaptic AI’s credit decisioning platform will automate our loan decisioning, provide instant decisions on point-of-sale transactions, process larger volumes of applications and help us serve our customers better.” Rocket......
Billtrust Acquires Order2Cash, a European B2B Financial Software Provider
B2B Digital Payments News

Billtrust Acquires Order2Cash, a European B2B Financial Software Provider

Fintech News Desk
Acquisition Further Expands Global Reach for AR Automation and B2B Integrated Payments Leader   Billtrust, a B2B accounts receivable (AR) automation and integrated payments leader, announced it has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company’s European footprint, global presence......
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