US community banks forge Alloy Labs Alliance

November 8, 2018

Category: Channels

Fintech Forge will manage the alliance, and Crowe LLP, a public accounting, consulting and technology firm, will provide advice and services regarding regulatory and compliance matters. “No bank wants to be the next Sears. To survive, every bank needs to […]

US trade deficit rises more than expected in October and is now up 10% for 2018

November 2, 2018


The U.S. goods and services deficit increased more than expected in September amid escalating tensions with its global trading partners. The shortfall rose to $54 billion for the month, a 1.3 percent increase, or $700 million, from August and reflective […]

There are silver linings in the cryptocurrency cloud, analyst says

October 26, 2018

Category: Activity, Trading

Major digital coins traded largely unchanged Friday, continuing a run of subdued volatility that some traders undoubtedly find eerie. In Friday trading a single bitcoin BTCUSD, +0.04% was trading at $6,452.68, up 0.3% since Thursday at 5 p.m. Eastern Time […]

Business banking, Products

American Express launches new Business Gold Card with flexible repayment feature

November 8, 2018

Via: Market Watch

American Express AXP, +2.22% on Thursday announced a new card for small businesses that aims to provide them more flexibility over their spending. The Business Gold Card, which has an annual fee of $295, blends elements of both charge cards […]

Business banking, Products

Lloyds invests in cloud-based core banking startup Thought Machine

November 7, 2018

Via: Finextra

Set up by a gaggle of former Google engineers, Thought Machine has spent the last few years trying to solve one of the biggest problems in banking: how to replace the decades old legacy core systems which hamper the delivery […]

Activity, Trading

Bitcoin trades to 3 1/2-week high above $6,500

November 7, 2018

Via: Market Watch

Bitcoin prices moved higher Wednesday, trading above $6,500 for the first time since mid-October. A single bitcoin BTCUSD, +1.13% was last changing hands at $6,523.57, up 1.3% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange. The move […]