The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May and increasing 0.5% in April, in seasonally adjusted figures, the Bureau of Labor Statistics (BLS)...
Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the Target 2 or Euro 1 payment systems to process high-value and urgent payments, Commerzbank said in a Thursday (April 4)...
Smaller increases in inflation have given investors reason to cheer in recent days. But the latest Producer Price Index (PPI) data hints at more pressure ahead for Main Street SMBs, and particularly retailers, which have been struggling. This time around, wholesale prices, as measured in...
In Europe, as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. To that end, Broadridge Financial Solutions said this past week that it has partnered with Hamburg, Germany-based payments consultancy...
October 11, 2024
The Producer Price Index (PPI) was unchanged in September after rising 0.2% in August. The PPI, which measures wholesale prices, saw a 0.2% increase in the index for final demand services offset a 0.2% decline in prices for final demand goods, the Bureau of Labor Statistics (BLS) said in a Friday (Oct. 11) press release. […]
July 12, 2024
The Producer Price Index (PPI), which measures wholesale prices, rose in June after seeing no change in May. Final demand prices rose 0.2% in June after remaining unchanged in May...
April 04, 2024
Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the Target 2 or Euro 1...
July 03, 2018
After a key legal case that may set a precedent for future claims, U.K. banks may have to pay up to £18 billion to customers who were sold payment protection...
