Credit management

AGL Credit Management announces the launch of AGL Private Credit Platform and exclusive Cooperation Agreement with Barclays

Retrieved on: 
Tuesday, April 2, 2024

AGL Credit Management LP (“AGL” or the “Company”), a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc (“Barclays”), a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit ("AGL PC").

Key Points: 
  • AGL Credit Management LP (“AGL” or the “Company”), a premier investment manager specializing solely on corporate credit strategies, and Barclays Plc (“Barclays”), a global Investment Bank, today announced an exclusive Cooperation Agreement and the launch of a new private credit investment platform, AGL Private Credit ("AGL PC").
  • View the full release here: https://www.businesswire.com/news/home/20240402291135/en/
    Text reading, "Announcing the launch of AGL Private Credit Platform," in front of city buildings.
  • (Graphic: Business Wire)
    AGL PC combines AGL’s established credit competency with proprietary access to Barclays’ leading leveraged finance and investment banking origination capabilities through a long-term Cooperation Agreement.
  • We see strong investing synergies from the combination of AGL and Barclays’ expertise, creating a differentiated private credit platform that aims to address a clear market opportunity.”

FIS Recognized as a Digital World-Class Vendor by the Hackett Group

Retrieved on: 
Wednesday, March 27, 2024

Global financial technology leader FIS ® (NYSE: FIS) has been named as a Digital World Class™ Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix™ research.

Key Points: 
  • Global financial technology leader FIS ® (NYSE: FIS) has been named as a Digital World Class™ Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix™ research.
  • The Hackett Group’s research recognized software providers in three separate process categories: credit management, order management and customer billing, with FIS’ GETPAID ™ solution cited for delivering exceptional value, efficiency, and customer-experience in C2C receivables in the credit management category.
  • FIS’ GETPAID™ is a state-of-the-art, fully integrated web-based accounts receivable software solution which helps businesses optimize their cash flow, mitigate risks and bolster efficiencies.
  • We’re delighted to have been named as a Digital World Class™ Vendor for Vendor for Credit Management and it’s a rewarding proof point in our mission to advance how the world pays, banks and invests.”

Celonis Launches Sailfin Accounts Receivable App Suite Powered by Process Intelligence and AI to Improve Cash Flow and Working Capital

Retrieved on: 
Wednesday, March 20, 2024

Celonis , the global leader in Process Mining , today announced the launch of the new Sailfin Accounts Receivable (AR) app suite, developed in collaboration with Sailfin Technologies, which Celonis acquired in 2022 .

Key Points: 
  • Celonis , the global leader in Process Mining , today announced the launch of the new Sailfin Accounts Receivable (AR) app suite, developed in collaboration with Sailfin Technologies, which Celonis acquired in 2022 .
  • The Sailfin AR apps are powered by the Celonis Process Intelligence Platform and leverage the standardized and unified process data and knowledge provided by the Celonis Process Intelligence Graph *.
  • “The Sailfin AR apps are a true value accelerator for Finance operations,” said Harit Nanavati, GM Accounts Receivable at Celonis and Founder & CEO of Sailfin Technologies.
  • With this robust process intelligence foundation, the Sailfin AR app suite is an evolution of the existing Celonis Premium Accounts Receivable apps .

The Hackett Group® Recognizes Esker as Digital World Class® Provider in Customer-to-Cash Receivables Creation Software

Retrieved on: 
Tuesday, March 19, 2024

Esker , a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, announced today that it has been recognized as a leading software provider in The Hackett Group’s new Digital World Class Matrix™ for Customer-to-Cash (C2C) Receivables.

Key Points: 
  • Esker , a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, announced today that it has been recognized as a leading software provider in The Hackett Group’s new Digital World Class Matrix™ for Customer-to-Cash (C2C) Receivables.
  • Esker was named a Digital World Class Provider in Order Management solutions and Customer Billing/EIPP solutions, providing customers with top-performing AI technologies that produce increased business value and operational excellence with high customer satisfaction.
  • While no single software provider achieved Digital World Class status in all three areas, Esker demonstrated excellence in two out of three categories.
  • Esker was also among the few software providers recognized as Digital World Class in a separate 2023 Digital World Class Matrix, which ranked nine prominent C2C receivables management software providers.

Investcorp Credit Management BDC, Inc. Re-Schedules Earnings Release for Second Quarter Ended December 31, 2023

Retrieved on: 
Tuesday, February 20, 2024

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) (“ICMB” or the “Company”) today announced that it will release its revised financial results for the quarter ended December 31, 2023 on Wednesday, February 21, 2024, after the close of the financial markets.

Key Points: 
  • Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) (“ICMB” or the “Company”) today announced that it will release its revised financial results for the quarter ended December 31, 2023 on Wednesday, February 21, 2024, after the close of the financial markets.
  • The Company will host an earnings conference call at 9:00 am (Eastern Time) on Friday, February 23, 2024.
  • All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959.
  • For those who are not able to listen to the call, a replay will be available shortly after the call by visiting our website at http://icmbdc.com/earnings-calls/ .

