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Tag: Featured


Business banking, Products

Huawei battles for European banks’ trust

November 13, 2018

Via: Banking Technology

Huawei’s Enrique Marron Caballero, finance solution director, Western Europe (ex-Santander), admits that bank executives “won’t be fired if a traditional US provider fails [on a project]”. Huawei has typically started with “foundation platforms” such as storage and wifi for banks, […]


Activity, Trading

Stay bearish because the ‘Big Low’ for stocks hasn’t arrived yet, says Bank of America

November 13, 2018

Via: Market Watch

For investors, it may be a case of nowhere to run, nowhere to hide. So says CNBC’s “Mad Money” host Jim Cramer, who warned Monday of a very “serious correction” in a day that saw the Dow skid 600 points […]


Capital and risk, Credit

This government mortgage program helps veterans with spotty credit history and gets better results

November 12, 2018

Via: Market Watch

Greg Sohnrey came home from Iraq in 2010 so badly injured the Veterans Administration said the then-30-year-old would never work again. But for Sohnrey, that experience paled next to losing a baby daughter, then watching two young sons go under […]


Activity, Trading

What plunging oil prices may be telling us about the stock market and global economy

November 12, 2018

Via: Market Watch

What the heck happened to oil prices? But more significantly, what does it mean for the broader stock market and the global economy? That is what has some Wall Street investors scratching their noggins, as crude futures and U.S. stocks […]


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, Corporate banking

Crypto bank Nebeus raises £1m funding

November 6, 2018

Via: Banking Technology

The platform, which is backed by “King of the Disruptors”, Brett King, has been doing pretty well. It was founded in 2014, but has been trading since 2017. Since that time it has transacted more than €34 million to date […]


Business banking, Capital and risk, Liquidity, Products

Liquidnet adds emerging market bonds to fixed income platform

November 6, 2018

Via: Finextra

This latest addition comes amid growing institutional investor appetite for emerging markets bonds as they seek to diversify their portfolios and access growth opportunities in fixed income markets outside of North America and Europe. Liquidnet’s Member firms can now trade […]


Business banking, Products

Visa and Billtrust team to digitise US B2B payments with Business Payments Network

November 5, 2018

Via: Banking Technology

The new project builds on the “strategic relationship” by the two firms embarked on in 2017. It started with the integration of Billtrust’s Virtual Card Capture and Visa’s Straight Through Processing solution. “Billtrust’s BPN will further the multipronged strategy Visa […]


Activity, Trading

Bitcoin futures volatility sets record low

November 5, 2018

Via: Market Watch

Bitcoin opens Monday where it has kicked off the majority of recent sessions, trading mostly unchanged. Early Monday a single bitcoin BTCUSD, -0.10% was fetching $6,423.21, down 0.1% since 5 p.m. Eastern Time on Sunday on the Kraken crypto exchange. […]


Capital and risk, Macroeconomic

Wages and salaries jump by 3.1%, highest level in a decade

October 31, 2018

Via: CNBC

Employment costs rose more than expected in the third quarter in a sign that more inflation could be brewing in the U.S. economy. The Labor Department’s employment cost index rose 0.8 percent for the period, ahead of the estimate of […]