Tag Archives: financial services

The student loan moratorium could be extended again. It would be very bad for SoFi in 2022

Recently, Morgan Stanley analysts Betsy Graseck and Jeffrey Adelson demoted SoFi ( SOFI 3.97% ) from overweight to equal weight. The two analysts also significantly reduced their price target on the one-stop financial services company from $18 to $10. The main reason for the downgrade is that the two now …

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Led by Safaricom CEO Peter Ndegwa, Lipa Na MPESA platform hits milestone of 30 million monthly active users

According to the chief executive of the telecom company, Peter Ndegwa, Kenya had more than 30 million users out of the platform’s 51 million active customers in the region. Mr Ndegwa also announced on Thursday that the number of businesses on the service had doubled from 173,000 in April 2020 …

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MERIDIANLINK, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-K)

The following discussion and analysis of our financial condition and results of operations should be read together with our consolidated financial statements and related notes appearing elsewhere in this Annual Report on Form 10-K. The following discussion and analysis contains forward-looking statements that involve risks and uncertainties. When reviewing the …

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Stablecoins will need to think and evolve to live up to their name

In the case of stablecoins, unfortunately, the name is so far a misnomer. The fact that stablecoins are pegged to a “real” asset is not synonymous with stability. Traditional underlying assets are not immune to market fluctuations, and with the majority of stablecoins pegged to fiat, they can be just …

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M&T Bank reiterates commitment to People’s United merger

Vermont Business Magazine M&T Bank Chairman and Chief Executive Rene Jones released his letter to shareholders on Tuesday, an annual tradition featuring candid insights into the banking industry and the communities in which M&T operates. He also reiterated M&T’s commitment to acquiring People’s United Bank. The acquisition was expected to …

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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 has won a 2021 Freddie Mac Servicer Honors and Awards Program (SHARP)SM Award. Guaranteed rate (PRNewsfoto/Guaranteed rate) Guaranteed Rate received a Gold Award for …

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NayaPay Secures $13M, South Asia’s Largest Seed Funding for Its Messaging and Payments App – TechCrunch

Pakistan-based fintech platform NayaPay has raised $13 million in a seed round to roll out its multi-service messaging and payment app, and build payment acceptance and financial management tools for companies in the South Asian country. NayaPay CEO and Founder Danish Lakhani told TechCrunch that the super app allows people …

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The Evolution of P2P Lending in India: Regulation Before and After

The world has witnessed the emergence of several technologies over the years that have successfully challenged accepted norms. At the turn of the century, a fusion of finance and technology led to the fintech revolution. It has changed the way we manage our finances and do banking, challenging the traditional …

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Seizure of funds of Rs 288-cr from Chinese-owned NBFC ordered

A FEMA Competent Authority has ‘confirmed’ the seizure of funds worth Rs 288 crore from a ‘Chinese-owned’ Non-Banking Financial Company (NBFC) which lent instant loans through mobile apps and then allegedly harassed the borrowers by “misusing” their personal data. The data. An order was issued by the …

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Digital Lending and the Changing Landscape of Financial Inclusion in India

For any modern and growing economy, the pillars on which it rests are those of financial inclusion. This involves providing access to financial services and products to individuals and businesses from all walks of life at reasonable costs, in a timely manner and personalized according to needs from responsible and …

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Founders Fund backs Vest, a startup that aims to give Latin Americans a bridge to invest in the US stock market – TechCrunch

Latin Americans looking to invest in companies listed on Nasdaq and the New York Stock Exchange now have a new option in Vest, a startup that has launched a zero-commission mobile brokerage app in the Americas. CEO and co-founder Aaron Polhamus he said, Miguel Arroyo and Jaime Rodas were pushed …

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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 in the decade of 2011 -2021, said the Financial Services Authority (OJK). According to Wiwit Puspasari, Deputy Head of OJK’s Investment Warning Task Force, …

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DMEX has entered into a strategic partnership with chains

On January 11, 2022, DMEX, the decentralized mining platform, made an announcement regarding its strategic partnership with the chains. Channels is a decentralized lending portal that places particular emphasis on the security of its users. Not only that, but it also supports LP smart staking pool as well as LP …

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Advantage One Credit Union Selects Scinaptic’s AI-Based Credit Underwriting Platform

