financial
iRhythm Technologies names new chief financial officer
iRhythm Technologies (NSDQ:IRTC) this week said it appointed Douglas Devine as chief financial officer, effective June 22. Devine succeeds Matthew Garrett who announced his intention to step down. Garrett will assist in the transition of CFO responsibilities and will remain at the company under an advisory role for up to a year. “On behalf of everyone …
Philly’s home health workers work through pandemic out of compassion, financial pressures
Ellis is among the estimated 75,000 home health aides in Pennsylvania, many of whom are working through the pandemic out of compassion, financial pressures, or both. Pre-pandemic, the job was labor-intensive and thin on rewards. Pay is generally poor in a field overwhelmingly staffed by women; paid time off and employer-provided health care are rare, …
Authoriti Launches COVID-19 eHealth Certificates Based on Its Smart Pin Technology for Financial Transactions
NEW YORK, June 01, 2020 (GLOBE NEWSWIRE) — The Authoriti Network (“Authoriti”), an innovative provider of transaction security solutions, today announced it has repurposed its financial transaction smart PIN technology to serve as the basis for COVID-19 eHealth certificates. The Authoriti eHealth certificate provides a way for certified labs, contact tracers, and apps to generate …
Lake Oswego financial technology company Vesta sells majority stake for $125 million
Vesta, a fraud protection and electronics payment company in Lake Oswego, said this week that it has sold a majority stake in the business for $125 million. The buyer is Goldfinch Partners, a Seattle private equity founded in 2018. Previously, Vesta’s ownership was split among a number of shareholders – none of whom owned more …
Firsthand Technology Value Fund Announces First Quarter Financial Results, NAV of $11.58 per share Nasdaq:SVVC
SAN JOSE, Calif., May 11, 2020 (GLOBE NEWSWIRE) — Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC) (the “Fund”), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the first quarter ended March 31, 2020. As of March 31, 2020, the Fund’s net assets were approximately …
Democratizing Financial Technology for Smarter Investing
Current trading analytics tools for retail investors provide limited insights, while professional platforms used by financial institutions are too expensive. Studies show that 90% of retail traders lose money, and one of the reasons is the lack of access to technology. Machines perform over 80% of trades in the financial markets. Therefore, to generate profits consistently, nowadays …
Work from home and technology combine in financial services
While social distancing and the economic slowdown in response to the COVID-19 outbreak forced many businesses to embrace the work-from-home concept, it’s a concept that is far from brand new although it was not even close to being as ubiquitous as it has become. In September 2019, the U.S. Bureau of Labor Statistics published a …
Financial services consultancy Capco partners with Stevens Institute of Technology
Capco, a global management and technology consultancy focusing on financial services, has partnered with Stevens Institute of Technology, a Hoboken, New Jersey-based technology research university. The three-year partnership will promote research and education for the technology requirements of the financial services industry. Capco will help develop a certificate program in financial analytics at the private …
Gala Technology partners with Paysafe to offer multi-channel payment options
Leading specialised payments platform Paysafe Group (Paysafe) announces a partnership with Gala Technology, the innovative Yorkshire-based company behind the multi-award winning ‘Cardholder Not Present’ (CNP) payment solution, SOTpay. SOTpay enables cardholders to complete secure remote transactions, while remaining in control of their sensitive card information on their personal device. Transactions are fully authenticated and …
New Orleans economists break down newest financial relief package
SHAY O’CONNOR, WDSU NEWS. SHERMAN: THANKS. MORE HELP IS ON THE WAY FOR SMALL BUSINESSES AFTER THE FEDERAL GOVERNMENT APPROVES ANOTHER RELIEF PACKAGE. UNDER THE NEW $484 BILLION PACKAGE, $310 BILLION IS DEDICATED TO FUNDING THE PAYROLL PROTECTION PROGRAM FOR SMALL BUSINESSES OR PPP. $60 BILLION IS RESERVED FOR SMALL LENDERS AND COMMUNITY BANKS. LOCAL …
