The Simplicity Group, one of the nation’s leading financial products distribution businesses, today announced the acquisition of San Rafael, CA-based Optima Financial & Insurance Services. The financial services firm, with a focus on Life and Annuity products, is the 33rd company to join Simplicity. Read more
Finastra has opened its fourth annual global Hackathon. Building on the success of its previous events – to redefine finance for good and build an unbiased fintech future – this year’s launch coincides with International Women’s Day (IWD), aiming to inspire the fintech space to be open by default. This year the hackathon encourages engagement beyond
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Global Market Strategist for J.P. Morgan Private Bank, Elyse Ausenbaugh, discusses the cause of high inflation rates, when inflation could normalize, and the possibility of the Federal Reserve raising interest rates.
When we talk about changing culture in an organization, it rarely starts with finance, but maybe it should. Why? Because finance has a significant impact — good or bad — on the culture of any organization. In an Executive Session at AFP 2021, Gary Bischoping, partner at Hellman & Friedman, and Greg Milano, founder and
J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc., Searchlight and the management ownership team of Global Risk Partners Limited, today announced that the parties have entered into an agreement to acquire the GRP insurance operations. The transaction is expected to close in the third quarter of 2022, subject to certain closing conditions,
A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to a forum of participating organizations that help to improve payment data security worldwide. Read More
The Western Union Company, a global leader in cross-border, cross-currency money movement and payments, announced the Company has completed the first closing of the divestiture of its Business Solutions segment to a consortium of Goldfinch Partners, LLC (“Goldfinch”) and The Baupost Group, LLC (“Baupost”) for approximately $910 million in cash. Read More
Santander Consumer USA Inc., a wholly owned subsidiary of Santander Holdings USA, Inc. (“Santander US”), today announced the expansion of its partnership with AutoFi Inc. (“AutoFi”), a leading e-commerce platform for automotive sales and financing, to develop SC’s end-to-end digital car buying experience. Santander US has also invested in the capital raise announced today by AutoFi, strengthening the Santander/AutoFi
If you’ve had a new debit or credit card in the last few years, you might have noticed a few changes to the design. Cards increasingly have new features like notches cut out of one edge, raised dots on the main side and the owner’s name printed, not embossed. These changes are done for the same reason
We talked to Invsta CEO Rachel Strevens about technology and the future of investing.
MX helps Upwise users connect all their financial accounts in one place because managing your money is about more than tracking dollars in and dollars out.
