International Finance

Tag : power


The Clearing House taps IBM for payment systems

International Finance Desk
IBM Power Technology to deliver The Clearing House’s real-time payments system to US banks in 2017 September 22, 2016: IBM announced The Clearing House, a national payments system operator for the US banking industry, has selected it to help deliver a new real-time payments system. It is due to roll out in 2017. Set to...

Saudi Arabia cuts back its solar target

No concrete reason given; wants to concentrate on gas Suparna Goswami Bhattacharya June 28, 2016: In a move that has surprised many, Saudi Arabia has scaled back its renewable power targets as the world’s largest producer of oil plans to use more natural gas, backing away from goals set when crude prices were about triple...