Tagged financial services

March 10, 2022

following an impressive history of disbursing over N117 million in loans as of December 2021, FairMoney MicroFinance Bank, the leading lending platform, has become a digital bank. Credit-focused ...

Cartesio Srl – Series 2003-1 — Moody’s: no negative impact on the rating of the outstanding tranches issued by Cartesio Srl

March 4, 2022

Valuation announcement: Moody's: No negative impact on the rating of the outstanding tranches issued by Cartesio Srl - Series 2003-1 following changes for the transition from LIBOR to SONIAGlobal Credit Researc...

Cashbean Parent Registration Canceled for KYC Violation

February 24, 2022

Bombay : The Reserve Bank of India (RBI) announced on Thursday that it has canceled the certificate of registration of PC Financial Services Private Ltd, the company behind the digital ...

IoT in Banking and Financial Services Market Growth 52.1% 2022-2031 | Size, Stocks, Trends, Types, Applications

February 21, 2022

Absolute Reports Pvt LtdIBM, Microsoft, Capgemini, Cisco, SAP, Oracle, AccenturePune, 21 Feb. 2022 (GLOBE NEWSWIRE) -- Global IoT in Banking and Financial Services Market Report provides a comprehensive overvi...

Airtel (AMCUL) Housing Finance Partner for Quick Loan

February 8, 2022

Kampala, February 7, 2022: Airtel Mobile Commerce Uganda limited, the provider of an affordable and secure Airtel money platform, has partnered with Uganda Housing Finance Bank and digital lending platform prov...

Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. here’s why

February 7, 2022

KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet. The company declined to disclose how much cryptocurrency it purchased, but Kunal Bhasin, c...

MSM Unify and LiquiLoans partner to provide fast and secure student loans

February 3, 2022

MSM Unify, a one-stop marketplace for international education, partners with LiquiLoans, a peer-to-peer technology loan provider. KELWONA, BC, CANADA, February 3, 2022 /EINP...

2 FTSE 100 stocks that could explode as UK interest rates rise

February 2, 2022

Due to inflation, which is currently peaking, UK interest rates are rising. In December, the Bank of England raised its key rate from 0.1% to 0.25%. Tomorrow, the central bank is expected to raise rates again...

MTN Nigeria’s Fintech Revenue Jumps 57.3% in Fiscal 2021

January 29, 2022

The total value of mobile money transactions in emerging markets is expected to exceed $870 billion in 2026; this growth trend is also seen in Sub-Saharan Africa, where mobile payments are expected to grow b...

Nigerian FinTech registers 100,000 users on its lending platform

January 27, 2022

Emma Okonji Nigerian fintech, P2vest Technology Limited, has announced that its peer-to-peer lending app, P2Vest, has reached 100,000 users with access to fast loans. This achieve...

The fast loan market will see huge growth by 2027: Santander, Muthoot Finance, Crédit Agricole

January 18, 2022

This press release was originally issued by SBWire Edison, New Jersey—(SBWIRE) – 01/18/2022 – The latest published study on the global rapid loans market by AMA Research assesses market size, trend and forecas...

City of London says COVID-19 masks Brexit to fund

January 6, 2022

Some 7,400 finance jobs, far less than originally planned, have been moved from London to the European Union's new banking hubs, but COVID-19 "may mask what is really going on" LONDON,...

Brexit news: “Macron threats” prompted London to become the world’s leading financial center | City & Business | Finance

December 31, 2021

The United Kingdom officially left the European Union on January 1, 2021 after a final trade agreement signed between the two parties. It follows several months of tense and often bitter negotiations. But, f...

Forbes India – Covid-19: Integrated finance will promote financial inclusion of the next 500 million Indians: Vasanth Kamath

December 29, 2021

The emergence of integrated finance has created a market opportunity driven by the rise of non-bank tech companies, estimated to be worth $ 7 trillion globally by 2030. Image: Shutterstock/> In terms...

We have disbursed over 117 billion naira in loans since its inception – FairMoney

December 21, 2021

The FairMoney team expressed the importance of serving the unbanked and underbanked, which, according to the bank, â€œstems from a burning desire to bridge the gap between developing ...

The Fiji Times “Fijians cautioned against engaging in bogus financial affairs; Notorious crook involved

December 16, 2021

Fijians have been warned against a notorious con artist known to operate a bogus financial service promising quick cash loans. The Consumers Council of Fiji yesterday issued a new alert advising all consu...

Mark Allen Smith Joins White Oak Commercial Finance as Managing Director in Midwest

December 6, 2021

NEW YORK--(COMMERCIAL THREAD) - White Oak Commercial Finance (â€œWhite Oakâ€), a subsidiary of White Oak Global Advisors, is pleased to welcome Mark Allen Smith as Man...