NEW YORK–(COMMERCIAL THREAD) – Scinaptic today announced that Advantage One Credit Union has chosen its AI-powered underwriting platform to complete its lending process and make advanced lending decisions. Founded in 1952, Advantage One Credit Union began serving the employees of McLouth Steel Corporation. Over the decades, the credit union has …

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L&G appoints Andrew Kail CEO of PRT division

Legal & General (L&G) today announced the appointment of Andrew Kail as Chief Executive Officer (CEO) of Legal & General Retirement Institutional, the group’s retirement risk transfer (PRT) arm, effective January 1, 2022. Kail succeeds Laura Mason as CEO of the division, who became CEO of Legal & General Capital …

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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 in the United States and Canada, today announced that it has completed its previously announced the acquisition of Heights Finance, a consumer finance company …

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AIZEN ‘CreditConnect’, a new paradigm for AI Banking

SINGAPORE, December 26, 2021 (GLOBE NEWSWIRE) – People can see the trend towards banking democratization, where bigtechs and fintechs present a new form of threat to traditional banks. AIZEN, which came second in the global category of the MAS FinTech Awards 2020 (Singapore FinTech Festival, MAS FinTech Awards) alongside Swiss …

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ALPS EQUAL SECTOR WEIGHT ETF DECLARES A FOURTH QUARTER DISTRIBUTION

DENVER, 22 December 2021 / PRNewswire / – The ALPS Equal Sector Weight (Exchange-Traded Fund) ETF (NYSE: EQL) reported its fourth quarter distribution on December 21, 2021 in a quantity of $ 0.59523. The dividend is payable on December 29, 2021 to shareholders of record on 23 December 2021. EQL …

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Origin Bank Hires Vishakha Deora and Jeff Carpenter to Support Growth of The Woodlands

THE WOODLANDS, TX – Origin Bank announced that Vishakha Deora and Jeff Carpenter have joined the Company’s team at The Woodlands Banking Center to support the community’s rapid growth. “I am delighted that Vishakha and Jeff are joining the Origin Bank team,” said Jody Proler, Regional COO. “Their experience and …

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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 to get a loan or access your funds in your bank, you could walk or cycle to the bank. But today, this is not …

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Your financial planner wants to manage all of your retirement assets. Is it a good idea?

As you approach retirement, you hire a financial planner to help you manage your investments. Expect three things to happen: 1. The advisor will ask you to review the account statements for all of your assets and design a comprehensive strategy for investing those assets in a prudent and diversified …

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Fed rate hike: how high and how fast?

Risk considerations Yields are subject to change depending on economic conditions. Return is only one factor that should be taken into account when making an investment decision. Equity securities may fluctuate based on news about businesses, industries, market conditions and the general economic environment. Obligations are subject to interest rate …

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Five forecasts for loans in 2022

In an environment where everything changes – the way we work, travel, meet and shop – the world of credit is adapting quickly. The pandemic is not the only cause, because fintechs have been disrupting traditional banking models for years. Here is what we see at FICO for the next …

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The largest Indonesian digital economy by value in Southeast Asia: Indrawati

We all understand that we have enormous potential Jakarta (ANTARA) – Indonesia’s digital economy is the largest in value terms in Southeast Asia, with a total gross goods value (VGM) reaching $ 70 billion, said Finance Minister Sri Mulyani Indrawati. “We all understand that we have enormous potential,” the minister …

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2 exciting LICs that I would buy in December 2021

I think there are some very attractive ones listed investment companies (SIL) which might be worth buying in December 2021. LICs are an efficient way to invest in a whole group of stocks through a single investment. I think they offer good diversification. You should also be aware that some …

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John Hancock Closed-End Fund Income Securities Trust Reports Quarterly Distributions and Capital Gains Distributions

BOSTON, December 1, 2021 / PRNewswire / – Closed-end fund John Hancock Income Securities Trust today declared its quarterly distributions as follows: Declaration date: December 1, 2021 Date of departure : December 10, 2021 Registration Date : December 13, 2021 Payment date: December 31, 2021 Teleprinter Fund name Distribution Per …

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Curinos finds ‘competition drives overdraft disruption’ in new study

NEW YORK, December 1, 2021 / PRNewswire / – Curinos, a global data intelligence company serving global financial institutions for lending, deposit and digital banking solutions, today released its study “Competition Drives Overdraft Disruption.” The study found that the current wave of changes to bank overdraft programs is driven more …

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Executive behind Facebook-backed Novi crypto wallet to leave company

