Banking & Finance News Monitoring

Spirit’s Bankruptcy: Our Answers to the 5 Biggest Questions

Skift Take Spirit made headlines Monday morning when it announced it was filing for a Chapter 11 bankruptcy — here’s what you need to know. Meghna Maharishi Spirit Airlines became the first major U.S. airline in 13 years to file for a Chapter 11 bankruptcy …

Insights from Deutsche Bank’s Lodging Conference

The DJIA was down 55 points while Nasdaq was up 112, the S&P 500 was up 23 points and the 10-year treasury yield was down .01 to 4.41%. Lodging stocks were mixed. SOND was up 7% but SVC traded down to another new low, VCSA was down -9% and AHT fell -8% …

Chainlink Joins Banco Inter, Microsoft And 7Comm Consortium To Support Trade Finance Use Case In Phase 2 Of Drex Pilot

(MENAFN- PR Newswire) The second phase of the pilot will demonstrate a new set of use cases, such as trade finance; infrastructure development is set to begin in the coming weeks SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- The Central bank of …

Bank ABC’s ‘ABC Labs’ named one of the World’s Best financial Innovation Labs for the third time

(MENAFN- Bank ABC) Manama, Kingdom of Bahrain: Bank ABC has won the global title ‘Best Financial Innovation Lab’ for its innovation and digitisation centre, ABC Labs, at Global Finance Innovators 2024 awards. This third time win underscores the Bank’s …

Treasurer Chalmers agrees to push banks to respond to mortgage stress

Treasurer Jim Chalmers has said he will look to line up additional meetings with banks this week to discuss public feedback on their response to mortgage stress claims. Speaking on Sunrise, Chalmers said banks had a key role to play in helping property …

Giantwhale.Com And Bigwhales.Com Revolutionize The Internet Financial Landscape

(MENAFN- Zex PR Wire) New York, US, 19th November 2024, In the ever-evolving world of online finance, two trailblazers-Giantwhale and Bigwhales-have dramatically reshaped the way individuals and businesses interact with financial services, pushing the …

Commercial Bank unlocks power of mindset and attitude in achieving financial freedom at Nest Qatar

Participants during the workshop organised by the Nest Qatar at Alfardan Towers recently. Doha: Commercial Bank, a leader in innovative digital banking solutions in Qatar, took part in a workshop organised by the Nest Qatar at Alfardan Towers recently as …

Lloyds Bank launches new tool that could tell you if you're entitled to benefit payments

Exclusive: The benefits calculator, which is available within the Lloyds app, will ask you six short questions about your household, your income and your living situation Lloyds Bank has launched a new benefits calculator Lloyds Bank has launched a new …

The Finance Conference Of The Parties (COP): A Pivotal Moment For Climate Action As Finance For Developing Markets To ...

(MENAFN- APO Group) By Tshepo Ntsane. As we approach the critical juncture of COP29 in Baku, Azerbaijan, scheduled for November 11-22 this year, the global community finds itself at a crossroads. This summit, often referred to as the "Finance COP,…

Russian Central Bank chief says key rate-related budget expenditures to be increased

MOSCOW, November 19. /TASS/. Russia’s budget expenditures related to the key rate will have to be increased, though the rate’s growth also influences its revenue side, Central Bank Governor Elvira Nabiullina said. "We closely interact with the …

Largest US low-cost carrier files for bankruptcy; what travellers need to know

Backed by shareholders, the airline has begun a prearranged Chapter 11 process to implement a “restructuring support agreement” (RSA). Spirit says the plan aims to reduce debt, improve financial flexibility and ultimately enhance value and the overall …

Keep Unrwa Alive In Gaza And The West Bank

On 28 October, the Israeli Knesset passed two bills that will make it impossible for the UN Relief and Works Agency, which serves Palestinian refugees, to keep operating in Israel and the occupied Palestinian territories. Imposing a de facto ban on the …