Daimler launches financial branch dedicated to heavy goods vehicles

November 30, 2021

Date: 01.12.2021 The paperwork for the Daimler truck and car divorce is proceeding today with Daimler Truck Aus creating a new financial branch only for heavy vehicles ...

FairMoney Microfinance Bank unveils Toyin Abraham as new brand ambassador

November 25, 2021

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Toyota Motor Credit Corporation to provide consumer finance solutions for Great American Outdoors Group, parent company of Bass Pro Shops, Cabela’s and White River Marine Group

November 21, 2021

PLANO, Texas, November 21, 2021 / PRNewswire / - Today, Toyota Motor Credit Corporation (TMCC) announced the signing of a letter of intent with Great American Outdoors LLC, the parent company of Bass Pro Shops,...

Innovectives digitizes 1 million SMEs and obtains a CBN license | The Guardian Nigeria News

November 17, 2021

Innovectives, a transactional solutions company focused on creating wealth through innovation, has launched a five-year mandate to empower one million SMEs in bord...

Propanc Biopharma Appoints Paul Patrizio as Strategic Advisor to Establish US-Based Operating R&D Subsidiary, Cellmed Bio LLC, New Jersey

November 3, 2021

MELBOURNE, Australia, November 03, 2021- (BUSINESS WIRE) -Propanc Biopharma, Inc. (OTCQB: PPCB) (“Propanc” or the “Company”), a biopharmaceutical company developing novel anticancer treatments for patients with...

UK Finance Minister Rishi Sunak to Unveil Plan for First ‘Net Zero’ Financial Center at COP26 Climate Summit

November 3, 2021

UK Finance Minister Rishi Sunak will present plans on carbon emissions in a speech at COP26. (To file)London: UK Finance Minister Rishi Sunak will announce plans to make Britain the world's leading net zero f...

Global Capital Partners assists in pre-construction of world-class resort in Loreto Baja, Mexico

October 29, 2021

New York, NY, October 29, 2021 - (PR.com) - Global Capital Partners Fund has changed the world of credit with upscaled financial services across the United States. And now they're making a big splash in Mexic...

UK Financial Conduct Authority Application Outlook | Allen & Overy LLP

October 27, 2021

Rathi repeats a strong message from Business Plan 2021/22 that the FCA wants to transform again. The FCA continues to recognize the impact of the pandemic, Brexit, technology and the search for a greener eco...

Expanding the Telstra family with Digicel Pacific

October 24, 2021

Today we announced exciting news of our partnership with the Australian government to acquire Digicel Pacific, the largest mobile operator in the South Pacific region. Australia has deep personal, histori...

Tala seizes $ 145 million to bring more financial services to emerging markets – TechCrunch

October 14, 2021

Tala, an emerging market digital lender that offers loans between $ 10 and $ 500 to consumers and small business owners, has raised $ 145 million in Series E financing. Upstart, a company founded by ex-Go...

Why supply chain bottlenecks could be a threat to Biden’s climate efforts

October 5, 2021

President Biden's lofty climate goals - a carbon-free U.S. electricity grid by 2035 and a net zero-emissions economy by 2050 - require just about anything to go well.What can be an overlooked challenge to achie...

Can we bet on neobanks?

October 5, 2021

â€œThe bank is necessary, but the banks are not,â€ said Bill Gates in 1994.Looks like he anticipated today's trends! For the young people around us, traditional banking conju...

Hardbacon Launches Multilingual Personal Finance Guide for New Canadian Immigrants

September 30, 2021

Hardbacon strengthens its mission to help all Canadians make better financial decisions by expanding its content to 10 different languages. Hardbacon, a personal finance app used by over 30,000 Canadians, tod...

CCB aligns its strategies with the 14th five-year plan

September 30, 2021

As one of China's largest public lenders, China Construction Bank (CCB) is vigorously aligning its programs and strategies with the 14th Five-Year Plan (2021-2025), the overarching framework guiding the...

Get 1% cashback and 5% on your savings! There is a catch, however | Personal Finances | Finance

September 26, 2021

JP Morgan owns the largest consumer bank in the United States used by over 60 million households and wants to be a big hit here as well. Its Chase checking account is now launching in the UK and is packed wit...

VersaBank announces the price of its public offering

September 22, 2021

LONDON, ON, September 21, 2021 / CNW / - VersaBank (â€œVersaBankâ€ or the â€œBankâ€) today announced the price of its previously announced publ...

