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Wall Street | April 22, 2020
U.S. stock markets opened higher after two days of losses as a measure of confidence returned thanks to a rebound in crude oil prices and the Senate's passing of another economic support package, which tops up the existing program for small businesses by more than $400 billion while also channelling more money to hospitals.
By 10:10 AM ET (1410 GMT), the Dow Jones Industrial Average was up 405 points, or 1.8%, at 23,424 points. The S&P 500 was up 1.7% and the Nasdaq Composite was ...
SparkCognition, AIM2 | February 24, 2021
SparkCognition announced that it agreed to acquire AIM2 from hedge fund management company Brevan Howard and global investment bank Nomura. Being the world's leading industrial artificial intelligence (AI) company, SparkCognition aims to expand further into financial services and with more capabilities in the future.
SparkCognition has also executed contracts with both Brevan Howard and Nomura. They will allow SparkCognition to expand its AI capabilities and meet the needs of ...
JP Morgan | May 14, 2020
JP Morgan is reportedly serving bitcoin exchanges – Coinbase and Gemini – as banking clients, according to Wall Street Journal sources.
It’s the first time the US banking giant has taken on crypto clients. The exchanges were approved in April as customers under the bank’s corporate and investment division, and are now starting to process transactions through the bank, per the report.
Traditionally fenced out by banks as clients too risky to take on – B...
Synctera, CheckAlt, SOCURE | April 16, 2021
Synctera, another answer for organization banking at scale, today declared association concurrences with CheckAlt, the biggest autonomous lockbox and electronic installments supplier in the country, and Socure, the pioneer in 100% computerized character trust, to bring portable distant store catch (MRDC) and personality confirmation capacities to customers. Close by the organization news, Synctera is additionally reporting two new item contributions for its FinTech and local area banking accompl...
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