Global financial technology leader FIS® (NYSE: FIS) has announced an exciting new partnership with Fulham Football Club, introducing the state-of-the-art Markers, presented by FIS, a cutting-edge innovation space and technology hub at the newly developed Fulham Pier. Fulham Pier, part…
With a year-end deadline approaching for the Beneficial Ownership Information (BOI) reporting rule under the Corporate Transparency Act (CTA), many startup businesses are seeking clearer guidance on eligibility and compliance requirements. “While some companies may qualify for exemptions, these are…
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (ICR) of “a+” (Excellent) for MAPFRE Panamá S.A. (MAPFRE Panamá), based in Panama City, Panama. The outlook for both ratings remains stable.…
A fintech innovator with offices in Miami, Toronto, Denver, and London, has unveiled its new Global Workers Payout Program, PayNow. This initiative aims to provide innovative payment solutions, including certified Earned Wage Access (EWA) through its QRails AnyDay™ product and…
The Milken Institute and Motsepe Foundation have announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team awarded $100,000 in funding. The prize supports innovative solutions aimed at expanding financial inclusion in…
Financial advisors are managing a delicate balance between short-term economic risks and long-term demographic shifts as they strive to grow their assets and client base, according to the Natixis Investment Managers (IM) 2024 Survey of Financial Professionals. “Our portfolio consulting…
With the launch of the STKD Bitcoin & Gold ETF (BTGD) today, investors can now access two scarce assets—bitcoin and gold—through a single investment vehicle. This ETF offers potential protection against inflation and currency debasement by combining the strengths of…
Quantalytix, a provider of cloud-based Enterprise Bank Management (EBM) software and an Enterprise Data Management (EDM) platform for financial institutions, announced that Will Bryant, its Chief Operating Officer (COO) and Co-founder, has been elected to the Board of Directors for…
Kestra Holdings announced that funds managed by Stone Point Capital LLC, a leading private equity firm specializing in global financial services, have agreed to acquire a majority interest in Kestra Holdings’ parent partnership. Stone Point will replace Warburg Pincus LLC,…
General Motors Co. (NYSE: GM) and Barclays US Consumer Bank have entered into a long-term agreement for Barclays to become the exclusive issuer of the GM Rewards Mastercard and GM Business Mastercard in the United States starting next summer. “Barclays…
To strengthen the pipeline of diverse real estate developers in Illinois and Wisconsin, the Federal Home Loan Bank of Chicago (FHLBank Chicago) has awarded over $3 million through its 2024 Community First® Diverse Developer Initiative. This funding will support 62…
KBRA has published new research on the issuance trends within the European securitisation market. Despite expectations of a summer slowdown, Q3 2024 maintained the strong momentum set in the first half of the year, making this the strongest post-global financial…
