Search Results for: payment management

OCC Implements Phase III of Financial Safeguards Framework
Fintech News Risk Management

OCC Implements Phase III of Financial Safeguards Framework

Fintech News Desk
by Fintech News Desk0
Enhancing its resiliency as a Systemically Important Financial Market Utility (SIFMU), OCC, the world’s largest equity derivatives clearing organization, announced that the U.S. Securities and Exchange Commission (SEC) approved Phase III of the company’s Financial Safeguards Framework (FSF) for liquidity on June 4, 2020. The approved changes were implemented on June......
KBRA Analytics Announces the Launch of KBRA Financial Intelligence (KFI)
Fintech News

KBRA Assigns Preliminary Ratings to Citigroup Commercial Mortgage Trust 2020-WSS

Fintech News Desk
by Fintech News Desk0
Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to four classes of Citigroup Commercial Mortgage Trust 2020-WSS, a $413.25 million CMBS single-borrower transaction. The collateral for the securitization consists of a $435.0 million non-recourse, first lien, floating-rate mortgage loan that is secured by the......
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New Search Fund Model of Private Equity for Small Business Acquisitions

Ariaa Reeds
by Ariaa Reeds0
The Private Equity industry has traditionally invested majority of its capital in large companies. Recently, however, the nature of Private Equity deals is shifting toward small businesses with the emergence of a new model. Here’s the full story. The Great Divide – Different Rules of Private Equity A trend has......
Singapore's Volopay raises $2.1m
Capital Markets Fintech News

HilltopSecurities Expands Midwest Presence with Additional Hires in New St. Paul, Minnesota, Location

Fintech News Desk
by Fintech News Desk0
Hilltop Securities Inc. (HilltopSecurities) recently welcomed Senior Vice President Patrick “Pat” Toutant as Private Client Group branch manager in St. Paul, Minnesota, marking the latest in a series of hires as the company increases its Midwest presence. Read More: Bank of Montreal, Motley Fool, Pernod Ricard USA and Wabtec Among......
Axos Bank Celebrates 20 Years of Digital Financial Services Leadership
Fintech News

Axos Bank Celebrates 20 Years of Digital Financial Services Leadership

Fintech News Desk
by Fintech News Desk0
Axos Financial celebrated its 20th anniversary , signifying two decades of leadership in the digitization of financial services. “Over two decades, we’ve established Axos as a digital banking leader – a position that will only strengthen as consumers and small businesses increasingly embrace our model and as we further incorporate......
moneycorp Americas Announces Expansion into Canada
Fintech News Risk Management

moneycorp Americas Announces Expansion into Canada

Fintech News Desk
by Fintech News Desk0
The expansion will offer a full suite of global payment and FX hedging products to both private and corporate clients moneycorp Americas, a leading provider of global payments and currency risk management, announced their expansion into Canada with operations to serve private and corporate customers. moneycorp’s North American operations has......
Central Valley Community Bank Announces Retirement of Chief Credit Officer and Succession Appointment
Banking Fintech News Risk Management

Central Valley Community Bank Announces Retirement of Chief Credit Officer and Succession Appointment

Fintech News Desk
by Fintech News Desk0
Patrick A. Luis has been appointed new EVP, Chief Credit Officer, succeeding veteran banker, Patrick J. Carman James M. Ford, President and Chief Executive Officer of Central Valley Community Bancorp (Company) and Central Valley Community Bank (Bank), announced the appointment of Patrick A. Luis to Executive Vice President, Chief Credit......
Kiva Receives USAID Design Funding to Structure Innovative $100M Fund to Support 1 Million Women Globally
Business Fintech Fintech Funding News

Kiva Receives USAID Design Funding to Structure Innovative $100M Fund to Support 1 Million Women Globally

Fintech News Desk
by Fintech News Desk0
Financial inclusion non-profit Kiva is announcing a partnership under the White House-led Women’s Global Development and Prosperity (W-GDP) Initiative with USAID to advance women’s economic empowerment by increasing access to financing for women entrepreneurs and business owners. W-GDP is the first whole-of-government approach to women’s economic empowerment and, as a part......
New UBS Report Reveals That Joint Financial Participation Is the Key to Gender Equality
Fintech News

New UBS Report Reveals That Joint Financial Participation Is the Key to Gender Equality

Fintech News Desk
by Fintech News Desk0
According to UBS Global Wealth Management’s latest Own Your Worth report, 74% of men and 82% of women see joint participation in long-term financial decisions as a necessary step to create gender equality. The report, which surveyed 1,825 high-net-worth investors in the US, found that a significant majority believe equal participation helps......
City National Bank Names Richard A. Raffetto President
Banking Fintech News

City National Bank Names Richard A. Raffetto President

Fintech News Desk
by Fintech News Desk0
Raffetto succeeds Christopher J. Warmuth, who retires after 18 years at the bank City National Bank, America’s Premier Private and Business Bank, announced that Richard A. Raffetto will join the company as president, effective August 31, 2020. He will be elected to City National’s board of directors and will report......
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