Ant International Uses AI to Streamline Cross-Border Transactions for 100M SMEs
AI-Powered FX Model and Anti-Deepfake Technology Bolster Cross-Border Transactions for Ant International Ant International, a Singapore-based global leader in digital payments and financial technology, has intensified its use of Artificial Intelligence (AI) to enhance and secure millions of daily cross-border…
Blackstone Real Estate to Privatize Retail Opportunity Investments in a $4 Billion Deal
Blackstone and Retail Opportunity Investments Corp. (Nasdaq: ROIC) have announced a definitive agreement for Blackstone Real Estate Partners X to acquire all outstanding common shares of ROIC at $17.50 per share. This all-cash transaction is valued at around $4 billion,…
More Than Half of ALTS Investors Turn to AI for Predicting Market Trends and Forecasting Investments
Global Dynamo Software Survey Reveals AI Sentiment and Adoption Trends Among General and Limited Partners in Alternative Investments Dynamo Software has released new global survey data shedding light on the alternative investment (ALTS) community’s engagement with artificial intelligence (AI). With…
PayPay and Alipay+ Expand E-Wallet Payments to 3M+ Merchants in Japan
At the Singapore FinTech Festival 2024, Japan’s leading QR payment provider, PayPay, has announced an expanded collaboration with Alipay+, a cross-border mobile payment and digitalization solution by Ant International. This partnership extends PayPay’s merchant network across Japan, now connecting over…
TheFork and Mastercard Partner to Elevate Dining Experiences for Cardholders
New Dining Program and Benefits Set to Launch in H2 2025 in Select European Countries TheFork and Mastercard are joining forces through a multi-year partnership aimed at enhancing the dining experience for Mastercard cardholders. By combining Mastercard’s global network with…
Mastercard Joins Buna, Advancing the Arab Regional Payment System
Mastercard and Buna have partnered to enhance cross-border payments in the Middle East and North Africa (MENA) region. This collaboration integrates Mastercard Move’s vast network and efficient money transfer capabilities with Buna’s cross-border payment platform, offering faster, more transparent, and…
Mastercard Unveils ‘Pay Local’ to Empower Digital Wallets with Enhanced Payment Solutions
Mastercard Launches ‘Pay Local’ to Expand Digital Wallet Payment Options for Consumers Worldwide With Mastercard’s new Pay Local service, over 2 billion Mastercard cardholders can now use their cards within local digital wallets, making card-based payments simpler and more accessible…
CIBC Innovation Banking Announces Leadership Appointments
CIBC Innovation Banking has appointed Paul McKinlay and Patrick Martin as Executive Managing Directors and Co-Heads, effective November 1, 2024, as Mark Usher retires from his position as President and Executive Managing Director. CIBC Innovation Banking has become an established lender…
BitGo Appoints Former Silvergate President Ben Reynolds to Lead USD Standard Stablecoin
BitGo today announced the appointment of Ben Reynolds as Managing Director and Head of USD Standard. In this role, Ben will oversee the growth of BitGo’s USD Standard stablecoin and lead efforts to drive global adoption. Ben is a seasoned finance…
Interview with Laser Photonics CFO Carlos Sardinas on the Recent Control Micro Systems Acquisition
Interview With Laser Photonics Principal Financial Officer, Carlos Sardinas, Discussing Recently Announced Control Micro Systems Transaction Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, today shared an interview…
Essent Group Ltd. Announces Third Quarter 2024 Results and Declares Quarterly Dividend
Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended September 30, 2024 of $176.2 million or $1.65 per diluted share, compared to $178.0 million or $1.66 per diluted share for the quarter ended September 30, 2023.…
inTEST Achieves 46.3% Gross Margin for Third Quarter 2024
inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor (“semi”), today announced financial results for…