Skip to main content

States Extend SNAP Emergency Funds Oct 2...

Hispanolist / iStock.com U.S. households eligible for Supplemental Nutrition Assistance Program benefits received a financial boost during the COVID-19 pandemic in the form of an Emergency Allowance that provides $95 or more in supplemental funds each month. In most states, this benefit has already expired, but more than a dozen states have extended it through […]

Equity takes the lead in digital banking...

Partner Content Equity takes the lead in digital banking transformation Friday, September 30, 2022 Today’s consumers have become more connected and digitally savvy. This has led to their desire to have more control over when and how they want to transact and access banking services. This transformation has seen the banking industry increase its investment […]

BankPlus and FHLB Dallas Award $38,000 t...

JACKSON, Miss.–(BUSINESS WIRE)–September 29, 2022– BankPlus and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded $38,315 through the Partnership Grant Program (PGP) to five Mississippi nonprofit organizations. They celebrated the awards at a check presentation ceremony in Jackson this week. This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220929005960/en/ […]

GOP lawmakers introduce bill to diversif...

Three Republican lawmakers introduced bicameral legislation on Thursday to clarify that plan trustees can invest in a diverse range of asset classes, such as digital assets and private equity. Sen. Pat Toomey, R-Pa. ; Senator Tim Scott, RS.C. ; and Rep. Peter Meijer, R-Mich., introduced the Retirement Savings Modernization Act to amend ERISA and allow […]

A look at the performance of the banking...

By Anshul Sep 29, 2022, 10:20 a.m. STI (Update) mini How have bank funds performed recently and should you invest in them? CNBC-TV18.com spoke to experts to get an answer to this question Banking stocks have outperformed in recent months on strong credit demand and a decline in non-performing asset (NPA) write-offs. They’ve topped Nifty […]

Pinnacle is one of the best places to wo...

NASHVILLE, Tenn.–(BUSINESS WIRE)–Pinnacle Financial Partners remains one of the best places to work for women in the country, earning second place on the latest list of FORTUNE magazine and Great Place to Work®. The firm ranks among the best in the country for how women partners view their experience in terms of fairness and equity. […]

Zimbabwe: List of Exchange Traded Funds ...

In Zimbabwe, investment in Exchange Traded Funds (ETFs) is growing rapidly and various ETFs of different types are emerging. Investing in an ETF is easy, but before you invest, make sure you choose the one that best suits your financial plan. Investing in ETFs or exchange-traded funds is equivalent to investing directly in all the […]

TipHaus launches hausmoney banking platf...

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. Seattle, Wash.–(Newsfile Corp. – September 27, 2022) – TipHaus, a Seattle-based company, announced the launch of the Earned Tip Access digital banking platform and hausmoney digital app to simplify tip sharing and tips. payments in the service sector. TipHaus already has a […]

Avenue Bank reinvents SME banking with n...

SYDNEY, Australia, Sept. 26, 2022 (GLOBE NEWSWIRE) — nCino, Inc.. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Avenue Bank, an Australian digital merchant banking startup specializing in to small and medium-sized enterprises, is online on the nCino Bank Operating System®. Avenue Bank […]

Psu Equity Funds – How Have They Perform

By Anshul Sep 26, 2022, 7:51 PM IST (Released) mini PSU equity funds invest primarily in public companies in the public sector. CNBC-TV18.com compares the best performing funds based on the latest 1-year return. PSU equity funds have underperformed major indices over the past few years. However, over the last 9-12 months, the BSE PSU […]

ACON Investments closes its investment i...

WASHINGTON and MEXICO CITY, September 26, 2022 /PRNewswire/ — ACON Investments, LLC (“ACON”) announced today that its subsidiary, ACON Latin America Opportunities Fund V, LP (“ALAOF V”) and its co-investors have completed an investment in Corporación Actinver, SAB de CV (BMV:ACTINVR B; “Actinver” or the “Company”). Activate is one of from Mexico leading investment services […]

signzy funding: Digital banking infrastr...

Digital banking infrastructure provider Signzy has raised Rs 210 crore (or $26 million) from investors led by Gaja Capital to support its expansion plan. Existing investors Vertex Ventures and Arkam Ventures also participated in the round, said Bengaluru-based Signzy. The company said it would use the fund to bolster its existing product line and drive […]

Customers turn to FDs as banks hike rate...

