Crescent European Specialty Lending Finances Mayfair Equity Partners’ Acquisition of VG
Crescent Capital Group LP, a prominent alternative credit investment firm, has announced that its European Specialty Lending strategy has provided financing to facilitate Mayfair Equity Partners’ acquisition of VG. VG is a leading independent provider specializing in private wealth, corporate,…
DeepGreenX Secures Landmark $140 Billion Project Commitment and Leasing Fund
DeepGreenX Secures Strategic Investment from ADIB to Drive $140 Billion in Global Green Energy Projects DeepGreenX Group Inc. (“DeepGreenX”), an AI-enabled green energy technology firm, has announced a landmark partnership with Asia Development & Investment Bank Holdings Ltd. (“ADIB”). Under…
BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers
BlackRock’s closed-end funds (the “Funds”) listed below have announced the expiration and preliminary results of their recent tender offers (each referred to as a “Tender Offer”), which targeted up to 2.5% of their outstanding common shares (“Shares”). The Tender Offers…
Mastercard Revolutionizes Checkout with Password-Free and Number-Free Payments
Mastercard has unveiled its vision for transforming the future of online shopping by 2030, aiming to eliminate physical card numbers, static passwords, and one-time authentication codes from the purchasing process. In this future, secure, on-device biometrics will ensure seamless and…
Visa’s Flexible Credential Expands Globally, Driving Digital Transformation in Card Payments
Visa has introduced its Flexible Credential, a groundbreaking payment solution that enables users to choose from multiple funding sources on a single card. This innovation, which debuted in the U.S., is now being rolled out in partnership with Affirm and…
Bank of Shanghai Selects Linedata’s Global Hedge for Enhanced Reporting
Linedata (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, has successfully implemented its Linedata Global Hedge solution for the Bank of Shanghai (BOSCI). The solution was chosen to enhance efficiency, deliver greater value,…
Northern Trust Chosen as Custody Services Provider for Fiji National Provident Fund
Northern Trust Selected as Custody Services Provider for Fiji National Provident Fund Northern Trust (Nasdaq: NTRS) has been chosen to provide custody services for the Fiji National Provident Fund (FNPF), the sole compulsory superannuation fund in Fiji. As the country’s…
Payfinia Partners with Star One Credit Union to Launch New CUSO
Payfinia Launches New CUSO to Enhance Payments Modernization for Credit Unions Payfinia, Inc. has announced the launch of the Payfinia Credit Union Service Organization (CUSO), aimed at advancing payment modernization and enhancing fraud prevention capabilities through its open payments platform.…
Citi and Bank of Shanghai Launch Innovative Payments Solution for International Travelers in China
Citi and Bank of Shanghai have launched a pioneering payment solution through the Bank of Shanghai’s TourCard, aimed at enhancing the payment experience for international travelers in China. This new solution provides a cost-effective and streamlined method for travelers to…
KUBRA Unveils Next-Gen POS Solution for Improved In-Person Payments
KUBRA, a leading provider of customer experience management solutions for major utilities, insurance companies, and government organizations, is excited to unveil the next generation of point-of-sale (POS) solutions in partnership with Ingenico. This collaboration introduces secure, seamless in-person payment options…
Viamericas Expands Money Transfer Services with Real-Time Domestic Cash-to-Account Feature
Viamericas, a prominent licensed money transmitter recognized for its global money transfer, bill payment, check processing, and top-up services, has announced the launch of a groundbreaking cash-to-account transfer service within the United States. This new offering is set to transform…
Kennedy Wilson Secures $175M Construction Loan for Artwalk Towers in Jersey City
Kennedy Wilson Secures $175M Loan for Artwalk Towers in Jersey City Kennedy Wilson, a global real estate investment leader and prominent multifamily and student housing lender, has closed a $175 million senior construction loan for the development of Artwalk Towers,…