Comptroller

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of NYCB

Retrieved on: 
Friday, March 1, 2024

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.

Key Points: 
  • Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The firm has recovered hundreds of millions of dollars for investors since its founding in 1995.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding NYCB’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
  • The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ).

FedRAMP Authorizes Paperless Innovations’ Actus: The First Government-Wide Purchase Card Financial Management Solution

Retrieved on: 
Wednesday, February 28, 2024

With the Actus Government-wide purchase card (GPC) financial management solution, Federal agencies can now benefit from more than 80 automated risk management features , adding comprehensive internal controls to the use of funds within Public Sector purchase card programs.

Key Points: 
  • With the Actus Government-wide purchase card (GPC) financial management solution, Federal agencies can now benefit from more than 80 automated risk management features , adding comprehensive internal controls to the use of funds within Public Sector purchase card programs.
  • We remain committed to strengthening confidence in Government purchase cards as a secure financial management instrument enforcing accountability, compliance and transparency.
  • Federal agencies are able to:
    Address Critical Financial Management Needs: Comptrollers gain real-time financial management insights needed for visibility and control over commitments and the true status of funds by utilizing Actus for daily financial closeouts at the item level.
  • Paperless Innovations’ Actus solution is available for direct award under GSA MAS Contract #47QTCA24D002X, SIN 54151ECOM Ecommerce and SIN 518210FM Financial Management.

NYCB SHAREHOLDER NOTICE: Faruqi & Faruqi Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In NYCB To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 22, 2024

NEW YORK, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against New York Community Bancorp, Inc. (“NYCB” or the “Company”) (NYSE: NYCB) and reminds investors of the April 8, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • If you suffered losses exceeding $100,000 investing in NYCB stock or options between March 1, 2023 and February 5, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • New York Community Bancorp also disclosed it would cut its quarterly dividend from $0.17 to $0.05 per share.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding NYCB’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

BNP Paribas Asset Management leads the way to accelerate Net Zero ambitions in partnership with NYC Comptroller’s Office and Climate & Nature Solutions

Retrieved on: 
Thursday, March 7, 2024

This is why the investors featured in the BNP Paribas Asset Management Accelerating Net Zero Ambition report are taking action to address climate risk as financial risk.

Key Points: 
  • This is why the investors featured in the BNP Paribas Asset Management Accelerating Net Zero Ambition report are taking action to address climate risk as financial risk.
  • This joint initiative aims to provide clear guidance to the institutional investment community, to reposition their portfolios for sustainable growth.
  • For the investors managing trillions in capital which have committed to net zero, this will not be an easy undertaking.
  • This report defines clear recommendations with real case studies of investors who have taken ambitious actions towards net zero.

Mercedes-Benz Financial Services Canada Corporation appoints Brian Stevens as new President and CEO

Retrieved on: 
Tuesday, March 5, 2024

Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.

Key Points: 
  • Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240304532618/en/
    Brian Stevens, President and CEO, Mercedes-Benz Financial Services Canada Corporation (Photo: Business Wire)
    In this role, he will lead the Canadian operations of MBM in succession of James Ryan, who was appointed CEO of Mercedes-Benz Financial Services BeNeLux, leading MBM operations in the Belgium, Netherlands and Luxembourg markets, last year.
  • "Brian brings more than a decade of experience with the Canadian market following his successful tenure as Chief Financial Officer of MBM NA.
  • Mercedes-Benz Financial Services Canada at a glance:
    Mercedes-Benz Financial Services Canada Corporation, located in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz passenger cars and vans in Canada by offering premier financial services to retail customers and the dealer network.

Crystal appoints Navin Gupta, Former Ripple Managing Director, as Chief Executive Officer

Retrieved on: 
Monday, February 19, 2024

Crystal , a leading blockchain intelligence firm focused on compliance and risk monitoring for cryptocurrencies, announced the appointment of Navin Gupta as its new Chief Executive Officer.

