financial institutions

Share us on: By Archive…

SANTA ROSA, Calif.--(BUSINESS WIRE)--March 17, 2022--American Credit Union (ACU) has been recognized by…

BEIJING/SHANGHAI, March 5 (Reuters) - China is aiming to increase small business lending by major commercial banks by more than 40% this year, Premier Li Keqiang said at the annual parliament meeting on Saturday.The government will urge…

Press play to listen to this article Oliver Bullough is the author of "Butler to the World: How Britain Becomes the servant of oligarchs, tax dodgers, kleptocrats and criminals", which will be published on…

Russian authorities are taking action on several fronts to support financial markets and keep liquid assets in Russia, including a new set of countermeasures introduced by President Vladimir Putin. The Central Bank of Russia also plays…

Feb 27 (Reuters) - Russia's central bank on Sunday announced a series of measures to support domestic markets as it struggles to manage the growing fallout from tough Western sanctions over the weekend in retaliation for the invasion of…

A Fairview Heights man was sentenced Friday to 27 months in federal prison for organizing what prosecutors called a "large-scale" bank fraud scheme.Lagardo Wright, 21, led a team of co-conspirators who printed counterfeit…

On Thursday, February 24, British Prime Minister Boris Johnson lobbied "very hard" to remove Russia from the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international payments system, which would severely limit…

NEW YORK, Feb 23 (Reuters) - Citigroup executives will present detailed plans to generate better returns and address spending concerns at a shareholder meeting next month that analysts and investors say could determine his future.The bank…

People walk past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason LeeJoin now for FREE unlimited access to Reuters.comRegisterSHANGHAI, Feb 18 (Reuters) - Chinese…

Digital payment company Payrailz announced on Wednesday (February 16th) that its payment services are now available through the Alkami platform, enabling financial institutions (FIs) to offer Payrailz's smarter and more engaging payment…

Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to a global average of 13 bank branches and 40 ATMs.. Reports also indicate that less than a third of Nigerian adults have access to a bank branch or…

ATLANTA — Heidi Royal, who worked as an accountant at an Atlanta-based wealth management firm, pleaded guilty to federal charges stemming from a scheme to defraud one of the firm's clients. "Royal exploited the trust placed in her by an…

Amid the pandemic, banks have had to get creative to meet customer demands for new products and an increasingly digital experience. Matt Naish, Head of Product Strategy at FISPAN, told PYMNTS in an interview that application programming…

Section 2.03. Creation of a Direct Financial Obligation or an Obligation under a Off-Balance Sheet Arrangement of a Registrant. At February 3, 2022, ModivCare Inc. (the “Company”) has entered into a credit agreement (the…

From left to right: Prabhu Mathavan, Executive Director of Cargills Bank, Roshan Dilruk, Director of Online Operations of Cargills, Asanka Mahanama, Senior Director of Cargills (Ceylon), Minister Namal Rajapakasa, Cargills Online…

Even in the face of a pandemic, businesses must continue to operate, despite challenges preventing employees from working from home and preventing them from interacting face-to-face. As a result, commercial banks have noted a demand for…

Using alternative data to underwrite loans to small and medium enterprises (SMEs) is nothing new, whether it's leveraging social media or using other non-traditional means. Today, artificial intelligence (AI) is expanding the universe of…

…

For many, owning a car is no longer a luxury, rather it has become a necessity. And buying a car would probably be the second most expensive purchase a person will make in their lifetime right after buying a house. Many finance this car…

…

SAN FRANCISCO, January 5, 2022 / PRNewswire / - Agent IQ, Inc., the leader in personal digital customer engagement for financial institutions, is pleased to announce the launch of its Lynq digital assistant and chat service with Banks…

New Central Bank of China Governor Yi Gang (C) leaves after a speech at the China Development Forum (CDF) 2018 annual session at Diaoyutai State Guesthouse in Beijing, China on March 25, 2018. REUTERS / Jason LeeRegister now for FREE and…

Stone He, president of Huawei Cloud Business in Southern Africa. Technology is quickly becoming an integral part of everyday life. According to data released by the World Bank,…

Megabanks and regional lenders will benefit from rising interest rates and potential loan growth in 2022, but could be challenged to extend their large stock market gains from 2021.The banking industry faces a tougher regulatory and…

NEW ORLEANS - U.S. Attorney Duane A. Evans has announced that a grand jury has issued an indictment on December 10, 2021 against GLENN E. DIAZ, 70 years old, from Arabia; PETER J. "PETE" JENEVEIN, 56, from Panama City, Florida; and MARK…

LONDON, December 7, 2021 (GLOBE NEWSWIRE) - Proxymity, the main digital communication platform for investors, and Lumi, the world leader in AGM technology, have extended their relationship with the deployment of a first digital connection…

