B. Riley & Co. Acts as Joint Book-Running Manager on $20 Million Public Offering for Red Lion Hotels Corporation
- 8 years 1 month ago
- Asset Management, Infrastructure
B. Riley & Co., LLC (B. Riley), a full service investment bank and a wholly-owned subsidiary of B. Riley Financial, Inc., acted as a joint book-running manager in the underwritten public offering of 2.5 million shares of common stock of Red Lion Hotels Corporation (RLHC), which includes the full exercise by the underwriters of their option to purchase an additional 249,999 shares. RLHC priced the 2.5 million shares of its common stock at... more
Market Drivers and Forecast from Technavio
- 8 years 1 month ago
- Infrastructure
Technavio analysts forecast the global analytics and risk compliance solutions for banking market to grow at a CAGR of more than 17% during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global analytics and risk compliance solutions for banking market for 2016-2020. To determine the market size, the study considers revenue generated from the Americas, APAC, and... more
QNB Group: Growth Is Expected To Slow As Government Stimulus Is Eased
- 8 years 1 month ago
- Infrastructure
QNB Group has published its China Economic Insight 2016 report. The report examines recent developments and the outlook for the Chinese economy as concerns about mounting corporate debt and overheating property prices force the government to scale back stimulus. Real GDP growth has fallen steadily in recent years, eroded by slower growth in private investment and weak external demand, which has prompted the government to support the economy... more
Market Gravity Predicts Banking and Finance Industry Trends for 2017
- 8 years 1 month ago
- Banking, IT Innovations, Infrastructure
Technology will continue to be one of the biggest disrupting forces in the banking and finance sector in 2017, with innovations such as blockchain, chat bots, robo-advice and virtual reality finally breaking through. In 2016, we saw the time it takes to go from breakthrough technology to mass market application reducing as technology disruptors reshaped big business practice, and this breakneck pace doesn’t show signs of abating as we enter a... more
GMC Software Named as a Representative Vendor in 2016 Gartner Market Guide for Rapid Mobile App Development Tools
- 8 years 1 month ago
- Infrastructure
GMC Software (GMC), the award-winning leader in Customer Communications Management (CCM), announced today that it is listed as a Representative Vendor in Gartner’s September 2016 Market Guide for Rapid Mobile App Development Tools. The Gartner Market Guide lists 34 representative vendors offering solutions in this market. GMC Software is the only CCM vendor included.
Cardlay Raises $4 Million to Usher Traditional Banks Into the Digital Age
- 8 years 1 month ago
- Banking, Infrastructure
Cardlay, a front-end Card Management Platform and Cardholder application, is announcing the release of its white label solution for banks and a $4 million funding round from private investors. The company is now forming partnerships with top-tier banks to serve as a front-end platform, assisting in optimization of their corporate account management and capitalizing on existing portfolios.
Japan's APLUS Co. Goes Live With IBM LinuxONE
- 8 years 1 month ago
- Credit Cards, Data, Infrastructure
IBM (NYSE: IBM) today announced that Japan-based APLUS Co., Ltd., which operates credit card and settlement service businesses, has selected IBM LinuxONE® as its mission-critical system for credit card payment processing.
Mahindra Comviva releases the “Business of Tomorrows” survey report
- 8 years 1 month ago
- IT Innovations, Infrastructure
Mahindra Comviva, the global leader in providing mobility solutions, has released “The Business of Tomorrows” survey report. The survey was carried out in collaboration with Mobile World Live, an online communication hub for the global mobile industry. Operators across various segments, including the overall industry landscape, mobile payments, 5G, content, customer analytics and mobile broadband were surveyed.
Popular Community Bank Continues to Unveil Digitally Enhanced Branches
- 8 years 1 month ago
- Infrastructure
Popular Community Bank, a subsidiary of Popular, Inc. and one of the nation’s premier community banks, today announced the continuation of its Retail Network Transformation initiative with the newly digitally transformed Popular Community Bank branch at 164 East 116th Street in East Harlem, New York City.
Banque de France and Victoires Paiements EIG Deploy Sopra Banking Software
- 8 years 1 month ago
- Payments, Banking, Infrastructure
Banque de France’s banking services department has launched an innovative large-scale programme to overhaul its banking IT system which supports the state. Banque de France has decided to work hand in hand with Sopra Banking Software to change its retail payments* processing activity, by adopting modern and efficient software solutions.
Caribbean CSDs sign SWIFT’s ISO 20022 Harmonisation Charter
- 8 years 1 month ago
- Infrastructure
SWIFT announces today that the Barbados Central Securities Depository Inc. (BCSDI) and the Jamaican Central Securities Depository (JCSD) have signed up to the SWIFT ‘ISO 20022 Harmonisation Charter’, a framework of principles for the harmonised adoption of the ISO 20022 messaging standard.
Aquila Capital Boosts its Residential Real Estate Portfolio in Madrid
- 8 years 1 month ago
- Infrastructure
Aquila Capital has acquired its third residential real estate development project in Spain. The property comprises a 23,000sqm site in La Moraleja, considered one of the most exclusive districts in Madrid. The plots will consist of high-end semi-detached houses and generously sized individual villas. The project involves the construction of 75 residential units with an average living area of 300sqm and 225 underground parking spaces.
BioCatch Expands its IP Portfolio
- 8 years 1 month ago
- Infrastructure
BioCatch, the global leader in behavioral biometrics, reported a banner year with the expansion of its patent portfolio, which grew to over 40 granted and pending patents.
Lombard Risk Teams Up with Atos to Deliver Collateral Management Solution to German market
- 8 years 1 month ago
- Infrastructure
Lombard Risk Management, a leading provider of integrated collateral management and regulatory reporting solutions for the financial services industry, has signed a co-operation agreement with Atos, an international leader in digital services, to facilitate the delivery of Lombard Risk’s award-winning collateral solution, COLLINE®, to the German market from early 2017.
Ancoa Named Best Market Surveillance Technology at the 2016 FOW Awards
- 8 years 1 month ago
- Infrastructure
Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy- and sell-side firms, today announced it has won ‘Best Market Surveillance Technology’ at the 2016 Futures & Options World (FOW) International Awards. The award recognises the ongoing enhancements made to the Ancoa surveillance platform, which have enabled customers to meet the Market Abuse Regulation (MAR) deadline of July 2016.