Former Treasury Secretary Mnuchin raises $ 2.5 billion for fund – Bloomberg News

September 20, 2021

US Treasury Secretary Steve Mnuchin speaks at a press conference to announce the reinstatement of sanctions against Iran by the Trump administration, at the US Department of State in Washington, United States, ...

US banking lobby groups oppose tax reporting bill

September 17, 2021

People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York, United States, March 19, 2021. REUTERS / Brendan McDermid / File PhotoSept. 17 (Reuters) - America's biggest banking lobby ...

A strong and modern financial partnership between UK and Bangladesh can be mutually beneficial: Rushanara

September 16, 2021

A strong and modern partnership in the financial sector between the UK and Bangladesh has the potential for mutual benefits, UK Prime Minister's Trade E...

How is increasing digital lending in Tier 3 and 4 regions accelerating financial inclusion?

September 16, 2021

The pandemic has forced a number of global financial institutions to back down. New business circumstances have necessitated a transition to the digitization of financial services. At the same time, the pand...

Banque de Kigali extends IKOFI financial product to coffee producers – KT PRESS

September 11, 2021

Banque de Kigali CEO Dr Diane Karusisi (R) gives a cell phone to a farmer Bank of Kigali has extended its digital finance product - IKOFI to coffee producers in order to financially transform the lives of Rwan...

Muzzle the watchdog? : the head of Asic defends the shift to “promoting economic recovery” | Business

September 4, 2021

By any means, Joe Longo has a job to do.The new head of the Australian Securities and Investments Commission has only been in the post since April and his opponents are already claiming the corporate watchdog ...

Stephen Jones shares how three banks avoided him amid storm of obscene remarks

August 28, 2021

Shameful ex-Barclays executive Stephen Jones shares how three banks avoided him following a storm of obscene remarks: "My language was sexist - I regret it"By Helen Cahill, Financial Mail On Sunda...

‘They’ve gone too far’: Australians living abroad fear being tricked if they return home to visit family | australian politics

August 6, 2021

Australians living abroad say a federal rule change that could trap them if they return to visit family and friends could force many to give up their travel altogether.Expats living abroad told Guardian Austra...

Wyden-led amendment would clarify cryptocurrency reporting rules

August 4, 2021

Groups lobbying the bill on behalf of blockchain networks, cryptocurrency investors and other sectors of the industry argued that the definition of a broker in the bill could be interpreted as s '' applying to ...

TransUnion enters into new long-term agreement with FICO to distribute FICO® score in Canada

August 3, 2021

TransUnion provides credit reports, fraud analysis and other services to Canada's largest financial institutions and lendersTORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) - TransUnion Canada announced today that it h...

Singapore to grant first crypto license in a bid to attract digital asset groups

August 3, 2021

Singapore is set to grant formal regulatory approval to a cryptocurrency exchange for the first time as the Asian city-state steps up its challenge to compete with Hong...

Suspected fraudster locked up in Greece

July 23, 2021

"Never heard of the company"Attempts to contact Mr Papas and Ms Agostino of Greece and Australia on Friday yielded no response. Nothing was found at the head office of Mr Papas' investment vehicle, Mazcon Inv...

Fisher Investments launches private management group in Ireland

July 19, 2021

The company continues to grow rapidly and expand to serve Irish individual investorsDUBLIN, July 19, 2021 / PRNewswire / - Fisher Investments Ireland Limited â€” the new one, Irelanda subsidi...

Finance ministers meet in Venice to finalize global tax deal

July 9, 2021

"I think first of all this is an economic capitulation that other countries are happy to accept, as long as America makes itself so uncompetitive," Brady said. "And second, I think there are too many compet...

‘Devastated’ 85-year-old man fights MLC over life politics

July 9, 2021

When his family contacted MLC Life, which was previously owned by the National Australia Bank but now part of the Japanese group Nippon Life Insurance, they were told that the policy was a term life insuranc...

Brussels demands UK to align as EU bodies cheat UK regulations BEN HABIB | Express commentary | Comment

July 8, 2021

I have always been against the pursuit of equivalence - a technical term for mutual recognition of the adequacy of our respective regulatory regimes - so that our financial services industry can trade transp...

Handing over financial services responsibilities to regulators, MEPs say

July 5, 2021

An influential group of MPs backed the government's plans to move EU rules on financial services to UK regulators' rule books.The Treasury Select Committee said most of what was passed into UK law from EU la...

Forget Robinhood! Canadian version is much better

July 2, 2021

The Robinhood trading platform yesterday gave potential investors a sneak peek under the hood. The Menlo Park-based company has filed an S-1 with the Securities Exchange Commission (SEC) for an initial publ...

