Capital Plus Investment Institute

Goldman | July 07, 2020

Goldman Sachs sees Wall Street banks suffering from a surge in bad loan provisions and has outlined a grim estimate for a 69% drop in second-quarter earnings. Analysts at the bank wrote in a 7 July note to clients that they see $32bn in set-asides for bad loans for the largest seven American banks this quarter, an increase from about $26bn in the first three months of the year. A trading bonanza, fuelled by virus-driven volatility, has not been enough to outweigh an economic slump, the dr...

Cision PR Newswire | August 28, 2020

Spire Capital, a leading New York-based private equity firm specializing in investments in the technology-enabled business services, communications, media, and education sectors, today announced its investment in Advocate Networks, LLC ("Advocate" or the "Company"). Advocate is the Premier TBM Services Company providing technology business management ("TBM") and technology expense management ("TEM") services to enterprise organizations needing to optimize ...

PAYMENTS

Synovus | June 02, 2021

Synovus today unveiled Synovus Accelerate AR, an all-new, fully integrated receivables package that enables enterprises to accelerate working capital access and eliminate exceptions through straight-through processing throughout all payment channels. Deluxe, a Trusted Payments and Business TechnologyTM firm and the leading provider in retail and wholesale lockbox services, provides Synovus Accelerate AR. "The proliferation of payment channels, and the constant change i...

PAYMENTS

Huntington | May 16, 2022

Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN) announced today it has acquired Digital Payments Torana, Inc. (Torana), a business-to-consumer payments fintech based in San Francisco. Torana's digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington's digital capabilities and advance Huntington's enterprise payments strategy. Torana's payment solution is a software as a servic...