Tag : transaction

Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program
Finance News

Key Sells Indirect Retail Auto Loan Portfolio; Enters Into Accelerated Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
KeyCorp announced that KeyBank has sold its indirect retail auto loan portfolio and that KeyCorp has entered into an accelerated share repurchase (ASR) program. “We are committed to returning capital to our shareholders and our share repurchase program is an important part of that commitment,” said Don Kimble, Chief Financial Officer......
One Inc Partners with Mastercard to Offer Real-Time Insurance Payments
Digital Payments News

One Inc Partners with Mastercard to Offer Real-Time Insurance Payments

Fintech News Desk
by Fintech News Desk0
To ensure that individuals, families, and businesses have near-instant access to insurance funds in the face of emergency, One Inc, a leading digital payments network for the insurance industry, announced plans to disburse claims  through Mastercard virtual cards and Mastercard Send ®. Powered by One Inc’s flagship product, ClaimsPay ®, the partnership builds......
World Insurance Associates Acquires Potomac Ashcraft Insurance and Financial Services
Fintech InsurTech News

World Insurance Associates Acquires Potomac Ashcraft Insurance and Financial Services

Fintech News Desk
by Fintech News Desk0
World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, announced that it acquired Potomac Ashcraft Insurance and Financial Services (Potomac Ashcraft) of Alexandria, VA on August 1, 2021. Terms of the transaction were not disclosed. Founded in 1985, Potomac Ashcraft is a full-service insurance agency and registered investment advisor,......
Sovos
Business Digital News

Sovos Acquires 1099 Pro, Expanding Tax Information Reporting Offerings For SMBs

Fintech News Desk
by Fintech News Desk0
Acquisition comes amid rapid regulatory and technology changes that increase complexity for businesses of all sizes Global tax software provider Sovos announced it has acquired California-based 1099 Pro, a leading provider of software and services for tax information reporting, including solutions for 1099 forms, tax identification number (TIN) matching, electronic filing,......
PayPal To Acquire Paidy
Digital Payments E-commerce Featured News

PayPal To Acquire Paidy for $2.7B to Expand Fintech Presence in Japan

Sudipto Ghosh
by Sudipto Ghosh0
Expands PayPal’s reach in Japan and enhances global portfolio of buy now, pay later solutions PayPal Holdings, Inc. announced that it has agreed to acquire fintech unicorn Paidy. Paidy is a leading two-sided payments platform and provider of buy now, pay later solutions in Japan. The deal is worth ¥300......
Huobi Extends Fiat-to-Crypto Gateways to Support Seamless Transactions for BRL Users
Banking Digital Asset Management News

Huobi Extends Fiat-to-Crypto Gateways to Support Seamless Transactions for BRL Users

Fintech News Desk
by Fintech News Desk0
Huobi Global, one of the world’s leading digital assets exchanges, announced this week the launch of a new fiat-to-crypto gateway for its Brazil Real (BRL) users with an aim to offer local users a flexible and swift way to purchase digital assets with their fiat balances, while also enabling a......
Top Five US Bank Accelerates Hardware Order to Fast-Track Deployment of Intellicheck’s In-Branch Identity Verification Platform
Finance Fintech News

Top Five US Bank Accelerates Hardware Order to Fast-Track Deployment of Intellicheck’s In-Branch Identity Verification Platform

Fintech News Desk
by Fintech News Desk0
Expanded Use Case Verifying IDs and Passports Averts Identity Theft and Fraud A top five U.S. bank has accelerated its purchase of hardware through Intellicheck, Inc. (Nasdaq: IDN) to advance the newest deployment of Intellicheck’s identity verification platform at bank branches nationwide. The third quarter delivery of the previously announced $1.3......
Octopus Network Secures $5 Million Series A Funding Round
Blockchain DeFi News

Octopus Network Secures $5 Million Series A Funding Round

Fintech News Desk
by Fintech News Desk0
 Octopus Network, a third-generation multi-chain cryptonetwork for bootstrapping and running Web3.0 application-specific blockchains, aka appchains, announced the completion of its Series A private sale. Interoperable Web3.0 cryptonetworks like Octopus Network, Polkadot, and Cosmos, and are often referred to as the “internet of blockchains” in the same way that today’s Web2.0......
Oxane Signs Two More Clients For Its Loan Servicing 2.0 Offering
Investments News

Oxane Signs Two More Clients For Its Loan Servicing 2.0 Offering

Fintech News Desk
by Fintech News Desk0
New debt funds are opting for Oxane’s digital-first capabilities to scale with agility  Oxane Partners (“Oxane”), a leading technology-driven solutions provider to private markets, announced it has signed two more clients, AllianceBernstein and Edmond de Rothschild REIM, for its Loan Servicing 2.0 offering. In a strong endorsement of its Loan......
High Security IT Synchronization Network, Baseledger Launches, Powered by $UBT
Cryptocurrency DeFi News

High Security IT Synchronization Network, Baseledger Launches, Powered by $UBT

Fintech News Desk
by Fintech News Desk0
ConsenSys Joins Provide, Unibright to Support Enterprise Expansion The much anticipated Baseledger testnet is live and now available to the public.  ConsenSys Mesh announced that it will join Provide, Unibright and other companies to support and utilize Baseledger in its projects that aim to be compliant with the Baseline Protocol, a new enterprise systems integration standard. The......
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