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Finstro | July 08, 2021
Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, intends to increase digital adoption momentum in the B2B sector by launching a card solution and an integrated ERP solution to support the supplier/buyer trade relationship.
According to a 2018 Goldman Sachs Global Technology Equity Research report, paper-based payment processes accounted for 70% of transaction volume in B2B commerce in the United States and cost businesses - many small ...
Wall Street | February 04, 2020
The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its biggest one-day gain in about six months as fears of a heavy economic impact from the coronavirus outbreak waned after China’s central bank intervened. The Dow was on pace for its biggest single-day rise in about eight months, as the stock market recovered from steep losses in the prior week. The People’s Bank of China (PBOC) injected a total of 1.7 trillion yuan ($242.74 billion) through reverse repos on Mond...
Wall Street | January 28, 2020
The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to contain the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. Preside...
IBM | July 30, 2021
IBM and SAP SE announced today that SAP would onboard two of its finance and data management products to IBM Cloud for Financial Services, accelerating IBM cloud adoption in the financial services industry. The collaboration will be geared to assist the companies in meeting the industry's high compliance, security, and resiliency standards, as well as to support financial services institutions' business transformation and innovation.
Hybrid cloud environments are becoming ...
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