by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. New Twitter owner Elon Musk told employees on Thursday of his plans to incorporate banking features into the Twitter platform, essentially turning the social media platform into what he called “the people’s financial institution.” According to Musk,...
by visbanking | Nov 15, 2022 | Banks, News
By: Ken Chase. A recent survey of roughly 500 banking executives from around the world found that more than three-quarters of respondents support using their industry to promote “social good.” The Banking in 2035: global banking survey by Economist...
by Estela Guevara Santiago | Nov 10, 2022 | Banks, News
By: Ken Chase. The Federal Reserve’s November 2022 Financial Stability Report was released on Friday and suggested that the nation’s banks are well-capitalized to manage potential shocks to the U.S. economy. However, the report cited a number of worrying...
by visbanking | Nov 10, 2022 | Banks, News
By: Ken Chase. The U.S. Federal Reserve announced another 75-basis point increase in interest rates on Wednesday, in a move that had been widely anticipated by economists and market analysts. Despite those expectations, however, U.S. markets declined in frenzied...
by Estela Guevara Santiago | Nov 10, 2022 | Banks, News
By: Ken Chase JPMorgan Chase has revealed that it is piloting a new platform designed to help landlords and property managers invoice and receive rental payments. Commercial banking division chief innovation officer Sam Yen confirmed that the bank’s new Story software...
by Ken Chase | Nov 2, 2022 | Banks, Market
By: Ken Chase. In an online interview Friday, Swiss National Bank Vice Chairman Martin Schlegel offered his support for Credit Suisse’s recently announced plans to restructure and raise $4 billion in capital from investors. Schlegel endorsed the move during an...