Banks are seeing a shift from savings accounts to term deposits even as credit growth accelerates. During the reporting fortnight (ending 9 September), all scheduled banks reported an overall increase in deposits of ₹62,196.47 crore, likely due to the transfer of funds from savings accounts to fixed deposits (FD) or the opening of new FD. […]

Here’s why the US government fears doing

The resumption of trade between the two nations is a welcome development according to both parties, assuming that the interests of both players are protected. The overcoming tension between these two nations stems from the potential tax that could be imposed on their businesses if they began to trade with each other. The United States […]

Five Sectors That Attracted the Highest ...

Diversifying your investments is the key to thriving in the stock market. Suppose you have invested heavily in a sector, your investments could take a hit if there is a change in government policy or adverse market conditions. But, if you diversify your investments in various sectors, you may suffer a small hit. This is […]

$2,000 and above: exchange companies mus...

KARACHI: In order to further strengthen the regulatory regime of exchange companies and promote banking channels, the State Bank of Pakistan (SBP) has restricted exchange companies for cash sale transactions worth $2,000 or more. In accordance with the new SBP guidelines, ECs are now required to conduct all foreign currency sales transactions of $2,000 or […]

8 safe investments for seniors

shapecharge / iStock.com As you get older, it’s generally a good idea to start slowly reducing the risk in your portfolio. When you are young, not only do you have a growing stream of income from your work, but you have plenty of time to recover from any bear market. But, if you’re at the […]

BancPlus Corporation Announces Managemen...

JACKSON, Miss–(BUSINESS WIRE)–BancPlus Corporation, the parent company of BankPlus, today announced a leadership succession plan that enables the company to continue to deliver meaningful growth for its customers, communities, teams and shareholders. B. Bryan Jones III was elected to succeed Thomas G. Peaster as Chairman of the Board of Directors of BancPlus Corporation and BankPlus […]

EBRD pledges new funds to upgrade wastew...

BAKU, Azerbaijan, September 23. The European Bank for Reconstruction and Development (EBRD) is funding further improvements to water supply and treatment services in Kazakhstan’s third-largest city, Shymkent, Trend reports quoting the EBRD. The Bank provides fresh funds to the country’s private municipal water company, Vodnye Resoursy Marketing (VRM), responsible for serving nearly 1.1 million people. […]

Banking giant with nearly $450 billion i...

A Japanese banking giant is venturing into the world of digital assets by launching its own crypto-focused venture capital arm. According to a recent company Press releaseNomura Holdings, which manages nearly $450 billion in assets, today announced that Laser Digital will serve as a new crypto business. Nomura Holdings says the first product to launch […]

AI skills crisis may lead to wasted inve...

Survey Confirms Growing Importance of Relevant Experience and Non-degree Credentials in Concluding AI and Data Science skills gaps CARY, North Carolina, September 22, 2022 /PRNewswire/ — Urgent action is needed to address an artificial intelligence (AI) skills crisis that is already stifling productivity and innovation in the United States, according to a new study. Published […]

How Acute Informatics is Revolutionizing...

Launched in 2005, Acute Informatics has revolutionized the IT space by providing fintech companies with banking solutions and services that enable organizations to secure a competitive advantage. With more than 150 active engagements with customers and more than 350 people, Acute Informatics delivers solutions that aim to improve operational efficiency while innovating and minimizing costs. […]

Dozens of Chicago Chefs Host Massive Din...

HUMBOLDT PARK — Nearly 30 Chicago chefs are coming together to help those affected by a humanitarian crisis in Tigray, Ethiopia. Chicago chef Tigist Reda, a native of Tigray, is hosting the Chicago Chefs for Tigray benefit dinner from 6-9 p.m. Wednesday at the National Museum of Puerto Rican Arts and Culture, 3015 W. Division […]

Ivorian fintech Julaya obtains $5 millio...