Royal Bank of India warns of Big Tech’s potential to dominate financial services • The Register

July 2, 2021

The Royal Bank of India (RBI) warned of the potential of Big Techs to dominate the financial services industry and invade banks in its financial stability report released yesterday. Listed alongside climate...

BlackRock® Canada Announces Risk Rating Updates, Name Changes and Semi-Annual Distributions for Certain iShares Exchange Traded Funds

June 25, 2021

TORONTO, June 25, 2021 (GLOBE NEWSWIRE) - BlackRock Asset Management Canada Limited (â€œBlackRock Canada"), an indirect wholly owned subsidiary of BlackRock, Inc. ("Black rock") (NYSE: BLK) t...

Criptonite Asset Management and US company Wave Financial announce strategic partnership

June 22, 2021

GENEVA, June 22, 2021 / PRNewswire / - Criptonite AM, an innovative Swiss wealth management company, today announced its strategic partnership with Financial wave (Wave), an SEC-regulated digital asset inves...

Cryptocurrency boom fails to stem losses for UK fintech firm Revolut | Crypto-currencies

June 21, 2021

UK fintech Revolut's losses nearly doubled last year, despite the year-end cryptocurrency boom.The company - founded by former Lehman Brothers trader Nik Storonsky and chaired by former Standard Life Aberdee...

‘Poor’ men are more successful in the financial sector, say women

June 17, 2021

This week, the European Central Bank proposed using gender diversity as a criterion for the approval of board members of the banks it oversees. Such mandates are a lever to increase the representation of wo...

UK calls for City of London to be excluded from G7 global tax plan

June 8, 2021

Rishi Sunak, British Chancellor, pushes for City of London waiver as part of G7 campaign for new global tax system covering 'biggest and most profitable multinational companies' .Sunak said...

Momentum is building for a more sustainable financial sector

June 7, 2021

New report shows more financial organizations are integrating sustainability into their business practices Australia's financial sector made...

Apple wants Australia to keep payments regulatory regime as is

June 7, 2021

Apple has recommended that no changes be made to Australia's financial services regulatory framework, saying that ...

The developer who owns the Hamilton site where two houses were burnt down had the company administered last year

June 4, 2021

The controversy over two old houses catching fire on a block for a Brisbane townhouse development came at a bad time for the developer - leading real estate investor Sasha Hopkins.Key points:Sasha Hopkins ow...

Carlisle Financial Company nominated for 2021 Women in Finance Awards

June 4, 2021

Truly Independent, a company that its website says provides expert financial advice on pensions, investments, protection and mortgages as well as other financial services, received four nominatio...

Zip sets two-year deadline to claim a larger global claim

May 30, 2021

Gray, a 25-year credit industry veteran and COO of Zip, co-founded Zip with CEO Larry Diamond in 2013. The Sydneysider, who is married with two daughters, is also passionate about horse racing and owner of s...

Seeking to expand its digital footprint in US auto dealerships coast to coast, UK-based CitNOW acquires Quik.

May 26, 2021

BloombergWall Street calls on political A-Listers for $ 30 trillion green boom(Bloomberg) - Mark Carney at Brookfield Asset Management. Nigel Farage, Brexit architect, at the DGB group. One of Obama's main...

Rise in US futures, Asia stable; Gain in bond balance: market envelopment

May 26, 2021

(Bloomberg) - US and European equity futures rose on Wednesday and Asian stocks edged up. T-bills dampened a rally boosted by Federal Reserve officials, again predicting transient price pressures.MSCI Inc.'...

Bank of America raises US minimum wage to $ 25 by 2025

May 24, 2021

Sheri Bronstein Courtesy of Bank of AmericaA national bank with a strong presence in western Michigan has announced that it will increase its minimum hourly wage in the United States to $ 25 by 2025.Additio...

US stocks rise after jobs data; Oil falls: market envelopment

May 20, 2021

(Bloomberg) - U.S. stocks rose as investors weighed in a report showing state unemployment insurance claims last week fell to a new pandemic low over the prospect of a hike in l 'inflation.The Nasdaq 100 ind...

Massachusetts Financial Services Company UK Regulatory Notice: Form 8.3 – Willis Towers Watson plc

May 5, 2021

LONDON--(BUSINESS WIRE) - FORM 8.3 IRISH GRIP PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH RECRUITMENT PANEL ACT, 1997, TAKE-OVER RULES, 2013 TRANSACTIONS BY PERSONS INTERESTED IN RELEVANT SECU...

Bank headquarters to move from Edinburgh to London in case of independence, boss says

April 29, 2021

Banking giant RBS would move its headquarters from Scotland to London if a vote is taken to remove the country from the UK, the boss of its parent company has said.Alison Rose, managing director of the NatWe...

