FinFit

PAYMENTS

Mitrade | May 23, 2022

Mitrade has announced a partnership with Azupay, an NPP-powered payment platform to make funds deposits and withdrawals faster, wiser, and more secure for its Australian customers. Mitrade, an Australian Forex and OTC derivatives trading broker, will bring a massive change for Australian customers when it comes to funding. The company has consistently pursued a mission to simplify trading for customers through innovation since restructuring its team and resources in 2018. Azupay i...

Worldpay | June 17, 2020

Worldpay is rolling out a new Open Banking Hub to merchants, enabling users to pay for purchases direct from their bank account, circumventing the need to enter card or account information into a third party site. The Worldpay Hub provides a single API integration to all UK banking providers. When consumers make a purchase via a mobile device they are automatically redirected to their banking provider’s app to complete their order, while also able to view their bank account balance in duri...

Maxwell | May 22, 2020

Maxwell announced a new way for small and midsize lenders to scale processing capacity to meet market needs through the launch of the Maxwell Fulfillment Platform. The Maxwell Fulfillment Platform is a complete technology to enable lenders to scale their bu...

JPMorgan | March 02, 2020

Banks likely hold the equivalent of $1.2 trillion worth of short positions in 10-year Treasuries, suggesting any rebound in yields could be capped if they cover their bets, according to JPMorgan Chase & Co. Expectations in 2018 for interest-rate rises from the Federal Reserve led banks to position themselves short duration, wrote strategists including Matthew Jozoff in a note Feb. 28. The recent “vicious” rate rally has exacerbated this already painful positioning and the financi...