· The regulatory environment has made it increasingly challenging for providers to offer personalised financial support and guidance in a way that goes far enough to help a customer to make their own decisions with greater confidence. Personalised guidance, to help people narrow their options without giving a personal recommendation, would be a great step forward.
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Supernovae Labs, the first fintech accelerator in Italy dedicated to banks and financial institutions, joined forces with Salt Edge, open banking pioneer, to provide Italian financial institutions and third-party providers a much more secure and reliable way of aggregating bank data and initiating payments powered by PSD2.
UK launch is first phase of European expansion
Mobile wallet to consign barriers to entry to the past and accelerates mass adoption of decentralized services
State of the art staking vaults make truly non-custodial earning a reality
Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, has announced today that its Realiti® software suite has been selected by Nord/LB as the bank embarks on a digital transformation project to overhaul its treasury operations.
Proposed order would require nation’s largest reverse-mortgage lender to pay $1.1 million penalty for deceptive acts aimed at older homeowners
What Freedom Day really means for the economy.
Everyone wants to look past it, but it is what it is. There are still 5 million fewer jobs in the USA, over 3% of the workforce, than pre-Covid. Many have simply given up. If we add that 3% to the unemployment rate, we get a better idea of how well the employment situation is really going. Over 8%, is not a strong economy.
Summary: US September Non-Farms Payrolls disappointed with a mediocre Jobs creation number of +194,000, way below median expectations of 500,000. However, the Unemployment rate fell to 4.8% from 5.2% in August, due to reduced participation. And the August Jobs number was revised upwards to 360,000 from 235,000. At the end of the day, the Dollar Index (USD/DXY) which measures the value of the Greenback against a basket of 6 major currencies, was mildly lower to 94.10 (94.20 Friday).
- Temenos partners with Silicon Valley-based Mbanq to power innovative Credit Union-as-a-Service (CUaaS) offering for US Credit Unions, a market estimated at $3.6bn annually
- Mbanq’s CUaaS, powered by The Temenos Banking Cloud, enables Credit Unions to gain faster time to market with cutting-edge digital financial services for members at a reduced total cost of ownership