Tag: finance

July 26, 2024

Profile says its Finuevo Suite covers “the entire range of financing processes”. It includes the core banking platform Finuevo Core, which “accommodates a wide range of banking products and operations”, and its digital banking platform Finuevo Digital, which “supports all required […]

July 25, 2024

Open finance is transforming the financial services sector, extending data sharing and interoperability to a wider range of products and services. With technology at its center, open finance is creating an inclusive, innovative, customer-centric financial ecosystem, and the payments space […]

July 25, 2024

The Rev. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from his church’s accountant with some bad news. Church Mutual, the church’s insurance company, had dropped them. “This does not make […]

July 24, 2024

The new collaboration will see Network International provide DTB with a suite of digital payment solutions backed by a range of “robust security protocols”, including fraud prevention and 3D Secure authentication. The bank will also utilise Network International’s platform for […]

July 23, 2024

Bank of Clarke customers can now register online for a complimentary Greenlight subscription and link their Bank of Clarke account as a funding source. With this move, the company becomes the first community bank in Virginia to connect with Greenlight’s […]

July 23, 2024

U.S. Bank today introduced a comprehensive accounts receivable (AR) platform to help suppliers accelerate cash flow, cut costs through automation and deliver better payment experiences. Created in partnership with Billtrust, U.S. Bank Advanced Receivables brings together the bank’s leading payment and risk management […]

July 22, 2024

Law enforcement officials are continuing to investigate a July 13 shooting at a Butler, Pa. rally for former President Donald Trump’s 2024 election campaign. During the incident, the former president was injured, one spectator was killed, and two more were […]

July 19, 2024

Gold posted a fresh multi-decade high earlier this week, breaking out of a range that has held since late March. A break above the 20-day and 50-day moving averages at the start of the month allowed the precious metal to test […]

July 18, 2024

The European Central Bank left all three key ECB interest rates unchanged today, fully in line with market expectations. The ECB recognised that some measures of underlying inflation ‘ticked up in May’ but added that ‘most measures were either stable […]

July 17, 2024

U.S. Bancorp (USB) shares surged in intraday trading Wednesday after the bank holding company’s second-quarter results beat analysts’ expectations on the top and bottom lines.1 The company reported earnings per share (EPS) of $0.97 on revenue of $6.87 billion, above […]

July 16, 2024

The pair formalised their partnership by signing a Memorandum of Understanding (MoU) in Zurich this month. The agreement will see the Paris-headquartered group leverage the services of Alipay+, Ant Group’s cross-border digital payments solutions firm, to enable merchants who use the […]

July 15, 2024

With the increasingly 24/7 role of treasurers in mind, Bank of America is tackling payments pain points to modernize its CashPro digital banking platform that is used by about 40,000 companies and corporations. The Charlotte, North Carolina-based bank said it […]

July 15, 2024

Tyfone says the credit union chose its tech for its “configurability and ability to meet the digital needs of both members and small and medium-sized businesses (SMBs) in its community”. The digital banking technology provider adds that the API-driven nFinia […]

July 12, 2024

The Kuala Lumpur-headquartered commercial bank will make use of the vendor’s B2B payments platform as part of the deal. The platform claims to converge payment processes across both high and low-value payments, corporate and retail internet banking, ATMs and through […]

July 11, 2024

Introduction Trading, whether it be in stocks, products, or monetary standards, is a training as old as business itself. While the mechanics of Trading have advanced decisively throughout the long term, the essential rules that oversee The Ethics of Trading stay imperative […]

July 11, 2024

Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who had coverage. Fifth Third also agreed to pay a $15 million fine for illegal sales practices. The Cincinnati, Ohio-based bank […]

July 9, 2024

The Switzerland-headquartered company is set to integrate Volante’s Payments-as-a-Service (PaaS) tech into its core banking infrastructure to help ensure compliance with the European Commission’s incoming SEPA instant payments mandate. The cloud-native, API-driven solution allows for real-time payment processing with transaction confirmation […]

July 9, 2024

The Bank of Japan’s most recent summary of market opinions, released earlier today, has highlighted a growing consensus among bond market participants: the need to curtail the central bank’s bond-purchasing program. While the BoJ currently acquires bonds worth about 6 […]

July 8, 2024

Gold prices are under slight pressure as China’s central bank – the People’s Bank of China (PBoC) – holds off on purchases for the second straight month. This absence of a significant buyer – the PBoC have been a constant […]

July 5, 2024

Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought. Finance Minister Mthuli Ncube told reporters on Thursday in […]