LONDON, June 7, 2021 /PRNewswire/ — CFOs across the UK warn that cashflow and overspending are the main barriers to their organisation’s financial recovery. The research, commissioned by Soldo, a European pay and spend automation platform, found that 60% of CFOs are forecasting that their business will not recover to pre-pandemic levels until October 2022. […]
DALLAS and SEATTLE, May 12, 2021 — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, and Coinme Inc., the largest licensed cryptocurrency cash exchange in the U.S., today announced the launch of a new partnership to enable the cash funding and payout of digital currency purchases and sales. […]
NEW YORK, May 3, 2021– Additional broadband coverage, adoption, and speed is accretive for incremental growth of U.S. jobs and GDP, making the case for investment. A 10 percentage-point increase in broadband penetration in 2016 would have resulted in more than 806,000 additional jobs in 2019, or an average annual increase of 269,000 jobs. More […]
OKYO, April 7, 2021 /PRNewswire/ — MoneyGram International, Inc, a global leader in cross-border P2P payments and money transfers, today announced a three-year extension to its partnership with SBI Remit Co., Ltd., one of the Company’s key partners in Japan. For over a decade, MoneyGram and SBI Remit have delivered innovative and affordable money transfer […]
NEDRE VATS, Norway, April 5, 2021 – AutoStore, a leading global robotics and software company, today announced that SoftBank has entered into a definitive agreement to acquire 40% of AutoStore from funds affiliated with Thomas H. Lee Partners, L.P. (“THL”) and EQT Private Equity (“EQT”), among other shareholders. THL will continue to be AutoStore’s majority […]
WARREN, Pa. and VALHALLA, N.Y., April 1, 2021 /PRNewswire/ — Northwest Bank, a subsidiary of Northwest Bancshares, Inc. (NASDAQ: NWBI), today announced that it has entered into a definitive agreement to sell its insurance business offered through Northwest Insurance Services to USI Insurance Services (“USI”). Northwest Insurance Services is a wholly-owned subsidiary of Northwest Bank, […]
New Voices Foundation and JPMorgan Chase’s Advancing Black Pathways initiative are developing and hosting the New Voices Banking Bootcamp – a business banking educational program. rnrnSlated to start later this month, the bootcamp is designed to help women of color entrepreneurs establish strong business banking relationships and expand their access to capital, which is critical […]
Bank of America today announced that the Chief Investment Office (CIO) has introduced initiatives to promote the representation of women and people of color among asset managers on its wealth management platform and across the industry. Multiple studies reflect the potential for strong investment results by diverse teams.1 In light of this, the CIO is […]
The economic fallout from the COVID-19 pandemic has been devastating for U.S. small businesses, with many experiencing dramatic declines in revenues and cash liquidity following the government-mandated closures that began in March. The effects of the economic downturn have been especially severe for Black-owned businesses— many of which entered this crisis undercapitalized.1 As a step […]
