The Capital International Group

PAYMENTS

Finastra | November 02, 2021

Finastra today announced the introduction of new anti-money laundering (AML) compliance capabilities integrated with its Fusion Global PAYplus core payments solution, via Fincom.co and the FusionFabric.cloud open developer platform. Banks can tap into the Fincom.co AML screening app to access real-time compliance screening functions in line with regulatory requirements, which only continue to increase in volume and diversity, lowering operational costs. Gideon Drori, CEO at Fincom...

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

Reuters | March 09, 2020

Shares of U.S. banks sharply underperformed the broader stock market on Monday as investors bet tumbling interest rates would crush bank profits and worried about rising credit costs in the face of an economy spooked by coronavirus and plunging oil prices. Among the sector’s biggest decliners were smaller banks with the most direct exposure to energy companies as oil futures tumbled as much as a third on Monday due to a price war between Saudi Arabia and Russia. These banks, which include ...

CORE BANKING

Equifax, AccountScore | February 10, 2021

In order to improve Open Banking and insights competences of the company, Equifax, Inc. (NYSE: EFX) has recently acquired AccountScore Holdings Limited, a transaction data analytics company. This acquisition will help the company to enhance commercial and consumer products offerings. This would be made possible with the assistance of AccountScore in combining Equifax’s traditional credit bureau information with bank transaction data. This integration also bene...