Facebook and its partners plan to launch Diem, a new global cryptocurrency. Getty Images David Marcus, one of the executives behind Facebook’s cryptocurrency push, said on Tuesday he would leave the social network’s parent company by the end of the year to pursue entrepreneurial endeavors. Marcus, who joined Facebook from …

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Project Healthy Minds and Guaranteed Rate Partner to Raise Over $ 1.8 Million to Create Free Digital Mental Health Marketplace and Democratize Access to Mental Health Services | New

NEW YORK – (BUSINESS WIRE) – November 30, 2021– Project Healthy Minds, a nonprofit focused on mental health and Generation Z, and Guaranteed Rate, a leader in retail mortgages and digital financial services, today announced that $ 1,802,391 has been collected during The very first Guaranteed Rate Mental Health Weekfor …

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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 help solve their financial problems. However, on the contrary, the illegal practice of online lending actually harms the company by insulting and threatening it. …

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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 Banosian financed a total loan volume of $ 2 billion in a record year. In doing so, he becomes the first loan originator in …

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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 mission is to connect our customers by providing them with unique financial and technological solutions to make the impossible accessible and simple. QIWI is …

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LendingClub Endorses Small Business Truth in US House and Senate Loan Bill

SAN FRANCISCO, November 18, 2021 / PRNewswire / – LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, the leading digital marketplace bank in the United States, approved a bill introduced today in United States House and Senate that would extend the transparency standards of the federal Lending Truth …

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CURO to acquire Heights Finance, a leading consumer finance company, for $ 360 million

WICHITA, Kan .– (COMMERCIAL THREAD) – CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a technology-based omnichannel consumer finance company serving unprivileged and privileged consumers in the United States and Canada, today announced that it has entered into a definitive agreement to acquire Heights Finance, a consumer finance company that offers …

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PROSPECT CAPITAL CORP Management report and analysis of the financial position and operating results (Form 10-Q)

(All figures in this item are in thousands except share, per share and other data.) The following discussion should be read in conjunction with our consolidated financial statements and related notes and other financial information appearing elsewhere in this Quarterly Report. In addition to historical information, the following discussion and …

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GWG HOLDINGS, INC. – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS.

The following discussion should be read in conjunction with the consolidated financial statements and accompanying notes and the information contained in other sections of this report. This discussion and analysis is based on the beliefs of our management, as well as assumptions made by, and information currently available to, our …

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LendingTree vs LendingClub: which action is better?

Online financial services platforms are everywhere these days with LendingTree (NASDAQ: TREE) and LendingClub (NYSE: LC) two of the most popular. Like many other industries, consumer credit is moving rapidly to digital. This transformation along with expectations of rising interest rates is prompting investors to look for ways to play …

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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) to fuel the company’s expansion, the company said. in a press release. The company’s board of directors has approved the “hypergrowth plan” involving up …

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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 from unknown phone numbers that have great deals. “We are offering Rp 5-500 million with simple requirements. Contact us via WA 081XXXXXXXXX,” according to …

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Rabbit Cash launches digital loan services

From left to right Mr. Oshima, Mr. Soontorn, Ms. Ratchanee and Mr. Warawut at the launch of the Rabbit Cash joint venture. Rabbit Cash, a joint venture of three major companies, has launched digital loan services to support financial inclusion, targeting both employees and freelancers, using data analytics. The joint …

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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” Widodo, Vice President Ma’ruf Amin, Ministry of Communication and Information, the Financial Services Authority (OJK), and the House of Representatives (DPR). ” It’s planned …

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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 problem is widespread. The IT ministry blocked 1,856 unlicensed fintech lending platforms in 2021 and nearly 4,900 illegal lending platforms since 2018. However, this …

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Charitable Donors Avoid Draconian Parts of Biden Tax Plan (So Far)

The tagging of the budget reconciliation bill by the House Ways and Means Committee in mid-September left out some of the more punitive tax proposals launched by the Biden administration earlier this year. Of course, the Senate has yet to weigh in its own language, so there is a lot …

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CURO (CURO) gains 1.40% on moderate volume October 20

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CURO – Market data and news To exchange Shares of CURO Group Holdings …

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CURO to announce third quarter 2021 financial results on Monday, November 1, 2021

WICHITA, Kan., October 20, 2021– (COMMERCIAL THREAD) – CURO Group Holdings Corp. (NYSE: CURO) (“CURO”), a technology-based omnichannel consumer finance company serving a full spectrum of unprivileged and privileged consumers in the United States and Canada, today announced that its financial results for the third quarter of 2021 will be …

