Company Statements
Americas
PayPal and Synchrony Financial Announce Expanded Strategic Credit Relationship
PayPal Holdings, Inc. and Synchrony Financial announced an agreement to significantly expand their strategic consumer credit relationship. Under the terms of the transaction, Synchrony Financial will acquire $6.8 billion in receivables, including PayPalβs U.S. consumer credit receivables portfolio, which...
Americas
Samsung SDS Showcases Biometric Authentication Technologies at Money
Today at the Money 20/20 USA conference, Samsung SDS America showcases its authentication technologies, including Samsung SDS Nexsignβ’, with leading partners in the financial industry, illustrating the latest innovations that use advanced mobile technologies to improve security and enhance...
Asset Management
GSO Closes Acquisition of $2.4 Billion Credit Investment Portfolio from NewStar Financial
GSO Diamond Portfolio Fund LP , a newly formed $950 million investment fund sponsored by GSO Capital Partners LP, the global credit investment platform of Blackstone, successfully closed on the previously announced acquisition of approximately $2.4 billion in corporate...
Cards & Payments
Spire Payments to Launch New and Innovative Payment Solutions at Trustech 2017
Spire Payments, recognised as one of the leading FinTech providers in the industry, have announced today they will be launching multiple new end-points and payment solutions at TRUSTECH 2017, 28th to 30th November in Cannes, France. This news is...
Company Statements
Direct Line Group announces a 15% equity stake in the UK-based rental market disrupter Canopy
Direct Line Insurance Group plc ("Direct Line Group" or the "Group") announces a 15% equity stake in Canopy, a rental market disruptor founded in 2016, which is targeting the traditional rental market head-on.
Canopy offers an alternative to costly security...
Americas
The Standard Launches New Accidental Death and Dismemberment Occupational Assistance Service
Standard Insurance Company (The Standard) is launching its Accidental Death & Dismemberment (AD&D) Occupational Assistance service as a complimentary feature to its Group AD&D and Life insurance products. The service is the first of its kind in the industry...
Asset Management
Double success for Close Brothers at Private Asset Management Awards
Close Brothers Asset Management (CBAM) was recognised twice at this yearβs Private Asset Management (PAM) Awards, securing two of the ceremonyβs accolades.
At the ceremony, CBAM was named as the winner of the βClient Service Qualityβ award for high net...
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