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Wall Street | March 31, 2020
Wall Street’s slide deepened on Tuesday, with the S&P 500 was set for its worst first quarter since 1938 on growing evidence of a largescale corporate damage from the coronavirus pandemic as well as a near collapse in oil prices. The benchmark index was tracking its biggest quarterly decline since the 2008 financial crisis, losing more than $5 trillion in market value, as the health crisis worsened in the United States and brought business activity to a standstill. Real estate stocks. ...
Core Banking, Fintech
Digibee and Thought Machine | October 13, 2022
Digibee, an enterprise integration platform as a service (eiPaaS) company that helps organizations build flexible, highly scalable integration architecture, is proud to announce a partnership with Thought Machine, the cloud-native banking technology company. Under the partnership, Digibee has joined Thought Machine's Integration Library, enabling banks to quickly and easily combine integration and core banking solutions to build a best-in-class technology stack. Digibee will p...
Financial Management, Security and Compliance
PRnewswire | May 25, 2023
Stearns Bank N.A. has partnered with Sardine, a leading provider of risk management and compliance solutions, to enhance Stearns Bank's fintech program. This collaboration marks a first-of-its-kind approach in community banking to provide an all-in-one risk management and compliance platform for sponsored programs to address evolving regulatory and compliance requirements. As the demand for faster money movement increases, the risk of fraud increases. Stearns Bank and Sardin...
Fidelity | August 26, 2020
The Fidelity Index UK Gilt and Fidelity Index Sterling Corporate Bond funds will aim to provide investors with a low-cost passive fixed income solution, with ongoing charge figures of 10 and 12 basis points respectively. The Gilt fund will track the FTSE Actuaries UK Gilts index and the corporate bond offering will follow the iBoxx GBP Liquid Corporates Large Cap index. Head of wholesale John Clougherty said the extension of Fidelity's UK-domiciled index funds range to nine "reaffirms o...
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