Browsing Tag
financial services
Thousands of Russians stranded in Thailand after asset freezes, airline lockdowns
About 6,500 Russians are stranded in four provinces and cities in Thailand as tourists grapple with fewer air options to get home and sanctions that have affected their access to financial services, the Associated Press reported.Tourism…
Goldman Sachs raises its targets for asset and wealth management
Goldman Sachs has increased its targets for long-term net inflows, alternative fund inflows and fees in asset management and wealth…
Brookfield Asset Management Inc. (NYSE: BAM) Declares Quarterly Dividend of $0.14
Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) announced a quarterly dividend on Thursday, February 10, Zacks reports. Shareholders of record on Monday February 28 will receive a dividend of 0.14 per share from the financial…
Brookfield Asset Management Inc. (NYSE: BAM) Receives Average Analyst Rating of “Buy”
Brookfield Asset Management Inc. (NYSE:BAM) (TSE:BAM.A) has been assigned a consensus rating of "buy" by the twelve ratings companies that currently cover the stock, Marketbeat reports. Three equity research analysts gave the stock a…
Mastercard launches Track Instant Pay for B2B payments
A US-based multinational financial services organization, Mastercard has launched a virtual card that uses the power of machine learning and "straight through processing" for instant payment of supplier bills. The financial services…
Bridge Bank Provides $ 10 Million Asset Loan Facility to Zuum Transportation
SAN JOSE, Calif .-- (COMMERCIAL THREAD) - Bridge Bank today announced that its Capital Finance group has entered into a $ 10 million asset loan facility for Zuum Transportation Inc., a California-based logistics technology provider…
Brookfield Asset Management Inc. (NYSE: BAM) Receives Analysts ‘Buy’ Consensus Rating
Stocks of Brookfield Asset Management Inc. (NYSE: BAM) (TSE: BAM.A) have garnered a consensus âbuyâ recommendation from the twelve brokerage firms that currently cover the company, Marketbeat reports.…
Pagaya Stock Uses AI To Power Asset-Backed Securities
About three months ago, we revisited a fintech company called Upstart (UPST) after the surge in its share price. In our previous article on the company, which uses artificial intelligence to analyze loan applications, we decided…
Volta Finance Limited – Net asset value as of November 30
Volta Finance Limited (VAT / VTAS) - Novemberbre 2021 monthly report DO NOT DISTRIBUTE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR IN PART, IN THE UNITED STATES OR TO THE UNITED STATES ***** Fordrnsey, ten December…
Brookfield Asset Management Inc. (NYSE: BAM) based on analyst average “Buy” rating
Brookfield Asset Management Inc. (NYSE: BAM) (TSE: BAM.A) has achieved a consensus âBuyâ rating from the twelve analysts that cover the company, reports MarketBeat. Three investment analysts rated the…
Bridge Bank Issues $ 10 Million Asset Line of Credit to Shippabo | national news
SAN JOSE, California, 28 October 2021 / PRNewswire / - Bridge Bank today announced that its Capital Finance…
MFIs shouldn’t be cautious about higher asset growth: RBI DG Rao
The Deputy Governor of the Reserve Bank of India, Mr. Rajeshwar Rao, said on Wednesday that while the central bank will promote the growth of the microfinance sector (MFI), lenders in the space should not be cautious to obtain…
KOHO launches Instant Pay ushering in a new era of payroll
TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) - KOHO is making every day a payday for individuals across the country. Continuing its commitment to putting all Canadians in control of their finances, Toronto-based Fintech launched Instant…
NI Capital closes ‘Seyola’ cash fund subscription at EGP 1.075 billion
Egyptian Planning and Economic Development Minister Hala El-Said announced the closing of subscriptions to NI Capital's first treasury fund, âSeyolaâ, with an issue size…
Instant Pay FinTech Clair joins Allpoint from Cardtronics
HOUSTON, Feb.11, 2021 (GLOBE NEWSWIRE) - Cardtronics today announced a new partnership with Clear, a social impact fintech aimed at helping US hourly workers lead better financial lives, to give Clair members free cash access through its…
Egypt opens subscription to ‘Seyola’ treasury fund and targets up to EGP 100 million in…
Egypt announced on Sunday the launch of the subscription to the 'Seyola' treasury investment fund, which is its first treasury fund that allows investment in a number of financial instruments.
The investments targeted through the…
Zhejiang banking regulator bans online deposit products
After China's largest fintech companies removed savings products linked to regional banks from their online platforms, a local regulator explicitly ended deposit activities managed jointly between the online platforms and commercial…
Ant Group to Stop Selling Online Filing Products Due to Regulations
Alibaba's Ant Group on Friday phased out online deposit funds products offered by banks through its financial platform Alipay, the fintech giant complying with regulatory requirements to combat financial risk."Ant has voluntarily phased…
GhIPPS Reports 700% Increase in Instant Payment Services in Q1 2020
- Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) revealed that usage of its GIP platform increased by 700% in Q1 2020- Around 1,007,510 were carried out between January and March 2020, compared to 126,925…
Instant pay apps give you quick access to wages – but there’s a catch
Sure, birthdays and holidays are great, but if you live paycheck to paycheck, paydays are some of the happiest days of the year. While many employees wait a week to a month to get the money their business owes them, new apps from fintech…
The rise of instant payment services
Around 22 banks and four fintech companies as well as a savings and loan company now offer the GhIPSS Instant Pay (GIP) service to the public.
GIP is an electronic payment system that allows bank customers to!-->!-->…
Access to the ‘instant payout’ app may increase financial instability
A Vancouver-based payroll app disrupts the traditional payroll cycle by giving workers instant access to their paychecks on a daily basis. A handful of employers, including Mr Mikes and McDonald's, have signed up for Instant…