StoneX Payments Appointed by Bank Mendes Gans to Power Global Cross-border Payment Expansion
Globenewswire· 2025-08-26 08:43
Core Insights - StoneX Group Inc. has announced a strategic partnership with Bank Mendes Gans to enhance cross-border payment capabilities in thinly traded currencies [1][2] - The collaboration will leverage StoneX Payments' technology and expertise to improve BMG's payment infrastructure and liquidity management services [2][4] Company Overview - StoneX Group Inc. operates a global financial services network, providing digital platforms, clearing and execution services, and market risk management solutions [5] - The company serves over 54,000 commercial and institutional clients, with more than 400,000 retail accounts across 40 offices worldwide [5] Partnership Details - The partnership will enable BMG to process international payments in over 140 currencies across 180 countries, utilizing StoneX Payments' API-driven platform [2][3] - StoneX Payments' infrastructure will facilitate faster settlement times, payment data validation, and competitive foreign exchange rates, addressing inefficiencies in traditional banking systems [3][4] Strategic Impact - The collaboration is expected to broaden BMG's liquidity management capabilities and enhance the flexibility and transparency of international transactions [4] - The partnership will also introduce new currency corridors and expand BMG's reach into underserved and emerging markets [3]
Top Wall Street Forecasters Revamp nCino Expectations Ahead Of Q2 Earnings
Benzinga· 2025-08-26 08:41
nCino, Inc. NCNO will release earnings results for the second quarter, after the closing bell on Tuesday, Aug. 26.Analysts expect the Wilmington, North Carolina-based company to report quarterly earnings at 14 cents per share, versus 14 cents per share in the year-ago period. nCino projects to report quarterly revenue of $143.17 million, compared to $132.4 million a year earlier, according to data from Benzinga Pro.On May 28, Ncino posted better-than-expected first-quarter sales.nCino shares fell 2.4% to cl ...
Prediction: 2 Stocks That'll Be Worth More Than Berkshire Hathaway 5 Years From Now
The Motley Fool· 2025-08-26 08:40
These two megacap stocks have Berkshire Hathaway in their sights.Berkshire Hathaway (BRK.B -0.56%) (BRK.A -0.64%) is a legendary stock with decades of above-average performance. Yet, even legends can fade. And, in recent years, it seems as though more and more stocks are surpassing Berkshire's market cap.For example, 10 years ago, Berkshire's market cap stood at around $330 billion. There were only a few American companies with a higher market cap: Apple ($640 billion), Alphabet ($420 billion), and Microsof ...
1 No-Brainer AI Stock to Buy Right Now
The Motley Fool· 2025-08-26 08:35
Forget Nvidia: This tech stock has the scale, data, and cash to turn today's AI spend into years of compounding value -- and shares look attractively priced.Meta Platforms (META -0.15%) is one of my top picks for investors seeking exposure to artificial intelligence (AI) without chasing speculation. The company already embeds AI in safety, ads, and even the user experience across Facebook, Instagram, WhatsApp, and Messenger. But there's another Meta app that has largely gone under the radar (for now) -- and ...
Carlyle to Acquire intelliflo from Invesco
Prnewswire· 2025-08-26 08:30
Core Viewpoint - Carlyle has agreed to acquire intelliflo from Invesco, enhancing its position in the UK financial advisory software market and expanding into Australia [1][3]. Company Overview - Carlyle is a global investment firm with $465 billion in assets under management as of June 30, 2025, focusing on private capital across various sectors [8]. - Invesco is a global independent investment management firm managing $2 trillion in assets as of June 30, 2025, offering a range of investment capabilities [11]. - intelliflo, founded in 2004, provides cloud-based practice management software for independent financial advisors in the UK, supporting over 30,000 users and managing approximately £450 billion in client assets [3][9]. - RedBlack, a US-based subsidiary of intelliflo, specializes in SaaS-based portfolio rebalancing tools and will operate as a standalone business post-acquisition [1][4][10]. Transaction Details - The acquisition price is up to $200 million, consisting of $135 million at closing and up to $65 million in potential future earn-outs [2]. - The transaction is expected to close in the fourth quarter of 2025, subject to certain conditions [2]. Strategic Implications - The acquisition aims to strengthen intelliflo's market position in the UK and accelerate growth in Australia, while RedBlack will focus on the US market [4]. - Carlyle will support the separation of both businesses from Invesco and partner with their leadership teams to drive growth initiatives [4][6]. Market Position - intelliflo's platform integrates with over 120 third-party applications, providing comprehensive solutions including CRM, financial planning, and compliance workflows [3]. - RedBlack supports over $825 billion in assets across its platforms, emphasizing its role in the wealth management industry [10].
2 Safe Dividend Stocks to Buy Now That Could Help You Protect and Grow Your Wealth
The Motley Fool· 2025-08-26 08:25
These low-risk stocks can provide you with reliable and steadily growing passive income.Diversification and dividends can be investors' best friends. A well-chosen collection of dividend stocks could safeguard your hard-earned money and help you build lasting wealth.To aid your search for these passive income generators, here are two top dividend-growth stocks that are particularly attractive buys today. Dividend stock to buy No. 1: Walt DisneyFrom theme parks to cruise ships to streaming video services, Wa ...
