PRA Group (Nasdaq: PRAA)

Wall Street | March 03, 2020

U.S. stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off the economic impact of the coronavirus outbreak and halt the worst sell-off in more than a decade. It was the Federal Reserve’s first emergency rate cut since the 2008 financial crisis, underscoring how grave the central bank views the fast-evolving situation. Stocks initially jumped more than 1% on the news, but gains soon petered out as analysts a...

PAYMENTS

SimplePin | February 22, 2022

Insurance giant CapriCMW has selected SimplePin Inc., the leading cloud-based digital payments platform in the insurance industry, to transform the digital payment landscape. The mission is to automate financial processes and ultimately transform their entire customer experience. SimplePin is known for building the leading premium payments platform in North America. CapriCMW has come up with a solution that would reduce their cost of processing, automate the accounting process and...

PAYMENTS

Volante Technologies | April 06, 2021

Volante Technologies, the international pioneer in cloud payments and financial messaging, reported today that it has received the Cfi. co Global Award for Best Payments & Financial Messaging Solutions for 2021. The CFI.co awards program aims to recognize and honor excellence in individuals and organizations, as well as to promote innovative fintech solutions and consistently high levels of customer satisfaction. Volante's emphasis on cloud-native solutions ...

Credit Suisse | April 03, 2020

Credit Suisse (SIX:CSGN) has a message for investors in its triple-leveraged oil ETN: Buy at your own risk. The intraday indicative value of the VelocityShares Daily 3x Inverse Crude exchange-traded notes, or DWTIF, was equal to or less than $0 on Thursday, according to a Credit Suisse statement. As a result, the closing indicative value will be $0, which means current holders and future buyers won’t receive a payout at maturity, if the ETN is called or if they attempt to redeem, it said. ...