Saturday, Mar 21, 2026

International Finance

Category : Fintech

Fintech

Bids for Yahoo lower than expectation

International Finance Desk
by International Finance Desk
FM Correspondent The figures in the ongoing auction process are not going beyond $3 billion May 23, 2016: It is not-so-good news for Yahoo. Bids for the net company may not be as high as it would have hoped for. Verizon, which has been a favourite in the ongoing auction process, is expected to offer...
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Fintech

TSYS enhances real-time fraud capabilities

International Finance Desk
by International Finance Desk
Collaboration with Featurespace to provide next-generation detection May 20, 2016: TSYS announced an agreement with Featurespace, a global leader in adaptive behavioural analytics, that will reduce fraud for its clients with a revolutionary machine learning software platform — the ARIC engine — that monitors every individual — one customer at a time — to deliver...
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Fintech

CENX awarded Tier-1 EMEA service provider contract

International Finance Desk
by International Finance Desk
Exanova Service Intelligence to orchestrate and assure on-demand services May 18, 2016: CENX the global leader of orchestrated service assurance and management solutions for physical and virtualised networks, announced the company has been selected by a Tier-1 global communications service provider, with headquarters in southern Europe, to orchestrate and assure on-demand cloud and data centre...
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Fintech

Drayson Technologies raises £8mn Series B round

International Finance Desk
by International Finance Desk
Company aims to power Internet of Things devices using recycled wireless energy May 16, 2016: Drayson Technologies Limited, the leading developer of radio frequency (RF) harvesting technology announces the completion of a Series B funding round of £8m led by existing investors Lansdowne Partners and Woodford Investment Management. Existing investors, new investors and staff participated...
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Fintech

Tech veterans to promote product startups

International Finance Desk
by International Finance Desk
Introduce Rs 125 crore fund called Ideaspring Capital IFM Correspondent April 27, 2016: In order to promote home-grown product startups, angel investors Naganand Doraswamy and Prashant Deshpande; T V Mohandas Pai, co-founder of venture capital firm Aarin Capital; Rajiv Mody, managing director of Sasken Technologies; and Amit and Arihant Patni, founders of Nirvana Venture Advisors...
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Fintech

BrickVest raises £1 million

International Finance Desk
by International Finance Desk
Platform has already attracted 1,120 international members April 22, 2016: BrickVest, the online pan-European real estate investment platform, announced that it has raised £1 million, closing two oversubscribed investments two months after launch. The platform has already attracted more than 1,120 international members. The BrickVest platform provides investors online access to institutional quality commercial real...
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Fintech

Yahoo not ready to reveal details on bids

International Finance Desk
by International Finance Desk
Reports first quarter earnings; results in line with analysts’ expectations IFM Correspondent April 20, 2016: Yahoo on Tuesday announced its first quarter earnings which were better than what Wall Street had estimated. The company posted adjusted first quarter earnings per share of 8 cents, compared to 15 cents per share in previous year.  Gross revenue...
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Fintech

Is anyone keen on Yahoo earnings?

International Finance Desk
by International Finance Desk
What will be of interest will be some sort of news on the bidders’ front IFM Correspondent April 19, 2016: Yahoo is all set to announce its first quarter earnings on Tuesday April 19. But perhaps, this is the first time in its history that not many will be keen on its top line or...
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Fintech

£390mn in foreign reserves languishing in British sock drawers

International Finance Desk
by International Finance Desk
Study suggests that millions in ‘leftover’ currency from holidays and trips abroad is discarded April 18, 2016: There could be a hidden cost of travel abroad – and it’s not what many of us would expect.  According to research from Xpress Money Services, up to £390million in unchanged foreign currencies remains tucked in jars and...
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