Truist Bank Collaborates With Trovata to Improve Liquidity Management
Truist Bank announced the beginning of a partnership with Trovata, which is a provider of banking application software interfaces (APIs) and corporate cash management services.
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U.S. Bank Launches Avvance Installment Payment Tool
U.S. Bank announced the launch of a tool, the use of which provides businesses with the opportunity to offer consumer financing at points of sale.
Apple Reveals Plan to Democratize Repairs
Apple has announced its plans to provide tools, spare parts, and documentation necessary for the repair of the company’s devices to independent workshops and consumers in the United States.
Amazon Reportedly Considers Expansion Into Veterinary Telehealth
The media reports that Amazon is currently exploring the possibility of expanding its corporate sphere of telemedicine into veterinary as part of its attempt to improve its position in competition with Walmart.
JPMorgan CEO Criticizes Central Banks for Wrong Forecasts
Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co, said that the fact that central banks in early 2022 released forecasts about the development of the situation in the financial and economic environment, which did not come true, should prompt some humility regarding the preliminary vision of the state of affairs in the mentioned […]
BNY Mellon Rolls Out White Labeling Service
The Bank of New York Mellon has presented a White Labeling service for its LiquidityDirect platform.
Silicon Valley Bank Launches Improved Digital Banking Platform
Silicon Valley Bank (SVB), which became the unit of First Citizens Bank after its resonant collapse in March 2023, presented several new products and services.
OpenAI Executives Say About Potential of AI to Do Any Job
The leaders of OpenAI suppose that over the next ten years, artificial intelligence will receive the abilities and capabilities sufficient to perform any work that is in the space of human activity.
Apple CEO Visits China Amid iPhone Sales Drop
The media reports that Apple CEO Tim Cook visited China, one of the largest markets for the company’s products and an important manufacturing center, as part of an unannounced trip.
Revolut Continues Its Attempts to Obtain British Banking License
Revolut continues its difficult path to obtaining a banking license in the United Kingdom.
Chinese Authorities Investigate Foxconn
The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.
Paytm Reports 32% Revenue Growth
Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.
Citi Rolls Out New Travel and Expense Management System
Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.
Lloyd’s Reports Potential Global Consequences of Payments System Cyber Attack
Insurance marketplace Lloyd’s of London reported that in the event of a large-scale cyberattack on the systemic payment system, the global economy may face a consequence in the form of damage for $3.5 trillion.
IMF Forecasts Increase in India’s Contribution to Global Economic Growth
The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.
Global Exodus From Chinese National Equities Shows Growth
Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.
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