August 26, 2016 Financial News - Business News - Stock Exchange - NYSE - Market News

| August 26, 2016

article image
On Monday trading volume was extremely light and there wasn’t much economic data, however, U.S. crude dropped 3% to $47.05 a barrel and 10 year Treasuries yielded 1.54%, as investors basically waited for Janet Yellen’s speech on Friday. On Tuesday, the PMI manufacturing flash for August slowed by 8 tenths of a point to 52.1 and new home sales for July were up 12.4% to an annualized 654,000 units. This is the highest level of new home sales in almost 9 years.

Spotlight

Indo jatalia Securities P Ltd

Indo Jatalia Securities (Erstwhile known as ‘Raindrop Financial Services Private Limited’) is an emerging Financial Services Group of India. Indo Jatalia commenced its operations in 2007 as member of NSE. Indo Jatalia is a part of JATALIA GROUP OF COMPANIES, Which is diversified into International Trading, Import-Export & Manufacturing. This year has been an action-packed year for Jatalia Group. Indo Jatalia has now memberships of BSE, MCX, NCDEX & Depository Participant of CDSL. The promoters of Indo Jatalia have diversified experience of the capital markets.

OTHER ARTICLES

5 Ways AI can Transform Fintech Industry

Article | February 25, 2020

Fintech is one of the fastest-growing industries, owing to the rising penetration of internet users. There is a paradigm shift to mobile devices for performing financial transactions and related actions. Behind the booming fintech market, there are several technologies that are contributing to making the system fast, secure, and scalable. One such technology is Artificial Intelligence (AI). The AI in the fintech market is estimated to reach USD 35.40 billion by 2025 ( Mordor Intelligence).

Read More

How Data Aggregators Are Using Blockchain To Empower Fintech Players

Article | March 1, 2020

People know their banks and their favorite fintech applications. However, consumers are generally not aware of data aggregators like Plaid and Finicity, which collect consumer data from banks, crunch it and feed it to fintech applications. Blockchain technology can play a key role in helping data aggregators manage consumer financial data while complying with regulations and empowering consumers.

Read More

How Fintechs Expanding in Latin America Can Build Trust with SMEs

Article | February 10, 2020

Small businesses in emerging economies are notoriously underfinanced. Despite making up over 99.5% of the economy in Latin America, SMEs face a financing gap in the trillions of dollars. For example, up to 78% of small businesses in Argentina and 45% in Peru struggle to grow because of financial constraints. Numerous articles and institutional white papers point to the lack of trust between banks and SMEs as a major cause of this financing gap. Banks simply do not know how to accurately calculate small business risk, especially in volatile economies in Latin America, so they offer high interest rates or pass on providing credit altogether.

Read More

BANKS CAN TEACH INSURERS HOW TO TURN DATA INTO PROFITS

Article | April 9, 2020

Open banking rules, particularly PSD2 regulations in Europe, have forced banks to share their customer information. Some progressive lenders have turned this threat to their businesses into a big opportunity. They’re using data-sharing ecosystems to reach more customers and launch new products. They’re also teaming up with promising business partners and expanding into fresh markets.

Read More

Spotlight

Indo jatalia Securities P Ltd

Indo Jatalia Securities (Erstwhile known as ‘Raindrop Financial Services Private Limited’) is an emerging Financial Services Group of India. Indo Jatalia commenced its operations in 2007 as member of NSE. Indo Jatalia is a part of JATALIA GROUP OF COMPANIES, Which is diversified into International Trading, Import-Export & Manufacturing. This year has been an action-packed year for Jatalia Group. Indo Jatalia has now memberships of BSE, MCX, NCDEX & Depository Participant of CDSL. The promoters of Indo Jatalia have diversified experience of the capital markets.

Events