Monthly Archives: May 2022
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Sharp increase in the number of people missing repayments to buy now, pay later consumer loans
More people are having trouble with buy now, pay later loans as the cost of living crisis worsens. Buy Now, Pay Later (BNPL) offers interest-free, short-term ... -
Holy Redeemer Credit Union (HRCU) President Explains Evangel Merger; members unanimously approve
Views : 388 Posted: Monday, May 30, 2022. 3:50 p.m. CST. By Aaron Humes: Members of the Holy Redeemer Credit Union (HRCU) have unanimously ... -
Where do credit scores come from and why they don’t quite match up – but can
There was nothing inherently wrong with what Boni was doing, or what many blacks and Latinos are doing. They just weren’t the kind of customer credit ... -
Your money may be at risk with Zelle
David GardnerFor the camera It’s hard for many of us to imagine a life before payment apps. Whether it’s paying the babysitter or splitting a check ... -
Consolidation in Indian real estate: fad or reality?
Being a frequent business traveler in Pune, I pass a project under construction; this project was developed at a snail’s pace before. But over the past ... -
NorState FCU Receives League Social Responsibility Award
pic price sue danielle NorState FCU Marketing Director Danielle Hebert, left, and President and CEO Susan G. Whitehead accept the Dora Maxwell Community Service Award for ... -
Interest rates are rising, but this banking product is still a bad choice
Image source: Getty Images You may want to put your money elsewhere. Key points Rate hikes by the Federal Reserve will likely result in higher interest ... -
Wolters Kluwer Wins Third Consecutive FTF News Innovation Award for Excellence in Operational Risk Management
The OneSumX® for Operational Risk solution continues to lead this area for financial service providers MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Compliance Solutions won a 2022 FTF News Technology ... -
US corporate monopolies worsen inflation: Fed report
Do not pass go. Don’t collect $200. In fact, why not go ahead and give Mr. Monopoly everything your money? According to economists at the Federal ... -
The ESG effect | UCNA News
Environment, social and governance (ESG) is more than a buzzword. ESG has gained popularity globally as a way to assess an organization’s profitability, environmental sustainability and ... -
Solidarity loans: what are they?
Examples of secured loans There are different types of secured loans that use a variety of assets. Learn more about these types of loans by reading ... -
New Laws, Lenders Improve Access to Affordable Small Loans | Smart Change: Personal Finances
Annie Millerbernd Inflation has particularly affected people who are already struggling to get gas in their tanks and groceries in their refrigerators. For many, a payday ... -
New Roads Auto Loans Releases “Vehicle Maintenance Tips Everyone Should Know”
By understanding what each of your car’s warning lights mean, you’ll be able to fix minor issues before they become big ones. IRVINE, CA (PRWEB) ... -
equipifi raises $12 million to power financial institutions with Buy Now Pay Later
equipifi raises $12 million to power financial institutions with Buy Now Pay Later By Joy Dumasia Today Arizona BNPL Buy now Pay later equipifi, a FinTech ... -
FinTech ZoodPay acquires Tez Financial Services
ZoodPaya Swiss buy now, pay later (BNPL) service provider that focuses on customers in the Middle East and Central Asia, has bought the Karachi, Pakistan-based company ... -
Allegacy FCU taps enterprise technology provider NCR for data analytics solution
Enterprise technology provider NCR Corporation has been selected by Allegacy Federal Credit Union (FCU) to support its transition to a data-driven organization. Allegacy FCU will leverage ... -
The 5 Biggest Financial Mistakes I Made in My 30s
Image source: Getty Images Looking over your shoulder to focus on life’s mistakes is futile. The trick is to learn from them and move on. Key ... -
Falling Institutional Demand Forces High Yield Crypto Accounts to Cut Rates
Yields available on crypto holdings have fallen to their lowest levels in over a year on some platforms as institutional demand for borrowing recedes, diminishing one ... -
In 1:1 Interview, VyStar Credit Union Executive Reveals CEO Was on Vacation Amid Online Banking Troubles
JACKSONVILLE, Florida. – With VyStar Credit Union members struggling to get information about their accounts for a week now, News4JAX has learned that the CEO is ... -
Khabib asks for credit from Charles Oliveira and Islam Makhachev: ‘I feel bad for these guys’
Although we would like to see him back, Khabib Nurmagomedov remains retired. “The Eagle” has accomplished one of the rarest feats in any sport: coming out ... -
Bridge lenders for commercial real estate
Commercial bridge loans are short-term loans used for commercial real estate projects, including acquisition or renovation. Also called “bridge loans”, they are designed to provide temporary ... -
Catalyst Property Finance targets £500m loan portfolio
Catalyst Property Finance aims to build a loan portfolio of £500m over the next 36 months, with buy-to-let being a major component. Talk to ... -
NXTsoft Hires Fintech Growth Officer and Industry Veteran Howard Kaplan as Partner Growth Manager for API Connectivity as a Service
I am energized by what NXTsoft is doing with its Connectivity-as-a-Service API solution and look forward to amplifying our message in the market. BIRMINGHAM, Alabama ... -
Cambio accepted into the prestigious Y Combinator, receives
CHICAGO, May 17, 2022 (GLOBE NEWSWIRE) — Cambio, a consumer financial rebuilding platform, today announced that it has received a $500,000 investment from Y Combinator (YC) ... -
Sellers receive the “Buy” button via Payoneer
The one-click “buy button” simplicity popularized by the Amazons and PayPals of the world is no less desired by small online sellers, and FinTechs are not ... -
Q&A: Churchill turns to private debt amid rising rates and market volatility
Major U.S. stock indexes have fallen double-digits year-to-date, pushed lower by a combination of rising inflation, Federal Reserve rate hikes, supply constraints and geopolitical disruptions such ... -
Vernon Hill forced out as Republic First chairman under pressure from activists
Under the pressure of critical investorsVernon Hill lost control of Republic First Bancorp’s board of directors. After the death last week of director Theodore Flocco Jr., ... -
USAA San Antonio Wins Another Patent Court Victory
USAA won another huge jury verdict against a major bank that was found guilty of infringing the San Antonio company’s patents. The insurance and financial services ... -
Should you buy prepaid maintenance?
