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Investing.com | April 08, 2020
U.S. stocks are set to open mostly higher Wednesday, with markets still searching for direction after Tuesday’s volatile session as investors struggle to gauge the spread of coronavirus across the country. At 7:15 AM ET (1115 GMT), futures for the S&P 500 traded 21 points, or 0.8%, higher, futures for the Nasdaq up 82 points, or 1.0%. The Dow futures contract rose 191 points, or 0.8%. A wave of late selling hit stocks Tuesday as an early rally ran out of steam. The Dow fell 0.1%, or 26...
Core Banking, Digital Banking
Businesswire | June 09, 2023
Qorbis, a leading innovator in end-to-end embedded finance and FinTech personalization, today announces its partnership with top Banking-as-a-Service (BaaS) provider, Mbanq, to create a unique financial control and brand enhancement platform for clients. Already live at the alpha-testing stage, the solution is unique in its flexibility for brands: Each brand can have an unlimited number of cards and accounts, suitable for employees, fans or customers....
Payments
SwiftPass, Wallyt, Findora | December 29, 2020
Findora reported today that the organization will coordinate their solutions with SwiftPass, a main mobile payments service provider in Asia, and Wallyt, a Hong Kong based Fintech that gives global mobile payments and open banking solutions. Findora is a blockchain network that use zero-knowledge proof technology to guarantee security for financial transactions while staying auditable. Findora upholds classified exchange processing, verification and asset issuance for any cryptocurrency or finan...
Investment Management, Investments
Permira and Reorg | August 02, 2022
Permira, the global private equity firm, today announced that funds advised by Permira have agreed to make a strategic investment in Reorg (“Reorg” or the “Company”), a leading global provider of data, analytics and intelligence for the credit markets. As part of the transaction, Warburg Pincus will sell its majority shareholding in Reorg to Permira, and the Reorg team will retain a significant ownership interest. Financial terms of the transaction were not disclosed. Read More
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