AdvisoryWorld Financial Technology

Reuters | January 28, 2020

Oil futures edged up on Tuesday after falling for five days, bouncing up with Wall Street, and crude also drew support from talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand. “WTI is correlating to U.S. equities, which are stronger,” said Bob Yawger, director of energy futures at Mizuho in New York. Stronger equities can indicate economic strength and, therefore, a better demand outlook for crude. U.S. stocks rose as gains in ...

Core Banking

SMBC Group | August 25, 2022

Sumitomo Mitsui Financial Group, Inc. (SMFG, President and Group CEO Jun Ohta, together with subsidiaries SMBC Group) announced today that it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank™ will launch and operate as a new division of Manufacturers Bank, a California state-chartered bank that is a wholly-owned subsidiary of SMBC Group. Jenius Bank will launch in the coming months with personal loans and then expand its offe...

Investing.com | April 27, 2020

U.S. stock markets opened higher on Monday, as negative news surrounding Apple (NASDAQ:AAPL) and General Motors (NYSE:GM) tempered hopes fanned by the partial easing of lockdown measures in New York and Europe. By 10:10 AM ET (1410 GMT), the Dow Jones Industrial Average was up 173 points or 0.7% at 23,948 points. The S&P 500 was up 0.9% and the Nasdaq Composite was up 1.2%. Apple (NASDAQ:AAPL) stock lagged the market, rising only 0.1%, after it was reported by the Wall Street J...

PYMNTS | August 19, 2020

Revolut Ltd., the British financial technology (FinTech) company, has introduced what it describes as a simple way to track, split and settle expenses instantly, in one place. Group Bills promises to ease the management of group expenses. Instead of splitting one bill at a time, the platform allows customers to stay on top of shared expenses with roommates. With the new service, users add bills to their “group” and track them in one place. When it’s time to make payments, the a...