2011 New Year Honours (New Zealand)

Fintainium And Aspire Fund Management Announce Intent To Launch Joint Venture

Friday, October 22, 2021 - 3:36pm

As a result, Fintainium enhances back-office operations for institutions and streamlines working capital management for end-users.

Key Points: 
  • As a result, Fintainium enhances back-office operations for institutions and streamlines working capital management for end-users.
  • Kerwyn Valley, Aspire's Managing Director, remarked, "We are excited about the possibilities that a joint venture between our two companies can create.
  • The combination of Fintainium's technology and the brand name of Aspire Fund Management will create a powerful growth vehicle for CARICOM and LATAM.
  • Aspire bridges the gap between innovative entrepreneurs needing capital and investors looking to intelligently fund worthy businesses to create returns above benchmark indexes.

A $17.1 Billion Global Opportunity for Mobile TV by 2026 - New Research from StrategyR

Thursday, October 21, 2021 - 4:11pm

SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile TV - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile TV - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Mobile TV estimated at US$10.5 Billion in the year 2020, is projected to reach a revised size of US$17.1 Billion by 2026, growing at a CAGR of 8.2% over the analysis period.
  • The U.S. Market is Estimated at $3.1 Billion in 2021, While China is Forecast to Reach $3.6 Billion by 2026
    The Mobile TV market in the U.S. is estimated at US$3.1 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

OFG Bancorp Reports 3Q21 Results

Wednesday, October 20, 2021 - 12:00pm

OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the third quarter ended September 30, 2021.

Key Points: 
  • OFG Bancorp (NYSE: OFG), the financial holding company for Oriental Bank, reported results for the third quarter ended September 30, 2021.
  • OFG is strategically well-positioned to continue to benefit from and play a major role supporting the economic development of the communities we serve.
  • A conference call to discuss 3Q21 results, outlook and related matters will be held today at 10:00 AM ET.
  • Now in its 57th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations.

Caterpillar Names First Chief Sustainability & Strategy Officer and Will Enhance Climate-Related Disclosures

Friday, October 15, 2021 - 2:00pm

DEERFIELD, Ill., Oct. 15, 2021 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is creating the position of Chief Sustainability & Strategy Officer, enhancing its environmental, social and governance (ESG)-related disclosures and tying a portion of executive compensation to ESG.

Key Points: 
  • DEERFIELD, Ill., Oct. 15, 2021 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) is creating the position of Chief Sustainability & Strategy Officer, enhancing its environmental, social and governance (ESG)-related disclosures and tying a portion of executive compensation to ESG.
  • "Sustainability is an important element of our long-term strategy for profitable growth," said Caterpillar Chairman and CEO Jim Umpleby.
  • The company is announcing three key actions:
    Caterpillar is establishing the new leadership position of Chief Sustainability & Strategy Officer reporting directly to the Chairman & CEO.
  • Julie Lagacy, current vice president of the Enterprise Strategy Division, will assumeadditionalresponsibilities as the Chief Sustainability & Strategy Officereffective November 1, 2021.

Vintage Investment Partners Announces the Appointment of Keren Terner, Former Director General of the Israeli Ministry of Finance, as its Chief Operating Partner

Friday, October 15, 2021 - 1:00pm

HERZLIYA, Israel, Oct. 15, 2021 /PRNewswire/ --Vintage Investment Partners, a global technology investment firm, managing $3 billion, announced today that Keren Terner has joined the firm as its Chief Operating Partner.

Key Points: 
  • HERZLIYA, Israel, Oct. 15, 2021 /PRNewswire/ --Vintage Investment Partners, a global technology investment firm, managing $3 billion, announced today that Keren Terner has joined the firm as its Chief Operating Partner.
  • Ms. Terner recently served as Director General of the Israeli Ministry of Finance, leading the Ministry during the height of the Covid-19 crisis.
  • She arrived at the Ministry of Finance after serving as the Director-General of the Ministry of Transportation.
  • "We are thrilled to welcome Keren to the Vintage team," said Alan Feld, Founder and Managing Partner of Vintage.

