Reliant Funding

Financial Management

SparkCognition, AIM2 | February 24, 2021

SparkCognition announced that it agreed to acquire AIM2 from hedge fund management company Brevan Howard and global investment bank Nomura. Being the world's leading industrial artificial intelligence (AI) company, SparkCognition aims to expand further into financial services and with more capabilities in the future. SparkCognition has also executed contracts with both Brevan Howard and Nomura. They will allow SparkCognition to expand its AI capabilities and meet the needs of ...

Payments

Myver | November 27, 2020

Anybody can give an advanced receipt – yet what happens a short time later is totally covered by the Myver™ patent. Myver was encouraged to give a progressive and completely automated corporate expense management system. The new idea is something beyond the next generation frictionless expense handling, and has as of late secured US patent protection (No. 10,515,420). The patent gives Myver the sole option to handle and deal with computerized receipts (likewise message...

Wells Fargo | March 31, 2020

The U.S. government is likely to increase its debt by $1.4 trillion in the second quarter, as it raises cash to finance stimulus that is meant to blunt the economic impact of the coronavirus pandemic, analysts at Wells Fargo said on Tuesday. President Donald Trump on Friday signed into law a $2.2 trillion aid package, the largest ever, to help offset the downturn caused by sweeping shutdowns aimed at containing the outbreak. This includes sending checks to Americans and rushing billions of dolla...

Goldman | February 28, 2020

Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting at its next meeting in March. Traders are pricing in a 72% chance of a quarter-point rate cut at the Fed’s March meeting, according to CME Group’s FedWatch. The central bank’s next policy-setting meeting is March 17-18. It then has one April 28-29 followed by another June 9-10. “Although moderat...