Working with JP Morgan's blockchain unit Onyx, FAB completed time-based and threshold balance-based account funding into deposit accounts to execute a payment obligation. The partners say this opens up the possibility of a dynamic and automated funding...
Alibaba Group Holding Ltd (BABA, 9988.HK), JD.com Inc. (JD, 9618.HK) and Meituan (3690.HK, MPNGY) enjoyed their best trading days in years after the Chinese government announced measures to stimulate the troubled domestic economy. Consumer tech firms were...
Recent data from BofA shows that only 47% of college students feel financially prepared for the “real world”. And while 90% of parents believe they bear responsibility in teaching their child financial literacy skills, finding the right tools can be challenging.
DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment...
A look at the day ahead in European and global markets from Rae Wee Asian markets rallied on Thursday, defying weakness overnight on Wall Street as optimism over China's latest stimulus measures got a fresh boost from news of a possible capital injection into its top banks. Authorities are considering a...
The majority of UK firms are more inclined to play it safe when it comes to integrating technology reveals a new report from Consulting at Davies, the professional services and tech consulting firm. In its survey of 501 senior decision-makers within UK-based financial services companies, Consulting at Davies found that 59 per...
Commercial bank, Anadolubank Nederland N.V. is improving its compliance with EU Instant Payments regulation following a new partnership with payment services provider, Worldline. The new partnership will see Worldline provide Anadolubank with its cloud-based instant payments solution for five years, accelerating digital transformation while remaining compliant. Users will now be able to send and receive instant payments. Sheri...
Nvidia stock (NVDA) rose more than 2% on Wednesday after an industry report projected "unprecedented" levels of investments in artificial intelligence, a bullish sign for the AI chipmaker. Consulting firm Bain's annual technology report published on Wednesday projects that companies will need to make "unprecedented levels of investment" in technology...
Business handshake from lines, triangles and particle style design. Partnership and Deal concept Businesses in Latin America (LatAm) and the Gulf Cooperation Council (GCC) are rapidly looking to diversify their economies, seeking out partnerships with firms abroad. In doing so, businesses...
Businessman Inspecting Paperwork Document of Business Data Analysis working Management report with KPI and metrics connected to database. Corporate strategy for finance, operations, sales, marketing. 2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better...
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