Search Results for: funds

Jack Henry Reaches Milestone of 150 Banks and Credit Unions Moving Network Infrastructure to Its Hosted Network Solutions Environment
Banking Fintech News

The Bank of Missouri Funds $40 Million Loan to Help Food Services Business Manage Cash Flow During Pandemic, Sourced Through Jack Henry’s A/R Financing Program

Fintech News Desk
by Fintech News Desk0
Loan represents BusinessManager’s largest line of funding in the program’s 30-year history Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that The Bank of Missouri has successfully leveraged its accounts receivable (A/R)......
Harmonate Appoints Richard Scheffrin CTO to Sustain Leadership in Data Operations for Funds
Fintech News

Harmonate Appoints Kevin Walkup CEO to Expand Leadership in Data Operations for Funds

Fintech News Desk
by Fintech News Desk0
Harmonate announced Kevin Walkup as CEO, to continue the acceleration of its data operations platform for fund administration. “We are seeing a historic evolution in fund administration from a professional services model, to a fundstech model driven by data operations,” said Walkup. “Harmonate is a catalyst for that transformation, which is frankly happening......
Barclays Launches Systematic Study of ESG-Focussed US Equity Funds
Fintech Fintech Funding Investment Services News

Barclays Launches Systematic Study of ESG-Focussed US Equity Funds

Fintech News Desk
by Fintech News Desk0
ESG-focussed mutual funds are attracting large inflows, but fundamental challenges remain in defining what constitutes an ESG-labelled equity fund. In a systematic study of US equity funds, Barclays Quantitative Portfolio Strategy (“QPS”) team finds that ESG-labelled funds do not necessarily provide more ESG exposure than conventional funds. Read More: Curb Debuts......
Hedge Funds Must Embrace AI or Die
Artificial Intelligence Fintech Fintech Funding News

Hedge Funds Must Embrace AI or Die

Fintech News Desk
by Fintech News Desk0
Renaissance Technologies famed hedge fund, Medallion, along with other AI-driven funds including Citadel, D.E. Shaw and Two Sigma, are on the verge of facing off against a new generational hedge fund fueled by the latest AI technologies with one key difference: a 100 percent model-driven, alpha-learning, AI algorithm designed to......
Fintech News

ClassWallet Awarded Contract by State of Oklahoma to Distribute Federal Funds Supporting Private School Tuition and Educational Needs of Low-Income Families During COVID-19

Fintech News Desk
by Fintech News Desk0
ClassWallet has been awarded a contract from the office of Oklahoma Governor Kevin Stitt to implement its innovative fintech platform to help distribute $18 million in federal funds to support the private school tuition and educational resource needs of low-income families during the COVID-19 crisis. ClassWallet will support in the administration of two specific education initiatives designed......
Business News

DWS Expands Access to ESG Funds with Growth of Xtrackers S&P 500 ESG ETF and Xtrackers ESG ETF Suite

Fintech News Desk
by Fintech News Desk0
Xtrackers award-winning ESG ETF Suite exceeds $2.7B, with investors increasing allocations to ESG funds; lowers expense ratio for Xtrackers S&P 500 ESG ETF with increased scale, growth DWS, one of the world’s leading asset managers, announced today that its Xtrackers S&P 500 ESG ETF (NYSE Arca: SNPE) has surpassed $230......
Elliptic Responds in Real-Time to Monitor Flow of Fraudulent Funds Following Twitter Security Breach
Blockchain Cryptocurrency Fintech News Risk Management

Elliptic Responds in Real-Time to Monitor Flow of Fraudulent Funds Following Twitter Security Breach

Fintech News Desk
by Fintech News Desk0
Elliptic, the global leader in cryptoasset risk management solutions, issued a statement on their response to the Twitter cybersecurity breach which occurred on 15th July, 2020. Read More: GlobalFintechSeries Interview with Curtis Webb, Vice President, Product Management – Emerging Payments at Meta Financial Group and MetaBank The very nature of......
TrueBridge Capital Partners Raises $600 Million for Sixth Venture Capital Fund-of-Funds
Business Capital Markets Fintech Fintech Funding Investment Services News

TrueBridge Capital Partners Raises $600 Million for Sixth Venture Capital Fund-of-Funds

Fintech News Desk
by Fintech News Desk0
Venture capital investment firm TrueBridge Capital Partners announced the close of its sixth venture capital fund-of-funds, TrueBridge Capital Partners Fund VI, L.P. (“Fund VI”) with $600 million in limited partner commitments. With this latest fund, TrueBridge surpasses its previous fund of $450 million and now manages over $3.3 billion in assets. Read More: Strider Announces......
DCM Closes $880 Million for Newest Family of Global Funds
Business Fintech Investment Services News

DCM Closes $880 Million for Newest Family of Global Funds

Fintech News Desk
by Fintech News Desk0
DCM, an early-stage global venture capital firm, announced it has closed its largest family of funds to date, totaling $880 million. The committed capital includes $780 million for DCM IX, its largest ever global fund, and $100 million for its third A-fund dedicated to global seed-stage investments. Read More: Strider......
UK DB Pension Schemes Lose up to £250m a Year Due to Use of Less Tax-Efficient Funds, Research by AMX and Northern Trust Reveals
Fintech Fintech Funding Investment Services News

UK DB Pension Schemes Lose up to £250m a Year Due to Use of Less Tax-Efficient Funds, Research by AMX and Northern Trust Reveals

Fintech News Desk
by Fintech News Desk0
UK defined benefit (DB) pension schemes are losing out on over £250m of additional income per year in their global equity portfolios because they are investing via less tax-efficient fund structures than those available, according to new research from The Asset Management Exchange (AMX) and Northern Trust, conducted by Broadridge......
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