Search Results for: transaction

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
Altria Enters $2.4 Billion Accelerated Share Repurchase Transactions in Connection with Closing of Offering of Anheuser-Busch InBev Stock
Finance Fintech News

Altria Enters $2.4 Billion Accelerated Share Repurchase Transactions in Connection with Closing of Offering of Anheuser-Busch InBev Stock

Business Wire
by Business Wire0
“Under the terms of the ASR agreements, on March 19, 2024, Company received an initial share delivery of approximately 85% of the shares to be repurchased, based on the closing price per share of our common stock on March 15, 2024. “Altria Group, Inc. today announces that we entered accelerated......
Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers
Banking Finance Fintech

Neobanks and Other Fintechs Join Green Dot Network to Enable Cash Transactions for Customers

Business Wire
by Business Wire0
REPAY, FACEBANK and Pana are now able to offer accessible and affordable cash transactions and services to customers via Green Dot’s vast network of thousands of retail locations nationwide. Green Dot Corporation, a leading digital bank and fintech providing seamless banking and payments services to consumers and businesses, announced the......
Morgan Stanley Announces Launch of Private Markets Transaction Desk
Finance Fintech News

Morgan Stanley Announces Launch of Private Markets Transaction Desk

Business Wire
by Business Wire0
Private Markets Transaction Desk supports secondary trading for shareholders of private companies through a company-centric focus with concierge service. Investors gain access to a distinct array of private market opportunities stemming from Morgan Stanley’s ecosystem encompassing Companies, Wealth Management Clients, and Institutional Investors. Morgan Stanley Wealth Management announced today the......
WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions
Blockchain News

WiMi Developed a Blockchain-Based Data Security Model for Large Private Network Transactions

PR Newswire
by PR Newswire0
The model is based on Bitcoin and Ether, utilising mechanisms such as Proof of Work (PoW) and Proof of Stake (PoS) to validate transactions and generate new blocks. WiMi Hologram Cloud, a leading global Hologram Augmented Reality (“AR”) Technology provider. As IoT applications continue to expand, traditional security models may not......
Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions
Fintech News

Silent Eight Announces Expansion of Partnership with HSBC To Provide Transaction Screening Solutions

PR Newswire
by PR Newswire0
This expansion will improve the bank’s compliance operations. Silent Eight’s solutions underpin HSBC’s dedication to advance automation and digital enablement. Silent Eight, a leading Regtech firm specialising in partnering with major financial institutions to drive efficiency, increased accuracy and adaptability within their financial crime programmes, announced the expansion of its......
Chartis: SAS an AML Transaction Monitoring Solutions Leader
Analytics News

Chartis: SAS an AML Transaction Monitoring Solutions Leader

PR Newswire
by PR Newswire0
Advanced AI and machine learning methodology and risk mitigation across the customer life cycle demonstrate ‘SAS has established itself as a leader in transaction monitoring services’ Attesting to SAS’ “tremendous amount of institutional knowledge that varies across disciplines from fraud to compliance,” Chartis Research has named the AI and analytics giant a......
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
Digital Payments News

DailyPay Closes Transactions Totaling $175 Million; Company’s Valuation Increases by 75%

Fintech News Desk
by Fintech News Desk0
Funds will be used to accelerate growth and expansion into adjacent categories and new markets. By Global FinTech Series News Desk  DailyPay, the on-demand pay company, announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided......
Juniper Research Global Soft POS Transaction Value to Experience Massive Growth of 1,050% by 2028; Driven by Apple’s Tap to Pay Roll
Finance Fintech News

Juniper Research: Global Soft POS Transaction Value to Experience Massive Growth of 1,050% by 2028; Driven by Apple’s Tap to Pay Roll-out

Business Wire
by Business Wire0
The report advised payment companies to focus on bundling soft POS solutions with other business tools, such as cash flow management, to maximise success. A new study from Juniper Research, the foremost experts in payments markets, forecasts that the global transaction value processed via soft POS will reach $11.8 billion by......
Cantons of Basel-City and Zurich Settled Using SDX
Blockchain News

Zurich and Swiss Cantons Basel-City Pioneer Digital Bond Transaction Settlement

PR Newswire
by PR Newswire0
Digital bond issuances by the Cantons of Basel-City and Zurich were successfully settled using real CHF wholesale central bank digital currency (wCBDC) issued by the Swiss National Bank (SNB) on SIX Digital Exchange (SDX). It is the first time the SNB has issued real wCBDC in Swiss francs on a financial market......
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