FIS Financial News

Powdr Corp. is selling Vermont’s Killington Resort and Pico Mountain, the largest mountain resort in New England, to a group of local passholders

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A group of high-profile ski racers and snowboarders, along with executives and board members, are challenging their sport’s governing body to reconsider a lucrative investment opportunity that could be worth more than $400 million

financial institutions (FIs) in the next financial year. In the interim Budget to be unveiled in the Lok Sabha on February 1 by Finance Minister Nirmala Sitharaman, sources said, the government would peg receipts from dividends from financial institutions at much higher level than Rs 48,000 crore estimated for the current fiscal. The current financial year estimate has already exceeded the Budget target as RBI paid a dividend of Rs 87,416 crore. With public sector banks and financial institutions posting good quarterly numbers during the current financial year, the dividend payout by them in the coming year would be higher compared to this year. So, it would be feasible to expect about Rs 70,000 crore as dividend payout from RBI and financial institutions in FY'25, sources said.

At the recent Future Innovation Summit event held in Dubai, Cointelegraph moderated a panel titled “Stablecoins, Central Bank Digital Currencies and Cross-Border Payments” to explore if CBDCs and stablecoins can coexist and how this would be possible. 

RealNet Central promises to assist central banks as they seek to transform their markets to digital-first, real-time payment economies.The infrastructure is designed to help a country’s businesses, consumers, financial institutions and government entities connect to real-time networks, both domestically and internationally.

RealNet Central promises to assist central banks as they seek to transform their markets to digital-first, real-time payment economies. The infrastructure is designed to help a country’s businesses, consumers, financial institutions and government entities connect to real-time networks, both domestically and internationally.

The digital asset platform Fireblocks is partnering with the US-based publicly listed fintech firm FIS to bring a range of new enterprise-grade solutions from the world of decentralized finance (DeFi) and crypto trading and staking to its client base, the two companies announced today.