BDO UK LLP

CORE BANKING

Equifax, AccountScore | February 10, 2021

In order to improve Open Banking and insights competences of the company, Equifax, Inc. (NYSE: EFX) has recently acquired AccountScore Holdings Limited, a transaction data analytics company. This acquisition will help the company to enhance commercial and consumer products offerings. This would be made possible with the assistance of AccountScore in combining Equifax’s traditional credit bureau information with bank transaction data. This integration also bene...

Wall Street | February 27, 2020

Wall Street’s main indexes tumbled nearly 2% on Thursday and confirmed a correction that began last week, as the rapid spread of the coronavirus outside China intensified fears about the hit to economic growth and corporate earnings. At session lows, the S&P 500 and Nasdaq were down more than 10% from their intraday record highs hit on Feb. 19, while the Dow Jones Industrials was 10% off its Feb. 12 peak. The indexes were set for their steepest weekly pullback since the global financia...

FINTECH

Givex | December 13, 2022

Global fintech company Givex Corporation announced today the launch of its new website to showcase its elevated product offerings after acquiring four companies in 18 months. Givex made the strategic acquisitions of Pi Cash Systeme, Kalex, Loyalty Lane and Counter Solutions, adding new products and capabilities to the already strong Givex product suite. Givex also went public in December 2021, creating a new audience of potential investors. In addition to an u...

Wall Street | February 04, 2020

The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its biggest one-day gain in about six months as fears of a heavy economic impact from the coronavirus outbreak waned after China’s central bank intervened. The Dow was on pace for its biggest single-day rise in about eight months, as the stock market recovered from steep losses in the prior week. The People’s Bank of China (PBOC) injected a total of 1.7 trillion yuan ($242.74 billion) through reverse repos on Mond...