State Bank and Trust Company

Investment Management

Jefferies | July 19, 2021

Jefferies Financial Group, Inc., the parent company of Jefferies Group LLC (“Jefferies Group”) (collectively referred to as “Jefferies”), and Sumitomo Mitsui Financial Group, Inc., Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities Inc. (collectively referred to as “SMBC Group”) announced today a Strategic Alliance to collaborate on future corpora. Jefferies and SMBC Group will collaborate on highly accretive growth areas in corporat...

Trading Systems

Nordic Capital, Itiviti | April 05, 2021

Nordic Capital has agreed to sell Itiviti, a leading provider of trading technology and services to financial institutions around the world, to Broadridge Financial Solutions, an international Fintech giant, for EUR 2.143 billion. After taking Itiviti private in 2012, Nordic Capital has made significant technology investments and fully transformed the company to become one of the world's largest suppliers of trading technology to the global capital markets industry. Nordic Cap...

Investment Management

First Dollar and DriveWealth | September 14, 2022

First Dollar, a technology company that builds healthcare benefits infrastructure, today announced a new partnership with DriveWealth, a global fintech investment rail and pioneer in fractional investing, to power a Health Savings Account (HSA) investing experience inside of their API-driven Health Wallet Platform. Benefit providers like health plans, financial institutions, & TPAs partner with First Dollar to power modern benefits that can be white labeled and embedded inside of their exist...

Fintech, Digital Banking

Businesswire | May 03, 2023

InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, today announced enhancements to its Online Bank Direct solution, including the ability to deposit by invoice type, receive single, consolidated deposits, and receive funding for matched payments only, so customers will no longer receive funds that are not matched to an invoice. “Being a cloud native solution means that organizations using InvoiceCloud get the latest software updates and fe...