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AutoRek | July 14, 2020
The interview dives into the background of the company, covering how and where it began, where it is now and some of the landmark deals AutoRek have signed in recent months. Gordon touches on his view of RegTech – if it is here to stay and where it is taking us and also the issues the financial industry has faced as a result of COVID-19. “It is generally accepted that the COVID19 pandemic will change the future of work. I think this is especially true in the financial services sector...
Business Wire | September 07, 2020
Devexperts, a leading global software provider for the capital markets industry, has integrated the DXtrade SaaS trading platform with the Economic Calendar by FXStreet, a leading information and resources provider for forex traders. DXtrade is an off-the-shelf trading platform for established and amateur FX/CFD brokers worldwide. In DXtrade, the Economic Calendar is provided by FXStreet to allow traders to track events of their choice. The Calendar provides indicators that help traders anticipa...
FINANCIAL MANAGEMENT
PRA Group, Inc. | April 05, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on April 1, 2022, it completed the refinancing of its European credit facilities. This refinancing includes a new $800 million UK credit facility and an amended and resized $750 million credit facility covering the rest of Europe, excluding the UK. The new UK facility includes a diverse group of both new and existing lenders that participate in both the North American...
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...
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