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Tesla | February 13, 2020
Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker’s often-stated policy of avoiding sales of new stock. Tesla said it would offer 2.65 million shares, of which Chief Executive Officer Elon Musk will buy up to $10 million in shares, while board member and Oracle co-founder Larry Ellison will purchase up to $1 million worth of Tesla shares. Tesla&rsq...
Wells Fargo | March 04, 2020
Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can be charged to customers. One account will limit overdraft fees to once per month and will come with checks, while the other type of account will have no overdraft fees and will not come with checks, Bloomberg reported. The account with limited overdraft fees will come at the cost of $10 a month, while the option withou...
SFS | March 31, 2022
SFS (Scientific Financial Systems, Inc.) announced that it had been accepted into the FinTech Sandbox. The FinTech Sandbox provides market data and infrastructure technologies to FinTech startups from partners such as Factset, Refinitiv, and S&P. In exchange, the startups collaborate with other startup companies to share innovations and technologies for collaborating on projects.
We are ecstatic to be part of the FinTech Sandbox. The breadth and depth of ...
Finastra, Wipro | June 03, 2021
Wipro Limited, a leading global information technology, consultancy services, and business process services company, and Finastra, the largest pure-play software vendor representing the entire financial services industry, confirmed today a partnership to assist corporate banks across Asia-Pacific in accelerating their digital transformation. The firms will collaborate to produce a one-of-a-kind offering that blends Wipro's extensive service portfolio with Finastra's front-to-back trade f...
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