Payments-led Ivorian fintech start-up Julaya extended his pre-series A round of $5 million. The company, which facilitates B2B payments for businesses in Francophone West Africa, primarily through mobile money channels, raised a total of $7 million in the funding round. In 2019, West Africa reported the most active mobile money services of any region, with […]

Bank of America CEO to Focus on Digital ...

Drew Angerer Bank of America (NYSE: BAC) CEO Brian Moynihan is set to discuss the lender’s growing involvement in its digital investments and cryptocurrency research, among other topics, during his appearance at Wednesday’s House Committee hearing on Financial Services. Moynihan will highlight the bank’s 2022 plan to invest $3.5 billion “in initiatives to improve our […]

Financial Literacy: A Mandatory Requirem...

DepositPhotos Money management is difficult. For small businesses, especially minority-owned ones, developing strong financial literacy skills is critical to their success. Fortunately, there are many useful resources available Lyndsae’ Peele, the founder of Kingdom Vision Consulting, notes that small business owners know how to do their job or service, but that’s only one aspect of […]

Own Vanguard ETFs/Mutual Funds? Check y...

Maximusnd/iStock via Getty Images It was nearly impossible to escape the bear market You may have noticed that since the start of the current equity bear market on January 3rd of this year, nearly all of Vanguard’s equity ETF offerings (and mutual funds) are in negative territory, the deeper. So would it have been beneficial […]

Credit Suisse Investment Banking exit tr...

Following the Archegos debacle, Credit Suisse reduced its services to financial investors and transferred them to its competitors. The withdrawal of the Swiss bank from prime brokerage is now shaking up the market. The void left by Credit Suisse in its hedge fund and institutional investor business will not remain filled for long. As the […]

NGX and UBA to Design Products to Attrac...

The Nigerian Exchange (NGX) Limited is reportedly soon to design capital market products to attract diaspora investment in collaboration with United Bank for Africa (UBA) Plc. NGX Managing Director, Mr. Temi Popoola, said last week that the product option would be made available to Nigerians living abroad through the deployment of the technology. He said […]

Clickatell Helps Nigerians Access eNaira...

Clickatell (https://www.Clickatell.com), a CPaaS innovator and chat commerce leader, has partnered with the Central Bank of Nigeria (CBN) (https://www.CBN.gov.ng) to provide fast, simple, and cost-effective eNaira banking services for all Nigerians using the USSD channel, eliminating the need for data and available on all handsets. Clickatell has collaborated with the CBN to launch a USSD […]

Where do unclaimed funds from PPF, NSC, ...

Where do unclaimed funds from PPF, NSC, SCSS go and how do you track them? The Public Provident Fund (PPF), the National Savings Certificate (NSC) and the Old People’s Savings Scheme (SCSS) are among the most popular fixed income instruments on the market. These are small government-backed savings plans, few of which offer tax advantages. […]

Which bank stock to choose for a long-te...

ICICI Bank and HDFC Bank are two large private sector lenders, both of which have been top picks for investors and analysts. But have you ever wondered if one is better than the other, let’s find out? Stock prices Based on stock returns alone, ICICI Bank appears to have the upper hand over HDFC Bank. […]

Zambia is moving away from Chinese inves...

Zambia, known as an “over-indebted” country by China, finally received a $1.3 billion financial loan from the International Monetary Fund, media reported. Zambian Finance Minister Situmbeko Musokotwane was able to receive a $1.3 billion loan from the IMF with a five-and-a-half-year grace period and a final ten-year maturity, the Financial Post […]

Best High Yield Mutual Funds To Invest I...

Investors are always looking for various investment options that can provide high returns. Although mutual funds offer stable returns over the medium to long term, investors are always looking for higher returns. How about taking on a bit of high risk and aiming for high mutual fund returns? Instead of compromising on 10% annualized returns, […]

Tired of overdraft fees? Try postal ban...

Many of us have been hit with overdraft fees on our checking account before, and while it was nice to have the protection, the $33 fee – the average overdraft fee these days – definitely stung. . What if I told you that overdraft fees are an intentional failure move by a wealthy few in […]

Editorial Recap: Climate Change and Inve...