West Bank Christian woman leads resistance to settlers’ seizure of family’s land

AMMAN, Jordan (RNS) — A group of Israeli Jews said Sabbath prayers on a late October Friday as the sun set in Al-Makhrour, a valley outside of Beit Jala in the West Bank. Nearby, Palestinian Muslims faced Mecca and said their own magrib prayers. After the …

US Sanctions Israeli Settler Group Over West Bank Violence

The United States imposed sanctions on Israeli settler group Amana on Monday, accusing the organization of supporting unauthorized settler outposts and perpetrating violence against Palestinians in the occupied West Bank. The US Treasury Department …

Fired Pie driven to bankruptcy by double punch of pandemic and inflation

Fired Pie has 13 locations open, but company officials expect to close underperforming units. | Photo: Shutterstock. The Phoenix-based fast-casual pizza chain Fired Pie filed for bankruptcy protection last week. The 13-unit chain’s parent company NWFI LLC …

Leahy named chief operating officer at Bristol County Savings Bank

TAUNTON – Bristol County Savings Bank has promoted Dennis F. Leahy to chief operating officer and first executive vice president, the bank announced recently. Leahy will be responsible for the direct oversight and management of the finance and accounting, …

Ujjivan Small Finance Bank to sell Rs 270 crore in bad loans to asset reconstruction firms

Mortgage Bankers Laud FG for Approving N250bn Real Estate Investment Fund

Emmanuel Addeh in Abuja The National Executive Council (NEC) of the Mortgage Banking Association of Nigeria (MBAN) yesterday lauded the federal government for the approval of a N250 billion Mortgage and Real Estate Investment Fund (MREIF). The intervention …

Zenith Bank to Hold Fourth Edition of Tech Fair, Features Global IT Practitioners

The fourth edition of the Zenith Bank Tech Fair, tagged, “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI,”, is set to hold on Thursday, November 21, 2024, at the Eko Convention Centre, Eko Hotels & …

SecEdge Joins TCG-Approved Vendors with SEC-TPM™, a Groundbreaking TPM 2.0 Solution for Arm® TrustZone™-Enabled Silicon

SEC-TPM™ stands as an industry first, pioneering security in Edge AI and enhancing application data privacy for confidential computing SEATTLE, WA, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- AI security and data privacy have received …

Solution Systems Launches New Affiliate Program for Business Central

Solution Systems unveils its Affiliate Program, offering a 20% commission for referrals of Business Central, simplifying partnerships for mutual growth. ROLLING MEADOWS, IL, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Solution Systems …

AuthX and NComputing Partner to Simplify and Boost Endpoint Security with Next-Gen Passwordless Access

AuthX and NComputing's collaboration offers a seamless, passwordless IAM solution that strengthens security, boosts efficiency, and cuts costs across industries GAITHERSBURG, MD, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- As …

SimpliCity Receives Funding Support for Project to Help Streamline Municipal Housing Permit Applications

SimpliCity will help make municipal housing permit application and approval processes easier, faster, and more transparent for Canadian businesses and citizens. VANCOUVER, BC, CANADA, November 19, 2024 /⁨EINPresswire.com⁩/ -- SimpliCity Digital …

MAD Security named to MSSP Alert's 2024 List of Top 250 MSSPs

MAD Security ranks in the Top 250 MSSPs for 2024, marking four years of excellence and dedication to safeguarding critical operations worldwide. HUNTSVILLE, AL, AL, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- MAD Security, a premier …

Dr. Tamara Nall and Mr. Clement Ezeanii Invited by George Mason University’s College of Public Health

Dr. Tamara Nall and Mr. Clement Ezeanii tour GMU’s College of Public Health, supporting healthcare education and celebrating the first scholarship recipient. WASHINGTON, DC, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Dr. Tamara Nall, …

Kamatera Adds 3 Cloud Data Center Locations in Asia and Australia

Our new facilities in Sydney, Tokyo, and Singapore represent a major step in our mission to provide world-class cloud services to customers around the globe. NEW YORK, NY, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Kamatera, the …

TELCLOUD Partners with TD SYNNEX to Expand Global Distribution of White Label POTS Line Replacement Solutions

