Diebold Nixdorf (NYSE:DBD), a global leader in driving connected commerce for the banking and retail industries, today announced a business update relating to the novel coronavirus (COVID-19) pandemic.
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In view of the evolving situation around the spread of Covid-19 in communities, Axis Bank has set aside Rs. 100 crore to support customers, employees, vendors, government agencies and the community at large towards curbing the spread of coronavirus.
Metro Bank announces that from 1 March to 30 June 2020, personal current account customers will not be charged any interest for using their overdraft. This will happen automatically and customers do not need to contact the bank.
Sygnum Bank announced the launch of its digital CHF token (DCHF). This CHF-pegged settlement token is the first to be issued by a regulated Swiss bank with a full digital asset banking suite
Sygnum’s DCHF is a key component for leveraging the advantages of DLT-based financial infrastructure, including immediate delivery vs payment (T=0) and no counterparty risk, thereby transferring value more efficiently
The settlement token framework and technology developed for Sygnum’s DCHF can be replicated with other major national currencies
BBVA has launched a campaign for employees to do their part to help fight the COVID-19 pandemic. Employees who wish to do so, can join this cause through the campaign ‘Your contribution is worth double’ in which the bank will contribute an additional euro for every euro donated by employees.
MineralTree, a market-leading Accounts Payable (AP) and Payment Automation solution provider, has hir
Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has agreed to combine with Wavy to advance innovation globally and to build a leading position in next-generation conversational marketing in Latin America and around the world.
Last week ABN AMRO announced that, for Commercial Banking clients with a credit facility of up to 2.5 million euros, payment of principal and interest will be deferred for six months.
Today ABN AMRO is extending this measure to Commercial Banking clients with a credit facility with a principal and/or a limit of up to 50 million euros.
It’s a tough environment for trading at the moment. Margins are being squeezed across the board to the extent that some major investment banks are completely withdrawing from certain asset classes upon discovering they are not making a profit. This stems from banks not having a holistic understanding of trading costs. Now is the time to review costs and implement savings and a cloud-based model should be part of the strategy that gives them that much-needed boost.
Coin Metrics, the leading provider of Cryptoasset Data and Infrastructure for institutional investors, announced today that it completed a $6 million round of funding.