Articles with tag: interest rates

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NerdWallet acquires British comparison site Know Your Money

01 Sep 2020 | Mobile Payments

US-based personal finance company NerdWallet has acquired UK-based comparison site Know Your Money

NerdWallet, Know your Money, UK, US, expansion, acquisition, mergers and acquisition, M&A, personal finance management, mobile payments, interest rates, comparison market, Europe, North America

Amazon, Goldman Sachs partner for small business credit lines

11 Jun 2020 | Payments General

Amazon has partnered with Goldman Sachs to introduce a new credit line for the US merchants on its platform, according to Forbes.

Amazon, Goldman Sachs, small business sellers, small business credit line, Marcus, consumer banking, revolving credit lines, interest rates

Bank of England releases recession warnings

07 May 2020 | Payments General

The Bank of England has warned that the UK economy will be hit by recession because of the coronavirus pandemic.

Bank of England, recession, coronavirus, pandemic, technical recession, economic decline, interest rates, economic challenge

RBA maintains 0.25 percent rates, expands repurchasing

05 May 2020 | Payments General

The Reserve Bank of Australia has maintained the official interest rate at 0.25%, while looking to extend repurchasing operations, as reported by afr.com.

RBA, Reserve Bank of Australia, interest rates, repurchasing, corporate bonds, collateral, credit ratings, repurchasing agreements, Australia, central bank

Indian Bank announces a cut in its lending rates

01 Apr 2020 | Payments General

Following a 0.75% reduction in the repo rate announced by the Reserve Bank (RBI), Indian Bank has decided to cut its lending rates.

Reserve Bank, RBI, Indian Bank, lending rates, interest rates, Bank of Baroda, pandemic, consumer loans, banking, India

86 400, Volt Bank, Up cut account interest rates following Reserve Bank cuts

20 Mar 2020 | Online & Mobile Banking

Australian neobanks 86 400, Up and Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.

Australia, neobanks, 86 400, Up, Volt Bank have cut their interest rates by 0.25% following the decision taken by The Reserve Bank of Australia.