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Alfredo and Speedy Cash return to Kansas Speedway

Alfredo seeks to bounce back from Texas fire MOORESVILLE, NC (October 19, 2021) – Speedy Cash will be back with Anthony Alfredo this weekend at Kansas Speedway. After a good round interrupted prematurely in Texas, the No. 38 team is looking to bounce back this Sunday afternoon. “It was great …

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How to invest Tips for creating your first portfolio

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. You have already put your finances in order, you have an emergency fund and capital savings. You now want to invest to increase your wealth, but how to build your first investment …

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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 practices, saying the practices harm the community. “Actions should not stop at operators or workers, but should also reach the boss or the owner. …

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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 predatory lending practices, which are undermining the industry. legitimate and growing fintech loans of $ 18.4 billion. Comr. Hengki Haryadi, the police chief of …

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Jokowi calls on OJK to issue moratorium on commercial online lending licenses

TEMPO.CO, Jakarta – President Joko “Jokowi” Widodo has called on the Financial Services Authority (OJK) to issue a moratorium on issuing new business licenses for online lending following the rampant emergence of illegal financial technologies or companies. financial technology that offers loans at irrational and high interest rates. “In view …

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BancorpSouth Bank and Cadence Bancorporation Receive Final Regulatory Approval for Merger

TUPELO, Miss. and Houston, texas, October 15, 2021 / PRNewswire / – BancorpSouth Bank (NYSE: BXS) (“BancorpSouth”) and Cadence Bancorporation (NYSE: CADE) (“Cadence”), the parent company of Cadence Bank, NA, announced that their proposed merger has received l ‘Final Federal Deposit Insurance Company Approval (“FDIC”). The FDIC approval follows recent …

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P&I honors the winners of the 2021 Innovation Prize

Pensions and investments’ The WorldPensionSummit on Thursday recognized four retirement excellence initiatives in four categories at its 2021 Innovation Awards. Presented at the annual WorldPensionSummit conference, held October 12-14, the awards recognized innovation in communications, plan design, technology and investment. The winners are: QSuper, Brisbane, Australia, was honored for its …

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Loan Market Selects GBST Digital to Provide 21 Financial Calculators to Over 1,500 Mortgage Brokerages

Loan Market Selects GBST Digital to Provide 21 Financial Calculators to Over 1,500 Mortgage Brokerages By Léandra Monteiro Today Apis Australasia Australia Loan Market selected GBST’s Equate solution to provide a suite of loan calculators to its network of over 1,500 mortgage brokerages in Australia and New Zealand. In less …

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CURO (CURO) gains 1.26% on moderate volume on October 8

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CURO – Market data and news To exchange Shares of CURO Group Holdings …

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Vesto and Stably Announce Strategic Partnership to Leverage Their Respective Platforms to Bring Real World Tokenized Assets to the Masses

The joint technology dramatically increases access and liquidity to tokenized assets on the chain. SAN FRANCISCO, October 6, 2021 / PRNewswire / – Stably, a leading technology platform provider of enterprise asset tokenization solutions, has signed an API license with Vesto for its basic cryptographic infrastructure at the protocol level. …

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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 national and international banks in the country. After the 2016 oil crisis, suffering from high NPAs, UAE banks tended to be more cautious when …

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“Jobs and skills upgrading are the most pressing issues in any country” – 45 quotes from the week on digital transformation

Launched in 2014, HistoryCocks is a weekly column of YourStory, with notable quotes in our articles from last week. This special series of quotes focuses on the growing impact of digital media in India and around the world (see the previous post here). Share these 35 gems and ideas with …

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Earnin Strengthens Leadership Team with Former Executives at Uber, Google, Twitter, Capital One and Lime

Williams recently joined the team from Uber, where she led pilot strategy and special projects. Prior to Uber, she led marketing and business development teams at various companies before setting up her own marketing consultancy, RightHip, Inc. Williams will oversee Earnin’s marketing activities overseeing growth, communications and brand strategy to …

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Less than 30% of consumers will apply for a credit card in-store this holiday season, the lowest number in 3 years

New LendingTree Report Finds Consumers Prefer Store Cards Over Buy Now, Pay Loans Later CHARLOTTE, North Carolina, October 4, 2021 / PRNewswire / – Interest in in-store credit cards plunged in 2021, according to a new report from LendingTree. However, consumers are still slightly more likely to use store cards …

