Top

Activity, Trading

5 Major Bank Stocks Poised to Beat Earnings Estimates in Q4

January 11, 2019

Via: Yahoo

The Q4 earnings season is just around the corner and investors are eagerly waiting for the results of the mega banks, which remained in the spotlight throughout the quarter for a number of reasons. Heightening concerns about rising interest rates, […]


Capital and risk, Macroeconomic

US weekly jobless claims fall more than expected

January 10, 2019

Via: CNBC

The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to a strengthening labor market that could further ease concerns about the economy’s health. Initial claims for state unemployment benefits fell 17,000 to a […]


Activity, Trading

Bitcoin tumbles 5% as broader crypto market loses nearly $10 billion

January 10, 2019

Via: Market Watch

Cryptocurrency prices are trading sharply lower on Thursday, with some major coins recording double-digital losses. In Thursday trading a single bitcoin, BTCUSD, -5.42% the largest cryptocurrency, was fetching $3,810.53, down 5.4% since Wednesday’s level at 5 p.m. Eastern Time on […]


Capital and risk, Macroeconomic

Trump is probably going to get his way with the Federal Reserve this year

January 9, 2019

Via: CNBC

As President Donald Trump jawbones the Federal Reserve, the likelihood that he’s going get what he wants this year from the central bank continues to grow. Markets expect the Fed to hold off on rate hikes and are even anticipating […]


Products, Retail banking

US bank customers enter Glassbox’s digital world of pane

January 9, 2019

Via: Banking Technology

According to Glassbox, its analytics platform allows users to capture, index, search, retrieve, replay and drive real-time machine learning-driven insights from data related to digital customer journeys. The idea is to enable “online customer experience professionals to receive automatic alerts […]


Products, Retail banking

Core Retail rolls out cheque fraud protection tech

January 9, 2019

Via: Finextra

UCN Plus ® – patents pending – was officially launched last month by The TALL Group of Companies, the UK’s leading provider of secure electronic and paper payments solutions, and DIA Europe, providers of the Kappa cheque fraud prevention platform. […]


Activity, Insurance

California Prohibits Auto Insurers From Considering Gender When Setting Prices

January 8, 2019

Via: Insurance Journal

Consumer groups applauded the outgoing California insurance commissioner for adopting regulations to prohibit gender use in auto insurance pricing in California. Outgoing California Insurance Commissioner Dave Jones issued an order to put into effect rules which the groups say will […]


Capital and risk, Operational

Seven Bank ATMs go biometric for account opening

January 8, 2019

Via: Banking Technology

Japan’s Seven Bank will equip its ATMs with face recognition capabilities to let users open bank accounts on the spot. According to Japan Today and sources close to the matter, the tech could be coming in the autumn. Although the […]


Capital and risk, Credit

JPMorgan Chase Agents $3.65B Revolver for Shopping Network QVC

January 7, 2019

Via: ABF Journal

QVC refinanced its senior secured credit facility, replacing its $2.65 billion bank credit facility with a new amended and restated multi-currency revolving credit facility which provides a line of credit of up to $3.65 billion. According to the related 8-K […]


Products, Regulations, Retail banking

USAA customers to get $12m back for payment errors

January 7, 2019

Via: Banking Technology

USAA Federal Savings Bank has been ordered to pay $12 million in restitution to customers and got hit with a $3.5 million fine for its unusual payment behaviour. In its consent order, the Consumer Financial Protection Bureau (CFPB) says it […]