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Wells Fargo | January 14, 2020
The S&P 500 eased from record levels on Tuesday, as technology stocks handed back gains made on hopes of a preliminary U.S.-China trade deal and Wells Fargo slid in a mixed start to big banks’ quarterly earnings. Kicking off the fourth-quarter earnings season, the largest U.S. bank, JPMorgan Chase & Co (JPM.N), rose 2.3% after reporting a better-than-expected profit on strength in its trading and underwriting businesses, keeping the blue-chip Dow index in the positive territory. We...
CORE BANKING
M&T Bank | January 15, 2022
M&T Bank today announced it is expanding the services it provides to communities with high concentrations of ethnic and racial diversity by designating an additional 100 bank branches as multicultural centers. Located in cities across the Northeast and Mid-Atlantic, the centers will offer banking and other financial services in customers' preferred languages and employ bankers from the community who understand the cultural nuances of the individuals and neighborhoods they serve. <...
FUNDING
Nium | July 27, 2021
Nium, a leading worldwide B2B payments platform, today announced it has raised a US$200+ million Series D round led by Riverwood Capital – a U.S.- based high-development tech investor. Temasek, Visa, Vertex Ventures, Atinum Group of Funds, Beacon Venture Capital, Rocket Capital Investment, and other notable angel investors, including DoorDash executive, Gokul Rajaram; Chief Product Officer at FIS, Vicky Bindra; and, Co-Founder of Tribe Capital, Arjun Sethi, also contributed to the round. N...
PAYMENTS
Visa | May 27, 2021
Visa, the global leader in digital payments, announced today the expansion of Visa Fintech Partner Connect, a programme designed to enable financial institutions swiftly engage with a verified and selected group of technology suppliers. Fintech Partner Connect, by expediting the discovery process, can assist Visa's issuing partners in creating digital-first experiences without the expense and complexity of establishing the back-end technology in-house. Visa Fintech Partner Connect, which was...
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