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Stocks shed gains, Treasury yields jump as Fed signals rate hikes could come ‘soon’

Stocks shed gains, Treasury yields jump as Fed signals rate hikes could come ‘soon’

By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks retreated Wednesday, erasing strong gains, after the Federal Reserve signal..

As investors lean towards private financing CAMRADATA’s latest whitepaper explores trends and opportunities in Private Markets

As investors lean towards private financing CAMRADATA’s latest whitepaper explores trends and opportunities in Private Markets

CAMRADATA’s new whitepaper on Private Markets asks two key questions: how far the substitution of traditional bank financing by privat..

European Leveraged Finance Association ESG Investor Survey: ESG considered in vast majority of high yield bond and leveraged loan investments, but data availability remains a challenge

European Leveraged Finance Association ESG Investor Survey: ESG considered in vast majority of high yield bond and leveraged loan investments, but data availability remains a challenge

ELFA publishes survey results in latest Insights report, “ESG Integration in Leveraged Finance – Continued Focus Amidst Persistent Da..

Business

Bugcrowd Reports 185% Increase in High-Risk Vulnerabilities within Financial Sector

Bugcrowd Reports 185% Increase in High-Risk Vulnerabilities within Financial Sector

2022 Priority One Report Cites Increasing Need for Crowdsourced Security Due to Rapid Digital Transformation SAN FRANCISCO, CA – Bugcrowd, the leader ..

Microsoft offers strong forecast, lifting shares

Microsoft offers strong forecast, lifting shares

By Nivedita Balu and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wa..

Global share sell off pauses in Asia as investors await Fed policy update

Global share sell off pauses in Asia as investors await Fed policy update

By Stella Qiu and Alun John BEIJING (Reuters) – Asian share markets steadied on Wednesday after three sessions of losses as inve..

Oil prices rise on supply disruption jitters as geopolitical tensions grow

Oil prices rise on supply disruption jitters as geopolitical tensions grow

By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Tuesday, regaining some of the ground lost in the previous day’s ..

Britain says 6,000 more people needed for trial of Merck COVID pill

Britain says 6,000 more people needed for trial of Merck COVID pill

LONDON (Reuters) – Britain said on Tuesday it needed to recruit 6,000 more people onto a trial of Merck’s COVID-19 antivir..

Delivery race among Indian grocery startups brings road safety risks

Delivery race among Indian grocery startups brings road safety risks

By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) -Indian grocery startups are luring tech-savvy customers with the promise of deliv..

Temasek to acquire Bridgepoint’s UK-based testing firm for $7 billion -sources

Temasek to acquire Bridgepoint’s UK-based testing firm for $7 billion -sources

By Anshuman Daga SINGAPORE (Reuters) -Singapore’s Temasek Holdings has agreed to buy Element Materials Technology for about $7 b..

Challenger Bank shortlisted in three categories in UK’s largest business finance awards

Challenger Bank shortlisted in three categories in UK’s largest business finance awards

A UK Challenger Bank set up less than five years ago has been named as a finalist in three categories in the largest busin..

The Importance of a Holistic Brand Strategy

The Importance of a Holistic Brand Strategy

By: Dangerfield and Fortune In 2021, brand strategy was the third largest spend within marketing budget — above analytics, research, a..

Encore Bank Partners with ZSuite Technologies to Leverage Innovative Technology Solutions

Encore Bank Partners with ZSuite Technologies to Leverage Innovative Technology Solutions

WESTWOOD, Mass.,– ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products ..

Finastra extends collaboration with National Bank of Greece for ISO 20022 migration

Finastra extends collaboration with National Bank of Greece for ISO 20022 migration

London, UK – Finastra is supporting National Bank of Greece (NBG) with its transition to the new ISO payments standard, due to come in..

Altura Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform

Altura Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK – Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Altura Credit Union has col..

China’s international flight suspensions leave travellers stranded, hurt businesses

China’s international flight suspensions leave travellers stranded, hurt businesses

By Stella Qiu and Jamie Freed BEIJING/SYDNEY (Reuters) – When Dwight Law’s father died in November, the Shanghai-based U.S..

Oil prices hover around 2014 highs, supported by supply concerns

Oil prices hover around 2014 highs, supported by supply concerns

By Naveen Thukral and Roslan Khasawneh SINGAPORE (Reuters) -Oil steadied on Thursday, clawing back losses earlier in the session, as s..

Betting Omicron has peaked, Johnson drops COVID rules in England

Betting Omicron has peaked, Johnson drops COVID rules in England

By Alistair Smout LONDON (Reuters) – British Prime Minister Boris Johnson announced the end of COVID-19 measures introduced to c..

Oil rises to 7-year high as Turkey outage adds to tight supply outlook

Oil rises to 7-year high as Turkey outage adds to tight supply outlook

By Sonali Paul MELBOURNE (Reuters) – Oil prices rose for a fourth day to a seven-year high as an outage on a pipeline from Iraq ..