Deputy United States Attorney Daniel Silva (619) 546-9713 SUMMARY OF THE PRESS RELEASE—December 3, 2021 SAN DIEGO - Global Gold Exchange, LLC and its officers, Richard M. Owen, James Warren and Jeffrey Morrow, were…

Last year, fintech API infrastructure players entered the African tech scene, ushering in Plaid-like services to businesses and developers. And the attention to these companies, especially from venture capitalists, has intensified…

In the continuing evolution of financial services, neobanks have experienced tremendous growth, offering products and services that aim to be downright competitive and more attractive than what is offered by traditional financial…

The economic impact of Covid-19 has been immense. Many people struggle to repay their loans, which is why governments and banks have implemented loan restructuring programs, vacation programs, and payment holidays.…

STAR Bank will be Alkami Technology's first client to use the company's technology to deliver cryptocurrencies to its clients, the companies said in a joint press release on Tuesday, November 2. Alkami, a cloud-based digital banking…

Greenbelt, Maryland - U.S. District Judge Paula Xinis sentence Glenda Hodges, 72, of Clinton, Maryland, to two years in federal prison, followed by three years of supervised release, after Hodges pleaded guilty to two counts of wire…

Niti Aayog and the World Bank are working together to facilitate a faster and easier electric vehicle (EV) financing program after main street banks look lukewarm due to small resale market, probabilities of default higher and higher…

Based in Hong Kong, FinverseThe ambitious goal of the is to enable an open bank throughout the Asia-Pacific region. The startup recently emerged from stealth mode with $ 1.8 million in seed funding and is now present in four markets…

CLEVELAND - The Biden administration is trying to crack down on tax-dodging people with a proposed policy to monitor Americans' bank accounts.The proposal would require financial institutions to report annual net deposits and withdrawals…

Financial institutions will check credibility with CIBIL, Equifax, or Experian, before sanctioning the loan.By Chaitali DuttaI have deposits worth Rs 20 lakh in banks. Can I pledge FD and get a loan at a lower rate from a bank?Yes, a loan…

If you are self-employed, whether as an independent contractor, freelance writer, consultant, or other type of small business owner, chances are you have a lot of questions about how best to manage your finances. Among them:…

African Development Bank Group and MTN sign $ 500,000 grant agreement By Edlyn Cardoza…

Google Plex was announced last year. (Image credit: 9to5Google)The Indian company is already among the leading digital payment providers.Tech giant Google's list of avoided services is skyrocketing. Last on the list is its Plex…

The bottom line: You may find Laredo Federal Credit Union attractive if you are looking for free checking or savings accounts in Laredo, Texas. But if you favor weekend customer service or high interest…

By John KinsellaABA point of view AAs the congressional debate over the Biden administration's Build Back Better program continues on Capitol Hill, public opposition to a proposal that would have a significant effect on…

Sex sells. But finding a bank ready to take the money is a little more complicated. That's the hard lesson learned by people like Geneviève LeJeune, the founder of Skirt Club, which runs a community of 16,000 bisexual and…

California has approximately 1 million households that do not have a bank account, the majority of which are Black and Latino, according to federal government data.But they may soon have access…

A Florida man pleaded guilty today in U.S. District Court for the District of Massachusetts to conspiracy to commit electronic fraud as part of a scheme to deceive banks and credit card companies to that they process credit and debit card…

Posted: October 12, 2021 at 11:00 a.m. EDT|Update: 29 minutes agoSAN FRANCISCO, 12 October 2021 / PRNewswire / - Agent IQ, Inc., the leader in personal digital customer engagement for financial institutions, is pleased to announce its!-->!-->…

Cloud-based clearing bank ClearBank has deployed a new multi-currency solution designed to reduce friction for FinTechs and financial institutions (FIs) working with cross-border payments, according to a Press release. With the new offer,…

…

SYDNEY, Oct. 7 (Reuters) - A group of shareholders on Thursday filed climate change resolutions with three of Australia's big four banks, asking them to meet their self-proclaimed support for net zero emissions by 2050 and to stop trading…

Months after abandoning its plan to list its non-bank subsidiary, HDB Financial Services, HDFC Bank has launched a formal process to recruit a strategic investor, people familiar with the matter said. The country's largest private lender…

Oluchi Chibuzo examines Sterling Bank's business decision to provide financial products and services that would have significant positive social and environmental impacts on the communities where it operates There are several financial…

Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we promote the…

TALLINN, Estonia, September 29, 2021 (GLOBE NEWSWIRE) - European fintech startups are growing rapidly. With strong regulatory frameworks, cutting-edge technology and a vibrant and tight-knit European market, many consider these upstart…

GAINESVILLE, FLORIDA --A federal jury in Gainesville convicted Jeremie Saintvil, 46, of Delray Beach, Fla., Of bank fraud, misrepresentation to a federally insured financial institution, aggravated identity theft and misrepresentation to a…

Harrisburg, PA - The fight to protect individuals' private information continues. The Pa. Bankers…

