Washington Capital Group

FINANCIAL MANAGEMENT, FINTECH

LSQ | January 11, 2023

On January 10, 2023, LSQ and Calculum informed they would work together to combine LSQ’s working capital and supply chain finance solutions with Calculum's data analytics and technical know-how. The strategic partnership between LSQ and Calculum streamlines as well as combines spend and supplier analytics to find ways to improve payment terms, offer financing solutions, and reduce the risk for both domestic and international trade. As a part of this project,...

Wall Street | January 23, 2020

Stocks tumbled on Wall Street amid a mixed bag of corporate earnings and growing concern at the spread of the coronavirus, after China quarantined the city at the heart of the outbreak and authorities confirmed more cases in new countries. The Dow Jones Industrial Average (DJI) fell 110 points, or 0.4%, by 10:45 AM ET (1545 GMT) to 29,075.54 points. The S&P 500 (SPX) ofell 0.3% and the Nasdaq Composite (IXIC) dropped 0.1%. The authorities closed down public transport into and out of Wuhan an...

CORE BANKING

Temenos | October 11, 2021

Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider and one of the world’s fastest growing FinTechs, today announced it has signed a strategic agreement with Temenos (SIX: TEMN), the open cloud banking company, to launch an innovative Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US. CUaaS is offered by Mbanq’s Credit Union Service Organization (CUSO) and will be powered by The Temenos Banking Cloud. This solution...

CORE BANKING

Regions Financial Corporation | July 08, 2022

Regions Bank on Wednesday formally announced the establishment and continued business growth of a Commercial Corporate Finance (CCF) team that is connecting business leaders with specialized resources, insights, and guidance on opportunities including ownership transitions, financing alternatives, and risk management. The team is led by Coulter Warlick, who joined Regions in 2021 to develop and launch this team. “The Commercial Corporate Finance team is positio...