Search Results for: regulatory capital

EMVision Sets Sight on US With US$10M Keysight Investment
Fintech Investments News

EMVision Sets Sight on US With US$10M Keysight Investment

Business Wire
by Business Wire0
Following a long-standing relationship, Keysight Technologies has acquired a strategic equity stake in EMVision, providing the Aussie Medtech with a fully funded path to market EMVision, an Australian medical device company focused on developing innovative portable brain imaging technology, has announced a US$10 million (~A$15.28m) strategic investment from Keysight Technologies,......
Automated, Scalable SME Funding Now Possible Thanks to New Platform from Fintech Factris
Fintech News

Automated, Scalable SME Funding Now Possible Thanks to New Platform from Fintech Factris

PR Newswire
by PR Newswire0
– Major changes for Factris’ platform include same-day payments, streamlined onboarding, and fraud prevention for European SMEs – Automation and AI features enable adaptations to local languages, currencies, and regulations – The new platform is a key component to Factris’ expansion into new markets in the EU After years of......
Impending growth crunch confronts wholesale banks with challenge to seize new drivers of future revenues
Banking Finance News

Impending Growth Crunch Confronts Wholesale Banks With Challenge to Seize New Drivers of Future Revenues

PR Newswire
by PR Newswire0
Wholesale banks’ average annual revenue growth (CAGR) set to drop from 8%+ in 2019-22 to 2% or below 2023-2025, Bain analysis and proprietary survey of bank leaders suggests Worst case projections show minus 2% CAGRs in new era as historical period of ultra-low interest rates and cheap money comes to......
Strategic Biofuels and Sumitomo Corporation of Americas Announce Major Investment Commitment
Investment Services News

Strategic Biofuels and Sumitomo Corporation of Americas Announce Major Investment Commitment

PR Newswire
by PR Newswire0
The company also announces a strategic shift from Renewable Diesel to Sustainable Aviation Fuel production at its Louisiana Green Fuels project. Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation, a leading Fortune 500 global......
Fintech Trends 2024: How Can Enterprises Be Better Prepared?
Artificial Intelligence Banking Blockchain Business Digital Payments Featured Finance Fintech

Fintech Trends 2024: How Can Enterprises Be Better Prepared?

Prajakta Ayade
by Prajakta Ayade0
As the year progresses, the fintech industry has the most eyeballs glued, looking up to all the trends that might follow, how new AI advancements play out and how fintech security evolves. At the forefront of this is the advent of digitised payments, marking a significant shift from conventional cash-based......
KuCoin Highlights Its Focuses on Product Innovation Driving Retail and Institutional Adoption in World Crypto Forum in Davos
Cryptocurrency Fintech News

KuCoin Highlights Its Focuses on Product Innovation Driving Retail and Institutional Adoption in World Crypto Forum in Davos

Business Wire
by Business Wire0
Davos, Switzerland – KuCoin, a top 5 global cryptocurrency exchange, proudly participated in the World Crypto Forum which has attracted a global audience keen on unraveling the future of the crypto ecosystem. Dorian Vincileoni, KuCoin’s Europe Business Development Lead, shared his insights in the panel “The Future of Centralised Exchanges”......
BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform
Fintech

BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform

Business Wire
by Business Wire0
The combination of GIP with BlackRock’s highly complementary infrastructure offerings creates a comprehensive global infrastructure franchise with differentiated origination and asset management capabilities. BlackRock, Inc. and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP......
Prometheum Receives First of Its Kind Approval From FINRA to Clear and Settle Digital Asset Securities
Fintech News

Prometheum Receives First of Its Kind Approval From FINRA to Clear and Settle Digital Asset Securities

Business Wire
by Business Wire0
Prometheum’s digital asset securities custody platform is launching in Q1 2024 Prometheum Inc., today announced its plan to launch its digital asset securities custody platform in Q1 2024. Following its recent membership approval with Financial Industry Regulatory Authority (“FINRA”) to operate as a Special Purpose Broker-Dealer (“SPBD”) to custody digital......
Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million
Banking News

Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million

PR Newswire
by PR Newswire0
Dave, one of the nation’s leading neobanks, announced it has reached an agreement with FTX Ventures Ltd. (“FTX”) to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of $100 million, for a discounted purchase price of $71 million. FTX filed a motion in......
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