McNally Capital

Reuters | February 03, 2020

U.S. stocks rallied on Monday, helped by gains in heavyweight technology shares and surprise strength in U.S. manufacturing activity, as stocks rebounded after a sharp selloff last week sparked by concerns about fallout from a virus out of China. U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, according to the Institute for Supply Management (ISM). The data helped stocks recover after the S&P 500 last week suffere...

FINANCIAL MANAGEMENT

Sardine | October 19, 2022

Sardine, the leading provider of fraud, compliance, and instant payment solutions, announced today a new product offering a real-time, comprehensive view of an entity's risk based on its history transacting with cryptocurrencies, digital assets, and conventional bank products and services. Called Insights, the service aims to bridge data gaps between financial institutions, fintechs, and crypto companies to strengthen risk management and increase access to all segments of financial services....

Wells Fargo | March 05, 2020

Wells Fargo is not complying with the terms of multiple settlements related to its sales scandal, according to a Congressional report released on Wednesday that also faulted regulators for failing to aggressively enforce the agreements. The U.S. House of Representatives Financial Services Committee released the findings of its year-long probe into the bank ahead of hearings next week that will see its new chief executive, Charles Scharf, and its chair, Betsy Duke, testify before the committee fo...

PAYMENTS

Customers Bank, Tassat | May 22, 2021

The subsidiary of Customers Bancorp, Inc. a bank holding firm named as Customers Bank joins hands with Tassat, a leading supplier of blockchain solutions for digital payments. They announced today that Customers Bank will use Tassat's proprietary platform TassatPay® Network, which includes real-time B2B payments and convergence between digital and legacy payment rails. The collaboration would result in improved payments capabilities for the bank's company clients as well as low-cost ...