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…
Finov8r, a leader in embedded advisory services for banks, fintechs, and corporates, has teamed up with Crux, an analytics platform transforming the banker-small business relationship. This partnership is designed to help community and regional banks tackle business development and portfolio…
Mastercard has strengthened its position as a key player in Africa’s burgeoning gaming industry by hosting its first-ever Africa Esports Summit in Casablanca. This landmark event marks a crucial step in Mastercard’s mission to empower Africa’s esports and gaming ecosystem,…
Greenlite, a leading generative AI platform for banks and fintechs, has announced a strategic partnership with Sandbar, an advanced activity monitoring platform focused on anti-money laundering (AML). This collaboration will provide banks and fintechs with a suite of complementary technologies…
Evercore (NYSE: EVR) announced the appointment of Eric Neveux and Graham Nix as Senior Managing Directors within its Financial Institutions Group. Based in Chicago and New York, respectively, their hiring reflects Evercore’s continued investment in expanding its financial institutions advisory…
Travelex, a leading brand in foreign exchange services, has announced a significant upgrade to its global ATM network, overhauling both hardware and software for its 600 ATMs across eight countries. This initiative introduces a suite of innovative features for Travelex…
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG Corebridge Financial, Inc. (NYSE: CRBG) has announced the pricing of its previously disclosed secondary offering of common stock by American International Group, Inc. (NYSE: AIG). The offering is…
CVC Credit Prices $500M Apidos L (50), Marking Tenth New CLO Issuance of the Year CVC Credit, the $45 billion global credit management arm of CVC, has announced the successful pricing of Apidos L (50), a new $500 million (€460…
In observance of Veterans Day, The Sallie Mae Fund has announced a $50,000 grant to Folds of Honor, further cementing its long-standing commitment to supporting military servicemembers and their families. This significant donation will provide vital scholarships for the children…
Morgan Stanley Investment Management (MSIM) today introduced its newest exchange-traded fund (ETF), the Parametric Equity Plus ETF (Ticker: PEPS), which focuses on a US large-cap equity strategy. Since the launch of MSIM’s inaugural ETFs in 2023, the platform has expanded…
UBS has announced the addition of Anibal Drelichman as a Financial Advisor in its Washington, D.C. office. With a wealth of experience in the financial services industry, Anibal and his team will operate within the UBS Philadelphia D.C. Wealth Management…
Amerant Bancorp Inc. Completes Sale of Houston Banking Operations to MidFirst Bank, Refocusing on Core Florida Markets Amerant Bancorp Inc. (NYSE: AMTB), a prominent financial institution, has finalized a strategic decision to streamline its operations by selling its banking assets…