Editorial Recap: Climate Change and Investments in Minnesota Posted 8:50 p.m. on Friday, September 16, 2022 Minnesota, like many businesses, would be foolish to ignore the risks. Minnesota Auditor Julie Blaha is pushing for the state to adopt what’s known as ESG investing guidelines, short for Environmental, Social, Governance. Slowly, more companies of all sizes […]

The 3 best countries to start a business

Opinions expressed by Entrepreneur the contributors are theirs. When starting a business, the first question that comes to mind is probably where you will be located. You may have ideas about your industry or the type of business you want to start. But where should you locate if you plan to expand across borders and […]

Chinese loan apps: ED freezes funds wort...

The Law Enforcement Directorate said on Friday that it froze funds worth ₹46.67 crore kept in Easebuzz, Razorpay, Cashfree and Paytm payment gateways after carrying out raids this week against Chinese-controlled lending applications and investment tokens. The funds were frozen under the anti-money laundering law. The searches were launched on September 14 at several premises […]

“Competition in banking is alive and wel

Competition for customers in the entry-level space is “alive and alive” according to FNB CEO Jacques Celliers. The bank now has 5.95 million eWallet customers – who hold no other products with the bank – and another six million middle-market retail customers who earn less than R37,500 per month. TymeBank shareholder ARC Investments revealed this […]

Codat and nCino partner to help banks un...

By Edlyn Cardoza Codat, the universal small business data API, announced a partnership with nCino, the global leader in cloud banking, to automate and accelerate banks’ ability to underwrite small business loans worldwide. “Our platform makes it easier for credit analysts to get a clear picture of credit risk,” said Thomas ByrneManaging Director, EMEA at […]

US transfers $3.5 billion in frozen Afgh...

US transfers $3.5 billion in frozen Afghan bank funds Newslooks – WASHINGTON (AP) A year after the tumultuous U.S. withdrawal from Afghanistan, the Biden administration said Wednesday it would transfer $3.5 billion in frozen Afghan central bank funds for the benefit of the Afghan people, as hunger grips all the provinces there. Funds will be […]

SEC proposes new rules for clearinghouse...

The Securities and Exchange Commission today offers a set of new rules for clearing agencies that provide central counterparty services for US Treasury securities aimed, among other things, at improving risk management. Clearing agencies covered by the rules would be required to have policies and procedures in place to require direct participants to submit for […]

With investments in green hydrogen, MENA...

According to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA), the Middle East and North Africa (MENA) region could become a leader in the global decarbonization of steel thanks to investments in hydrogen green and renewable energy. As the global steel industry shifts to direct production and use of reduced […]

Treasury asks White House to approve pla...

The US Treasury Department has formally sent the White House its proposal to begin collecting data on marijuana businesses from banks – alongside industries it already tracks like liquor stores, convenience stores, casinos and car dealerships – as part of its ongoing efforts to combat money laundering activities. . In a notice published in the […]

Venture capital funds keep rolling as No...

While the injection of capital into companies has taken a summer nap, some venture capitalists continue to see their coffers overflowing. Three years after raising a $500 million fund, a European venture capital firm North area is back with what the partners call its “biggest fundraising yet” of €1 billion, or $1.01 billion, for its […]

Carbon finance to transform the digital ...

Carbon Finance says it is poised to transform the banking experience, making banking services more accessible and flexible for consumers. According to a statement, the company began operations in 2012 as One Credit, a physical consumer lender focused on the Nigerian market, the company later pivoted in 2016 to become a digital lender through its […]

Top 8 DeFi tools to boost your investmen...

Disclaimer: The information shared is for educational purposes only. Although AMBCrypto may be compensated for any links shared here, this does not affect our reviewers’ ratings. The days when centralized institutions such as banks were the benchmark for the entire economic system are long gone. Today, the world is full of opportunities, experiences, reforms and […]

Online shopping services shut down in Af...

Almost all major online shopping services in Afghanistan have closed, with the two major online shopping services recently announcing the closure of their services due to the financial crisis in the country. Nearly a year after the Taliban took control of Afghanistan, the lack of legitimate governance power in the country […]

Sacramento Third Act ‘Banking on Our Fut

Photo courtesy of Third Act: Banking on Our Future. SACRAMENTO — The Third Act “Banking On Our Future” campaign will stage a street protest Monday, Sept. 12 from 11 a.m. to 1 p.m. against the fossil fuel lending practices of three banks: JP Morgan Chase, Bank of America and Wells Fargo. Activists will meet at […]

Deliveroo pilot wins funds to produce Br...