There is no shortage of (bad) ideas for reforming the United States Postal Service (USPS). Unfortunately,…

United States: LIBOR transition: the first SOFR syndicated loan has arrived!…

BIRMINGHAM, Alabama - A former Chick-fil-A employee today pleaded guilty to participating in a conspiracy to defraud his former employer and commit bank fraud, U.S. Attorney Prim F. Escalona and the U.S. special agent of the American…

COLUMBUS, Ohio (WKBN) - Ohio Treasurer Robert Sprague joins other state treasurers across the country to fight a Biden administration plan that rrequire financial institutions to turn over account information to the Internal…

In the great digital shift, for small and medium-sized businesses, payments have become a very 'on the ground' activity, carried out both on the spot and on demand. Entrepreneurs want to pay their subcontractors. Construction companies…

As part of my job last month, I met a young woman in her thirties who needed my help in resolving a contentious transaction between her account at the financial institution where I work and a system of online savings account. I…

BILLINGS, MT– First Interstate BancSystem, Inc. (NASDAQ: FIBK) ("FIBK"), parent company of First Interstate Bank and Great Western Bancorp, Inc. (NYSE: GWB)…

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 groups banded together on…

United States: SAFE Banking Act of 2021: where do we stand on cannabis banking change?…

Women in Pakistan hold a total of 14.5 million active bank accounts, which is only 27% of the total number of active accounts in Pakistan. The bulk, 73% or 37.8 million of the total 53.2 million accounts, is reserved for men.…

A Camp Hill financial institution that provides banking services to banks sold a subsidiary.Atlantic Community Bankers Bank, which provides correspondence banking, lending, investing and cash management services to community financial…

Today, in B2B payments, Nuula scores $ 120 million in fundraising and Banking-as-a-Service is now a $ 1 trillion industry. In addition, eBay and bidadoo team up for B2B e-commerce for trucks and equipment, “Time to…

A former executive director of the Front Royal-Warren County Economic Development Authority pleaded not…

India's two-wave COVID-19 outbreak since March 2020 has become an…

August 10, 2021 Washington DC. - Mike Crapo (R-Idaho), a ranking member of the U.S. Senate finance committee, introduced an amendment to Democrats' reckless tax and spending legislation to prevent surveillance…

The Federal Deposit Insurance Corp., an independent federal agency, performs several functions. But arguably his most important job is to insure the money you have deposited in an FDIC member bank. The FDIC generally insures a…

Editorial independenceWe want to help you make better informed decisions. Certain links on this page - clearly marked - may direct you to a partner website and earn us a referral commission. For more information, see How we make…

Digital Currency UpdatesSign up for myFT Daily Digest to be the first to know about digital currency news. Stephen Cecchetti is the Rosen Family Chair in International Finance at Brandeis International Business School.…

The Bank of Tanzania (BoT) injected 1tri / - to financial institutions for loans to the private sector with the aim of mitigating the macroeconomic impacts of the Covid-19 pandemic in the country. BoT Governor Professor Florens Luoga…

NOTICE: After celebrating Matariki, the highlight of renewal and regeneration in the Maori calendar, now is a good time to think about how to solve a major problem that is preventing us as a nation from achieving true growth and real…

Major Korean bank to launch crypto custody services One of South Korea's largest financial institutions, Woori Financial Group, will soon begin offering cryptocurrency custody services to its clients through a project known as…

Woori Bank, the South Korean financial institution, enters the market for DACS (cryptocurrency custody services). Woori Financial Group will begin offering cryptocurrency custody services to its clients. It is one of the largest South…

A security guard walks past the headquarters of the Bank of Japan in Tokyo, Japan on January 23, 2019. REUTERS / Issei KatoBOJ says it will push banks to improve climate risk disclosureThe BOJ works with the regulator to analyze climate…

Bangalore-based Unique code, a digitalization platform for the sales ecosystem, announced Thursday $ 5 million in funding led by The surge of Sequoia Capital India and Nexus Venture Partners, with the participation of WaterBridge Ventures.…

Text size Why does China need a lower reserve requirement ratio?…

Full-service payment service provider (PSP) of local digital payment solutions, Paymaster24, would have chosen Banking circle in order to improve its existing service proposition for merchants. Above all, the collaboration with Banking…

BIRMINGHAM, Alabama - Today a father and son were arrested and charged in a bank fraud scheme in which they provided fraudulent information to financial institutions for the purpose of purchasing boats, luxury vehicles and heavy equipment,…

Golden State, California is home to more than 4 million small businesses stretching from San Diego and Los Angeles north to San Francisco and Sacramento. The state relies on these companies to support its economy. Keep reading…

Overview It is not surprising that intangible assets such as intellectual property are becoming increasingly important like any other form of tangible asset, i.e. land and machinery, for contemporary business. Given the importance of…

October 3, 2018 4 minutes to read Opinions expressed by Contractor the contributors are theirs. You are…