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Tag: Finance


Finance Tech, Trading

How major US stock indexes fared Tuesday

August 3, 2021

Via: ABC News

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]


Finance Tech, Liquidity

Gold Price Technical Outlook Warns of Looming Death Cross Formation

August 3, 2021

Via: DailyFX

The price of gold appears to have reversed course following the failed attempt to test the July high ($1834), and the precious metal may continue to give back the rebound from the June low ($1751) as it initiates a fresh […]


Finance Tech, Mobile Banking & Payments

Bank Collaborations Key To Faster Payment Initiatives

July 28, 2021

Via: PYMNTS.com

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an […]


News

How major US stock indexes fared Tuesday

July 27, 2021

Via: ABC News

Stocks closed lower on Wall Street Tuesday, pulling major indexes back slightly from the records they set a day earlier. Weakness in big technology companies was the biggest factor. Markets have been choppy as investors try to get a clearer […]


Financial Services, Trading

Global markets sink ahead of Fed update on economy

July 27, 2021

Via: ABC News

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]


Finance Tech, Liquidity

Bitcoin mining stocks surge as the cryptocurrency rallies towards $40,000

July 26, 2021

Via: Markets Insider

Shares of cryptocurrency mining companies soared in early Monday morning trading as bitcoin staged a rally to a six-week high above $38,000. Marathon Digital Holdings and Riot Blockchain both jumped 18% premarket. Crypto mining peers including Bitfarms (up 17.6%), Bit […]


News

Payments M&A is hot, but deals could face antitrust scrutiny

July 26, 2021

Via: Payments Dive

The pandemic ushered in an era of mass digital adoption as consumers looked to fight off the chances of contracting the virus. Digital payments volume and “the number of digital accounts increased significantly in 2020 as online commerce represented a […]


News

Bend Financial Meets HSA Investing Surge with Expanded, Fully Integrated Investment Offering

July 15, 2021

Via: Markets Insider

Bend Financial (Bend), an industry-leading health savings account (HSA) provider, today announced the expansion of its HSA investment platform to now include a fully integrated investment offering that provides HSA investors seamless access to fractional trading, multiple investment models, exchange-traded […]


News

US unemployment claims fall to 360,000, a new pandemic low

July 15, 2021

Via: ABC News

The number of Americans applying for unemployment benefits has reached its lowest level since the pandemic struck last year, further evidence that the U.S. economy and job market are quickly rebounding from the pandemic recession. Thursday’s report from the Labor […]


Finance Tech, Trading

Carver Bancorp Triples in Apparent Meme Stock Boost

July 8, 2021

Via: TheStreet

Carver Bancorp (CARV) – Get Report more than tripled on Thursday as one of the country’s oldest and largest African-American-backed financial institutions caught the attention of retail traders. Shares of the New York company at last check were trading at […]