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PAYMENTS
Plastiq, Billfire | April 22, 2021
Plastiq, the installment stage that empowers organizations to all the more likely oversee installments and income, and Billfire, the main supplier of astute A/R computerization arrangements that smooth out the receipt to-cash measure, accomplice to help providers and wholesalers get paid quicker and all the more deftly by permitting them to acknowledge installments using a charge card with no dealer expenses. This new reconciliation between the two organizations conveys an improved, consistent e...
Apple | January 29, 2020
U.S. stock indexes rose on Wednesday, boosted by shares of Apple, Boeing and General Electric following their results, while investors assessed the economic damage of the fast-spreading coronavirus outbreak. The Federal Reserve is also in focus, with the central bank expected to release its monetary policy statement at 2:00 pm ET, followed by Chairman Jerome Powell’s news conference. With interest rates expected to remain on hold, market participants are keen to know the central bank&rsquo...
FINANCIAL MANAGEMENT, WEALTH MANAGEMENT
PRnewswire | May 26, 2023
Centime, a Boston-based fintech that offers comprehensive cash management and banking solutions to small-to-midsize businesses, today announced a new set of credit products in partnership with bank partner FNBO. Together, Centime and FNBO are joining forces to combine the modern convenience of online banking and credit solutions with the stability and trust of a 165-year-old financial institution. "Businesses need well-priced credit solutions that can flex to meet their cha...
Reuters | March 04, 2020
The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system. The overnight repurchases agreement (repo) rate was last USONRP= 1.85%-1.95%, compared with 1.90%-2.00% before the latest repo operation. They ended at 1.75% late on Thursday after hitting 10% on Tuesday, according to Refinitiv data. The U.S. central bank has conducted a series of cash-adding...
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