GIB Capital

CORE BANKING

Lumin Digital | June 16, 2022

Cloud-based digital banking platform, Lumin Digital announced that North Jersey Federal Credit Union (NJFCU) has onboarded Lumin Digital to deliver digital and mobile banking solutions. Lumin Digital, will help support NJFCU’s 24,000 members and over $262 million in assets. North Jersey Federal Credit Union was built by and for its members, which is why we are unwaveringly committed to finding the best and most innovative digital tools and technologies ...

TRADING SYSTEMS

White Oak Global Advisors | September 21, 2021

White Oak Global Advisors has completed the acquisition of Finacity Corporation a global leader in working capital and trade finance funding solutions to global businesses. Finacity originates, structures and places over USD$100 billion in trade finance receivables yearly with over 50 leading financial institutions in asset-backed security structures. Finacity has facilitated transactions for receivables denominated in 58 currencies with obligors in more than 175 countries making ...

JPMorgan | February 24, 2020

US banking giant JPMorgan is to launch a UK digital bank later this year in an attempt to acquire a share of an increasingly crowded market. The bank will adopt the Chase branding and offer a number of savings and lending products, according to Sky News. JPMorgan will be following the lead of rival Goldman Sachs, which launched its Marcus brand in the UK in 2018 and now boasts over 300,000 customers. Rumours of JPMorgan's intentions have been circulating for some time. In June 2019, the US b...

SoftBank | February 28, 2020

Elliott Management Corp is pressing SoftBank Group Corp (9434.T) for details of nearly-$10 billion of investment securities on its balance sheet, as part of its campaign to improve the value of the Japanese conglomerate in which it holds a stake, sources said. The $40 billion hedge fund, one of the most powerful activist investors, has a $3 billion stake in the company and is trying to push for changes after SoftBank’s bet on start-ups such as space-sharing firm WeWork soured. SoftBank&rsq...