Tag : institutional investors

USA Technologies Announces $55 Million Common Stock Investment from Multiple Investors
Business Fintech News

USA Technologies Announces $55 Million Common Stock Investment from Multiple Investors

FTS News Desk
USA Technologies, Inc., a software and payments company that provides end-to-end technology solutions for the unattended retail market, today announced that it has agreed to sell 5,730,000 shares of its common stock to certain institutional investors in a private placement. The Company anticipates aggregate gross proceeds from the offering will......
Early Warning Services and The Clearing House Now Enable Zelle Payments on the RTP Network
Artificial Intelligence Business Fintech News Risk Management

Neuravest Research Launches to Meet Growing Institutional Demand for Performance-Boosting AI-Driven Portfolios

FTS News Desk
Neuravest Research, a provider of AI-driven investment solutions for institutional investors, today announced the public launch of its portfolio construction and management platform, designed to help asset managers deliver superior fund performance through algorithmic portfolios using best-in-class alternative data and AI technology. Neuravest Research is a successor company to Lucena......
Institutional Investors Ramp Up Compliance Budgets For Work From Home
Artificial Intelligence Banking Business Fintech InsurTech Investment Services News Risk Management

Institutional Investors Ramp Up Compliance Budgets For Work From Home

FTS News Desk
Almost 70% of buy-side firms plan to increase compliance budgets in 2021, following the unprecedented market upheaval and operational crises triggered by the COVID-19 pandemic. Read More: GlobalFintechSeries Interview with Rohit Arora, CEO at Biz2Credit Compliance systems were tested last year by elevations in conduct risk and oversight blind spots amid......
JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions
Banking Digital Fintech Investment Services News

JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions

FTS News Desk
JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm’s recently announced $30 billion commitment to advancing racial equity. MDIs and CDFIs provide vital financial services in communities that are often underserved. In order to provide this necessary funding......
Deloitte Partners With Diligend To Digitize and Streamline Operational and Investment Manager Due Diligence Services
Business Fintech News

Deloitte Partners With Diligend To Digitize and Streamline Operational and Investment Manager Due Diligence Services

FTS News Desk
Diligend, a leading investment management software provider that brings the power of technology to institutional investors and consultants, today announced it has added Deloitte Consulting as a client. Deloitte will use Diligend’s solution to digitize and streamline their processes, which include Operational Due Diligence (ODD) on investment managers and service......
B. Riley Financial Completes Acquisition of National Holdings Corporation, Creates Meaningfully Enhanced Wealth Management Platform
Business Fintech News

Consumer Edge Announces Savvr Acquisition

FTS News Desk
Consumer Edge announced today that is has completed its acquisition of Savvr, a trusted web data company with sophisticated technology that has delivered powerful insights to the world’s largest institutional investors over the past decade. With the acquisition of Savvr, CE expands upon its extensive suite of multinational consumer-focused alternative......
Northern Trust Announces Strategic Investment in EDS, Advancing Whole Office Strategy
Banking Business Digital Fintech News

Northern Trust Announces Strategic Investment in EDS, Advancing Whole Office Strategy

FTS News Desk
New data science capabilities optimize decision-support for institutional investors As part of its continuing strategy to provide integrated services and technology across the investment lifecycle, Northern Trust  has reached an agreement to take an equity stake in Equity Data Science, Inc. (EDS), a cloud-based analytics platform that provides decision support......
Introducing UniMex: A Low-Cap DeFi Project that Solved Decentralized Margin Trading
Business Cryptocurrency Fintech Investment Services News Trading

BlockFi Announces Inaugural Block Trade for Ethereum Futures on CME

FTS News Desk
BlockFi, a financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management products, today announced with CMT Digital that the companies have cleared the first-ever block trade for Ethereum futures on the CME, facilitated by ED&F Man Capital Markets Inc. CMT Digital is a......
Mastercard Invests in $100 Million Female-Focused Startup Fund Astia
Capital Markets Fintech FinTech Funding FinTech Startups Investment Services News

Mastercard Invests in $100 Million Female-Focused Startup Fund Astia

FTS News Desk
Astia, the Silicon Valley headquartered organization dedicated to leveling the investment playing field – and redefining the traditional venture capital landscape – has launched a $100M early-stage venture fund aimed at addressing the extraordinary disparity in funding for companies that include women in founding or executive roles. Led by an......
DriveWealth’s-Acquisition-of-Cuttone-_-Co.-Brings-Pioneering-Technology-for-Global-Retail-Investors-to-the-Floor-of-the-NYSE
Business Fintech News Trading

DriveWealth’s Acquisition of Cuttone & Co. Brings Pioneering Technology for Global Retail Investors to the Floor of the NYSE

FTS News Desk
DriveWealth, a leading global brokerage infrastructure platform, today announced the acquisition of Cuttone & Company, a globally-respected New York-based institutional broker dealer, thus bringing its pioneering technology to the floor of the New York Stock Exchange (NYSE). With this acquisition, retail investors around the world who trade fractional shares of......