October 16, 2019

Bank of America Reports Third-Quarter 2019 Financial Results...

Bank of America reported its third-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia."...

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October 14, 2019

JP Morgan sees long-term growth in Middle East business...

JP Morgan, the biggest US lender by assets, is undeterred by a slowdown in Middle East economies and sees long-term growth for its business in the region, as sovereigns and corporates continue to issue debt, attract investment and drive mergers and acquisitions deals.

The"...

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October 2, 2019

Revolut Chooses Visa as Lead Issuing Partner to Drive Rapid...

Visa (NYSE:V) and Revolut, the leading fintech in Europe, today announced a new agreement that will help Revolut expand its business globally. Leveraging Visa’s brand, scale and global acceptance footprint, Revolut will be able to bring its product offerings to five new regions, reaching 24 new markets, for a total of 56 markets globally. Under the terms of the agreement, Revolut will primarily issue Visa-branded cards in the global expansion. Revolut offers consumers a range of digital financial services via a mobile application, including currency exchange, budgeting and person-to-person (P2P) payments, all linked to a Visa card. Building......

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September 26, 2019

Yemeni Riyal Depreciates Again, Hadi Orders Measures to...

The Yemeni riyal exchange rate has once again depreciated, now trading at 602 against the US dollar.

Traders said it cost as much as 607 riyals to buy one dollar in the black market on Sunday and 602 to sell.

"...

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September 21, 2019

Visa B2B Connect Expands to 32 New Countries and Announces...

Visa Inc. (NYSE:V) today announced that its Visa B2B Connect network has doubled its reach – from 30 global trade corridors at launch in June 2019, to 62, with the goal to expand to over 100 countries in 2020. In addition, Infosys, a global leader in next-generation digital services and consulting, is integrating with the Visa B2B Connect network to bring Visa B2B Connect platform access to their participating financial institutions worldwide. Through this new connection, participating financial institutions worldwide can take advantage of the ability to quickly and securely process corporate cross-border payments globally through Visa......

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