U.S. financial giants create consortium to vet third party suppliers
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- Chip stocks plunge, but bargain-hunters limit scale of tech rout
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American Express (AXP) Announces Launch of Blockchain-Enabled Cross-Border Business-to-Business Payments
November 16, 2017 8:04 AM ESTAmerican Express (NYSE: AXP) today announced the introduction of blockchain-enabled, business-to-business cross-border payments. The American Express® FX International Payments (FXIP) business is working with Ripple, provider of enterprise global blockchain solutions, to make blockchain payments commercially available, reducing the time and cost of settlement, while maintaining the level of security that American Express customers know and expect. Santander UK is the selected partner to initiate this exciting new transaction channel, which has the potential to expand substantially over time.
American Express has a long history of integrating new technologies into innovative products and services... More
Increased Call Buying Activity in Bank of America (BAC) Continues -Susquehanna
November 15, 2017 2:55 PM ESTSusquehanna options strategist Alison Edwards notes increased bullish call buying in Bank of America (NYSE: BAC), as an opening investor purchased ~150K Jan 28 Calls; the buying adds to at least ~150k currently long in the open interest from a prior roll late last month.
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