Genesis Global Capital

PAYMENTS

PayAlly | June 11, 2021

PayAlly has picked Banking Circle solutions to boost its cross-border payment services in multicurrency for B2B, a fully integrated payment system for small- and medium-sized enterprises. The new agreement allows PayAlly access to the Banking Circle Banking Network to a larger number of payment channels to improve the speed and price of payment internationally for their e-commerce consumers. “At PayAlly, we seek to assist small businesses and people by providing them with fa...

Wells Fargo | February 28, 2020

Wells Fargo agreed to pay $35m to settle regulatory claims that its financial advisers recommended exchange-traded funds that were too risky for some clients. The Securities and Exchange Commission’s investigation targeted Wells Fargo’s sale of inverse ETFs, a type of fund that moves in the opposite direction of an index it tracks. Inverse ETFs can be used to hedge other positions or bet on a falling market, but the products are complex enough that regulators have warned for years th...

BLOCKCHAIN

Blackline | February 03, 2022

BlackLine, Inc. announced its expansion of partnership with Google Cloud Platform to bring enhanced automation solutions for finance and accounting (F&A) to businesses worldwide. Under the new expansion agreement, both the companies will collaborate on cooperative selling and other go-to-market activities to help more companies transform their digital finance transformation and modern accounting platform. "With Google Cloud's cutting-edge cloud infrastructure, compani...

Investing.com | April 23, 2020

U.S. stocks are set to edge lower Thursday, with investors wary ahead of key unemployment data and amid tensions over the early reopening of some states still gripped by the coronavirus pandemic. At 07:10 AM ET (1110 GMT), S&P 500 futures and Nasdaq futures were both essentially flat. The Dow futures contract fell 33 points, or 0.1%. The main focus Thursday will be on the weekly initial jobless claims, at 8:30 AM ET (1230 GMT), which is widely seen as the best gauge of the econ...