Key Points: 
  • Crystal , a leading blockchain intelligence firm focused on compliance and risk monitoring for cryptocurrencies, announced the appointment of Navin Gupta as its new Chief Executive Officer.
  • Gupta takes over from Marina Khaustova, who moves into the new position of Chief Operations Officer at Crystal.
  • View the full release here: https://www.businesswire.com/news/home/20240218207539/en/
    Gupta joins Crystal from Ripple, where he successfully drove growth for the firm in the MEA and South Asian markets.
  • The product offers real-time indirect risk assessment, monitoring over 50,000 entities and organizations and offers proprietary training programs for professional cybercrime investigators.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES OVER $1 BILLION EQUITY INVESTMENT ANCHORED BY FORMER U.S. TREASURY SECRETARY STEVEN MNUCHIN'S LIBERTY STRATEGIC CAPITAL, HUDSON BAY AND REVERENCE CAPITAL

Retrieved on: 
Wednesday, March 6, 2024

HICKSVILLE, N.Y., March 6, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") today announced that Liberty Strategic Capital ("Liberty"), Hudson Bay Capital ("Hudson Bay"), Reverence Capital Partners ("Reverence Capital"), Citadel Securities ("Citadel"), other institutional investors and certain members of the Company's management (collectively, the "Investors") will make a combined over $1 billion investment in the Company, subject to finalization of definitive documentation and receipt of applicable regulatory approvals. Liberty is expected to invest $450 million, Hudson Bay will invest $250 million, and Reverence will invest $200 million as part of the transaction.  

Key Points: 
  • Liberty is expected to invest $450 million, Hudson Bay will invest $250 million, and Reverence will invest $200 million as part of the transaction.
  • Secretary Steven Mnuchin stated, "In evaluating this investment, we were mindful of the Bank's credit risk profile.
  • We enter this next chapter with a strong balance sheet and liquidity position supported by a diversified and retail focused deposit base.
  • Sullivan & Cromwell LLP is serving as legal counsel to Liberty Strategic Capital.

Mesh Payments Integration with NetSuite OneWorld Sets New Standard For Global Multi-Subsidiary Spend Management

Retrieved on: 
Tuesday, February 27, 2024

The Mesh integration with NetSuite OneWorld —the premier ERP solution for multi-subsidiary management—delivers a streamlined, efficient approach to managing global expenses across currencies and tax jurisdictions while ensuring compliance and global sync.

Key Points: 
  • The Mesh integration with NetSuite OneWorld —the premier ERP solution for multi-subsidiary management—delivers a streamlined, efficient approach to managing global expenses across currencies and tax jurisdictions while ensuring compliance and global sync.
  • Aaron Crow, Assistant Controller for MRI Software, a leader in real estate software solutions, commented: "The integration between Mesh and NetSuite OneWorld goes beyond simplifying transactions between our entities.
  • Our integration with NetSuite OneWorld supports businesses in their local and international operations, providing real-time insights and unmatched control over their expenditures."
  • Learn more about how the Mesh NetSuite integration elevates spend management and eliminates intercompany transfers for global companies.

Massachusetts selects CGI for transformation of Commonwealth's enterprise financial system

Retrieved on: 
Tuesday, February 27, 2024

BOSTON, Feb. 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced it has been awarded a contract by the Commonwealth of Massachusetts to deliver a financial management solution through CGI Advantage®, a cloud-based platform that integrates financial data in a modern, unified platform.

Key Points: 
  • BOSTON, Feb. 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) today announced it has been awarded a contract by the Commonwealth of Massachusetts to deliver a financial management solution through CGI Advantage®, a cloud-based platform that integrates financial data in a modern, unified platform.
  • "The efficiency and security of the Commonwealth's financial operations, and our reporting to the Commonwealth's residents and taxpayers, the federal government, and bondholders, all depend on our ERP system.
  • We look forward to transformative improvement as we move to this new generation of technology," said William McNamara, Comptroller of the Commonwealth of Massachusetts.
  • "This transformative initiative will evolve financial management for the Commonwealth through improved user experiences, more efficient processes and strengthened security."

Rossum Aurora AI accelerates document automation with human-level accuracy and unprecedented speed

Retrieved on: 
Tuesday, February 27, 2024

LONDON, Feb. 27, 2024 /PRNewswire/ -- Rossum , a leader in intelligent document processing, is thrilled to unveil Rossum Aurora: a next-generation AI engine poised to revolutionize document understanding and streamline automation from start to finish.

Key Points: 
  • LONDON, Feb. 27, 2024 /PRNewswire/ -- Rossum , a leader in intelligent document processing, is thrilled to unveil Rossum Aurora: a next-generation AI engine poised to revolutionize document understanding and streamline automation from start to finish.
  • What makes Rossum Aurora stand out is its focus on transactional documents, such as invoices, packing lists, or sales orders.
  • Through its three levels of training, Rossum Aurora achieves human-level accuracy almost instantly, while being designed to provide enterprise-grade safety.
  • "After two years of meticulous development, it's ready to elevate learning speed, accuracy, and automation to unprecedented levels across the Rossum client base.