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Visa | February 06, 2020
Astra, an automation platform, recently revealed that it had joined payments giant Visa’s US-based Fintech Fast Track Program. Astra has a mobile app that assists US customers in improving their cash flow and helps them save time using established rules that automatically transfer funds between accounts. By joining Visa’s fast track program, Astra will be able to further expand its business operations, which are focused on financial automation. The Fintech firm has developed the auto...
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Wells Fargo & Company | December 14, 2021
Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will jointly use a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans to extend the platform to settle additional currencies in the near future. Utilizing blockchain technology, this solut...
Fattmerchant | June 16, 2020
Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces the release of Contactless by Omni. This new all-in-one contactless payment solution provides business owners with the ability to go touch-free and virtual overnight, allowing their business to begin accepting payments in the ways that their customers are most comfortable with. A recent survey conducted by Fattmerchant shows a shift in consumer payment pr...
Reuters | January 20, 2020
Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions between China and the United States ease, but geopolitical uncertainties and protectionist pressures are tempering expectations, it said. In 2019, global FDI flows were estimated at $1.39 trillion, down...
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