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John Hancock Closed-End Funds Declare Monthly Distributions

Posted: October 1, 2021 at 2:41 p.m. MDT|Update: 1 hour ago BOSTON, MA, October 1, 2021 / PRNewswire / – The Five John hancock the closed-end funds listed below have declared their monthly distributions today as follows: Declaration date: October 1, 2021Date of departure : October 8, 2021 Registration Date …

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CURO (CURO) drops 1.31% in Light Trading on September 30

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CURO – Market data and news To exchange Shares of CURO Group Holdings …

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CURO (CURO) gains 0.06% on moderate volume September 29

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CURO – Market data and news To exchange Today, stock of CURO Group …

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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 San Francisco-based company, Paraffin, will offer online cash advances, which can be reimbursed as a percentage of a company’s daily sales, according to the …

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FNB wins banking customer experience award | State

PITTSBURGH, September 29, 2021 / PRNewswire / – FNB Corporation (NYSE: FNB) announced that its largest subsidiary, First National Bank, has been named a winner in the Best Mobile Experience category at the Bank Customer Experience (BCX) Awards. One of only four 2021 winners, FNB joins some of the largest …

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5 Indian banks with the lowest NPAs. This is how they did it

While some banks have measures in place to mitigate this, others may be at the start of a new NPA cycle. Although there is no “acceptable limit” for APNs, it is considered manageable if the bank’s APNs are less than 3%. Here are 5 Indian banks with the lowest APNs. …

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Cosmopolitan $ 5.65 billion sale of Blackstone – Front Office Sports

The NHL and adidas have teamed up to produce an eco-friendly jersey made in part with recycled materials, priced at just over $ 150. The Seattle Kraken’s white jerseys are already sold out. The Cosmopolitan / Design: Alex Brooks MGM Resorts is aggressively dabbling in mobile sports betting, but has …

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Why Retailers Are Adopting Buy Now, Pay Later Financing Services

Supply chains are harassed and manufacturing is limited. For weeks, the headlines have telegraphed a clear message to shoppers: This holiday season, shop early. In years past, hasty shoppers may have turned to layaway plans to reserve holiday gifts and pay for purchases over time. But many retailers, including the …

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CURO (CURO) gains 1.54% for September 24

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CURO – Market data and news To exchange Shares of CURO Group Holdings …

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Huabei of Ant Group Begins Reporting Credit Data to PBOC Database

The data-sharing agreement is part of corrective measures ordered by financial regulators to break Ant Group’s “information monopoly” on data collection. Ant Group has started to feed its masses of consumer credit information into a credit report database maintained by the People’s Bank of China (PBOC) on a monthly basis. …

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5 documents to prove your income, even if you are self-employed or self-employed

This article was translated from our Spanish edition. Opinions expressed by Contractor the contributors are theirs. This article was updated on September 19, 2021 Proof of income is a document that confirms the salary or income received by an employee or a service provider, whether it is a company or …

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The best crypto investments – Securities.io

Crypto has been around for over a decade now, but only recently has it become mainstream, with more than 1 in 8 Americans invest in crypto over the past year. Cryptocurrency is a digital financial asset that uses cryptography to secure the network, control the creation of additional units, and …

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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 caught off guard and are now trying to build their own apps to catch up with market leaders. FinTech is quickly becoming a common …

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Aussie Digital Asset Fund DNA Tracker Fund succeeded in 2021

Australian digital asset vehicle DNA tracking fund has recorded a net return on investment of 184.35% in the nine months since its inception on December 1, 2020, the company said this week. DNA Tracker provides Australian and New Zealand wholesale investors access to a diverse portfolio of underlying digital assets. …

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CURO (CURO) drops 1.25% to close at $ 16.57 on September 10

Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange CURO – Market data and news To exchange Shares of CURO Group Holdings …

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4 FinTech stocks to watch as Paypal acquires BNPL start-up

Fintech stocks to watch right now as part of the PayPal acquisition Fintech is taking the world by storm and that would naturally highlight fintech stocks in the stock market. The increasing adoption of fintech may one day lead us to a cashless society. Well, the best fintech companies are …

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Washington wakes up under the influence of crypto amid the fight against infrastructure

