Tokio Marine Kiln

HSBC Bank | July 02, 2020

HSBC Bank USA, N.A. ("HSBC USA"), part of HSBC Group, one of the world’s largest banking and financial services companies, today announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s smallest businesses, landlords and critical non-profits. The NYFLF will provide affordable and flexible capital to participating Community Development Financial Institutions (CDFIs)...

Business Wire | October 13, 2020

Spendesk, the leading spend management platform for SMBs, today announced it has raised $18 million in addition to its Series B round last year ($38 million). The new investment comes from global VC fund Eight Roads Ventures and brings the total raised to $68.5 million. This funding will support the strong growth Spendesk has realised despite the current pandemic, which has accelerated digitisation of finance departments and increased the demand for spend management solutions. The trend towards ...

BITCOIN AND CRYPTO

Digital Currency Monetary Authority | June 27, 2022

A framework for expanded usage of cryptocurrencies and digital assets in banking and financial services has been introduced by the Digital Currency Monetary Authority (DCMA). Since 2013, the executive team of the DCMA has collaborated with governments and central banks on blockchain technology and cryptography related to digital currency. The European Commission, the United Nations, and the World Economic Forum have all highlighted their efforts. Meeting with the Pe...

T Bank | May 13, 2020

T Bank announced that it has received approval from the U.S. Small Business Administration (SBA) to fund over $100 million in loans through the SBA's Paycheck Protection Program (PPP). T Bank has helped more than 1,000 borrowers secure PPP loan approval...