Lighter Capital

Nasdaq | February 19, 2020

The S&P 500 and the Nasdaq hit fresh highs on Wednesday on signs of slowing coronavirus infections and expectations that China would take more measures to bolster its virus-hit economy. The number of new coronavirus cases dropped for the second straight day in China although global health officials cautioned it was too early to predict how the epidemic will play out and many viewed the official data with skepticism. China is widely expected to cut its benchmark lending rate on Thursday as it...

FINTECH

Computer Services, FedFis, IBAT | July 28, 2022

Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of end-to-end fintech and regtech solutions, has partnered with Bankers Helping Bankers to further the organization’s mission of empowering community banks. Established by FedFis and the Independent Bankers Association of Texas (IBAT) in late 2021, Bankers Helping Bankers connects bankers nationwide so that they can identify solutions that drive earnings and diversify sources of income. Its mission is to elevate...

Facebook, Reliance | April 23, 2020

Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country. The deal announced on Wednesday is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 and will give the Menlo Park, California-based firm a stake in Jio Platforms - the digital services entity that house...

FINANCIAL MANAGEMENT

MoneyGram International and e& international | September 21, 2022

MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, and e& international from e& (formerly known as Etisalat Group), one of the world's leading technology and investment conglomerates, today announced an expansion to their strategic partnership. The expansion enables e& international's large and fast-growing customer base of nearly 160 million to use the e& money mobile wallet to send money around the world in near real-time. Through M...