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Capital news | January 27, 2020
The latest rally in U.S. stocks is facing a serious test, as the S&P 500 heads toward its worst loss in months on concerns over how the coronavirus will impact the global economy. So far, the selling has been measured, with most investors confident that the U.S. economy remains in good shape and the Federal Reserve stands ready to provide stimulus if the economic situation deteriorates. Still, worries have grown that months of placid trading may have left stocks primed for an upsurge of vola...
PAYMENTS
Emburse | June 17, 2021
Emburse has launched its Emburse Pay - B2B Payments integrated payables product, which allows workforces to oversee and monitor the invoice approval and payment workflow from start to end. In the release, Rajeev Subramanyam, general manager of Emburse Pay, said, "Our Emburse Pay suite of solutions was developed to streamline what has traditionally been a time-consuming and wasteful process - manually reconciling corporate payments." “In B2B Payments, we'...
WEALTH MANAGEMENT
Marstone | August 20, 2021
Marstone, Inc., a leading digital wealth technology firm, today announced it is partnering with banking technology solutions provider Nymbus. The collaboration brings together Marstone’s relentless focus of promoting financial health and literacy with Nymbus’ mission of accelerating growth for banks and credit unions through new routes to market. “As we move forward in a post-pandemic environment, banking has shifted significantly with an arising need for greater...
CORE BANKING
360factors, Inc. | April 11, 2022
360factors, Inc. announced today that Park National Bank, a bank with $10B in assets headquartered in Newark, Ohio, selected 360factors' Predict360 risk and compliance intelligence platform to enhance its enterprise risk management program and streamline quarterly certifications and attestations for Sarbanes-Oxley. The bank will deploy 360factors' Predict360 solution suite, an artificial intelligence (AI)-powered platform that vertically integrates risks and controls, regu...
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