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Alviere, Currencycloud | April 30, 2021
Alviere, a New York-based embedded finance platform provider, announced today a partnership with Currencycloud, a leading provider of B2B cross-border solutions, to provide multi-currency e-wallet features to its enterprise clients with individual IBANs, enabling customers to pay, store, convert, and receive up to 38 currencies at once.
Alviere will be able to give its large corporate clients the opportunity to integrate financial services into their companies and deliver a full r...
JPMorgan And Taulia | April 29, 2020
Silicon Valley working capital FinTech Taulia is partnering with J.P. Morgan to develop a new trade finance solution that will give businesses liquidity to strengthen their supply chain.
“We’re always looking for impactful ways to enhance the client experience within wholesale payments,” Takis Georgakopoulos, global head of wholesale payments with J.P. Morgan, said in a statement on Monday (April 27).
The alliance with Taulia gives the bank a greater ability to he...
Wall Street | February 10, 2020
Wall Street resumed its rally from last week, with the Nasdaq hitting a record high on Monday, as a recent batch of strong domestic economic data and largely upbeat earnings overshadowed fears about the impact of the coronavirus epidemic on global growth. People returned to work in China after an extended new year holiday even as the country grappled with the epidemic that has now claimed more lives than Severe Acute Respiratory Syndrome (SARS). “Some people think the outbreak may have a v...
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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