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Core Banking
Yolt Technology Services, Amazon Web Services | May 07, 2021
According to recent research from leading open banking provider Yolt Technology Services (YTS), more than half of business leaders in banking, retail, leasing, investment platforms, and PFMs are not using open banking technology due to data protection and privacy issues. In response, YTS announced today that it would be using Amazon Web Services (AWS) to provide the highest level of protection through its open banking services. YTS is able to quickly scale using AWS, which ...
Financial Management, Investment Management
PRnewswire | May 18, 2023
PNC Bank, N.A. today announced an expansion of its financial wellness offerings for clients through the introduction of PNC Student Debt Solution, powered by Candidly™, a student debt and savings optimization platform. PNC Student Debt Solution offers client company workforces access to a holistic platform to help them reduce and manage the impact of their student loans. Amid a rapidly changing and competitive employment market, companies are exploring differentiated benef...
Credit Suisse | April 03, 2020
Credit Suisse (SIX:CSGN) has a message for investors in its triple-leveraged oil ETN: Buy at your own risk. The intraday indicative value of the VelocityShares Daily 3x Inverse Crude exchange-traded notes, or DWTIF, was equal to or less than $0 on Thursday, according to a Credit Suisse statement. As a result, the closing indicative value will be $0, which means current holders and future buyers won’t receive a payout at maturity, if the ETN is called or if they attempt to redeem, it said. ...
Core Banking, Fintech
Inswitch and Mastercard | September 30, 2022
Inswitch, a fintech technology company with focus on embedded solutions for banking and payments, and Mastercard International Incorporated have partnered to design and deliver digital payment solutions and issuing programs starting with selected countries across LAC. Inswitch will start issuing cards as a Mastercard principal member in Mexico, with plans to expand quickly to key markets in LAC and other regions in the future. This collaboration will allow the company to extend it...
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