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Visa and Mastercard s pitch to banks: Let s collaborate on CBDCs

The card brands are pursuing partnerships with banks, government agencies and merchants, with a goal of building networks and services to accommodate the rise of central bank digital currencies.

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Lewis County trying new investment fund to maximize taxpayer return

LOWVILLE — A different kind of investment fund is being used by Lewis County these days. Time will tell if the algorithm that picked it is on to something.

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Banker optimism grows despite concerns about state of housing markets

Banker optimism grows despite concerns about state of housing markets
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Mark jacobsenPromontory interfinancial networkCofounder of intrafi networkIntrafi networkFederal reserveகுறி ஜாகோப்சென்கூட்டாட்சியின் இருப்பு

American Financial Exchange® Announces AMERIBOR® License Agreement with IntraFi Network LLC

<p><span>The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions, announced an agreement to license AMERIBOR to IntraFi Network (formerly Promontory Interfinancial Network), which provides innovative deposit and funding solutions to thousands of the nation’s banks. </span></p>

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Banker Optimism Soars on State of U S Economy

Share this article Share this article ARLINGTON, Va., May 11, 2021 /PRNewswire/ Optimism about the current state of the U.S. economy skyrocketed in the first quarter of 2021, according to a survey of more than 500 bankers released Tuesday by IntraFi Network. Sixty-two percent of those surveyed said overall economic conditions for their bank had improved compared to 12 months ago, a significant 38-percentage point jump on this measure from the 4th quarter of 2020. Bankers also see a brighter future ahead, with 57% saying they expect improved conditions during the 12 months ahead, a 19-percentage point rise from a quarter earlier. Projections on the economy have swung wildly over the past 12 months, but bankers are growing more confident that it s on the right track, said Mark Jacobsen, Cofounder and CEO of IntraFi Network. While challenges clearly remain, it s clear most bankers are optimistic about the future.

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