AM Best Reaffirms Superior Credit Ratings for Houston Casualty Group and Affiliates AM Best has reaffirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa+” (Superior) for the property/casualty (P/C) members…
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…
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 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 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…
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…
KBRA Europe (KBRA) has issued preliminary ratings for Lugo Funding DAC (Lugo), a static Spanish RMBS securitization backed by restructured and primarily reperforming mortgage loans (RPL), represented through mortgage participations and mortgage transfer certificates. The provisional collateral comprises a €664.6…
NEOS Investments, a leading asset management firm in the options-based ETF space, has announced the October 2024 monthly distribution amounts for its suite of ETFs, designed to deliver monthly income and tax efficiency across core portfolio exposures. October 2024 ETF…
Nacha is excited to announce LexisNexis® Risk Solutions as its exclusive Preferred Partner in the category of Official Registrar of Routing Numbers. With its robust and up-to-date routing data, LexisNexis® Risk Solutions joins a select group of organizations collaborating with…
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…
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…
CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) has announced the preliminary results of its substantial issuer bid (the “Offer”), which concluded at 5:00 p.m. (Toronto Time) on October 3, 2024. According to the preliminary count by Computershare…
