Elian Global

Reuters | March 30, 2020

U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ago. The oil price collapse has crushed U.S. energy companies, sending valuations spiralling and squeezing financing options, as they face a likely 20% drop in worldwide oil demand in coming quarters due to the coronavirus pandemic. U.S. crude prices have dropped to about $2...

Fintech

Mastercard | September 20, 2021

Mastercard today announced the launch of its new Sustainability Innovation Lab, which will spearhead the further development of the company’s portfolio of environmentally conscious digital products and solutions. The Lab will focus on ways to empower businesses and consumers to transform how they produce, distribute and purchase products and services, ensuring both people and the planet can thrive as the global economy rapidly digitizes. n support of the EU Green Deal, Maste...

Financial Management

Paymerang | December 11, 2020

Paymerang, a pioneer in accounts payable automation, has dispatched a creative Invoice Automation Solution intended to help associations pick up proficiency, improve exactness, upgrade perceivability, and dispose of paper in their accounting processes. “This proprietary Invoice Automation Solution saves time in approving and posting invoices, as well as reducing errors through automated invoice capture and posting,” said Nasser Chanda, CEO of Paymerang. Chanda further ...

UBS | February 11, 2020

UBS Wealth Management USA has launched an entirely redesigned UBS Financial Services iPhone app (” the app”) in close collaboration with UBS clients and financial advisors. The new app is designed to help clients gain a more complete picture of their total wealth, and get insights and research in new ways through their mobile device. “At UBS, we’re proud to give clients an all-new experience that reflects their immediate and future financial needs and goals,” said K...