Tag: financial services
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Weekend briefing; Markets rise on vain hopes
Here is our summary of key economic events overnight with news that there was an overnight conference call between the US and Chinese presidents regarding the ... -
Daily Update: March 10, 2022
Start each business day with our analyzes of the most pressing developments affecting markets today, along with a curated selection of our latest and most important ... -
Short-term stake in Lakeland Bancorp, Inc. (NASDAQ:LBAI) increases 39.1%
Lakeland Bancorp, Inc. (NASDAQ: LBAI – Get Rating) benefited from significant growth in short-term interest during the month of February. As of February 15, there was ... -
Guaranteed Rate Wins 2021 Freddie Mac SHARP Award
Honoring Freddie Mac’s Top Performing Repairers CHICAGO, February 24, 2022 /PRNewswire/ — Guaranteed ratea leader in mortgages and digital financial services, proudly announced today that it ... -
Tyler Reddick and RCR’s No. 8 Price Guarantee Chevy to make NASCAR’s LA Coliseum race debut | national news
CHICAGO, January 31, 2022 /PRNewswire/ — Guaranteed ratea leader in mortgage lending and digital financial services, and Richard Childress Racing (RCR) today announce that Tyler Red ... -
Guaranteed Rate Announces Partnership with Richard Childress Racing and NASCAR Driver Tyler Reddick
Fans can watch the unveiling of the new #8 Chevrolet Rate Guarantee on social media as it hits the track for the first time on Tuesday, ... -
Losses due to illegal schemes, loans reach US$8.2 billion in 2011–2021
Palu, C Sulawesi (ANTARA) – Losses from illegal investment schemes and loans involving millions of victims reached 117.4 trillion rupees or around 8.2 billion US dollars ... -
Pacific Life fined for unauthorized New York pension risk transfers
Pacific Life Insurance Co. has agreed to pay a $3 million fine after a New York Department of Financial Services (DFS) investigation found the company conducted ... -
lic: will soon try to contact Cabinet on revised FDI policy to facilitate divestment from LICs, according to DPIIT Secy
The Department for the Promotion of Industry and Internal Trade (DPIIT) will soon attempt to contact the Union Cabinet for approval on changes to FDI policy ... -
How to use a mortgage refinance with withdrawal to invest in stocks
Chances are, you’ve built up a lot of equity in your home over the past few years, thanks to the rise in home values ââand having ... -
CURO completes the acquisition of Heights Finance
WICHITA, Kansas, December 28, 2021– (COMMERCIAL THREAD) – CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a technology-based omnichannel consumer finance company serving unprivileged and privileged consumers ... -
OJK urges people to report illegal online lenders to police
For those who have borrowed from illegal online lenders and have been charged, please report them to the police Solo, Central Java (ANTARA) – The Financial ... -
Why is FinTech a leader in the lending sector – Businesses
Princeton, NJ / 360prwire / December 19 / A few decades ago, there was no such thing as fintech. Back in the day, when you needed ... -
Labuan Financial Services Authority will focus on market sustainability, relevance and certainty
The Labuan Financial Services Authority (Labuan FSA), which is celebrating its 25th anniversary this year, says its next chapter will be based on the sustainability, relevance ... -
The role of government in protecting citizens from illegal online lending
The community has recently become aware of the practice of illegal online lending. Some people mistakenly thought that online loans from financial technology (fintech) companies could ... -
Shant Banosian of the guaranteed rate crosses the threshold of $ 2 billion in total loan volume | Illinois
CHICAGO, Nov. 24, 2021 / PRNewswire / – Guaranteed rate, a leader in retail mortgage lending and digital financial services, is proud to announce that Shant ... -
Form 6-K QIWI To: November 23
About QIWI plc. For more than 20 years, we have been at the forefront of fintech innovations to facilitate and secure the digitization of payments. Our ... -
Indian stocks will open in flat
Domestic stock markets are expected to remain weak even after four days of continued decline. Global indices are mixed as US stocks have failed to hold ... -
On the supply side: More retailers are offering “buy now, pay later” vacation financing
Buy now, pay later, financing is becoming a staple for Walmart, Amazon, Target and many other retailers ahead of the holiday shopping season. Walmart was the ... -
Guaranteed Rate Boosts Digital Efforts With New Chief Product & Technology Officer | Illinois
CHICAGO, Nov. 19, 2021 / PRNewswire / – Guaranteed rate, a leader in digital financial services, is pleased to welcome Dr Ramesh Sarukkai as the company’s ... -
Small dollar loans are up to 24 times cheaper at Oportun, which uses AI to assess credit risk and score 100% of applicants, new study finds
Posted an hour ago Proposed by Opportune SAN CARLOS, Calif., Nov. 2, 2021 / CSRwire / – Today, Oportun (Nasdaq: OPRT), an AI-powered fintech that gives ... -
Niyogin, backed by Ward Ferry, to inject $ 14 million for its expansion
Niyogin Fintech Ltd, a technology-focused non-bank lender that counts Hong Kong investor Ward Ferry as a key shareholder, will invest 100 crore rupees ($ 14 million) ... -
Breaking the trap of illegal lending – ANTARA News
“Ting,” a short message, or text message, ringing on Antara’s cell phone turned out to be an offer to lend money. Most people often receive messages ... -
LBH Jakarta to take legal action against Jokowi for online loan
TEMPO.CO, Jakarta – The Jakarta Legal Aid Institute (LBH Jakarta) was planning to file a lawsuit in the Jakarta Central District Court against President Joko “Jokowi” ... -
Under presidential decree, Indonesia is at war with online loan sharks
As Indonesia’s fintech ecosystem matures, criminals are also developing ways to do business in space. This has led to the victimization of unintentional users, and the ... -
Brexit Britain has ‘vast untapped potential’ to seize trade deals outside the EU | Politics | New
