UBS reports 137% increase in net profits for Q4 2020
The company’s net profit was $6.62bn for the year ending 31 December 2020, an increase of 53% compared…
Company News
Melio secures $110m to expand digital payments offerings in US
27 Jan 21With the latest financing, the total investment in the company reaches $240m, and the company’s total valuation reaches…
SGX, Temasek to set up digital asset infrastructure JV for capital markets
25 Jan 21The joint venture will focus on capital markets workflows via smart contracts, ledger, and tokenisation technologies
MoneyGram, Checkout.com partner to expand P2P payments using Visa Direct
25 Jan 21Using the MoneyGram’s website or mobile app, customers can now transfer money to Visa debit card holders across…
Elinvar secures €25m funding to scale its wealth management platform
22 Jan 21The funding round is led by Toscafund, joined by existing investors Ampega Asset Management, finleap and Goldman Sachs
Morgan Stanley reports 51% rise in profits for Q4 2020
21 Jan 21Morgan Stanley has generated net revenues of $13.6bn for Q4 2020, a 26% increase compared to $10.9bn for…
ICICI Bank rolls out InstaFX mobile app for forex partners
21 Jan 21The new mobile app will help authorised money changers to digitally complete the KYC verification for issuing the…
Temenos rolls out new enterprise pricing solution for banks
20 Jan 21The solution is designed to enable banks to overcome the limitations of their legacy core banking or other,…
Goldman Sachs posts 135% increase in profit for fourth quarter of 2020
20 Jan 21The company attributed the growth in net income and revenues to its focus on serving clients and executing…
Finastra moves investment management solution to cloud
19 Jan 21Fusion Invest in the cloud will help asset managers in supporting their investment management requirements, eliminating the need…