Bom appetite for Dublin-based Brazilian food entrepreneur and Deliveroo cyclist Guilherme Zogbi, who has received €10,000 funding from the food delivery service he works for to expand his business. ogbi, who moved to Ireland seven years ago, started a business called StarCheese with his mother Miriam. They produce a Brazilian snack called pao de queijo […]

TONY HETHERINGTON returns to Living Inve...

Tony Hetherington is the Financial Mail on Sunday’s investigator, battling readers’ corners, exposing the truth behind closed doors and winning victories for those who have been left behind. Find out how to contact him below. PM writes: I am sending you a summary of the payments my late father made to Living Investments UK for […]

Secure business capital with interest-fr...

The importance of small and medium enterprises (SMEs) for any country, especially Nigeria, cannot be overstated. It is therefore not surprising that SMEs are one of the foundations of the country’s economic development. One of the biggest challenges small and medium-sized enterprises (SMEs) face is access to finance. High qualification thresholds, high interest rates, and […]

Why are equity inflows declining? Check...

Schema name Number of plans as of August 31, 2022 Number of Folios as of August 31, 2022 Net Inflow (+ve)/Outflow (-ve) for the month of August 2022 (INR in crore) Open plans Income/debt driven plans Night funds 32 608 994 -16,405.13 Liquid fund 37 1,752,790 50,095.82 Ultra Short Duration Funds 26 620 888 6,372.41 […]

Ethiopia wants to open up its banking se...

Abiy’s government is trying to restore its image as a reformer by promising to open up the banking sector a year after the consortium Safaricom, Vodacom and Vodafone obtained a license to operate in Ethiopia. Ethiopia is moving towards a more liberal economy after decades of centralized economic planning. Since Prime Minister Abiy Ahmed began […]

5 strategies to set up your investments ...

Breadcrumb Links Peter Hodson: Big profits are going to be made when – not if – the market changes Traders work on the floor of the New York Stock Exchange. Photo by Spencer Platt/Getty Images Files Content of the article Most investors — it seems all investor – are negative these days. There’s definitely a […]

What is vishing and is it a threat to yo...

What is a vishing attack and what does it look like? Vishing attacks can take many forms, but the hallmark of vishing is unsolicited phone calls to your employees. Usually these phone calls claim to be from a legitimate organization that your business might already be doing business with. More sophisticated vishing attacks will also […]

Revolut does not deserve a banking licen...

A recent fundraiser valued Revolut at £24 billion, about the same as Natwest. Yet, with losses doubling to over £200m on revenue of just £261m, the digital banking newcomer is currently light years away from such a high price tag. Storonsky knows that for Revolut to have any chance of justifying its huge valuation, it […]

Putnam Investments Appoints Head of Sust...

Jacquelyn S. VanderBrug joined Putnam Investments as Head of Sustainability Strategy, a newly created role. Ms VanderBrug will report to Robert L. Reynoldspresident and chief executive officer of Putnam, and she will also join the company’s operating committee, according to a Wednesday press release. She will be based in Boston, according to an email from […]

VTB would only consider buying Citi’s Ru

In August 2022, Citi announced plans to close Russian operations. Credit: Pexels from Pixabay. Russian banking group VTB is not interested in acquiring Citi’s operations in the country, Interfax reported, citing VTB chief Andrei Kostin. Speaking to reporters from the Eastern Economic Forum, Kostin said that VTB would only consider acquiring the US bank’s assets […]

Amendment of the Regulations applicable ...

On August 16, 2022, the Resolution amending the General Provisions applicable to mutual funds and their service companies (the “CUFI”, and the resolution amending it, the “Amendment”) was published in the Official Federal Gazette, taking effect the day after its publication. The purpose of the amendment is to (i) reduce the administrative burden of complying […]

Eros Investments Acquires 90% Stake in E...