New Zealand navy vessels with supplies to reach tsunami-hit Tonga on Friday

New Zealand navy vessels with supplies to reach tsunami-hit Tonga on Friday

By Michelle Nichols, Kirsty Needham, Tom Westbrook and Praveen Menon (Reuters) -Two New Zealand navy vessels carrying disaster relief ..

Microsoft to gobble up Activision in $69 billion metaverse bet

Microsoft to gobble up Activision in $69 billion metaverse bet

By Subrat Patnaik (Reuters) -Microsoft Corp is buying “Call of Duty” maker Activision Blizzard for $68.7 billion in the bi..

ZeroPay Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

ZeroPay Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

AI platform empowers ZeroPay to extend credit to consumers in BNPL segment  NEW YORK, BANGALORE – Jan. 18, 2022 – Leading AI-powered c..

Temenos announces Composable Banking Services on the Temenos Banking Cloud Platform

Temenos announces Composable Banking Services on the Temenos Banking Cloud Platform

New Composable Banking Services accelerate product time-to-market for banks and non-banks by easily combining Temenos Banking Capabili..

New Research Shows Leading Global Banks Expect Request to Pay to Challenge Direct Debits and Payment Cards

New Research Shows Leading Global Banks Expect Request to Pay to Challenge Direct Debits and Payment Cards

18 January 2022 – A survey of leading global banks by Icon Solutions has revealed that Request to Pay is widely expected to challenge ..

Crezco hires former Chip Financial executive to head up growth and finance operations

Crezco hires former Chip Financial executive to head up growth and finance operations

18 January 2022:  Business-to-business open banking payments provider Crezco has appointed Ivelina Delcheva as its first Chief Financi..

Fintech Company Quartix raises $20M Funding to democratize Supply Chain Finance and unlock efficient capital to middle-market industrial companies

Fintech Company Quartix raises $20M Funding to democratize Supply Chain Finance and unlock efficient capital to middle-market industrial companies

CHARLOTTE, N.C., Jan. 13, 2022 (GLOBE NEWSWIRE) — Fintech company Quartix, who provides a SaaS platform that unlocks digital Su..

Rio Tinto says output from $2.4 billion Serbia lithium project to be delayed

Rio Tinto says output from $2.4 billion Serbia lithium project to be delayed

(Reuters) – Rio Tinto on Tuesday pushed back its timeline by a year to 2027 for first saleable production at its $2.4 billion Se..

Oil rises to more than 7-year high on Mideast tensions

Oil rises to more than 7-year high on Mideast tensions

By Sonali Paul MELBOURNE (Reuters) – Oil prices rose on Tuesday to a more than seven-year high on worries about possible supply ..

Scienaptic Fully Integrates With CU*Answers For Deploying AI-Powered Credit Decisions

Scienaptic Fully Integrates With CU*Answers For Deploying AI-Powered Credit Decisions

NEW YORK – Jan. 13, 2022 – Leading AI-powered credit decisioning platform provider, Scienaptic AI announced its full integration with ..

UK economy finally bigger than before pandemic in November

UK economy finally bigger than before pandemic in November

By William Schomberg and Alistair Smout LONDON (Reuters) – Britain’s economy grew strongly in November to finally surpass ..

Central banks start turning off the cash taps

Central banks start turning off the cash taps

By Tommy Wilkes LONDON (Reuters) – As speculation grows about when the Federal Reserve will begin reducing the size of its balan..

Facebook faces $3.2 billion UK class action over market dominance

Facebook faces $3.2 billion UK class action over market dominance

By Kirstin Ridley LONDON (Reuters) – Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus ($..

Payments’ disruptor DigiDoe seals six- figure investment

Payments’ disruptor DigiDoe seals six- figure investment

DIGIDOE, the London-based startup which is on a march to revolutionise the world’s outdated payments infrastructure, has secured more ..

Radware Appoints Guy Avidan Chief Financial Officer

Radware Appoints Guy Avidan Chief Financial Officer

TEL AVIV, Israel, Jan. 13, 2022 — Radware® (NASDAQ: RDWR) announced today the  appointment of Guy Avidan as its new chief financial of..

Zinc Strengthens Its Position in The Banking Sector with Two Major Contracts Signed in December

Zinc Strengthens Its Position in The Banking Sector with Two Major Contracts Signed in December

Thursday 13 January 2022   The Zinc group saw a solid end to 2021 with successfully completing two significant bids in the bankin..

Central banks start turning off the cash taps

Central banks start turning off the cash taps

By Tommy Wilkes LONDON (Reuters) – As speculation grows about when the Federal Reserve will begin reducing the size of its balan..

Digital pound could hit financial stability and erode privacy, UK lawmakers warn

Digital pound could hit financial stability and erode privacy, UK lawmakers warn

By Tom Wilson LONDON (Reuters) – A digital pound used by consumers could harm financial stability, raise the cost of credit and ..