Tag Archives: financial institutions

50 years of diplomatic relations with Switzerland: President Cassis emphasizes expanding relations

Swiss President Ignazio Cassis today greeted President of Bangladesh Md Abdul Hamid and Prime Minister Sheikh Hasina on the occasion of the 50th anniversary of diplomatic relations between the two countries. In his congratulatory message, Ignazio Cassis highlighted the longstanding collaboration between the two countries in many fields as well …

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Digital loan apps that allow easy access to instant loans

The FinTech environment has grown in popularity in recent years, especially after the pandemic. The banking, money services and insurance (BFSI) industry in particular has exploded with digital lending services transforming the lending process and disbursement methods. Digital lending is booming as an effective alternative to traditional lending (by financial …

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PH Banks bad debts reach P461B

The amount of bad loans in the Philippine banking sector reached 461 billion pesos at the end of January this year, according to data released Tuesday by Bangko Sentral ng Pilipinas (BSP). Gross non-performing loans (NPLs) from lenders increased by 16.73% to 461.66 billion pesos from 395.46 billion pesos a …

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Philadelphia City Council Moves Towards Nation’s First City Bank

The city council voted 15-1 to pass legislation that will launch the creation of the Philadelphia Public Financial Authority on Thursday. The entity is supposed to provide loans and improve access to credit and other financial services to disadvantaged communities. It is also seen as a first step towards the …

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Five factors that cause credit scores to plummet

If you are someone who regularly monitors your credit score, you may be surprised to see a decline in credit in your credit report. Having the financial knowledge to understand what affects your credit rating can help improve your credit score while giving you peace of mind. Here are five …

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Russian banks face exclusion as allies deploy ‘financial nuclear weapon’

FILE PHOTO: An illustration shows rolled Russian ruble banknotes on a table in Warsaw, Poland January 22, 2016. REUTERS/Kacper Pempel Reuters_tickers This content was published on February 27, 2022 – 00:25 27 February 2022 – 00:25 By Tommy Wilkes, John McCrank and Huw Jones LONDON/NEW YORK (Reuters) – The United …

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Payday loans in Norwalk Fairfield County Ct –

This is a very common situation among freelancers because their income is not the same all the time. I didn’t want to ask my partner for money, so I turned to Payday-Loans-Cash-Advance.net. The potential lender was found a few hours after the application was approved. The next day after submitting …

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New Mexico House approves bill targeting predatory lending | New Mexico News

By MORGAN LEE, Associated Press SANTA FE, NM (AP) — New Mexico House lawmakers have approved legislation to discourage predatory lending by lowering the state cap on annual interest rates for storefront loans. Democratic State Rep. Susan Herrera of Embudo is sponsoring the bill that would lower the maximum interest …

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How Your Security Software Can Also Protect Your Identity

Protecting your security online is an ever-evolving art. As cybercriminals become more sophisticated, your credentials aren’t the only things they want. Today’s digital thieves are looking for ways to use your identity to commit fraud and other criminal activity. A report estimates that consumers lost $56 billion due to identity …

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CFPB Seeks Comments on Consumer Industry Fees

Related practices and jurisdictions Thursday, February 3, 2022 the Consumer Financial Protection Bureau (“CFPB”) continued to strengthen its regulatory oversight of the consumer financial services market. On January 26, 2022, the CFPB published an initiative seeking public input on so-called “unwanted fees” in consumer financial services. According to the CFPB, …

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Equifax: Head of the Equifax Foundation talks about financial inclusion with Authority Magazin…

At the heart of Equifax’s goal is to help people live their best financial lives. That’s why we’re constantly innovating our solutions to promote greater financial inclusion and empower consumers to take charge of their financial situation. Recently, our very own David Stiffler, Chairman of the Equifax Foundation and our …

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artnet: Crypto-rich collectors offer their NFTs as collateral to get cash. But is it really a good deal?

The Art Detective is a weekly column by Katya Kazakina for Artnet News Pro that lifts the curtain on what is really current on the art market. Beeple’s NFT Artwork Dick Milking Plantis not for everyone. In the center is a rocket-sized erect penis supported by a pair of giant …

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DigiDoe, Acorn Finance, ThankUCash and more

AT FinTech future, we know it can be easy to overlook funding announcements in this fast-paced industry. That’s why we’ve set up our weekly In Case You Missed It (ICYMI) Funding Roundup for you to get the latest funding news. DigiDoe is “on the march to revolutionize the world’s outdated …

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Loveland, CO Payday Loans Online. Loveland (CO) Online Payday Loans Zero Credit Check, Zero Fax

Loveland, CO Payday Loans Online. Loveland (CO) Online Payday Loans Zero Credit Check, Zero Fax Loveland CO Payday advances on the web Everyone knows you definitely owe no matter how much people make sure to manage our own tips to ensure that every question asked on time continues to be …

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LOUISIANA ONLINE PAYLOAD LOANS. The state of Louisiana has legislation that regulates cash loans, including interest levels.