A month after taking office as Liz Truss, Anne-Marie Trevelyan also pledged that Brexit, Britain “will seize a world of opportunity” by regaining control of Brussels’ ... -
Why you shouldn’t default on loans
Retail lenders have faced several challenges due to Covid-19. On the one hand, the demand for small loans has increased as lockdowns hit livelihoods, while on ... -
CURO (CURO) gains 1.40% on moderate volume October 20
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Global Equity Valuations: A Sector Neutral Perspective
There is a large valuation gap between US and non-US equities, even after adjusting for differences in sector weighting “Old cyclicals” benefited in September from rising ... -
House Speaker backs police crackdown on illegal online lenders
Jakarta (ANTARA) – Speaker of the House of Representatives (DPR RI) Puan Maharani has expressed support for the National Police’s strong crackdown on illegal online lending ... -
Police step up crackdown on illegal online loan companies
Jakarta. Jakarta Police have carried out one of their biggest raids on illegal online lending operations this year, following President Joko “Jokowi” Widodo’s directives to curb ... -
Global payments industry to rebound from pandemic-induced contraction this year
The global payments industry recorded its first contraction in 11 years in 2020, but is poised to quickly return to its long-term growth path, according to ... -
PNC Financial Services Group, I – Consensus points to potential rise of 2.0%
PNC Financial Services Group, I found using ticker (PNC) now have 19 analysts covering the stock. Analyst consensus indicates a âBuyâ rating. The target price is ... -
CURO (CURO) gains 1.26% on moderate volume on October 8
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How Online Loan Aggregators Are Contributing To UAE Retail Lending Penetration
GURUGRAM, India, October 6, 2021 / PRNewswire / – The banking industry in the UAE is a highly fragmented space with a presence of around 60 ... -
A healthy bank has healthy customers
“The bank needs to change direction to offer financial advisory services rather than loans.” – Piti Tanthakasem, Managing Director, TTB TMBThanachart Bank Plc (ttb) plans to ... -
FinTech targets SMEs in need of cash advances
A trio of former Robinhood employees have founded a new FinTech aimed at small businesses, the Wall Street Journal reported on Wednesday (September 29). The new ... -
Chinese and UK companies must do the right thing (Chinese Minister of Commerce)
Flag China United Kingdom Photo: GT Chinese Trade Minister Wang Wentao urged Chinese and UK companies to do the right thing in the face of the ... -
Mastercard enters the “buy now, pay later” race. But experts say these loans come with risk.
Mastercard said on Tuesday it would begin offering installment loans known as “buy now, pay later” products amid strong consumer demand during the pandemic. But such ... -
CURO (CURO) gains 1.54% for September 24
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First National Bank of Omaha Launches Buy Now, Pay Later Solution for Partners to Offer Flexible Point-of-Sale Financing Options
OMAHA, Neb. & NEW YORK–(COMMERCIAL THREAD) – The First National Bank of Omaha (FNBO) today announced the launch of a revolutionary new Buy It Now and ... -
5 documents to prove your income, even if you are self-employed or work alone
You are reading Entrepreneur United States, an international Entrepreneur Media franchise. Proof of income is a document that confirms the salary or income received by an ... -
CURO (CURO) drops 0.29% in active trading on September 17th
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BP (NYSE: BP) receives holding rating from Deutsche Bank Aktiengesellschaft
BP (NYSE: BP)The stock’s action saw its “hold” rating reformed by analysts at Deutsche Bank Aktiengesellschaft in a report released Thursday, The Fly reports. Several other ... -
Fintech in Thailand: X Leading Startups and Applications
Fintech in Thailand is already disrupting the conventional responsibilities assumed by banks and financial services companies for hundreds of years. These traditional financial institutions have been ... -
4 best Franklin Templeton mutual funds for the remainder of 2021
Founded in 1947, Franklin Templeton Investments prides itself on providing âexceptional asset managementâ to clients in more than 165 countries. It has offices in more than ... -
Morgan Stanley, Goldman Sachs, Jefferies, JPMorgan Claim $ 600 Million Opportunity Warehouse Credit Facility
Oportun Financial Company (NASDAQ: OPRT), a financial services and technology company that uses artificial intelligence to inform its credit decisions, this week announced the closure of ... -
CURO (CURO) drops 1.25% to close at $ 16.57 on September 10
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ELECTRONIC COMMERCE ENABLES INCLUSION IN THE DIGITAL BANKING AGE
The drastic rise in digital adoption among businesses and consumers in the age of Covid-19 has helped accelerate Malaysia’s growth on its path to becoming a ... -
Axiory reduces its leverage to protect its clients from potential volatility around the Swiss franc
Axiory is one of the first global brokers to take definitive action to protect its clients from the potential for greater or extreme volatility around the ... -
Second-tier banks urged to tighten their lending amid growing household debt
South Korea’s financial watchdog has called on second-tier banks to tighten lending standards on their extension of unsecured personal loans, as part of a move to ... -
Insto roundup: GPIF posts quarterly returns of 2.68%; GIC Supports PE Offer on Morrisons | Asset owners
AUSTRALIA The partnership formed by several institutional investors in Australia including QIC, Future Fund, Aware Super, Hostplus and LGIASuper, finalized the acquisition of the Australian business ... -
Visa seeks to ease the pain of cross-border payments
The rise of global business-to-business commerce, still active in a 24/7 world, across time zones and currencies, shows that cross-border payments need a (digital) makeover. Depending ...