Finance
Finastra Divests Core Banking Unit, Sharpens Focus on Payments and Lending
Finastra has sold its Universal Banking business to Pollen Street, pivoting to concentrate on payments and lending. The divestiture provides UB with...
Finance 323 articles
Finance
Redemption Bank Unveils Debit Card to Combat Poverty for Single Mothers
Redemption Bank, a Black-owned institution, is launching the Bank King Card debit card to provide direct financial support to single mothers in...
Finance
Martin Lewis Reveals Call Centre Haggling Secrets for Cheaper Bills
Personal finance expert Martin Lewis shares strategies for consumers to haggle with call centres, potentially lowering costs for TV, phone, and insurance.
Finance
Kim Bill Seeks Extended Holds on Suspicious Funds to Combat Fraud
Representative Young Kim has introduced legislation allowing financial institutions more time to investigate suspicious checks and wire transfers, aiming to curb rising...
Finance
Deutsche Bank Slashes Task Times With AI, Citing Tangible Returns
Deutsche Bank has significantly cut task completion times using AI, demonstrating measurable returns on its technology investments. This aligns with broader industry...
Finance
Flexible Rent Payments Boost On-Time Rates, Study Finds
New research by MetroSight shows flexible rent payments improved on-time rates by 3% and cut short-term delinquency by 2.5% at multifamily properties.
Finance
UK Economy Suffers 6% Brexit Hit, Bank of England Data Suggests
Analysis of internal Bank of England company data indicates Brexit has cost the UK economy 6% of its potential growth over the...
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
Finance
OCC Approves Santander’s $12.2 Billion Webster Bank Acquisition
The OCC has approved Santander's $12.2 billion acquisition of Webster Bank, a key regulatory step. The deal awaits Federal Reserve and ECB...