Articles with tag: reuters

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PayPal users to spend USD 50 bln by 2022 with crypto payments, Reuters

26 Oct 2020 | Cryptocurrencies

PayPal has received a conditional Bitlicense by the New York State Department of Financial Services (NYDFS) to launch a new service, according to Reuters.

PayPal, cryptocurrency, payments, Reuters, Bitlicense, US, New York State Department of Financial Services, NYDFS, digital wallet, Bitcoin, Ethereum, Bitcoin Cash, Litecoin

HSBC to invest USD 1 tln in green financing by 2050, Reuters

12 Oct 2020 | E-invoicing, SCF & E-procurement

UK-based bank HSBC has aimed towards net zero carbon emissions across its entire customer base by 2050 and provide between USD 750 billion and USD 1 trillion in financing transition.

HSBC, green financing, Reuters, zero carbon emissions, financing, climate change, Europe, Asia, NatWest, UK, banks, lender

JP Morgan pledges USD 30 bln for reducing racial wealth gap

08 Oct 2020 | Payments General

JP Morgan has declared it would commit USD 30 billion to address racial inequality over the next 5 years, according to Reuters.

JP Morgan, racial wealth gap, racial inequality, Reuters, mortgage, Black borrowers, Latino borrowers, housing project, small business loans, banks, philanthropy, minority suppliers, Bank of America, Citigroup, Community Development Financial Institutions, CDFIs, loans

Citi, JP Morgan, and State Street invest in fintech Capitolis

11 Sep 2020 | Payments General

JP Morgan, Citigroup, and State Street have invested USD 11 million in Capitolis, a US-based technology startup that seeks to help banks use capital more efficiently, according to Reuters.

Citi, JP Morgan, State Street, Spark Capital, Index Ventures, Sequoia Capital, Capitolis, fintech, startup, Reuters, US, United States, banks, capital, software, capital markets, liquidity, financial institutions, trading, financial crisis, risky trades, capital banks, residual trades, derivatives portfolios, investors

Goldman Sachs, Barclays bid for GM's credit card business

13 Aug 2020 | Cards

Goldman Sachs and Barclays have reportedly announced intentions to buy General Motors' credit card unit as they look to increase their consumer banking arm, according to Reuters.

Goldman Sachs, Barclays, General Motors, GM, credit card business, consumer banking, automaker, outstanding balances, Reuters, JP Morgan Chase, Citigroup, Marcus, Apple, iPhone, Apple Wallet, ecommerce

UK-based large businesses observe long road to recovery, Deloitte survey

20 Jul 2020 | Payments General

Deloitte has released a survey stating that 49% of the UK’s biggest companies think it will take until the second half of 2021 to recover from the coronavirus pandemic, according to Reuters.

UK, United Kingdom, large businesses, Deloitte, coronavirus, pandemic, Reuters, recovery, Bank of England, Decision Makers’ Panel, jobs, investment, balance sheet, economy

eBillingHub and Wilson Allen partner to boost billing processes

10 Oct 2019 | E-invoicing, SCF & E-procurement

eBillingHub, the electronic billing solution from Thomson Reuters, has partnered with UK-based consultancy Wilson Allen to boost e-billing services.

eBillingHub, Wilson Allen, e-billing, partnership, Thompson Reuters, UK, US, electronic billing, proforma tracker, billing process, proforma invoice, electronic invoice, Thomson Reuters Elite, API platform