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SECURITY AND COMPLIANCE
FIS | June 11, 2021
FIS®, a financial technology pioneer, today launched the first in a new series of solutions developed in collaboration with C3 AI to assist capital markets organisations better manage regulatory compliance and risk by leveraging the power of their organisational data. To drastically improve the efficiency of financial crime detection, the AML Compliance Hub combines C3 AI's superior machine learning technology with FIS' extensive financial industry domain understanding...
Abrigo, CU Solutions Group | May 25, 2020
Abrigo announced it has partnered with CU Solutions Group in support of Abrigo's Paycheck Protection Program (PPP) Forgiveness and Administration solution. Abrigo's solution also gives credit unions the ability to calculate the forgiveness amount ba...
Goldman Sachs | January 24, 2020
From June 30, Goldman Sachs Group Inc will only help take a company public if it has at least one diverse board member, as such companies perform better after listing, Chief Executive David Solomon said on CNBC on Thursday. The policy will apply to U.S. and European companies and will increase over time, with the bank requiring two diverse board members starting in June 2021, Solomon said. Solomon did not define what the company meant by "diverse" candidates, but said the focus was on ...
FINTECH
Visa, Currencycloud | July 23, 2021
Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...
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