BNY Executes Largest Instant Payment in U.S. History: $10 Million Transfer After Limit Increase The financial industry has reached a pivotal moment in the evolution of real-time payments. The Clearing House and The Bank of New York Mellon Corporation (“BNY”)…
Schwab Trading Activity Index January Starts the Year on a Downturn The Schwab Trading Activity Index™ (STAX) experienced a decline in January, falling to 49.45 from its previous level of 51.16 in December. This proprietary, behavior-based index provides a comprehensive…
Arch Capital Group Ltd. Announces Q4 2024 Financial Results Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch,” “our” or “the Company”) has officially released its financial results for the fourth quarter of 2024. The report highlights strong performance despite challenges posed…
Kennedy Wilson Secures $1.4 Billion in Construction Loans in Q4 2024 Kennedy Wilson, a premier global real estate investment company and a key player in the construction lending sector, successfully closed over $1.4 billion in senior construction loans in the…
TWAAO Clarification A Legally Compliant, Internationally Accredited Trading Platform Recently, the German Federal Financial Supervisory Authority (BaFin) issued a notice stating that TWAAO was providing financial, securities, and cryptocurrency asset services in Frankfurt without the necessary local authorization. As a…
Empower, a leading provider of retirement and wealth management services, has achieved a record-breaking milestone in its financial performance for 2024. The company announced an impressive $973 million in base earnings, marking a 30% increase compared to the previous year.…
Revolutionizing Accounts Receivable Management with FIS Revenue Insight In an era where businesses are increasingly pressured to optimize cash flow and improve financial stability, FIS®, a global leader in financial technology, has unveiled its latest innovation: FIS Revenue Insight. This…
Northern Trust’s 2025 Capital Market Assumptions: A Comprehensive Outlook on Global Markets Northern Trust has unveiled its highly anticipated Capital Market Assumptions 2025 Edition, offering a forward-looking analysis of global financial markets and economic trends. The report forecasts moderate performance…
Tax Systems Launches Alphatax in the UAE to Simplify Corporate Tax Compliance Tax Systems, a renowned global provider of tax and accounting software, has officially introduced its flagship product, Alphatax, to the United Arab Emirates (UAE). This cutting-edge software, which…
Better.com Launches “Better Forever” Loyalty Program to Offer Lifetime Savings for Homeowners Better Home & Finance Holding Company, the parent company of Better.com and Better Mortgage, has announced the launch of Better Forever, a groundbreaking loyalty initiative designed to reward…
Eastman Credit Union Partners with WaveCX to Drive Member Engagement and Digital Adoption Eastman Credit Union (ECU), a full-service financial institution based in Tennessee, has partnered with WaveCX, a leader in personalized digital product engagement solutions, to enhance its digital…
Telcoin Approved to Launch Nebraska’s First Digital Asset Bank Telcoin, a trailblazer in blockchain-based financial services, has achieved a significant milestone with the conditional approval of its application to establish Nebraska’s first Digital Asset Depository Institution by the state’s Department…
