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ING | March 13, 2020
ING has contributed EUR4.5 million to a $42 million funding round in natural language processing vendor Eigen Technologies. The investment, made through the bank’s venture capital arm ING Ventures, is part of Eigen’s Series B round announced in November 2019, which also included financing from Goldman Sachs. Eigen’s NLP technology is already used by ING in areas such as Libor transition and loan operations. The Dutch bank says it intends to further the use of the technology to ...
Payments, Fintech
SUNRATE | January 17, 2023
SUNRATE, a leading global fintech firm, announced today that it has successfully integrated Mastercard Cross-Border Services into its intelligent global payment and treasury management platform thereby, enhancing its customers' worldwide cross-border payment capabilities. Mastercard Cross-Border Services integration is the latest expansion of the two firms' ongoing global partnership. In 2020, SUNRATE secured the Mastercard principal membership, providing the company wit...
Financial Management, Investment Management
Graham Capital Partners and CAIS | February 27, 2023
Graham Capital Management, L.P., a global alternative investment firm with $17.9 billion in assets under management that specializes in quantitative and discretionary macro strategies, recently informed that it is partnering with CAIS to add select alternative investment funds to the CAIS Marketplace. Macro strategies have performed well over the past year, with assets under management in this asset class reaching $890 billion in 2022. Mercer's third-party due diligence on C...
Investing.com | April 24, 2020
Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic. In a blog posting on the Bank's website, officials said the preliminary baseline scenario forecast a "grim" 2% drop in economic output in developing countries, the first contraction in these economies since 1960 and a sharp swing from average growth of 4.6% over the las...
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Core Banking, Financial Management
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