OctaFX

HSBC Bank | July 02, 2020

HSBC Bank USA, N.A. ("HSBC USA"), part of HSBC Group, one of the world’s largest banking and financial services companies, today announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s smallest businesses, landlords and critical non-profits. The NYFLF will provide affordable and flexible capital to participating Community Development Financial Institutions (CDFIs)...

CBA | April 10, 2020

Commonwealth Bank of Australia has recorded a surge in mobile payment transactions at the POS, as consumers reach for their phones to avoid touching PIN pads during the Coronavirus outbreak. Latest analysis from the bank, which draws on Visa and Mastercard data, has found digital wallet users in Australia spent $1 billion in a record number of transactions in March 2020, a 17% increase from the same month last year. Overall there were 36 million digital wallet transactions made in March - compri...

Wall Street | February 14, 2020

Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment. While the S&P 500 and the Nasdaq were down only modestly, the industrials-heavy Dow suffered a larger decline. Having seen-sawed through much of the week as buyers took breathers between record index highs, all three major U.S. stock averages were set to head into the holiday weekend having posted their second consecutive weekly advances. The ...

Core Banking, Fintech

CSI | February 09, 2023

Computer Services, Inc. (CSI) informed on February 8, 2023, that it helped ECHO Health, Inc. and MOCA Financial, Inc. form relationships with financial institutions to launch banking-as-a-service (BaaS) and payments initiatives by providing a comprehensive suite of prebuilt open APIs. CSI's state-of-the-art API allows for easy, secure, and audited access to a wide range of products, including but not limited to account opening, deposits, savings, payments, cards, identity ve...