Karvy Stock Broking

Investing.com | April 24, 2020

Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic. In a blog posting on the Bank's website, officials said the preliminary baseline scenario forecast a "grim" 2% drop in economic output in developing countries, the first contraction in these economies since 1960 and a sharp swing from average growth of 4.6% over the las...

Goldman | February 03, 2020

Goldman Sachs Group Inc (GS.N) is in advanced talks with Amazon.com Inc (AMZN.O) to offer small- and medium-sized businesses loans in the United States on the e-commerce giant’s lending platform, the Financial Times reported on Monday. The project could go live as soon as March, the FT reported, citing two people familiar with the matter. on.ft.com/3b8PHDJ Goldman and Apple Inc (AAPL.O) in March rolled out a virtual credit card to help build out the Wall Street bank’s consumer busine...

Fintech

Flaist | November 02, 2020

The fintech startup, Flaist, has delivered another examination instrument controlled by the Flaist Digital Experience stage that permits monetary associations to more readily comprehend the settings of their customers' aims and feelings. This is the first fintech stage that permits banks and money related gatherings to foresee future customer conduct and adjust their reactions to customers utilizing investigation. The author and CEO of Flaist, Krish Gopalan, say...

Core Banking

Metrobank, Backbase | May 10, 2021

Backbase, a supplier of engagement banking technologies, has announced the renewal of its relationship with Metro Bank, a major UK retail and commercial challenger bank. Backbase will provide dedicated digital innovation assistance to Metro Bank's business banking customers as part of the renewed relationship. Metro Bank is able to further improve and customise the experience provided to its business customers by using the new cloud-native iteration of Backbase's software, which provides...