Unlike Wall Street banks, the industry has been able to entice thousands of crypto enthusiasts on social media to join the battle by providing a real-time game of Senate negotiations. Jack Dorsey, the senior executive at financial payments firm Square, called on his 5.6 million Twitter followers to fight billing …

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National Payday Relief has a plan to get its customers to say goodbye to those aggressive phone calls from lenders

Copyright 2021 PR Newswire. All rights reserved2021-08-06 OAKLAND PARK, Florida, August 6, 2021 / PRNewswire-PRWeb / – The consumer loan industry in the United States has grown significantly over the past decade. This industry is made up of hundreds of private payday lenders. The Covid-19 pandemic has resulted in job …

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Wildfire Systems Raises $ 15 Million in Series A Led by TTV Capital and QED Investors

SOLANA BEACH, CA, August 4, 2021 / PRNewswire / – Wildfire Systems Inc., an innovative financial technology platform that powers rewards and loyalty programs, today announced that it has obtained $ 15 million in a Series A venture capital investment co-led by TTV Capital and QED Investors. New investors include …

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Inovatec Appoints Bob Metodiev Head of Business Development

Fintech Veteran to Oversee Growth Strategies for Innovative Cloud-Based LOS and LMS Solutions BURNABY, BC / ACCESSWIRE / July 7, 2021 / Inovatec Systems Corp., a provider of cloud-based loan origination and management solutions, has appointed Bob Metodiev as the new Director of Business Development. A former executive at financial …

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Bitcoin Fraud Problems Grab Regulators’ Attention

Regulators are signaling they want more control over a larger cryptocurrency universe that has pushed Wall Street business further without the investor and consumer protections that apply to traditional securities and financial services. The catch: No regulator inspects crypto exchanges or brokers, unlike securities and derivatives markets. Regulators only step …

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Rappi and Visa to introduce credit cards in Brazil

Amid growing rivalry in the Latin American payments industry, delivery company Rappi is rolling out credit cards to Brazilian users, Reuters reported. Rappi has partnered with Visa to provide the credit cards. Its credit card offerings include RappiPrime Infinite, which will be billed 89 reais (about $ 17.50) per month, …

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Tiger Global leads $ 42 million Series B in Nigerian neobank FairMoney – TechCrunch

Neobanks led the charge in venture capital funding for mainstream fintech startups. But while they have collectively dominated the fintech space, they do not operate a monolithic model. There are five distinct models, and the one adopted by the $ 30 billion giant Nubank is the credit-driven model.. The neobanks …

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Congress repeals Trump-era payday lender rules

NEW YORK – Congress on Thursday overturned a set of regulations enacted in the closing days of the Trump administration that effectively allowed payday lenders to avoid state laws capping interest rates. The House voted 218-208 to overturn the Office of the Comptroller of the Currency’s payday loan regulations, with …

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Finflux Launches New Software For Online Lenders – “Buy Now, Pay Later”

Leading Financial Technology Solutions Provider Finflux Announces the Launch of “Buy Now Pay Later”, a New Software Product for Financial Service Providers Finflux does not relax its desire to make fintech solutions easily accessible to the greatest number of companies and individuals with the recent release of a new payment …

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microcredit market to the next level | Accion International, BlueVine, Inc., Fundera, Inc.

“Microcredit market” Microcredit Market by Service Provider and End User: Analysis of Industry Opportunities and Forecast, 2020-2027 ”, the global microcredit market size was valued at $ 134.35 billion in 2019 and is expected to reach 343.84 billion dollars by 2027, growing at a CAGR of 12.6% from 2020 to …

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BlackRock to Acquire Climate Change Scenario Model from Baringa Partners Through New Long-Term Partnership

LONDON–(COMMERCIAL THREAD) – BlackRock, Inc. (NYSE: BLK) and Baringa Partners today announced the signing of a definitive agreement allowing BlackRock to acquire and integrate the industry-leading climate change scenario model of Baringa in BlackRock’s Aladdin Climate technology. The new long-term partnership is an important milestone for both companies as they …

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Hyde-Smith Announces $ 94.9 Million in Investment Grants to Support Rural and Underserved Communities | Mississippi Politics and News

Treasury Department COVID-19 Grants Awarded to 52 Mississippi Financial Institutions U.S. Senator Cindy Hyde-Smith (R-Miss.) Today announced the allocation of more than $ 94.9 million from the U.S. Treasury Department to 52 Mississippi financial institutions as capital to stimulate further private sector investments in local communities. Funding is provided as …

