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Wells Fargo | March 31, 2020
The U.S. government is likely to increase its debt by $1.4 trillion in the second quarter, as it raises cash to finance stimulus that is meant to blunt the economic impact of the coronavirus pandemic, analysts at Wells Fargo said on Tuesday. President Donald Trump on Friday signed into law a $2.2 trillion aid package, the largest ever, to help offset the downturn caused by sweeping shutdowns aimed at containing the outbreak. This includes sending checks to Americans and rushing billions of dolla...
PAYMENTS
Yapily | June 09, 2021
Yapily, the main supplier of Open Banking infrastructure, today launched its new Open Banking bulk payment service, which already operates and takes use of its UK service with Comma, the SME payment platform, live. Yapily, in collaboration with Comma, has streamlined the complicated process of bulk payments in the UK under Open Banking. Customers like Comma may use the proposal to get the API connection they need to build a dependable, secure, and scalable bulk payments functional...
Ivy Lender | May 04, 2020
Ivy Lender has called out banks and fintechs for exploiting the Paycheck Protection Programme (PPP). SBA has tried to tackle the unequal treatment to small businesses many of which are now suing major banks.
Investing.Com | March 09, 2020
Gold prices hit their highest levels in eight years on Monday on a fresh wave of panicked flight-to-safety trades across the world that also drove U.S. and European government bond yields to historic lows. However, after briefly breaking through the $1,700 level, they retreated later in the day as U.S. stock markets regained a degree of composure. By 11:35 AM ET (1535 GMT), gold futures for delivery on the Comex exchange were at $1,673.00 a troy ounce, up less than 0.1% on the day. Spot gold was...
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