EDA in Financial Services: Modernizing Apps and Embracing Real-Time

An event-driven architecture provides a foundation upon which financial services organizations can move from batch to real-time applications and modernize their offerings. Financial services organizations face growing challenges from FinTech competitors and must meet rising customer expectations for instant access to information and fast responses to requests. Legacy approaches that relied heavily on batch processing

Americans Boosted Spending, Adding Fuel to Economic Growth

Americans continue to venture back out into public to buy services they went without for more than a year—a shift that is adding fuel to the economic recovery and stirring higher inflation. Consumer spending, the biggest source of economic demand in the U.S., rose 0.5% last month after surging in March, the Commerce Department said

Montgomery entrepreneur carries on family business and father’s legacy

Accelerators: This monthly series spotlights local people of color chasing their business dreams and paving the way for others. These are the stories of the entrepreneurs, trailblazers and risk-takers who are leading the way to the new Montgomery. It’s 10 p.m. but Carmen Moore-Zeigler is wide awake, on the phone with a stressed-out business owner. If her cell

Monetary Authority Of Singapore (MAS) Joins Mojaloop Foundation For Financial Inclusion

The Monetary Authority of Singapore(MAS) is joining the Mojaloop Foundation, the first central bank to send a director to serve as an advisor to the board of the foundation which supports financial inclusion in developing countries, primarily in Africa and South Asia. MAS is both Singapore’s central bank and its integrated financial regulator. The foundation’s

Recon Software for Financial Service Market Outlook 2021: Big Things are Happening | Flatworld Solutions, Fiserv, Infotech, Easy Accountax

“Recon Software for Financial Service Market” COVID-19 Outbreak-Global Recon Software for Financial Service Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market risk side analysis, workpuls highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market

Treasury Yields Tick Higher After Economic Data and a Big Budget Proposal

Text size Treasury yields climbed Thursday after a couple of economic data points indicated a continued U.S. recovery and amid reports that a coming budget proposal from the White House would, if adopted, boost federal spending to the highest levels since World War II.  The economic recovery is among the factors driving Treasury yields higher.

Industrial engineer named international society fellow

UNIVERSITY PARK, Pa. — Hui Yang, professor of industrial and manufacturing engineering, was named a 2021 fellow of the Institute of Industrial and Systems Engineers (IISE). He was honored at the IISE annual conference, held virtually May 22-25.  Hui Yang was named a 2021 fellow of the Institute of Industrial and Systems Engineers. IMAGE: Penn

The five core components that will drive the next wave of banking innovation

The growth in online banking has been – and will continue to be – rapid. From a valuation of $11.43 billion in 2019, the projections are that it will reach $31.81 billion by 2027, at a CAGR of 13.6%. For the incumbent banking system, this rapid growth poses a real and ongoing challenge, as it