Ukraine Crisis and Inflation Spook Investors as Losses on Financial Markets Intensify
- 24.01.2022 04:45 pm
- Transaction Banking, Investment
‘’The unease seeping across financial markets is fast turning into panic as the fear factor over conflict in Ukraine intensifies while the spectre of soaring inflation looms ever larger. The FTSE 100 sank deeper into the red with losses intensifying after Wall Street opened to yet another slide. Once again tech stocks are taking the biggest tumble on indices with chip maker Nvidia,Tesla and Netflix among the biggest fallers on the S&P 500... more
On Its Way to Net Zero, Uss to Tilt £5 Billion of Assets Under Management to Solactive Uss Developed Markets Climate Transition Benchmark
- 24.01.2022 01:45 pm
- Management
ESG investing has been gaining increased momentum, especially in the investment sector. Last May, the Universities Superannuation Scheme (“USS”), the UK’s largest private pension scheme, announced an ambition to become net zero for carbon for its investments by 2050 if not before. Today, USS Investment Management, its wholly-owned investment arm, is introducing a climate “tilt” to a portion of the Global Developed Markets Equity component... more
Multi-generational Love for Local Drives Gift Card Sales in the UK
- 24.01.2022 08:40 am
- Management
Local gift cards are widening their appeal across the UK, and across the generations, says fintech Miconex as it reveals the 10 areas of the UK with the highest gift card sales in 2021. Aberdeen, Enniskillen, East Ayrshire, Cambridge, Belfast, Barnsley, Perth, East Lothian, York and Kirkwall recorded sales of over £1.2 million for their local gift cards in 2021, a 32% increase on 2020.
Amid Pandemic-driven Logistics Boom, Addx-listed Real Estate Fund by Elite Exceeds 2x of Target Returns, After Completing Eur 520m Sale to Blackstone
- 21.01.2022 09:15 am
- Transaction Banking
Focused on European warehouses, Elite Logistics Fund I benefited from a significant increase in investor demand for logistics and e-commerce assets
LiquidX Completes First Securitization Facility: USD $125 Million Receivables Portfolio Transaction with NORD/LB Serving as Agent and Funder
- 20.01.2022 04:25 pm
- Trade Finance, Credit Cards, Insurance
LiquidX, the global technology solutions provider for working capital, trade finance, and trade credit insurance, has expanded its technology offering to include reporting capabilities for securitization facilities. LiquidX sourced and facilitated a USD $125 million accounts receivable (A/R) finance program for a USD $20 billion company in the Technology Media and Telecom (TMT) sector. The structure achieved true sale recognition through the... more
Union Bank of the Philippines Selects METACO and IBM to Orchestrate its Digital Asset Custody Operations
- 20.01.2022 12:45 pm
- Management, Infrastructure
"METACO Harmonize provides orchestration layer for managing bank’s digital asset operations"
Worldline’s Digital Payments Expertise Selected to Bolster Kilo Health’s Expansion Plans
- 20.01.2022 11:55 am
- Transaction Banking, Payments
Addressing Kilo’s specific payment needs in the wellness industry, one of the world’s most dynamic sectors. Worldline, a global leader in the payments and transactional services industry, has been selected by digital health and wellness front-runner, Kilo Health, as its digital payments partner to support its international expansion strategy, specifically supporting recurring or subscription payments.
Lattice Triples Valuation to $3B, Raises $175M in Series F Funding Round
- 19.01.2022 11:45 am
- Fundraising News, Management
After reaching unicorn status in 2021, Lattice continues to grow at record rates as people strategy continues to be a top priority for companies succeeding in the new world of work. Lattice, the leading people management platform for businesses with people-first cultures, today announced a new valuation of $3 billion after closing a $175 million round of funding from Thrive Capital, Elad Gil, Tiger Global, and Dragoneer.
Chargebee Acquires Customer Retention Leader Brightback, Expands Revenue Management Offerings
- 19.01.2022 11:00 am
- Management
With latest acquisition, hyper-growth startup Chargebee leverages automation to enable subscription businesses to reduce online cancels while growing customer lifetime value
Purchasing Software Opens New Doors for Controlling Expenditure
- 18.01.2022 10:40 am
- Management
- Women’s Pioneer Housing Association improves budgetary control and saves time on processing invoices using Invu’s Purchase Order Processing software - Women’s Pioneer Housing, a provider of homes and services that offer a springboard to independent women, has reimagined its purchase order and invoice processing system and gained renewed control over their spending.
Worldline and Broderick’s Sign Strategic Three-year Deal to Boost Cash to Card Vending Business
- 18.01.2022 09:45 am
- Transaction Banking, Payments
Worldline to deliver support programme for Broderick’s rapid transformation from cash to card payment solutions throughout its vending portfolio Worldline, the European leader in the payments and transactional services industry, is to deliver a three-year support programme for Broderick’s, the Manchester-based, fast-growing, family-owned operator of more than 1,000 vending machines across the UK.
Worldline Unites Major Companies and Start-Ups for Its 4th ‘E-payments Challenge’ Hackathon
- 17.01.2022 08:15 am
- Transaction Banking, Payments, FinTech StartUps
The industry’s best in class Fintech co-creation event, powered by Europe’s leader in payments Worldline, the European leader in the payments and transactional services industry, is thrilled to announce it will be hosting the fourth edition of its industry leading e-Payments Challenge hackathon which is due to take place in an innovative fully virtual format on 26-28 January 2022.
Tonner-One World Announces Acquisition of Ai-Powered Cryptocurrency Investment Management Platform
- 17.01.2022 08:00 am
- Investment, Management, Cryptocurrencies
Tonner-One World Holdings, Inc “the Company”, an aggressive FinTech development company, announces the acquisition of Cryptopro, a Lithuania based Artificial-Intelligence-powered Cryptocurrency, investment management platform that serve clients across the globe.
Delta’s UPS and Datacenter Solutions to Expand Presence in Portugal Through Partnership with DATABOX - Informática, S.A.
- 14.01.2022 08:15 am
- Management
Delta, a global leader in power and thermal management solutions, today announced a new partnership with DATABOX - Informática, S.A., a prominent IT channel distributor based in greater Lisbon, Portugal, to provide Delta’s wide range of energy-efficient Uninterruptible Power Supplies (UPS) and Data Centre Infrastructure Solutions to IT resellers and system integrators throughout Portugal.
New Finanze Bridging Loan Empowers Foreign Nationals to Acquire Property and Build Credit for a Greater Financial Future
- 13.01.2022 02:30 pm
- Transaction Banking
The property finance solutions company has partnered with award-winning lenders Albatross Capital to create a loan that gives foreign investors more opportunity to access better rates Foreign nationals without a credit history in the UK now have access to a new financing solution that not only provides money for a property purchase but also creates potential access to significantly better future lending rates.
