10x Banking, the cloud-native core banking platform, is partnering with SunTec Business Solutions, a relationship-based pricing and billing provider, enabling banks to offer personalised and contextual products, services and offers to their customers, across corporate, SME and retail banking. Through the new partnership, 10x Banking and SunTec will look to deliver...
Asia-Pacific markets plunged on Wednesday, led by Japan’s Nikkei 225 after U.S. tech stocks sold off and weak U.S. economic data sparked recession fears. Japan’s Nikkei 225 was down 4.15%, leading losses in Asia, while the broad based Topix was down 3.55%. Semiconductor related stocks such as Renesas Electronics plunged 9%, making it the largest loser on...
After a whipsaw month of market action, the S&P 500 (^GSPC) logged its fourth-straight winning month to end August. For the month, the S&P 500 added nearly 2.3% while the Dow Jones Industrial Average (^DJI) added almost...
Asia-Pacific markets mostly climbed on Tuesday as investors assess South Korea’s August inflation numbers, which eased to its lowest level on a year-on-year basis since March 2021. The country’s consumer price index recorded a 2% rise year...
Online outage monitor Down Detector received over 600 reports from Lloyds Bank users from 8am this morning with many complaining that they could not see any transactions in the app. Lloyds acknowledged the issue in a post...
Nearly 80% of people across Asia don’t want to travel with any cash to their destination, according to Prateek Sanghi, head of Visa Consulting and Analytics for Asia Pacific. Safety, security, and speed are driving this shift....
Federal Reserve Chair Jerome Powell just suggested interest rate cuts could be on the horizon. The "Magnificent Seven" is a moniker used to collectively describe the world's largest technology businesses -- Apple, Microsoft, Nvidia, Alphabet, Amazon (AMZN 3.71%), Meta, and Tesla. An interesting characteristic of the Magnificent Seven is that each...
Marcin Glogowski, SVP, Managing Director for Europe and UK CEO at Marqeta, discusses transformation in the credit card space Today, the credit card industry is moving beyond its traditional role as a mere financial instrument to become a dynamic digital platform. This shift promises to revolutionise how consumers interact with their...
Pine Labs, a merchant commerce omnichannel platform, is partnering with global payments giant Visa to scale digital payment acceptance and advance India’s digital economy ambitions unveiling a new soundbox-enabled device for QR, Near Field Communication (NFC) and card payments: ‘Pine Labs Mini’. Millions of merchants across India currently rely on...
Disney on Sunday pulled its ABC stations, ESPN and other cable networks from DirecTV’s lineup as the two companies failed to reach a new distribution deal, leaving millions of sports fans in the dark as the college football and NFL seasons get underway. The expiration of an agreement between the...
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