Capital Trust Ltd

FINTECH

Finotta | July 20, 2022

Finotta, a provider of embedded fintech for digital banking, has been selected to demo its Personified platform at FinovateFall 2022, taking place September 12-14 in New York. Finotta’s Personified platform is a combination of products that help financial institutions better meet the needs of their customers directly in their mobile banking application. Finotta launched its Personified platform earlier this year in partnership with First United Bank & Trust, a $12.5 bill...

Credit Suisse | April 03, 2020

Credit Suisse (SIX:CSGN) has a message for investors in its triple-leveraged oil ETN: Buy at your own risk. The intraday indicative value of the VelocityShares Daily 3x Inverse Crude exchange-traded notes, or DWTIF, was equal to or less than $0 on Thursday, according to a Credit Suisse statement. As a result, the closing indicative value will be $0, which means current holders and future buyers won’t receive a payout at maturity, if the ETN is called or if they attempt to redeem, it said. ...

Goldman | January 22, 2020

Goldman Sachs sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple, according to the American Banker. The New York banking giant reported on 15 January that it sharply curtailed its originations of personal loans last year amid the roll-out of its credit card partnership with Apple. Goldman Sachs’ personal loans outstanding at the end of 2019 were in the $5 billion range, unchanged from a year earlier. The company starte...

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...