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Investing.Com | March 18, 2020
Financial markets spasmed, sending U.S. stocks down to December 2018 levels and Bloomberg’s dollar index to a record, as the economic fallout from the pandemic outpaced the massive response from governments and central banks. The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, dro...
FINANCIAL MANAGEMENT
Wells Fargo and HSBC Holdings plc | November 18, 2022
Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore yuan (CNH). The offshore yuan marks the fifth currency to be settled between the two banks using a shared settlement ledger that currently encompasses the U.S. dollar, Canadian dollar, British pound sterling, and the euro. Since launching the shared DLT solution in December 2021, HSBC and Wells Fargo have settl...
Cision PR Newswire | October 14, 2020
Leading European payments provider, Contis, is excited to announce a new partnership with UK fintech startup Ordo. Contis is powering the fintech revolution, helping businesses unleash their true potential with award-winning real-time payment solutions. Contis puts next generation accounts, cards and apps in the hands of their customers. Ordo is also helping businesses and organisations unleash their potential with technology that makes getting paid easy. With smart, secure and automatic bank tr...
CORE BANKING
MOCA | December 01, 2021
MOCA, a digital-first next-generation card-based payment platform provider and Data Center, Inc., developer of the award-winning iCore360® core banking software, are pleased to announce that they have entered into a definitive joint marketing and referral agreement. MOCA and DCI will jointly market and refer an innovative solution featuring MOCA’s Digital-First NextGen Card-Based Payment Platform integrated with DCI’s advanced core processing and iCoreGO® account opening and ...
CORE BANKING, FINTECH
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