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Hightower Advisors | August 25, 2020
Hightower today announced it has made a strategic investment in Stearns Financial Group, a $1.3 billion wealth management firm based in North Carolina with clients nationwide. Established in 1991, Stearns Financial Group (SFG) will leverage Hightower’s operational infrastructure, business owner planning, marketing support, family office and investment management resources to enhance service to new and existing clients. SFG is Hightower’s 6th transaction in 2020. Including this transa...
Citi | February 18, 2020
Citi has become the latest banking giant to take a stake in Contour, the blockchain-based trade finance platform which made its commercial launch last month. Set up by eight banks, including ING, BNP Paribas and HSBC in 2018, Contour has seen its ranks swell over the last two years, with Citi Ventures the latest to invest in the network. Formally known as Voltron, Contour uses R3’s Corda blockchain platform for a global network designed to digitise and modernise the $18 trillion trade fina...
Nymbus | March 31, 2020
Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to small businesses as part of its coronavirus relief package. As part of the $2 trillion Coronavirus Aid, Relief and Economic Recovery (CARES) Act, US president Donald Trump has set aside $349 billion for Small Business Administration (SBA) ‘Paycheck Protection’ loans. These are designed to...
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AffiniPay | January 24, 2024
AffiniPay, the leader in online payments and software solutions for professionals, announced the launch of generative AI embedded in its leading legal technology products, MyCase, CASEpeer, LawPay, and Docketwise. “At AffiniPay, we believe generative AI can drive the type of efficiencies and insights that will result in better outcomes for our customers and their clients,” said Dru Armstrong, Chief Executive Officer of AffiniPay, parent company of MyCase, CASEpeer, L...
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