Peoples Trust

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...

Core Banking

Skyflow, Financial Data Exchange | December 03, 2020

Skyflow, the pioneer in ensuring protection for undertakings, today declared it is joining the Financial Data Exchange (FDX) to help speed the financial industry's progress to current, straightforward and secure data sharing. The quick appropriation of cloud administrations and the expanded versatility of distant labor forces is quickening the sharing of data and the far and wide expansion of individual secret data. Securing client data has now become a worldwide concern, and ...

Cision PR Newswire | September 21, 2020

Wirex, the leading payments platform taking the fintech and cryptocurrency industries by storm, announced their first crowdfunding. Aiming to raise £1 million, the company will give customers and fintech fans the opportunity to invest before they scale-up in the coming months. From 21st September, individuals can pre-register to invest in the company. It is expected to be one of the largest and most successful campaigns carried out by renowned equity crowdfunding platform, Crowdcube, who h...

EVO Payments | April 01, 2020

US merchant acquirer EVO Payments has secured a $150 million equity injection to help it navigate through the Coronavirus pandemic. The investment came from funds associated with long-term partner Madison Dearborn, a private equity firm that has been a significant shareholder of the company since 2012. The proceeds will be used the strengthen EVO's balance sheet, pay down debt and to fund potential future investment opportunities. In a statement, the firm says: "EVO is closely monitorin...