Reliant Funding

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...

PAYMENTS

AXES.ai | April 23, 2022

AXES.ai ("AXES" or the "Company") is pleased to announce that it has formed a strategic alliance with Cyprus-based Fintech Blueberry Payment Solutions to offer the AXES European client base an integrated Open Loop cashless eWallet. The Blueberry Payment Solutions eVoucher, eWallet, Card, and IBAN Cloud Account is already integrated with the AXES Butler Closed Loop eWallet, Loyalty, Rewards and Engagement APP, for Merchants and Clients. AXE...

Wall Street | January 17, 2020

U.S. stock indexes nudged higher to fresh record levels on Friday after strong housing data and indications of resilience in the Chinese economy raised hopes of a rebound in global growth. Investor sentiment has brightened this week after the world’s top two economies took the first step in calling a truce to their 18-month tariff dispute by sealing a Phase 1 trade deal. Wall Street’s three main indexes were on track to end the week with gains of over 1.5%. Demand for risky assets im...

CORE BANKING

BlockSpaces | June 24, 2022

On June 23rd, Cogent Bank, a full-service commercial and retail bank, and BlockSpaces, a B2B integration platform that links business applications to blockchain networks, announced their banking partnership. The news was made at the annual conference of the Florida Bankers Association (FBA), which has been operating since 1888 and is one of Florida's oldest trade organizations. Cogent Bank's awareness of the blockchain business, which includes a thorough grasp of the dange...