Institution for Savings

PAYMENTS, FINTECH

Businesswire | May 29, 2023

UniCredit and Mastercard today announce a global expansion of their payment partnership. The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. It brings together in one agreement UniCredit’s ability to harness the collective weight of 13 banks as one institution with Mastercard’s e...

Bank of America | January 15, 2020

Bank of America Corp got stung by lower interest rates in the fourth quarter, sending its profit down 4%, a trend that management expects to continue this year. The Charlotte, North Carolina-based lender is especially vulnerable to rate movements because of the composition of its balance sheet. As the Federal Reserve cut rates three times last year, analysts predicted Bank of America’s earnings would suffer. The bank blunted the impact last quarter by growing loans at a rapid clip, and man...

BITCOIN AND CRYPTO

Bloomberg | February 25, 2022

Bloomberg and Elwood Technologies announced their strategic integration to enrich institutional cryptocurrency capabilities. The integration will enable clients’ investments using Elwood's market-leading cryptocurrency trading platform—AIM. The new comprehensive crypto native solution byElwood will deliver deep liquidity and extensive market data. This infrastructure is the gateway for institutional access to digital assets. The integration combinesElwood's ins...

Fenergo | June 18, 2020

Fenergo announces the launch of Fen-Xcelerate, a lower cost, cloud-based version of Fenergo's CLM solution. The cloud-based solution, powered by Amazon Web Services (AWS), delivers frictionless, end-to-end customer journeys and client lifecycle manageme...