Alkami Technology, a leading provider of cloud-based digital banking solutions, has announced plans for a secondary offering of 7.5 million shares of its common stock. The offering will be led by J.P. Morgan Securities LLC and involves the sale of shares by existing investors. Alkami will not be selling any shares in the offering and will not receive any proceeds from the sale.
Results for: Financial Institutions
The Reserve Bank of India (RBI) is seeking a new deputy governor to replace Michael Patra, whose term ends in January 2025. The advertisement for the position, released on Monday, details the qualifications required for the role, including extensive experience in public administration or finance. The new deputy governor will be responsible for crucial departments like monetary policy and economic research, and will be eligible for re-appointment.
Epson has introduced two new desktop check scanners, the TM-S1000II and TM-S1000II-NW, designed to enhance the check processing experience for financial institutions and their business customers. These scanners offer advanced features like driverless Web API, multiple connectivity options, and fast scanning speeds, making them ideal for Remote Deposit Capture (RDC) and back-office capture solutions.
Goldman Sachs has hired veteran investment banker Matt Beitzel from Citigroup to lead its dealmaking efforts with banks and financial services firms across the Americas. This appointment follows a series of recent senior leadership changes within the bank’s investment banking team, signaling a focus on growth and strategic partnerships.
KPMG’s survey highlights a significant increase in crypto adoption in Canada, with more financial institutions offering crypto services and institutional investors adding digital assets to their portfolios. In 2023, 22% more financial institutions in Canada provided crypto services, and 26% more institutional investors invested in cryptocurrencies. The survey also indicates that nearly 40% of institutional investors had direct or indirect exposure to cryptocurrencies in 2023, up from 31% in 2021.