This Beaten-Down Growth Stock Could Soar 32%, According to Wall Street
The Motley Fool· 2025-08-26 08:23
A tiny sliver of the cloud computing market could allow this service provider to grow by leaps and bounds.If you're like most investors, you're already familiar with the big three cloud service providers -- Amazon, Microsoft, and Alphabet. Many of the world's largest online businesses run on these three platforms, but most small to medium-sized businesses (SMBs) can't justify their cost.DigitalOcean (DOCN -1.38%) is a cloud computing service provider for heaps of SMBs that can't swallow the expenses they'd ...
Temenos Earns 2025 Great Place To Work Certification™ Across 10 Countries
Globenewswire· 2025-08-26 08:22
Core Insights - Temenos has been recognized as a Great Place To Work in 10 countries, with 84% of employees affirming it is a great workplace [1][3] - Temenos France achieved 17th place in the Best Workplaces France 2025 and was included in the Great Place to Work® in Tech list [2] - The company emphasizes employee experience through various initiatives, including flexible working practices and mental health support [3][4] Employee Feedback and Recognition - 84% of employees across 10 countries believe Temenos is a great place to work, highlighting strong employee satisfaction [1] - Temenos France's recognition in the Best Workplaces France 2025 reflects the company's commitment to workplace culture [2] Company Initiatives - Temenos prioritizes employee experience with initiatives such as caregiver leave, mental health recharge days, and flexible hybrid working arrangements [3] - The company aims to create a culture of empowerment and accountability to attract and retain top talent [3] Industry Context - Great Place To Work research indicates that job seekers are 4.5 times more likely to find a great boss at a certified workplace, and employees at these workplaces are 93% more likely to look forward to work [5] - Temenos is positioned as a leader in banking technology, providing adaptable solutions for banks of all sizes [5]
Robex remains on track for first gold at Kiniero in Q4 CY2025
Globenewswire· 2025-08-26 08:21
Core Viewpoint - Robex Resources Inc is on track to achieve its first gold pour at the Kiniero Gold Project in Guinea by Q4 CY25, with construction progressing well and remaining within budget and schedule [9][25]. Construction Progress - Construction at the Kiniero Gold Project is on schedule, with significant milestones achieved, including 3,917,695 hours worked since January 2023 without lost time injuries [3]. - Concrete works for the process plant and power station are nearing completion, with the oxide crusher ROM wall and power station fuel tanks expected to be finalized in August 2025 [12]. - Field erected tankage is 83% completed, and both CIL tank trains have been completed with intertank launders installed [3][13]. - The Structural, Mechanical & Piping (SMP) works are progressing well, with 370 tonnes (22% complete) erected or preassembled [15]. Drilling and Analysis - Drilling at the Sabali pit continued, with 35,518 meters drilled in July 2025, and 32,184 samples pending analysis [3][11]. - Grade control drilling has focused on Sabali, with results expected to be released in the coming weeks [11]. Equipment and Contractor Mobilization - Mobilization of the Mining Services Contractor is progressing as planned, with 70% of Tranche 1 equipment delivered to the site [19]. - The electrical team is actively working on cable ladder installations, with all switchroom ladder installations nearing completion [17]. Next Steps - The company plans to continue the erection of steelwork within the process plant, mechanical equipment installation, and commence piping installation as materials arrive [24]. - The laboratory and power station operation and maintenance contracts are set to be awarded, alongside ongoing mining development works and drilling at the Sabali pit [24].
Robex remains on track for first gold at Kiniero in Q4 CY2025
GlobeNewswire News Room· 2025-08-26 08:21
Core Viewpoint - Robex Resources Inc is on track to achieve its first gold production at the Kiniero Gold Project in Guinea by Q4 CY25, with construction progressing well and remaining within budget and schedule [12][30]. Construction Progress - Construction at the Kiniero Gold Project is on schedule, with significant milestones achieved, including 3,917,695 hours worked since January 2023 without lost time injuries [4]. - Concrete works for the process plant and power station are nearing completion, with the oxide crusher ROM wall and power station fuel tanks expected to be finalized in August [15]. - Field erected tankage is 83% completed, and both CIL tank trains have been completed with intertank launders installed [16]. - The SAG mill installation is progressing, with six shell segments erected and flange bolting ongoing [18]. Drilling and Analysis - Drilling at the Sabali pit has continued, with over 35,000 meters drilled in July, and results are pending analysis [14]. - The company anticipates releasing results from the Sabali drilling program in the coming weeks [14]. Equipment Mobilization - The mobilization of the Mining Services Contractor is progressing as planned, with 70% of Tranche 1 equipment delivered to the site [22]. - The remaining equipment for Tranche 1 is expected to arrive by August 30, 2025, with Tranche 2 delivery planned for September 30, 2025 [22]. Next Steps - The company plans to continue the erection of steelwork within the process plant, mechanical equipment installation, and piping installation as materials arrive on site [29]. - The completion of the power station building steel erection and the commencement of auxiliary equipment installation are also on the agenda [29].