AFRICUNIA BANK

Wall Street | February 06, 2020

U.S. stocks gained for a fourth straight session on Thursday and Wall Street’s main indexes hit record highs amid growing confidence in China’s efforts to contain the economic fallout from the coronavirus outbreak. China said it would halve additional tariffs levied against some U.S. goods, seen by analysts as a move to boost confidence after the fast-spreading coronavirus disrupted businesses and hit investor sentiment. Data showing that the number of Americans filing for unemployme...

FINTECH

MoneyGram | January 12, 2022

MoneyGram International, Inc., a global leader in digital P2P payments, announced a strategic partnership with Digital Wallet Corporation. Smiles Mobile Remittance (Smiles) is Japan’s most popular mobile money transfer service and digital wallet. The partnership has been introduced for consumers in Japan as they can use the Smiles mobile app powered by MoneyGram’s global payment platform to transfer money to more than 200 countries and territories globally. MoneyGram h...

JPMorgan, Goldman Sachs | February 20, 2020

Goldman Sachs, JPMorgan and Jane Street Capital are the latest Wall Street heavyweights to back a new equities exchange hoping to take on Nyse, Nasdaq and Cboe Global Markets. The three firms have led a new round of strategic financing for Members Exchange (MEMX), which plans to launch this summer. They join Bank of America Merrill Lynch, Charles Schwab, Citadel Securities, TD Ameritrade, UBS and Virtu Financial, which have all been onboard with the venture since early last year. MEMX is vowing ...

CORE BANKING, MOBILE BANKING

Monument Bank and Persistent | August 03, 2022

Monument Bank, UK's first neo bank focused on the needs of the ~4.8 million 'mass affluent', has partnered with Persistent Systems, a Global Digital Engineering provider to build a bespoke, cloud-native digital banking platform for lending and deposit services to support Monument's ongoing operations. Monument's target clients are usually pressed for time and often feel underserved and undervalued by other banking providers. Monument's mission is to help its clients prosp...