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Reuters | March 11, 2020
Banks and other large financial companies in major cities across the world ramped up their emergency measures to combat the spread of the coronavirus on Tuesday, with Barclays Plc (BARC.L) and BlackRock Inc (BLK.N) confirming one case in their New York offices. The steps including telling staff who had been exposed to someone with the virus to self-quarantine for 14 days, splitting operations so that some staff work from home or back-up locations and deep cleaning offices. Barclays told staff on...
FINTECH
Zilch | May 09, 2022
London-based fintech Zilch has joined the Financial Technology Association (FTA) to prioritize innovation through products and services before its upcoming launch in the US. Zilch provides alternative credit options to customers without any margin of interest. The fintech company was also one of t UK's first regulated buy-now-pay-later (BNPL) providers in the UK. Thus, it emphasizes the importance of financial health and education in its business model. FTA, with Zilch, now ha...
CORE BANKING
DR Bank | May 23, 2022
DR Bank is proud to partner with premium basics brand Bombas through their internal Giving Initiative program by donating 1,000 pairs of Bombas donation socks. Bombas is a comfort-focused, digitally native brand that provides elevated basics and helps those in need. The company was originally founded in 2013 because socks are the #1 most requested clothing item at homeless shelters. For every item purchased, a specially designed item is donated to the homeless community. DR Bank c...
PAYMENTS
Huntington | May 16, 2022
Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN) announced today it has acquired Digital Payments Torana, Inc. (Torana), a business-to-consumer payments fintech based in San Francisco. Torana's digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington's digital capabilities and advance Huntington's enterprise payments strategy. Torana's payment solution is a software as a servic...
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