Pacific Compensation Insurance Company

Goldman Sachs Group | January 15, 2020

Goldman Sachs Group Inc (GS.N) reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business. The bank set aside $1.09 billion in the fourth quarter ahead of an expected settlement that could touch $2 billion or more. Goldman’s full-year earnings took a hit of $3.16 per share from the provision. The legal woes come at a time when Chief E...

FINTECH

Mastercard, Global Processing Services | December 17, 2020

Leading issuer processor, Global Processing Services (GPS), today announces it has been selected by Mastercard, the leader in global payments and technology, as its chosen processing partner in its Fintech Express Program. The two companies have been at the forefront of the global fintech revolution, with Mastercard working in close collaboration with GPS to pioneer, challenge and disturb the banking status quo. Together, the two companies have led the innovation curve for fintech...

Reuters | March 23, 2020

U.S. stocks futures pared losses on Monday after the Federal Reserve launched unprecedented measures to support U.S. households and companies, seeking to blunt the economic damage from the coronavrius pandemic. At 8:03 a.m. ET, Dow e-minis 1YMcv1 were down 233 points, or 1.22%. S&P 500 e-minis EScv1 were down 27.5 points, or 1.2% and Nasdaq 100 e-minis NQcv1 were down 53.5 points, or 0.77%....

PAYMENTS

Alacriti, Glia | November 10, 2020

Alacriti, a fintech organization spend significant time in installments, today declared that it has collaborated with Glia, a main supplier of Digital Customer Service. The association empowers budgetary organizations to use Alacriti's installments centered AI chatbot, Ella, inside Glia's Digital Customer Service stage to support clients and individuals explore the advanced installments experience. “Innovative bill payment experiences in emerging channels are becomin...