TELCLOUD offers simple setup and robust backend support, allowing businesses to efficiently modernize infrastructure as POTS line replacement becomes crucial. SAN DIEGO, CA, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Following a …

BoomID, a Leader in Biometric Identity Verification Solutions, Announces Appointment of Julia Valentine as Advisor

NEW YORK, NY, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- TLA Innovation, Inc., operating as BoomID, a leader in biometric identity verification solutions, is excited to announce the appointment of Julia Valentine, Managing Partner of …

Deep Bio and PathAI Collaborate to Drive AI-Powered Innovations in Digital Pathology

– Integrating Deep Bio’s DeepDx Prostate Algorithm into PathAI’s AISight IMS Platform SEOUL, SOUTH KOREA, November 19, 2024 /⁨EINPresswire.com⁩/ -- Deep Bio, a leader in artificial intelligence for digital pathology, announced a collaboration to …

TapClicks Announces New Push Connector for Microsoft Invest

SAN JOSE, CA, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- TapClicks, the leader in Smart Marketing solutions, today announced the launch of its latest Push Connector: Microsoft Invest (formerly known as Xandr Invest). This new …

GlobalLogic Named a Leader in Generative AI Services by ISG Provider Lens™

Company’s expertise in strategic design, complex engineering, and vertical industries recognized for delivering enterprise-grade GenAI solutions SANTA CLARA, CA, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- GlobalLogic Inc., a Hitachi …

GFT Group maintains growth momentum

Strong growth in banking, GFT AI Impact product adoption accelerates NEW YORK CITY, NY, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ --  Group revenue grew by 10 percent to EUR 646 million in first nine months of 2024  Group …

10ZiG Adds Smart Card Authentication to Microsoft Entra and AVD, Expanding Microsoft Reach in Federal Space

10ZiG® Expands Microsoft Reach in Federal Market with Smart Card Authentication for Microsoft Entra and Azure Virtual Desktop (AVD), in addition to RDS. PHOENIX, AZ, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- 10ZiG Technology, a …

ES3™ Celebrates this Holiday Season with the release of the Holiday Countdown Experience Powered by the INGAGE Platform

ONTARIO, CANADA, November 19, 2024 /⁨EINPresswire.com⁩/ -- Electronic Systems Software Solutions Inc. (ES3) is excited to release the 15th edition of the perennial favourite – Holiday Countdown – powered by its INGAGE Interactive Experiential Ad …

Peloton Consulting Group Appoints Jessica Kane As Global Human Capital Management Practice Leader

Accomplished HCM Strategist Brings Over 20 Years of Experience in Global Workforce Transformation Solutions BOSTON, MA, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Peloton Consulting Group, a leading digital transformation …

Lineal Announces Educational Partnership with eDiscovery Today

Lineal & eDiscovery Today to work together to educate industry professionals on better ways of reviewing, analyzing & managing the vast amounts of data today. HOUSTON, TX, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Lineal, a …

New Survey of Federal CDOs Reveals Need for Governmentwide Guidance and Strategy in the Wake of an Emerging AI Landscape

WASHINGTON, DC, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Federal Chief Data Officers (CDOs) are tackling the artificial intelligence (AI) revolution without a roadmap, according to a new joint survey by the Data Foundation, in …

Making Science Bolsters Leadership with UK and US Hires from the Big Six Ad Agencies

An independent agency, Making Science continues to attract top talent from the Big Six ad agencies amidst its ongoing global expansion CHICAGO, IL, UNITED STATES, November 19, 2024 /⁨EINPresswire.com⁩/ -- Making Science, a global digital marketing …

Haptic Technology Market projected to achieve a CAGR of 9.15% to reach US$25.969 billion by 2030

The haptic technology market is anticipated to grow at a CAGR of 9.15% from US$16.762 billion in 2025 to US$25.969 billion by 2030. NOIDA, UTTAR PRADESH, INDIA, November 19, 2024 /⁨EINPresswire.com⁩/ -- According to a new study published by …