LOUISIANA ONLINE PAYLOAD LOANS. The state of Louisiana has legislation that regulates cash loans, including interest levels. As usual in the United States, online payday loans were a way for an individual to make money with simple and reliable preferences, but sometimes with higher than average interest (compared to some …

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US warns banks as it appoints five more Chinese officials under Hong Kong law

FILE PHOTO: Signage is seen at the headquarters of the United States Department of the Treasury in Washington, DC, US, August 29, 2020. REUTERS / Andrew Kelly / File Photo reuters_tickers This content was published on December 20, 2021 – 23:23 December 20, 2021 – 11:23 PM WASHINGTON (Reuters) – …

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DDM signs an acquisition agreement in Switzerland

DDM Holding SA (First North Growth Market: DDM) announces that it has entered into an agreement to acquire 100% of the capital of Swiss Bankers Prepaid Services SA (“Swiss bankers”). Swiss Bankers is the Swiss market leader in prepaid cards and provides innovative credit-based payment products and offers cashless and …

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LKQ CORP: Conclusion of a material definitive agreement, financial statements and supporting documents (Form 8-K)

Item 1.01 Conclusion of a Material Definitive Agreement. On November 23, 2021, LKQ Corporation ("LKQ" or the "Company") and certain other subsidiaries of LKQ (collectively, the "Borrowers") entered into Amendment No. 6 to the Fourth Amended and Restated Credit Agreement dated January 29, 2016 (the "Credit Agreement") with the several …

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Responsible bank: new dimension of green banking

With the climax of climate change and its adverse effects, we are all concerned about our habitat, our economy, our way of life and future generations. The banking sector is not far from it. As societal expectations change, banks need to be transparent and precise about how their products and …

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Payday Loans Online: Get the inside scoop on the benefits.

Do you need a quick fix for your money problems? Payday loans online may be the answer. These loans are designed to help people in an emergency and in need of quick cash. If you are considering applying, there are many advantages to using this type of loan service. In …

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US $ 1.8 million invested in small farmers in West Africa

1.8 million US dollars have been invested by the Agricultural Capital Fund (ABC Fund) in a Beninese microfinance institution National Union of Rural Savings and Loan Banks. UNACREP offers short and long term loans as well as microcredits for its members, collecting deposits, savings from members and clients, while building …

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LIBOR’s swan song

While some companies have started or completed transitions and others have clear plans to do so, there are others who have yet to begin their preparations. Now is the time to engage with their financial institutions to ensure a smooth transition. LIBOR currently backs more than $ 400 trillion in …

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Payday Loans: A Quick Solution To A Financial Crisis

TV and Social media the advertisements emphasize the ease and speed of obtaining financing from banks. However, this couldn’t be further from the truth. This article gives you details on Payday Loans: A Quick Solution To A Financial Crisis. Getting a loan from banks and microfinance is difficult. The eligibility …

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Kansans Protests Payday Loan Interest

TOPEKA, Kansas (WIBW) – The Kansans band together on Monday to protest the high interest rate on payday loans. Topeka JUMP said Kansas residents have come together to urge lawmakers to pass payday loan and auto title reform. He said that currently Kansas law allows payday and car title lenders …

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Will payday loans affect my credit rating?

Payday loans are infamous for being “quick fixes” for people who need fast, small, and convenient personal loans that banks and other financial institutions can’t provide. A payday loan can be up to $2,000 and has a maximum repayment period of 12 months. Payday lenders are notorious for accepting applications …

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Payday loans are debt traps for millions of Australians: report

picture by Christopher Windus to Unsplash A new report has revealed that just over 4.7 million individual payday loans were taken out between April 2016 and July 2019, worth approximately $3.09 billion. These “predatory” loans were taken out by around 1.77 million Australian households and generated around $550 million in …

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Paytm provides instant loans for gold in users’ digital lockers

Paytm plans to offer loans for gold stored in its clients’ digital lockers, two months after the SoftBank Group Corp-backed company began selling the yellow metal on its e-commerce platform. “With a few clicks, the gold you have can be used as collateral to get an instant loan,” Krishna Hegde, …

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Are they right for you?

As banks and financial institutions expand their retail lending business at a time when business lending looks poor, they are turning to technology. Most of the banks have launched instant loans and with this the time to get the loans has decreased considerably. But a bank’s desperation for business shouldn’t …

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