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Reuters | March 23, 2020
Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the economic damage from the coronavirus and made a chaotic dash for the exits. While the intervention helped bring back some order to markets, policymakers may need to do more. Investors, economists and bank strategists said they expect policymakers will have to step in with more support in the coming days to prop up both markets and the real economy - c...
Visa | April 08, 2020
Neat, a Hong Kong-based fintech offering multicurrency accounts to SMEs and startups, has raised $11 million in a funding round supported by Pacific Century Group, MassMutual Ventures Southeast Asia, and new commercial partner Visa. With a global count of 500M+ startups and other SMEs, funds from this round will be used to further Neat’s international expansion. After opening an office in Shenzhen in 2019 targeting Chinese exporters, Neat has just opened a new office in London and is set t...
Wall Street | March 30, 2020
U.S. stock markets opened the week mostly higher, albeit paring early gains and trading generally in more nuanced fashion than has been usual in recent sessions, amid bargain-hunting and hopes for rapid progress in finding effective treatments to contain the Covid-19 outbreak. By 10:15 AM (1415 GMT), the Dow Jones Industrial Average was up 191 points, or 0.9% at 21,828 points. The S&P 500 was up 1.5% and theNASDAQ Composite was up 1.9%. The market took in its stride a sharp change in rhetori...
Fintech
Cambridge Global Payments | November 20, 2020
Cambridge Global Payments, a FLEETCOR organization and a supplier of incorporated cross-border payments and currency risk management solutions, is pleased to declare it is dispatching an upgraded rendition of the Application Programming Interface (API) stage that will open it up for outsider and software designers around the globe. The most recent rendition of the central stage, Payments API 2.0, will help extend the designer experience, by helping engineers to make new and ...
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