Nu, the parent company of Nubank, reported its fourth-quarter financial performance, and in response to rapid revenue growth and improving economics, the company saw its value drop 9% in regular trading today after falling sharply in recent sessions. Now worth just $8 per share, Nu is underwater from its IPO price and down about a third from
Synechron, Inc., a leading global digital transformation consulting firm focused on the financial services industry, announced the launch of its PayTech Accelerator Program, aimed at helping banks and other financial services institutions seize new opportunities across the payments landscape and solve evolving common business challenges. This program leverages the expertise of Synechron, joining forces with
Finastra today announced its partnership with DataGear, a leading service provider for banking and financial services in Egypt, to enable corporate banks to rationalize core operations, automate compliance and reduce costs. DataGear will provide its customers with Finastra’s solutions, Fusion Corporate Channels and Fusion Trade Innovation, to help banks strengthen their services and grow their business. Read More
FV Bank, the US bank for digital asset banking and custody services, has introduced its first application programming interface (API) to advance bank automation and integration for its clients’ operations. FV Bank’s API will enable firms to scale their operations through automating data flows and payments systems. The API will streamline payments including ACH, Domestic
With February already underway, many of us have made resolutions for the new year. Common goals include getting into shape or reaching out to an old friend. Another popular resolution is to do better financially. However, keeping these resolutions often proves harder than expected. Because your financial well-being is so important, you should ensure to set goals
Apollo and Mubadala Investment Company today announced the expansion of their global partnership, which currently includes a number of strategic initiatives across Apollo’s integrated platform. The expansion of the partnership supports Apollo’s Capital Solutions business to originate transactions across various asset classes and grow product capabilities. It is designed to benefit a wide range of
Discover the 1st biometric card, pay for your purchases with a simple gesture! Pay contactless even over €50*, with your fingerprint thanks to the integrated fingerprint reader. It’s quick and easy.
Executive Director of Community Banking, Nichol King, discusses why so many people are struggling with poor financial health and shares tips on how people can start improving their spending and saving habits.
Discover the 1st biometric card, pay for your purchases with a simple gesture! Pay contactless even over €50*, with your fingerprint thanks to the integrated fingerprint reader. It’s quick and easy.
It’s not part of Marketing 101, but the next uptick in your firm’s sales could be in the days after its earnings announcement. In the 10 days after an earnings announcement, publicly held firms see an average increase of 1.1% in consumer footfalls at their brick-and-mortar stores and in online sales, according to a recent
Vinci Partners Investments Ltd., the controlling company of a leading alternative investment platform in Brazil, announced today that “Vinci Impacto e Retorno IV”, or “VIR IV” (“the Fund”), the Impact family of funds managed by Vinci Partners’ Private Equity strategy, entered an agreement to invest a R$ 100 million in an investment round for the
We are the Financial Ombudsman Service, an organization set up by Parliament in 2001 to help resolve disputes between consumers and businesses about financial products and services. If you have a problem with your bank, insurance, car finance, pension or payday loan provider, we may be able to help.