Investcorp Credit Management BDC, Inc. Cancels Conference Call and Advises Investors Not to Rely on Previously Issued Press Release Containing Financial Results for the Quarter Ended December 31, 2023

Retrieved on: 
Tuesday, February 13, 2024

Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (the “Company”) announced today that it has cancelled its conference call for the second quarter ended December 31, 2023, initially scheduled for today, February 13, 2024, at 1:00 p.m. Eastern Time, and that investors should not rely on the press release it issued on February 12, 2024 containing its financial results for the second quarter ended December 31, 2023.

Key Points: 
  • Investcorp Credit Management BDC, Inc. (NASDAQ: ICMB) (the “Company”) announced today that it has cancelled its conference call for the second quarter ended December 31, 2023, initially scheduled for today, February 13, 2024, at 1:00 p.m. Eastern Time, and that investors should not rely on the press release it issued on February 12, 2024 containing its financial results for the second quarter ended December 31, 2023.
  • The Company will also delay the filing of its Form 10-Q for the second quarter ended December 31, 2023 with the SEC until it can complete its review of whether certain expenses had been properly accrued in the correct periods and, if not, the impact of any such adjustments on its consolidated financial statements.

Investcorp Credit Management BDC, Inc. Schedules Earnings Release for Second Quarter Ended December 31, 2023

Retrieved on: 
Tuesday, January 30, 2024

Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) (“ICMB” or “the Company”) today announced that it will release its financial results for the quarter ended December 31, 2023 on Monday, February 12, 2024, after the close of the financial markets.

Key Points: 
  • Investcorp Credit Management BDC, Inc. (formerly CM Finance Inc) (NASDAQ:ICMB) (“ICMB” or “the Company”) today announced that it will release its financial results for the quarter ended December 31, 2023 on Monday, February 12, 2024, after the close of the financial markets.
  • The Company will host an earnings conference call at 1:00 pm (Eastern Time) on Tuesday, February 13, 2024.
  • All interested parties may participate in the conference call by dialing (800) 550-9893 5-10 minutes prior to the call; international callers should dial (858) 609-8959.
  • For those who are not able to listen to the call, a replay will be available shortly after the call by visiting our website at http://icmbdc.com/earnings-calls/ .

Array and Narmi Partner to Bring Innovative Digital Experiences to Customers of Financial Institutions

Retrieved on: 
Wednesday, January 17, 2024

NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Array , a leading financial innovation platform, and Narmi , a leading provider of digital banking solutions for financial institutions, announced a partnership to bring Array’s financial progress tools to customers and members and help them better monitor their credit and benefit from anti-fraud identity monitoring.

Key Points: 
  • NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Array , a leading financial innovation platform, and Narmi , a leading provider of digital banking solutions for financial institutions, announced a partnership to bring Array’s financial progress tools to customers and members and help them better monitor their credit and benefit from anti-fraud identity monitoring.
  • In addition, Narmi will provide financial institutions access to Array’s actionable credit-based offers solution.
  • “Narmi provides regional financial institutions a modern API-driven platform that layers on top of existing banking infrastructure including account opening, consumer and business digital banking,” said Mario DeLecce, Head of Financial Institutions at Array.
  • “Narmi and Array are digital-first partners that can help regional financial institutions acquire and retain customers, scale operations, grow deposits, and provide a rich digital experience to younger customer segment that expects them.”

GTreasury Customer Christian Louboutin Earns Alexander Hamilton Award from Treasury & Risk for Intercompany Netting Success

Retrieved on: 
Monday, November 13, 2023

CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced Christian Louboutin is a 2023 Alexander Hamilton Award winner in the Working Capital & Payments category.

Key Points: 
  • CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced Christian Louboutin is a 2023 Alexander Hamilton Award winner in the Working Capital & Payments category.
  • The award highlighted Christian Louboutin’s strategic deployment of GTreasury Netting as part of its successful intercompany netting modernization initiative.
  • Christian Louboutin’s treasury leaders had sought a way to more accurately manage the impact of the brand’s many intercompany payments between subsidiaries without onerous manual processes.
  • We are proud of the success Christian Louboutin has achieved, and look forward to continuing to work together closely.”

Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions

Retrieved on: 
Tuesday, December 5, 2023

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions.

Key Points: 
  • Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions.
  • The Q2 and Array partnership started when Array became a Q2 Innovation Studio Accelerator Partner.
  • Today, Array’s My Credit Manager is pre-integrated into Q2’s digital banking platform, allowing financial institutions to quickly add the Array solution to their dashboards and put powerful financial wellness tools at the fingertips of their account holders.
  • We are thrilled to be taking this important step with Q2 and look forward to empowering more financial institutions and their customers in the journey to financial wellness.”