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Tuesday, May 26, 2020
ECS Fin-Transaction Processing & Automation

SoFi: Acquires Hong Kong stock trading app 8 Securities

SoFi: Acquires Hong Kong and Tokyo-based consumer stock trading app 8 Securities SoFi, the fintech which acquired Galileo for $1.2 billion earlier this month ...

Latest Posts

FCA: Acts to strengthen protections for customers using payment firms

FCA: Acts to strengthen protections for customers using payment firms Launched a consultation on additional guidance for payments firms to strengthen the way in...

PXL Vision: Raises CHF4.6M in Seed Financing

PXL Vision: Raises CHF4.6M in Seed Financing PXL Vision, a Zurich, Switzerland-based artificial intelligence powered identity fraud platform provider, raised CHF4.6M (USD 4.7m) in...

City Chic Collective: Announces staged re-opening of stores

City Chic Collective: Announces staged re-opening of stores City Chic Collective was up more than 14 per cent today after announcing a staged re-opening...

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1...

XE.com: Australian and New Zealand Dollars Make Small Recovery

XE.com: Australian and New Zealand Dollars Make Small Recovery

  • For now the fact that it has not gotten materially worse has helped risk sentiment and the AUD and NZD are both still enjoying their bounce off the lows
  • New York currently has 52,318 confirmed cases with 728 deaths, and Trump has just decreed there will be no quarantine
  • Markets will move from straight “Risk on/Risk off” flows and will start looking at how countries comparatively are stacking up
  • The Reserve Bank of New Zealand has said it will begin Open Market Operations, or the buying of Corporate bonds
  • This is a loosening of policy at the margins, and shows that Central banks do have a few more strings to their bow than just interest rates
  • The more bonds they buy, the more banks can lend, and hence it helps the stimulate the economy and keep corporates liquid

Latest Posts

FCA: Acts to strengthen protections for customers using payment firms

FCA: Acts to strengthen protections for customers using payment firms Launched a consultation on additional guidance for payments firms to strengthen the way in...

PXL Vision: Raises CHF4.6M in Seed Financing

PXL Vision: Raises CHF4.6M in Seed Financing PXL Vision, a Zurich, Switzerland-based artificial intelligence powered identity fraud platform provider, raised CHF4.6M (USD 4.7m) in...

City Chic Collective: Announces staged re-opening of stores

City Chic Collective: Announces staged re-opening of stores City Chic Collective was up more than 14 per cent today after announcing a staged re-opening...

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1...

Trending Stories

FCA: Acts to strengthen protections for customers using payment firms

FCA: Acts to strengthen protections for customers using payment firms Launched a consultation on additional guidance for payments firms to strengthen the way in...

PXL Vision: Raises CHF4.6M in Seed Financing

PXL Vision: Raises CHF4.6M in Seed Financing PXL Vision, a Zurich, Switzerland-based artificial intelligence powered identity fraud platform provider, raised CHF4.6M (USD 4.7m) in...

City Chic Collective: Announces staged re-opening of stores

City Chic Collective: Announces staged re-opening of stores City Chic Collective was up more than 14 per cent today after announcing a staged re-opening...

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub

BIS: Appoints Bénédicte Nolens as Head of the BIS Innovation Hub Bénédicte Nolens appointed head of Hub Centre in Hong Kong SAR, starting 1...

EFAMA: Calls for changes to investor protection rules in the MIFID II MIFIR Review

EFAMA: Calls for changes to investor protection rules in the MIFID II MIFIR Review EFAMA the voice of the European investment management industry represents...

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