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Volante, Citi | January 19, 2021
Volante Technologies, the global pioneer in cloud payments and financial messaging, and Citi Treasury and Trade Solutions (Citi) are developing their longstanding relationship to quicken the bank's appropriation of the ISO 20022 financial messaging standard across its global payments operations. Because of this joint effort, Citi will be the principal Volante client to offer a brought together way to deal with ISO 20022 migration across the globe. Citi will be building its cor...
Business Wire | October 01, 2020
Kasasa®, an award-winning financial technology and marketing provider, has partnered with NXTsoft, the market leader in API connectivity, to enhance the lending process for community banks and credit unions and their borrowers. Together, NXTsoft and Kasasa will provide a level of ease and flexibility to the lending processes that borrowers have never seen before. The capabilities and functionality of online loan interactions become a non-issue because of the end-to-end connection of data tha...
Nacha | February 07, 2020
US clearing house Nacha is to use blockchain technology to build Phixius, an online platform to ease the exchange of payment-related information between companies. Traditionally, the exchange of payment-related information has consisted of multiple bilateral agreements, which are costly to administer and often run manually, resulting in misdirected payments and opportunities for fraud. The new online platform will integrate technology, rules and participants to streamline the payments process, u...
Reuters | March 30, 2020
Global oil benchmark Brent crude plunged to its cheapest in 18 years on Monday, while U.S. crude briefly tumbled below $20 per barrel, on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline further. The market extended losses after data provider Genscape reported that U.S. stockpiles at Cushing in Oklahoma rose more than 4 million barrels last week, which was the biggest-one week increase in more than 10 years. With Saudi Arabia and Russia se...
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