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Yapily | June 09, 2021

Yapily, the main supplier of Open Banking infrastructure, today launched its new Open Banking bulk payment service, which already operates and takes use of its UK service with Comma, the SME payment platform, live. Yapily, in collaboration with Comma, has streamlined the complicated process of bulk payments in the UK under Open Banking. Customers like Comma may use the proposal to get the API connection they need to build a dependable, secure, and scalable bulk payments functional...

ING | March 13, 2020

ING has contributed EUR4.5 million to a $42 million funding round in natural language processing vendor Eigen Technologies. The investment, made through the bank’s venture capital arm ING Ventures, is part of Eigen’s Series B round announced in November 2019, which also included financing from Goldman Sachs. Eigen’s NLP technology is already used by ING in areas such as Libor transition and loan operations. The Dutch bank says it intends to further the use of the technology to ...

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...

Edward Jones | July 28, 2020

Financial-services firm Edward Jones announced today it is renewing its strategic alliance with the Alzheimer's Association, committing $25 million over the next five years. The commitment matches the $25 million already raised by Edward Jones, its associates and communities since launching the alliance in 2016. The total investment, over the course of 10 years, is the largest commitment ever pledged by a corporate partner to the Alzheimer’s Association and is being used to enhance car...