Company Statements
Banking
Edelweis Group Bank of Baroda To Co-Lend toSMEs
ECL Finance Limited, a subsidiary of Edelweiss Financial Services Limited and flagship NBFC of Edelweiss Group and Bank of Baroda, India’s second largest public sector bank, signed an agreement to form a strategic partnership to exploreCo-lending/Co-Origination opportunities. With this...
Company Statements
LBC Credit Partners Supports the Acquisition of MPL Holdings LLC
LBC Credit Partners , a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of MPL Holdings, LLC ("MPL" or the "Company") by Wynnchurch Capital, LLC.
LBC served as Sole Lender...
Americas
HSBC Bank USA Launches New Digital Mortgage Solution with Roostify
HSBC Bank USA part of the HSBC Group, one of the world’s largest banking and financial services organizations, announced that it has launched a digital home lending experience powered by Roostify. The partnership provides customers with a digital solution...
Cards & Payments
Mastercard and P27 Nordic Payments Platform to build a world first real-time payments system across the region
P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) and Mastercard have announced a partnership to provide real-time and batch payments across the Nordic markets; building the most advanced, innovative and efficient...
Cards & Payments
Visa to Acquire Rambus Payments Portfolio
Visa announced it has signed a definitive agreement to acquire the token services and ticketing businesses, formerly Bell ID and Ecebs LTD, from Rambus, a premier silicon IP and chip provider dedicated to delivering data faster and safer. The...
Cards & Payments
J.P. Morgan Launches E-Customs Payment Solution to Digitize Cross-Border Payments in China
The leading global financial institution J.P. Morgan announced the launch of E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitizes and automates cross-border payments of goods. The solution solves common...
Company Statements
Legal & General, Amazon partner to launch blockchain-powered PRT platform
UK-based Legal & General Reinsurance has partnered with Amazon to introduce ‘estua-re’, a pension risk transfer (PRT) execution platform powered by blockchain technology.
‘estua-re’ from Legal & General, is a single ecosystem is claimed to drive every stage of PRT...
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