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Payments

AMADIS CHOSEN BY EMCREY FOR SOFTPOS PAYMENT SOLUTION

Amadis | December 13, 2021

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Amadis, a global payment software editor, leading supplier of EMV Level 2 card processing solutions and nexo universal payment acceptance applications, has been selected by eMcREY, a leading financial solution supplier in the Middle-East, for its SoftPOS solution. Amadis will provide eMcREY with its payment card processing software, enabling worldwide contactless payment acceptance on commercial off-the-shelf devices (COTS). eMcREY’s SoftPOS will allow its customers to accep...

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Core Banking

FIELDPOINT PRIVATE WINS THREE GLOBAL PRIVATE BANKING INNOVATION AWARDS

Fieldpoint Private | July 29, 2022

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Fieldpoint Private, the fast-growing private bank serving entrepreneurs, families, businesses and institutions, received three honors from the Global Private Banking Innovation Awards, 2022. The firm was recognized as Best Boutique Private Bank – global, Best Pure Play Private Bank - United States, and honored in the Strategy and Technology award category for Most Innovative Business Model. Collectively, the awards recognize innovation in advisor capabilities, the use of tec...

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FACEBOOK BETS ON INDIA WITH $5.7 BILLION RELIANCE DEAL

Facebook, Reliance | April 23, 2020

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Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country. The deal announced on Wednesday is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 and will give the Menlo Park, California-based firm a stake in Jio Platforms - the digital services entity that house...

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JPMORGAN SEES A $1.2 TRILLION REASON TO NIX A U.S. YIELD REBOUND

JPMorgan | March 02, 2020

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Banks likely hold the equivalent of $1.2 trillion worth of short positions in 10-year Treasuries, suggesting any rebound in yields could be capped if they cover their bets, according to JPMorgan Chase & Co. Expectations in 2018 for interest-rate rises from the Federal Reserve led banks to position themselves short duration, wrote strategists including Matthew Jozoff in a note Feb. 28. The recent “vicious” rate rally has exacerbated this already painful positioning and the financi...

Read More
news image

Payments

AMADIS CHOSEN BY EMCREY FOR SOFTPOS PAYMENT SOLUTION

Amadis | December 13, 2021

Amadis, a global payment software editor, leading supplier of EMV Level 2 card processing solutions and nexo universal payment acceptance applications, has been selected by eMcREY, a leading financial solution supplier in the Middle-East, for its SoftPOS solution. Amadis will provide eMcREY with its payment card processing software, enabling worldwide contactless payment acceptance on commercial off-the-shelf devices (COTS). eMcREY’s SoftPOS will allow its customers to accep...

Read More
news image

Core Banking

FIELDPOINT PRIVATE WINS THREE GLOBAL PRIVATE BANKING INNOVATION AWARDS

Fieldpoint Private | July 29, 2022

Fieldpoint Private, the fast-growing private bank serving entrepreneurs, families, businesses and institutions, received three honors from the Global Private Banking Innovation Awards, 2022. The firm was recognized as Best Boutique Private Bank – global, Best Pure Play Private Bank - United States, and honored in the Strategy and Technology award category for Most Innovative Business Model. Collectively, the awards recognize innovation in advisor capabilities, the use of tec...

Read More
news image

FACEBOOK BETS ON INDIA WITH $5.7 BILLION RELIANCE DEAL

Facebook, Reliance | April 23, 2020

Facebook (FB.O) is set to spend $5.7 billion to buy a 9.99% stake in Reliance Industries’ (RELI.NS) digital arm, as it looks to roll out services for India’s grocers and small businesses by capitalizing on WhatsApp’s extensive reach in the country. The deal announced on Wednesday is Facebook’s biggest since its $22 billion buyout of WhatsApp in 2014 and will give the Menlo Park, California-based firm a stake in Jio Platforms - the digital services entity that house...

Read More
news image

JPMORGAN SEES A $1.2 TRILLION REASON TO NIX A U.S. YIELD REBOUND

JPMorgan | March 02, 2020

Banks likely hold the equivalent of $1.2 trillion worth of short positions in 10-year Treasuries, suggesting any rebound in yields could be capped if they cover their bets, according to JPMorgan Chase & Co. Expectations in 2018 for interest-rate rises from the Federal Reserve led banks to position themselves short duration, wrote strategists including Matthew Jozoff in a note Feb. 28. The recent “vicious” rate rally has exacerbated this already painful positioning and the financi...

Read More