Caterpillar Inc. to Announce Third-Quarter 2021 Financial Results on October 28

Thursday, October 14, 2021 - 2:00pm

DEERFIELD, Ill., Oct.14, 2021 /PRNewswire/ --Caterpillar Inc. (NYSE: CAT) will release third-quarter 2021 financial results at 5:30 a.m. CDT on Thursday, October 28.

Key Points: 
  • DEERFIELD, Ill., Oct.14, 2021 /PRNewswire/ --Caterpillar Inc. (NYSE: CAT) will release third-quarter 2021 financial results at 5:30 a.m. CDT on Thursday, October 28.
  • The release will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K in compliance with applicable SEC rules.
  • A real-time, listen-only teleconference and webcast of the quarterly results call that Caterpillar conducts with securities analysts and institutional investors will begin at 7:30 a.m. CDT on Thursday, October 28.
  • Since 1925, we've been driving sustainable progress and helping customers build a better world through innovative products and services.

White Paper: Gen Z And Millennial Perspectives On Emerging Trends In Banking And Finance

Wednesday, October 13, 2021 - 3:00pm

Generational Differences in Banking Habits:Only 47% of Gen Z respondents claimed to have an account with a traditional bank, credit union, neobank or technology company.

Key Points: 
  • Generational Differences in Banking Habits:Only 47% of Gen Z respondents claimed to have an account with a traditional bank, credit union, neobank or technology company.
  • Attitudes Toward Financial Apps: More than 80% of Gen Z and millenials are using a money transfer app.
  • Among Gen Z and millenials, "rates, products, services and special offers" was the second-most-important category.
  • Approximately 40% of the responses come from the Gen Z segment, 40% from the millennial segment, and 20% from the baby boomer segment.

Spyros Svoronos Joins Lazard as a Managing Director, Global Head of Chemicals, Financial Advisory

Wednesday, October 13, 2021 - 11:49am

Lazard Ltd (NYSE: LAZ) announced today that Spyros Svoronos has joined Lazards Financial Advisory business as a Managing Director and Global Head of Chemicals, effective immediately.

Key Points: 
  • Lazard Ltd (NYSE: LAZ) announced today that Spyros Svoronos has joined Lazards Financial Advisory business as a Managing Director and Global Head of Chemicals, effective immediately.
  • Based in New York, Mr. Svoronos joins from Credit Suisse, where he served as Head of the Global Industrials Group, Americas and Global Head of Chemicals.
  • Richard Whitney, who has served as Lazards Global Head of Chemicals for ten years, will become a Vice Chairman of Investment Banking.
  • Mr. Svoronos joins Lazard from Credit Suisse, where he was Head of the Global Industrials Group, Americas, since 2017 and Global Head of Chemicals since 2011.

Lendflow Closes $10.8 Million Series A Financing to Turn Any Company into a Fintech

Wednesday, October 13, 2021 - 1:00pm

Underscore VC led the financing, which brings its total funding raised since its 2019 inception to over $13 million.

Key Points: 
  • Underscore VC led the financing, which brings its total funding raised since its 2019 inception to over $13 million.
  • Uncorrelated Ventures, Y Combinator, 2048 Ventures, Knoll Ventures, I2BF, Hack VC and Navitas Capital also participated in the latest round.
  • Lendflow enables every SaaS company to become a fintech.
  • "Lendflow has helped us expand our reach into new markets by enabling us to quickly launch a robust capital program.

Privacy Risks in IRS Banking Transaction Reporting Avoidable: Industry Experts

Thursday, October 7, 2021 - 6:00pm

"The IRS doesn't need to know when you move money between your bank accounts or pay down your credit card," says banking industry expert Dave McNab, CEO of FlowTracker Analytics.

Key Points: 
  • "The IRS doesn't need to know when you move money between your bank accounts or pay down your credit card," says banking industry expert Dave McNab, CEO of FlowTracker Analytics.
  • "But they do want to know when taxpayer returns don't line up with banking activity.
  • Reporting every banking transaction over $600 (including personal identity information) to the IRS would create a gold mine of private data in the Treasury Department, with the risk of abuse or loss to hackersposing serious privacy risks to everyone in the U.S.
  • McNab and his team have reached out to interested Financial Services Industry organizations, Members of Congress, and the Press to raise awareness of both the risks and challenges of Treasury's proposed banking transaction reporting requirements, and to ensure the benefits of reporting money flows instead are fully considered.