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Wall Street | April 09, 2020
A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22% to 175% using U.S. government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners LLC, which has about $1 billion under management, said it had put its plans on hold. The idea was in “formative stages” and the firm was not &ldq...
Zurich, Greater Than AB | June 03, 2020
Greater Than AB, the leading AI-based Insurtech provider, today announced its extended collaboration with Zurich Insurance leveraging the Enerfy platform to offer a fleet usage-based insurance for one of their new mobility customers within the United Kingdom. The common goal is to enable dynamic pricing and leverage the risk insight to improve road safety and reduce the environmental impact through the fleet of fuel, hybrids, and electric cars. The dynamic insurance offering, main...
Financial Management, Fintech
PRnewswire | July 26, 2023
Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier™ Reconciliation and Accurate™ Reconciliation from Fiserv (NYSE: FI), a leading global provider of fintech and payments solutions. Serving customers across multiple verticals including financial services, telecommunications, retail, insurance and utilities, the acquired reconciliation business will act as a springboard for innovation...
Perpetual | July 27, 2020
Perpetual (PPT) has requested an immediate trading halt pending an upcoming capital raise. The investment group intends to raise up to $265 million through a placement and share purchase plan and will use the funds for the acquisition of Barrow Hanley. The company will remain in the halt until the earlier of July 28 or when the announcement is made....
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