Prepaid maintenance plans can be big savings if your regular maintenance is expensive. This may be especially true in today’s automotive market, where larger vehicles that ... -
Consumers expect faster and easier payments
Banking institutions have offered electronic payment options for years, but consumer demand is stronger than ever. People want payments to be faster and systems to be ... -
Raising interest rates by banks could have a short-term impact on housing demand: Realtors
Shortly after the Reserve Bank of India (RBI) hiked the repo rate by 40 basis points, the banking industry mimicked the same by raising interest rates ... -
Commit to providing payment services through the postal network
Engage, the community banking division of Contis-Solaris, today announced the integration of post office payments to ensure that more people, including those in remote communities, have ... -
SoFi grows in the first quarter; Website visits hinted at it
SoFi Technologies, Inc. (NASDAQ: SOFI), an American personal financial services company and an online bank, have reduced their valuation by 66.52% since the start of the ... -
Worldwide Foundation nominates six I-CUDEs for 2022 | 2022-05-10
The Credit Union World Foundation on Tuesday awarded six credit union professionals the International Credit Union Development Educator (I-CUDE) designation as the I-CUDE Class of 2022. ... -
Can you buy a car without a license?
(iSeeCars) – A valid driver’s license is required to drive a car, but do you need it to buy a car? The answer is no. However, ... -
Why SoFi Technologies plunged 35.2% in April
What happened Shares of Sofi Technologies (SOFI -5.71%) plunged 35.2% in April, according to data from S&P Global Market Intelligence. Earlier this month, management updated its ... -
Cedric Stephens | Holding Banking and Insurance Regulators Accountable | Business
Last Thursday’s Gleaner article, “BOJ Slammed for Role in Banking Abuses,” caught my attention. Kudos to members of the House of Representatives Public Administration and Appropriations ... -
Mortgage Rates Daily Trend Down This Week | May 7 & 8, 2022
After a week of swinging rates, the average 30-year fixed-rate mortgage rate ended the week at 5.939%, 0.17 percentage points lower than last weekend’s rate. Mortgage ... -
Illinois Credit Score Still Among Worst of All States, But Is Improving | Illinois
(The Center Square) – Illinois taxpayers may not have to pay as much interest when their state government takes on debt on taxpayers’ behalf as the ... -
JN bets on the Caymans – Jamaica Observer
(Photo: Garfield Robinson) THE JN Group has applied for a commercial bank in the Cayman Islands with the aim of converting its building society business to ... -
History of economic crisis, stock market crashes and investor reaction
What do you want to know Stagflation, which economists once considered an impossible problem, became a reality in the 1970s. The dotcom bubble of the 1990s ... -
Neat Co. Improves Accounting Platform for SMBs
The Neat Company, which develops accounting automation and document management tools for small businesses, has upgraded its financial management platform, according to a press release from ... -
Can you still get a mortgage with bad credit?
Some people might think that having a bad credit rating can destroy any hope of getting on the property ladder. In reality, it’s a complete myth ... -
The CFPB expands its supervision of non-banking entities | Coie Perkins
With the rapid rise of non-bank financial products and services companies in an ever-changing marketplace, there is growing concern that non-banks are escaping federal scrutiny. To ... -
Credit unions win preliminary injunction blocking enforcement of New York law slashing debt judgment interest rate
A judge in the United States District Court for the Southern District of New York ruled late last week that three credit unions had successfully established ... -
Financial Empowerment – Maintaining Your Credit
(WBNG) – In the three-part series on financial empowerment, we’ve covered credit myths and building credit. In this final installment, we focus on maintaining credit, which ... -
HDFC raises lending rate by 5 basis points; The EMI will increase for the existing borrower
The rate hike is in line with other lenders including State Bank of India and Bank of Baroda The rate hike is in line with other ... -
Becky Lansen, Synchrony Financial | Next 2022
Senior Vice President, General Manager, Venmo When Synchrony Financial launched a new Venmo credit card with PayPal in October 2020, it was unlike any other card ...