Search Results for: investment banks

Experian Launches New Ascend Portfolio Loss Forecaster in Collaboration With Oliver Wyman to Help Analyze Risk and Forecast Loan Losses in the Wake of COVID-19 and Beyond
Business Fintech News Risk Management

Experian Launches New Ascend Portfolio Loss Forecaster in Collaboration With Oliver Wyman to Help Analyze Risk and Forecast Loan Losses in the Wake of COVID-19 and Beyond

Fintech News Desk
by Fintech News Desk0
Forecaster tool helps lenders make better decisions with customized forecasts and macroeconomic data Experian, the world’s leading global information services company, in collaboration with Oliver Wyman, a leading global management consulting firm, launched the Ascend Portfolio Loss Forecaster™, a new tool that uses Experian’s comprehensive data along with up-to-date macroeconomic......
Morgan Stanley Closes Acquisition of E*TRADE
Banking Fintech Investment Services News

Morgan Stanley Announces $10 million To Support Minority Depository Institutions

Fintech News Desk
by Fintech News Desk0
Grants include $5 Million to Industrial Bank of Washington, D.C., and $5 Million to Citizens Trust Bank of Atlanta, GA Morgan Stanley announced $10 million in grants to Minority Depository Institutions (MDIs) including Industrial Bank of Washington, D.C., and Citizens Trust Bank of Atlanta, GA. These grants of $5 million......
Ameriprise Financial Institutions Group Welcomes ESSA Bank & Trust
Banking Fintech Fintech Funding Investment Services News

Ameriprise Financial Institutions Group Welcomes ESSA Bank & Trust

Fintech News Desk
by Fintech News Desk0
ESSA Selects Ameriprise Financial Services, LLC as its new broker-dealer to expand its investment services program Ameriprise Financial announced that ESSA Bank & Trust has transitioned its investment management program, ESSA Investment Services, to Ameriprise Financial Institutions Group (AFIG). ESSA joins AFIG from Cetera. The Stroudsburg, PA-based bank employs three......
First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds
Business Fintech Fintech Funding News

First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds

Fintech News Desk
by Fintech News Desk0
First Financial Network, Inc. (FFN), a leading international loan sale advisor, has announced the successful sale of performing and non-performing loans totaling $112 million on behalf of several financial institutions and funds. The assets sold included predominantly commercial real estate loans (office, industrial, retail, mixed-use, and multifamily) as well as C&I business......
Banking Featured Fintech

A Few Interesting Reads on Finance and FinTech

Tanika Mehrotra
by Tanika Mehrotra0
In view of the current Covid-19 pandemic, FinTech firms are enhancing their traditional methods and trying to adapt to modern needs by innovating in different segments, be it payments, digital banking, machine learning, gamification, and more. The importance of saving money or investing money has never felt more important, not......
JotForm Announces PayPal Commerce Platform Integration for Improved Buyer Experience
Economy Fintech Fintech Funding Investment Services News

PayPal Announces $530 Million Commitment to Support Black Businesses, Strengthen Minority Communities and Fight Economic Inequality

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and inclusion within the PayPal community.......
The Iyo Bank Switches to Rimini Street Support for its Oracle Database Software
Banking Fintech News

The Iyo Bank Switches to Rimini Street Support for its Oracle Database Software

Fintech News Desk
by Fintech News Desk0
Rimini Street, a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, announced today that The Iyo Bank, Ltd., a major regional bank in Japan, has switched to Rimini Street for support of its Oracle Database......
Temenos SaaS Supports Flowe in Launching an Ethical Challenger Bank in Record Time
Artificial Intelligence Banking Economy Fintech News

The Number of Banking Executives Saying New Technologies Will Drive Global Banking Rises by 57% in a Year, Reveals Economist Intelligence Unit Report Released by Temenos

Fintech News Desk
by Fintech News Desk0
Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos, the banking software company.......
NYMBUS Secures $12 Million in Growth Funding
Fintech Fintech Funding News

NYMBUS Secures $12 Million in Growth Funding

Fintech News Desk
by Fintech News Desk0
NYMBUS, a provider of the world’s most advanced financial services platform, announced it has completed $12 million in a new financing round led by the company’s major shareholders of Insight Partners and Vensure Enterprises. The focus of the investment will be used to support rapid market penetration for the NYMBUS......
Goldman Sachs Invests $50 Million in jSonar to Deliver Modern Database Security
Banking Fintech Fintech Funding Investment Services News

Goldman Sachs Invests $50 Million in jSonar to Deliver Modern Database Security

Fintech News Desk
by Fintech News Desk0
Funding round to accelerate jSonar’s delivery of the next generation of database security solutions, providing protection for all databases, big data systems and cloud data services jSonar announced it has closed a $50 million investment from Goldman Sachs for the company’s first institutional round of funding. As part of the transaction, David Campbell,......
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