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Libra, Shopify | February 21, 2020
After shedding several high-profile members, the Facebook-led digital currency project Libra has signed up online commerce giant Shopify.Shopify becomes the first new Libra Association member in four months, stemming a tide in the opposite direction which has seen Mastercard, Visa, eBay, Stripe, Vodafone, Mercado Paygo, and booking.com all bail on the project. Explaining its decision to sign on to the stablecoin initiative, Shopify says: "As online commerce becomes increasingly borderless, ...
Core Banking
Volante, Citi | January 19, 2021
Volante Technologies, the global pioneer in cloud payments and financial messaging, and Citi Treasury and Trade Solutions (Citi) are developing their longstanding relationship to quicken the bank's appropriation of the ISO 20022 financial messaging standard across its global payments operations. Because of this joint effort, Citi will be the principal Volante client to offer a brought together way to deal with ISO 20022 migration across the globe. Citi will be building its cor...
Cision PR Newswire | August 24, 2020
FamaCash, one of the fastest growing digital financial service (DFS) networks in the world, today announced that it has partnered with the blockchain technology experts at Stably Corporation to provide development support for Fama's growing portfolio of financial service platforms. FamaCash, the digital payment services division of FAMA Financial Holdings, is expanding FAMA's portfolio of services to provide faster, more efficient and affordable mobile payment platforms and applications ...
Harley-Davidson | January 28, 2020
Harley-Davidson Inc (HOG.N) on Tuesday reported a larger-than-expected decline in its motor cycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares lower. Revenues at its motorcycles, parts & accessories and general merchandise segment fell 8.5% year-on-year to $874.1 million in the fourth quarter on the back of lower bike shipments. Analysts surveyed by Refinitiv on average expected revenues to decline 3.7% to $920.14 million in the quarter. Its s...
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