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Open Finance Finantier start-up raises seven-figure funding round

Finantier, a Southeast Asian Open Finance startup providing an API (Application Programming Interface) platform for financial institutions to access and analyze consumer financial data, has raised a 7-figure fundraiser led by Global Founders Capital (GFC) and East Ventures (EV). The round was oversubscribed and funds were raised at a post-money …

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WSFS and BMTC Receive Shareholder Approval to Merge

WILMINGTON, Del. and BRYN MAWR, Pa., June 10, 2021 (GLOBE NEWSWIRE) – WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today that their respective shareholders have approved the announced merger of BMTC into WSFS at a special meeting of shareholders of each company. “The …

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Architect Capital will provide asset-based financing

Share Tweeter Share Share Share E-mail A new San Francisco-area asset-based lender, Architect Capital, has been launched with more than $ 100 million to lend primarily to technology companies in the United States and Latin America, according to a press release. “The global tech and startup industry is changing rapidly, …

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Ant’s profitability to take a hit with new consumer credit unit, Banking News & Top Stories

BEIJING • Ant Group’s most lucrative business, consumer credit, risks becoming less profitable as the Chinese financial juggernaut emerges from a six-month regulatory crackdown aimed at limiting its influence. While the writing has been on the wall for months, Thursday’s approval of its consumer credit unit with capital of 8 …

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Analytics and Automation Open Credit Markets to New Consumers

June 4, 2021 8 minutes to read This story originally appeared on ValueWalk Fintech’s Access Advantage: Alt Data and Analytics Open Credit Markets to New Consumers Letters, conferences and more on hedge funds in the first quarter of 2021 A new economy needs a new approach to underwriting; fintechs are …

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B2B payments today: Onit, Linear, Yooz

Share Tweeter Share Share Share E-mail Today, in B2B payments, Onit explores the tightening of corporate legal spend management and Linear reflects on the changing landscape of small business lending. In addition, Veem expands its local payment service to small businesses in Canada, Yooz launches its accounts payable software in …

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Latest Innovative Report On Loan As A Service Market By 2026 With Major Key Players As Affirm, Avant, Borro, C2FO, Credit Karma, Fundbox, Fundera, Funding Circle

Lending as a service, sometimes referred to as ‘market lending’, is an emerging trend in the banking and financial services industry where banks and lenders are taking advantage of new technologies to showcase their products and services on outside platforms. from their traditional banking channels (i.e. branch, online banking, etc.). …

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Egyptian SME Development Agency Enables Clients to Pay Remittances Online

Nevine Gamea, Egyptian Minister of Trade and Industry and Executive Director of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), announced that owners of small businesses funded by direct loans from the agency can now pay installments online through multiple companies. . These companies include Waqty, Amwal and Tal2a, …

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Colombia and World Bank sign agreement to support the development of an exchange-traded fund for sovereign debt

Colombia’s Ministry of Finance and Public Credit and the World Bank have signed a collaboration agreement, taking the first step towards launching the issuer-led exchange-traded fund (ID ETF) program. The ID ETF program is a global initiative designed by the World Bank to support the development of domestic bond markets …

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Liquidation of the Italian company Aigis Banca

Share Tweet Share Share Share E-mail Italian bank Aigis collapsed after Greensill Capital debacle involving GFG Alliance invoices, Financial Times (FT) reported Monday (May 24). Aigis, based in Milan, was a specialist lender for small and medium-sized enterprises (SMEs). The Bank of Italy ordered the sale of the assets and …

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i2c on controlling the reliability of financial services

Share Tweet Share Share Share E-mail The numerous online outages over the past few months – from Robinhood to Chime to WhatsApp – show just how interconnected various aspects of financial services, such as investing and banking, have become. And on-board payments are increasingly at the center of all of …

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Explanation: What’s next for Ant after China suspends its listing at $ 37 billion?

BEIJING / HONG KONG (Reuters) – China’s suspension of Ant Group’s $ 37 billion listing just days before its stock market debut has plunged the company and its investors into a free fall and it is facing a rush to try and keep financial regulators happy, analysts said. FILE PHOTO: …

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What is TechFin? All the parts you need to know | Zoom Fintech

Find out everything you need to know about the future FinTech disruptor – TechFin. Study what the expertise is, check out the key players in the business and the long-term potential of the technology. TechFin is a service that offers in-session and automation of all businesses associated with the monetary …

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