Tag: Financial

Rapidly shifting geopolitical environment could test euro area financial stability
Europe

Rapidly shifting geopolitical environment could test euro area financial stability

Press Release – 21 May 2025 A marked spike in uncertainty across global trade, defence, international cooperation and regulation policies could prove challenging for financial stability, according to the May 2025 Financial Stability Review, published today by the European Central Bank (ECB). Frequent shifts and reversals in tariff policy, alongside significant changes in the geopolitical environment, could have major economic and financial impacts. While global macroeconomic … Continue reading Rapidly shifting geopolitical environment could test euro area financial stability

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The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership
Middle East, Untied Kingdom

The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership to Advance Energy Infrastructure Across the Middle East

News Release – RIYADH, Saudi Arabia & NEW YORK – May 19, 2025 – The Arab Energy Fund (formerly APICORP), a leading multilateral impact financial institution focused on the MENA energy sector, and Stonepeak, the world’s largest independent infrastructure firm and leading US infrastructure investor, today announced that they have entered into a strategic partnership to invest in energy infrastructure across the Middle East. The partnership … Continue reading The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership to Advance Energy Infrastructure Across the Middle East

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United Community Joins Hands with Newgen to Modernize its Customer-facing Small Business Lending
Africa

United Community Joins Hands with Newgen to Modernize its Customer-facing Small Business Lending

The bank will improve loan management, expedite loan approvals, and transform customer experience. May 12, 2025: Newgen Software, a global provider of an AI-first unified digital transformation platform, announced that United Community (United) selected the company’s banking solution to simplify its small business lending. The collaborative efforts optimized the bank’s loan management operations, maximizing efficiency and enhancing customer experience across its entire loan portfolio. Leveraging Newgen’s Small Business Administration Loan … Continue reading United Community Joins Hands with Newgen to Modernize its Customer-facing Small Business Lending

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CICC Expands Its Global Footprint with Official Launch of DIFC Branch
Middle East

CICC Expands Its Global Footprint with Official Launch of DIFC Branch

“We are delighted to welcome CICC to DIFC, bolstering the strategic relations between the UAE and China. Dubai and DIFC remain a top destination for Chinese investments, further accentuated by a surge in interest from banks, wealth and asset management firms, large corporations, and insurance sector market players. It underscores our commitment to offer a vast, well-developed ecosystem to help Chinese businesses expand and scale … Continue reading CICC Expands Its Global Footprint with Official Launch of DIFC Branch

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Thunes Raises USD 150 Million in Series D, Led by Apis Partners and Vitruvian Partners
Asia

Thunes Raises USD 150 Million in Series D, Led by Apis Partners and Vitruvian Partners

News – April 28, 2025 – Singapore, 28 April 2025 – Thunes, the Smart Superhighway to move money around the world, is proud to announce the successful raise of its $150 million Series D, the largest in its history, at a substantial valuation increase over its last round. Amid one of the most challenging capital markets environments of recent times, this milestone was achieved in record time. … Continue reading Thunes Raises USD 150 Million in Series D, Led by Apis Partners and Vitruvian Partners

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Barclays and Brookfield
Europe

Barclays and Brookfield enter into strategic partnership to transform the bank’s payment acceptance business

Press Release – London, 17 April 2025:   Barclays (LSE: BARC) and Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), through its Financial Infrastructure strategy, today announce a long-term strategic partnership (the “Partnership”) to grow and transform Barclays’ payment acceptance business (the “Business”), previously referred to as its merchant acquiring business.  Barclays and Brookfield will work to create a standalone entity over time. https://www.media.barclays.co.uk/serve/190157-4458188.mp4?dnt=1 Barclays has … Continue reading Barclays and Brookfield enter into strategic partnership to transform the bank’s payment acceptance business

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Swiss Re publishes its 2024 Financial Condition Report
Europe

Swiss Re publishes its 2024 Financial Condition Report

Ad hoc announcement pursuant to Article 53 LR Press Release – Zurich, 14 April 2025 – Swiss Re today published the 2024 Financial Condition Report for the Swiss Re Group and its regulated re/insurance entities domiciled in Switzerland for the reporting period ended 31 December 2024. The report contains information on the Swiss Solvency Test (SST) and the financial condition of the Swiss Re Group and its … Continue reading Swiss Re publishes its 2024 Financial Condition Report

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FICO
United States

FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

Consumers are still prioritising paying off credit card bills post-pandemic News Release – LONDON–(BUSINESS WIRE)–Mar. 31, 2025– Global analytic software leaderFICO’s analysis of UK credit card payments data from the past six years has revealed that consumers developed healthier credit card payment patterns during the pandemic, and those patterns have not fallen back to pre-pandemic levels. The COVID-19 lockdown and its reduced spending opportunities, as well as … Continue reading FICO Data Uncovers Positive Impact Pandemic Had on UK Consumers’ Payments

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AI hyperscaler Nscale launches Serverless Inference Platform
Europe

AI hyperscaler Nscale launches Serverless Inference Platform

Nscale makes AI accessible to organisations of all sizes, enabling cost-efficient AI model deployment with a simple pay-as-you-go model. London, UK – 02/04/2025 – Nscale, the hyperscaler engineered for AI, today announced the launch of its Serverless Inference platform, the first public on-demand offering within its broader AI infrastructure suite. This new public cloud service allows developers and enterprises to quickly deploy leading AI models at … Continue reading AI hyperscaler Nscale launches Serverless Inference Platform

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