Articles with tag like: interest rates

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HMBradley raises USD 18.25 million to further its growth

News | Payments General | 25 Nov 2020

HMBradley, a digital banking platform built to reward savers, has raised USD 18.25 million in Series A funding based on its growth.

digital banks, Hatch Bank, funding, savings, interest rates, credit card, HMBradley, APY

Central Bank Digital Currency (CBDC) – building together the future of money (and humanity)

Voice of the Industry | Cryptocurrencies | 02 Nov 2020

We can do better than build back the pre-pandemic world – we can build forward to a world that is more resilient, sustainable, and inclusive. We must seize this new Bretton Woods momentKristalina Georgieva, IMF Managing Director, Washington, DC on 15th October 2020

central bank digital currency, CBDC, COVID-19, payments digitalisation, Libra, cross-border payment, cryptocurrencies, tokens, stablecoins, reserve currency, SWIFT, fiscal stimulus, Fed, interest rates, Central banks, commercial banks, BIS, IMF

NerdWallet acquires British comparison site Know Your Money

News | Mobile Payments | 01 Sep 2020

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

News | Payments General | 11 Jun 2020

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

News | Payments General | 07 May 2020

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

News | Payments General | 05 May 2020

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

News | Payments General | 01 Apr 2020

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