Aldar to Receive $500M Hybrid Capital Solution from Apollo
Aldar to Receive $500M Hybrid Capital Solution from Apollo Apollo (NYSE: APO) has announced a major investment deal where Apollo-managed affiliates, funds, and clients will invest USD $500 million in subordinated notes issued by Aldar Properties PJSC (“Aldar”). This transaction…
Michael Moran Appointed as Bank President by USAA Bank Board
Michael Moran Appointed as Bank President by USAA Bank Board USAA Bank’s Board of Directors has appointed Michael Moran as the new President, effective January 30. Moran, who had been serving as the interim president, brings over two decades of…
Reports: Gantry Achieves $3.1B in New Commercial Mortgage Production for 2024
Reports: Gantry Achieves $3.1B in New Commercial Mortgage Production for 2024 Gantry, the largest independent commercial mortgage banking firm in the U.S., reports a total of $3.1 billion in commercial mortgage production for 2024, a figure that closely aligns with…
Fraud Prevention Takes Center Stage as FlexPath DXP Unveils VeriQual™ at AIMExpo 2025
Fraud Prevention Takes Center Stage as FlexPath DXP Unveils VeriQual™ at AIMExpo 2025 FlexPath DXP, a leader in fintech innovation, will be showcasing its groundbreaking VeriQual™ web app at AIMExpo 2025, North America’s top powersports trade event. Attendees at Booth…
Cedar Money Secures $9.9M Seed Round Led by QED Investors for Cross-Border Stablecoin Payments
Cedar Money Secures $9.9M Seed Round Led by QED Investors for Cross-Border Stablecoin Payments Cedar Money, a company focused on facilitating seamless cross-border payments using stablecoins, has raised $9.9 million in a seed funding round. Led by QED Investors, the…
NMI Supports Network Tokenization to Cut Costs and Boost Security for ISOs and Merchants
NMI Supports Network Tokenization to Cut Costs and Boost Security for ISOs and Merchants NMI®, a leading global provider of embedded payments infrastructure, has announced the launch of its Customer Token Vault, an extension to the NMI Gateway. This new…
Cards Platform Extend Marks Milestone with Innovations in Spend Management
Cards Platform Extend Marks Milestone with Innovations in Spend Management Extend, a leading platform in virtual cards and spend management, reflects on a year of significant growth and innovation. In 2024, the company rolled out new features that empowered over…
Payments Survey: 69% of Canadians Want Scam Protection in Real-Time Transactions
Payments Survey: 69% of Canadians Want Scam Protection in Real-Time Transactions A recent survey conducted by global analytics software leader FICO reveals a significant shift in consumer behavior, particularly with regard to real-time payments (RTP) in Canada. The study highlights…
Partners Haven Capital Invests in TMC to Boost Microsoft Cloud Innovation
Partners Haven Capital Invests in TMC to Boost Microsoft Cloud Innovation Technology Management Concepts (TMC), a leading Microsoft partner specializing in the full Microsoft technology stack—including Dynamics 365, Office 365, Azure, and the Power Platform—has announced a significant growth investment…
Results of Deutsche Bank’s 2024 Performance: A Message from Christian Sewing
Results of Deutsche Bank’s 2024 Performance: A Message from Christian Sewing Dear Colleagues, Five and a half years ago, we set out to create a bank that is robust, resilient, and sustainably profitable—one with a clear strategy that delivers exceptional…
Bank Mandiri Records IDR 2 Trillion in Remittance Transactions for 2024
Bank Mandiri Records IDR 2 Trillion in Remittance Transactions for 2024 Bank Mandiri continues to solidify its position as a key financial partner for Indonesian Migrant Workers (PMI) by offering innovative remittance services. By the end of 2024, the bank…
Xetra ETF & ETP Stats 2024: Growth in AUM and Product Diversity
Xetra ETF & ETP Stats 2024: Growth in AUM and Product Diversity Deutsche Börse’s Exchange Traded Funds (ETFs) and Exchange Traded Products (ETPs) segment saw significant growth in 2024, with assets under management (AUM) reaching a record €1.83 trillion, marking…