According to HTF Market Intelligence, the Global Retail Core Banking Systems market to witness a CAGR of 14.80% during forecast period of 2024-2030.
Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here. The big story Ramp, […] © 2024 TechCrunch. All rights reserved. For personal use only.
As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off Source: Bloomberg The flows into money-market fund assets through April 24 mainly on the back of inflows by institutional investors, which had led the tax-related decline the...
Stock markets in the Asia-Pacific region traded mostly higher at the start of the week, while Chinese stocks dipped in the negative territory as investors digested the People's Bank of China's (PBoC)
(Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is "unbelievable," Dimon said at an Economic Club of New York event on Tuesday. Dimon, who has run the largest U.S. lender for more than 18 years, has cautioned that inflation could be more persistent than expected, keeping interest rates higher for longer.
JPMorgan Chase CEO Jamie Dimon is worried about "stagflation," a period of slow economic growth, high unemployment, and high inflation. Here's why.
(Bloomberg) — Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t expect the president
The Egyptian Minister of Finance, Dr. Mohamed Maait, stated on 17 April that Egypt aims to empower the private sector to constitute 70 percent of Egypt’s gross domestic product (GDP), with a focus on increasing domestic production and exports. During a panel discussion in the event, “Governor Talks – Egypt: Lessons in Restoring Macroeconomic Stability” of the International Monetary Fund (IMF) and World Bank spring meetings held at Washington, DC, Maait announced, “We are implementing a...
Mortgage defaults are accelerating the Toronto housing market according to data tracked by broker John Flynn on X. The Toronto
High winds, rains, winter storms and tropical cyclones accounted for 80% of power interruptions over the last 20 yearsPower outages in the US are rising, as climate-related extreme weather strain an already burdened energy grid.Over the last decade, severe storm outages increased by 74% compared with the previous 10 years. Continue reading
Janelia scientists and collaborators have reached another milestone in connectomics, unveiling a comprehensive wiring diagram of the fruit fly visual system. The work has been released on the pre-print server bioRxiv.
Money-Market Fund Assets See Largest Outflows Since 'Lehman' Total money-market fund assets plunged by $112BN in the last week as Tax-Day demands took the total assets below $6 Trillion for the first time sine January (to $5.97 Trillion) Source: Bloomberg Corporate taxes collected from April 11 through April 17 totaled $100.7 billion, Treasury data show. While Tax-Day's impact matters obviously, we note that this is the largest weekly drop in money-market fund assets since...