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Ally, CardWorks | February 19, 2020
Ally Financial has struck a $2.65 billion deal to buy CardWorks, enabling it to enter the credit card and merchant acquiring sectors. Ally will pay $1.35 billion in cash and $1.3 billion in stock for CardWorks, a non-prime credit card and consumer finance lender with $4.7 billion in assets and $2.9 billion in deposits. Ally began life as an auto financing outfit before diversifying to offer online banking, mortgage lending and investment-advisory services. The CardWorks acquisition helps to expa...
Financial Management, Fintech
PRnewswire | June 01, 2023
Industry Tech Insights, a unique digital platform featuring industry leaders across various areas of expertise, has recognized Goal Solutions as one among the "Top 10 Companies Revolutionizing FinTech in 2023″ for transforming the industry with their unique solutions. Industry Tech Insights has become a pioneering magazine owing to their unique coverage of news, articles and industry leaders concentrating on transforming various arenas. Matt Myers, President and CEO o...
Payments
Klarna | February 23, 2022
Klarna, a leading global payment, retail bank, and shopping service provider, announces its plans for the international expansion of its two fastest-growing products across nine key markets. The program enables consumers to conduct immediate payments through Pay Now’s new payment method. Klarna ensuresto become go-to for any purchase services provider and offersrewards for consumers during every payment. The expansion of these products also enables the company to serve a broad range of fas...
Financial Management, Security and Compliance
PR Newswire | August 03, 2023
Numerix, a global leader in capital markets risk management technology, is pleased to announce the acquisition of PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions. PolyPaths brings a wealth of expertise in structured finance and fixed income products, complementing Numerix's existing capabilities and further extending its analytics asset class coverage, confirming Numerix's position as a leading provider of pricing and ...
Investment Management
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