The Traderszone Network

Beeks Financial Cloud is aiming to reduce costs for institutional and high-end retail clients.

Just a little follow up to my preview post earlier
It’s being noted that intraday accounts are behind this rally-ette today. That’s going to add some weight to my thinking that we may see a sharp drop if these sorts of traders don’t get any headlines in their favour. If there’s a whiff of dovishness from Draghi, these folks aren’t going to stick around for the rest of the party, as much as longer-term traders might.

Apptio, a provider of business management software, recently filed to go public in an offering of up to $75 million.
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With increasingly few exceptions, the ranks of the unbanked seem to be on the decline, according to new data released by the FDIC.

The percentage of Americans going without banking services fell to 7 percent in 2015 from 7.7 percent in 2013.  According to FDIC data, unbanked American consumers peaked toward the end of the Great Recession in 2011 at 8.2 percent.  The figures for 2015 represent the best results the survey has seen since the FDIC started keeping track of the data with a biennial survey in 2009 (the share of unbanked Americans was 7.6 percent at that time).

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Young people’s mastery of Pokémon GO gaming and the Snapchat digital social world is undisputed, but their ability to manage life’s more essential fiscal tasks is not. This could prove dangerous in a world where online P2P lending and alternative financing is all too accessible and convenient.

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Online lender Social Finance Inc has clearly decided to embrace the “go big or go home” mantra with its latest push for funding in the face of generally waning enthusiasm about the whole tech-backed lending concept.

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Apple Pay is expanding, announcing a slew of new banks and credit unions in the U.S. that it now supports.

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