Lemonade, which is backed by SoftBank Group Corp, is set to raise $319 million in its U.S. initial public offering and Lemonade, Inc. (“Lemonade”) today announced the pricing of its initial public offering of 11,000,000 shares of its common stock at a price of $29.00 per share. Lemonade has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its common stock at the initial public offering price.
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Analysis from global consultancy partnership Kearney predicts a rise in mergers and acquisitions over the next few years as banks seek to reduce costs in the short-term, re-focus the core business for the long-term, and transform operating models.
Now in its 11th year, Kearney’s European Retail Banking Radar is an annual analysis of the pan-European banking market, tracking 92 retail banks in 22 European markets, comprised of 50 banks in Western Europe and 42 banks in Eastern Europe.
The Compliance Program Management (CPM) business of Wolters Kluwer Compliance Solutions has won two prestigious awards celebrating excellence and innovation in operational risk. Financial Technologies Forum (FTF) News has named OneSumX its Best Operational Risk Management solution in its
Reuters Events will be hosting a free online webinar series focused on commodity trading and commodity value chains.
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Sidetrade (Euronext Growth: ALBFR.PA), the artificial intelligence platform dedicated to accelerating company revenue and cashflow, has earned the European Rising Tech label, awarded by Euronext in recognition of its sales, financial, and stock market performance.
PSD2 obliges ASPSPs including banks, e-wallets, prepaid cards and other companies that offer payment accounts to provide at least one channel for secure communication with third party providers (TPP).
ITRS Group (“ITRS”), the leading provider of estate monitoring, capacity planning, IT analytics and load testing to cross-industry enterprise clients, has announced a renewed partnership with Refinitiv. The collaboration will ensure the health of critical market data feeds for the global financial services industry.
A group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) paved the way for the future launch of the European Payments Initiative (EPI).
Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has been positioned as one of the UK's fastest-growing Indian companies in the CII-GT India Meets Britain 2020 Tracker