UK regulator offers ‘quick fixes’ for Mifid rules

April 28, 2021

The UK financial regulator has proposed several 'quick fixes' to rules covering investment research and reporting requirements for stock trading to ensure that asset managers are not at a d...

Boris hits back at EU after France threatens to trigger financial sanctions against UK | Politics | New

April 28, 2021

France accused the UK of delaying in providing fisheries licenses for UK waters. Under the trade deal struck last year, European fisheries can still access UK waters but must apply for licenses to do so and...

J2761 – Storage Manager – United Kingdom, S Eng

April 28, 2021

Written by Neel Amin Published: April 28, 2021 ...

Power Corporation of Canada, Canada Life and IGM Financial contribute $ 1.75 million to Ivey Business School

April 28, 2021

Significant donation aimed at making a long-term investment in the development of diverse and visionary leaders LONDON, ON, April 28, 2021 / CNW / - Today, Power Corporation of Canada, Canada Life and IGM Fi...

Hedge fund sells minority stake in Co-op Bank to US private equity

April 28, 2021

Co-op Bank also recorded a loss of pre-tax profit of Â£ 7.2million in the first three months of 2021, following a loss of Â£ 27million a year earlier. Photo credit: John Keeble / Get...

BMO Helps Gibson Energy Fully Convert Credit Facility to Sustainability Loan

April 28, 2021

Gibson Energy Inc. is the premier public energy company North America fully transform its primary syndicated revolving credit facility into a sustainability revolving credit facility New Funding Agreement...

CySEC allows 88 UK companies to operate without an office until end of year

April 28, 2021

Financial supervision revealed that 96 six UK companies had applied for the TP scheme, of which seven were deemed inadmissible on the basis of eligibility criteria, and one was withdrawn. The Cypriot Securit...

Xiaomi to deploy financial services unit in India and plans to seek RBI approval for NBFC

March 11, 2021

Xiaomi plans to launch its financial services unit as NBFCThe company will offer consumer loans to people who buy electronics, home appliances, etc.It will also provide credit to businesses for the purchase of...

Xiaomi deploys Mi Credit for instant loans in India | Technology news

March 11, 2021

Bangalore: Chinese mobile phone maker Xiaomi on Thursday launched “Mi Credit”, its new service that serves as a platform for users to launch instant financial loans in India. According to the company, “Mi Credi...

Why BK Group will not buy a bank | New times

March 11, 2021

As bank acquisitions and mergers become a trend in Rwanda, Bank of Kigali, a subsidiary of BK Group, said it would not buy any local players. With an asset base of over $ 1 billion, there was...

The bank as a life coach: the quest for “everyday banking”

March 11, 2021

It sounds prosaic, but “everyday banking” could be a way for retail banks to stay relevant in the digital future.The idea is that rather than interacting with customers only when they ask to store or move mo...

Pawn shops are raising a lot of money to grow

March 11, 2021

Leading jeweler Phu Nhuan Jewelry (PNJ) recently announced that it acquire a 30 percent stake in the chain of pawn shops Golden Friend Jsc.The Ho Chi Minh City-based pawnbroker chain was founded in 2017 wit...

NCBA Bank targets dynamic SMEs in the local market

March 11, 2021

NCBA Bank Tanzania CEO and Managing Director Margaret Karume said SMEs involve the majority of people and their growth will propel the country towards rapid economic growth. Karume, who was speaking in Dar ...

Is there too much fintech?

March 11, 2021

Much ado for Fintech! The past two weeks have been nothing short of insane for Nigerian fintech, with the sector garnering nearly $ 400 million in investment during a particularly crazy weeklong period. Thi...

SME: FCMB financially supports 15,000 women

March 11, 2021

First City Monument Bank, FCMB, one of the leading providers of financial services in Nigeria, has continued to grow and support small and medium enterprises...

Kenya’s most expensive mobile loans

March 11, 2021

By DAILY BUSINESS Buying electricity on credit through a Safaricom associate is the most expensive digital mobile loan in the bankers lobby group's ranking, which also reveals the exorbitant monthly...

Invest in Aave (AAVE) – Everything you need to know

March 11, 2021

Aave is a decentralized lending system that has helped boost interest in the Challenge sector to new heights. This next-generation protocol was one of the first to allow users to lend, borrow, and earn inte...

Manu Jain, Telecom News, ET Telecom

March 11, 2021

“Last year was very difficult for our fintech company because after the lockdown all of our business fell to zero. The focus of all our partners on the platform then shifted from granting new loans to guara...

Sacco collects money from the inhabitants and disappears

March 11, 2021