Premier Federal Credit Union

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. ...

Casper | January 27, 2020

Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, expects its initial public offering valuation to be well below the roughly $1 billion it commanded in the last funding round. In a regulatory filing on Monday, the company said it expects the offering of 9.6 million shares to be priced between $17 and $19 per share. At the top end of the range, the IPO will raise $182.4 million and give the firm a valuation of $768 million. Casper w...

FINTECH

OneConnect | January 10, 2022

OneConnent Financial Technology and Chengfang Financial Technology Co. Ltd. announced that they are entering into a new strategic partnership. They’ll be working together to address common pain points in the financial industry by bringing about technological innovations and enhanced data processing with proper governance. OneConnect Financial Technology Co. Ltd. is a leading technology-as-a-service platform for financial institutions and is known to execute outstanding finan...

PAYMENTS

InvoiceCloud | June 29, 2021

InvoiceCloud, an EngageSmart solution for online bill payment services, confirmed recently IVR enhancements, providing billers and their clients with far more omnichannel choices for contactless bill payments and account management. The IVR system enables payers to pay their tax, insurance, utility, or other bills over the phone in a rapid and easy manner. Customers may make payments when and where they choose with the improved solution, store credit and debit card payment informa...