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The International Chamber of Commerce | April 17, 2020
The International Chamber of Commerce has called on Governments and central banks the world over to nullify any rules inhibiting the use of paperless trading, in order to mitigate the disruptive impact of Covid-19 on trade finance transactions. The trade body has filled a memo to regulatory authorities calling for urgent action to remove any reliance on paper-based trade documentation and adopt the Uncitral Model Law on Electronic Transferable Records. The ICC says international le...
Investing.Com | March 18, 2020
Financial markets spasmed, sending U.S. stocks down to December 2018 levels and Bloomberg’s dollar index to a record, as the economic fallout from the pandemic outpaced the massive response from governments and central banks. The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, dro...
Payments
Alacriti, Glia | November 10, 2020
Alacriti, a fintech organization spend significant time in installments, today declared that it has collaborated with Glia, a main supplier of Digital Customer Service. The association empowers budgetary organizations to use Alacriti's installments centered AI chatbot, Ella, inside Glia's Digital Customer Service stage to support clients and individuals explore the advanced installments experience. “Innovative bill payment experiences in emerging channels are becomin...
Reuters | March 27, 2020
U.S. stock indexes fell sharply at the open on Friday, following the S&P 500 and the Dow’s best three-day run in nearly a century, as fears about the economic damage from the rapidly spreading coronavirus returned to the forefront. The Dow Jones Industrial Average .DJI fell 653.70 points, or 2.90%, at the open to 21,898.47. The S&P 500 .SPX opened lower by 74.20 points, or 2.82%, at 2,555.87. The Nasdaq Composite .IXIC dropped 243.29 points, or 3.12%, to 7,554.25 at the opening bel...
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