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Fintech
HES FinTech, Ondato | March 24, 2021
Ondato and HES FinTech, two major technology providers, formed a strategic alliance today to achieve synergy in assisting financial institutions on their digital transformation journey. These tech giants' collaboration would benefit their clients and the software industry as a whole: • HES and Ondato are part of a one-stop-shop trend: banks and fintechs can now combine compliance monitoring and configurable loan origination tools quickly and easily. • The allia...
Wall Street | April 13, 2020
Wall Street’s main indexes slipped on Monday as corporate America launches into what is expected to be a painful quarterly earnings season due to the coronavirus pandemic. JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) will kick off the reporting season on Tuesday, with analysts expecting an uptick in trading revenue to be offset by declines in other businesses and a bleak outlook for the rest of 2020. The S&P banking subsector. SPXBK shed 2.5%, while the broader fina...
Payments
Wirex | May 18, 2022
The Wirex Wallet, hailed as the world's first mass-market non-custodial wallet, has expanded its next generation features and functionality. Users globally can now add NFTs to their wallet, purchase crypto directly on multiple blockchains, and pay via Apple and Google Pay. Customers in India, Malaysia, Indonesia and Portugal will also benefit from new alternative payment methods. Wirex Wallet holders can now store and hold NFTs on multiple blockchains purchased on popular mark...
SoftBank | February 12, 2020
SoftBank (9984.T) CEO Masayoshi Son threw cold water on Wednesday on the idea of cutting his firm’s $150 billion stake in e-commerce giant Alibaba (BABA.N), after prominent activist investor Elliott Management called for big buybacks. The emergence of New York-based Elliott as a SoftBank shareholder has renewed focus on the company’s 26% stake in China’s Alibaba, the Japanese firm’s biggest asset and Son’s most successful tech bet to date. Elliott, one of the world&...
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