Spectrum Financial Group

PAYMENTS

Mogo, Carta Worldwide | February 22, 2021

Mogo Inc. a popular digital payments and financial technology company has announced its expansion. The expansion is going to take place of its wholly-owned subsidiary, Carta Worldwide (“Carta”), which is a modern card issuing platform in the U.S. – the world’s largest payments market. In this, Carta will commence deploying innovative card products for its initial group of clients in Q1 2021. By doing this, it can expect to further expand its customer base of banks and fin...

Wall Street | April 02, 2020

U.S. stock markets opened lower but quickly rebounded on Thursday after another record-breaking rise in initial jobless claims underlined the scale of the damage being wrought on the U.S. economy by the Covid-19 pandemic. Another 6.65 million people filed for unemployment benefits last week, over twice as many as the 3.3 million who claimed a week earlier (the number was revised up by 20,000). In all, 6% of the U.S. workforce have hit the jobless rolls in just two weeks. By 10:05 AM ET (1405 GMT...

PAYMENTS

Finstro | July 08, 2021

Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, intends to increase digital adoption momentum in the B2B sector by launching a card solution and an integrated ERP solution to support the supplier/buyer trade relationship. According to a 2018 Goldman Sachs Global Technology Equity Research report, paper-based payment processes accounted for 70% of transaction volume in B2B commerce in the United States and cost businesses - many small ...

INVESTMENTS

ADLINK | June 01, 2022

ZettaScale Technologies today announced that it has raised a strategic investment from TTTech Auto. The investment marks the start of a strategic partnership between the two companies that will result in the creation of the first European implementation of Data Distribution Service (OMG DDS) that is certified for use in series cars, and enables ZettaScale to expand its market coverage from robotics and mission critical middleware to the automotive market. We ...