Eros investments, a global portfolio of media, entertainment and technology companies, today announced the acquisition of a 90% fully diluted equity stake in ENT Global, a digital rights management company, for an undisclosed amount and entered into a strategic partnership with L3COS, a blockchain-based operating system. The joint entity will be the world’s first Fiat-on-Chain […]

Faysal Bank aims to reach Rs1trn of asse...

KARACHI: The management of Faysal Bank Limited aims to increase the value of its assets up to 1 trillion rupees by the end of 2022 to be the second Islamic bank in Pakistan to reach the mark. Speaking at the media roundtable recently, Chief Financial Officer Syed Majid Ali said the bank is likely to […]

Swedish banking icon supports Ark Kapita...

After raising €165 million to provide alternative long-term financing options in March and another €150 million credit facility from Pollen Street Capital in April, based in Stockholm Ark Capital doubled its equity financing from €15 million to €30 million in an acceleration cycle. This brings the total capital available for founders to lend to €300 […]

Alternative Credit Q&A: Craig Reeves, Pr

The private debt market is a story of growth, evolving from the ashes of the global financial crisis to become an asset class in its own right. AlphaWeek’s Greg Winterton spoke with Craig Reeves, founder of private debt investor Prestige Funds, to learn more about what he sees in the space. GW: Craig, one of […]

The government considers investments by ...

Railway construction is seen in Balagtas, Bulacan on June 14, 2021. — PHILIPPINE STAR/ MICHAEL VARCAS By Diego Gabriel C.Robles The MARCOS administration is considering investments from public and private insurance companies to support its ambitious infrastructure program amid a fiscal crisis, the country’s finance chief has said. Finance Secretary Benjamin E. Diokno said the […]

No, a company cannot refuse your torn in...

I have lived in Mexico for 15 years and have found that refusing to accept torn invoices in businesses is common, with OXXO being the main offender. It wasn’t until this week’s report by the Mexican consumer protection agency on the use of torn and stained bills that I learned that the practice of refusing […]

Erdoğan allows Al-Qaeda in Syria to use

Originally published as ‘HTS terrorist allowed to use Turkish banks despite UN sanctions and presidential decree’. The documents referenced in this article can be found in the original Nordic monitor version. Abdullah Bozkurt is a Turkish journalist. He was the bureau chief of the Gülen-aligned Today’s Zaman newspaper. A Turkish member of Hay’at Tahrir al-Sham […]

India’s institutional investment in real

A vehicle drives past residential buildings in Mumbai. File/Reuters V Nagarajan Indian real estate sector transaction volumes in Q2 2022 reflect a resilient response to global changes, registering a marginal uptick of 2% in the immediate quarter. Investments in Q2 2022 were 27% lower on an annual basis as the visible impacts of global financial […]

Investigation reveals ‘questionable’ fun

ISLAMABAD: Investigation into ‘questionable’ money transferred to Pakistan by former Abraaj Group owner Arif Naqvi reveals large amount of foreign funds were used for former ruling party’s media campaign Pakistan Tehreek-i-Insaf ( PTI) during the 2013 general election. Documents obtained by the Federal Investigation Agency (FIA), seen by Dawn, revealed that $625,000 had been funneled […]

Macquarie Global Infrastructure Total Re...

NEW YORK–(BUSINESS WIRE)–The board of directors of Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) (“Fund”) declared on September 2, 2022 a regular distribution for the month ending August 31, 2022 of $0.13 per share. Based on the Fund’s net asset value (“NAV”) per share of $27.35 and the New York Stock Exchange closing […]

Can cryptocurrency help the cannabis ind...

Although medical and recreational marijuana is legal in many states across the country,annabis remains illegal under federal law and the the lack of federal regulation forces the industry to operate outside the traditional financial system. Dispensaries and other cannabis companies without access to federal banks and credit card networks are forced to accept and hold […]

Synovus Announces Quarterly Dividends | ...

COLUMBUS, Ga.–(BUSINESS WIRE)–The Board of Directors of Synovus Financial Corp. (NYSE: SNV) declared the following quarterly dividends: $0.34 per share on the Company’s common stock, payable on October 3, 2022 to shareholders of record on September 15, 2022. $0.39375 per share on the Company’s Fixed-Floating Rate Non-Cumulative Perpetual Preferred Shares, Series D, payable on September […]