Tag Archives: financial services

DGAP-News: Ferratum Capital Germany GmbH / Key word(s): Preliminary results15.03.2022 / 07:30 The issuer is solely responsible for the content of this announcement. Multitude Group publishes its preliminary unaudited annual results for 2021 Helsinki, March 15, 2022 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or the “Group”) announces preliminary …

Information available on the CBN website shows that there are approximately 916 licensed microfinance banks in Nigeria. These banks provide essential financial services (such as savings, loans, domestic remittances, etc.) to low-income, unbanked and underserved groups like market women and unemployed youth. For a highly populated country like Nigeria where …

A payment processor that allegedly helped a bogus discount club system debit tens of millions of dollars from consumers without authorization will have to pay $2.3 million and face a permanent ban from working with high-end customers. risk following a Federal Trade Commission lawsuit. According to the FTC’s complaint in …

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 …

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 …

Greed is the big problem. The love of money is the root of many evils. And it seems that insatiability is growing rapidly. But let me fall back on an age-old hypothesis of the famous triangle of fraud. These are pressure, opportunity and rationalization. When my last book titled: “Corporate …

Paytm, India’s leading digital payments and financial services company, is offering collateral-free instant loans of up to Rs 5 lakh to small traders in conjunction with regular commercial banks and NBFCs. The loans are available at a low interest rate and come with a unique daily EMI option, Mint reported. …

This week, inspired by the re-emergence of a legendary brand from the past, GlobalCapital immersed in the murky world of investment banking brands. The recently resurrected name is none other than Salomon Brothers, the bond trading giant made (even more) famous by the book Liar’s Pokeran insider’s account by former …

FloatMe, a San Antonio tech startup that provides cash advances to workers on their next paycheck, said it raised $16.2 million from investors in its most recent fundraising round. Overall, the startup has raised $49.1 million in funding since June 2019, including $25 million in debt funding, according to Crunchbase, …

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, …

A truck heads east along historic Route 66 in Albuquerque in this 2017 photo, past a sign advertising a securities lending business. New Mexico lawmakers are considering lowering the current 175% state cap on small loan interest rates during this year’s 30-day legislative session. (AP Photo/Susan Montoya Bryan) SANTA FE …

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 …

RECOVERING money can give your finances a welcome boost and there are several compensation schemes you can get money from. Banks and payday lenders are among the companies paying out claims and it could be worth thousands of pounds. 1 Compensation worth thousands can be claimed in some casesCredit: Getty …

[ad_1] 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 …

When the coronavirus first posed a threat to the health and finances of Americans, Tiffany Moore of Forest Park first turned to an installment lender hoping for financial relief. The good news: She was approved for a $9,500 loan to compensate a tenant in her property who couldn’t pay rent. …

[ad_1] Press release / Ad hoc announcement in accordance with Art. 53 LR Bern, November 4, 2021 Valiant significantly exceeds its growth targets In the third quarter of 2021, Valiant recorded a 4.2% increase in customer loans, exceeding its annual target of 3%. Valiant’s strategy is bearing fruit, in particular …

[ad_1] LB Finance PLC, the country’s leading non-bank financial institution, recently introduced a revolutionary digital solution to boost its core gold lending business. With the latest solution, the company’s gold lending customers have the option of receiving instant digital top-up gold lending through the LB CIM (Cash-In-Mobile) smartphone app. This …

[ad_1] On October 22, 2021, The Est? E Lauder Companies Inc. entered into an unsecured senior credit agreement between the Company, the Qualifying Subsidiaries of the Company which are parties to it from time to time, as defined herein, the lenders party thereto and JPMorgan Chase Bank, NA, as administrative …

[ad_1] The NHL and adidas have teamed up to produce an eco-friendly jersey made in part with recycled materials, priced at just over $ 150. The Seattle Kraken’s white jerseys are already sold out. The Cosmopolitan / Design: Alex Brooks MGM Resorts is aggressively dabbling in mobile sports betting, but …

[ad_1] When you run out of money for an unforeseen emergency or a bill that needs to be paid right away, a quick loan can set you back. Unfortunately, people in this situation often take out risky and expensive payday loans. These loans are popular because many of them do …

Pandemic government aid may have helped some Californians avoid using expensive payday loans last year, but some experts say it may be too early for celebration. A new report found that in 2020, California saw a 40% drop in payday loans taken out compared to 2019, a drop equivalent to …

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[ad_1] The world seems to go faster every year, and yet nothing seems slower than the speed at which paychecks are distributed. In the United States, work done the day after a pay period will take just two weeks to process, with a check or direct deposit arriving a week …

[ad_1] The world seems to go faster every year, and yet nothing seems slower than the speed at which paychecks are distributed. In the United States, work done the day after a pay period will take just two weeks to process, with a check or direct deposit arriving a week …

[ad_1] NEW DELHI : New To get approval for an instant personal loan, it is usually enough to have a good credit rating and complete an online application form. Availing of personal medical loans, however, requires more than that. You will need to provide your employer’s contact details, salary slip, …

[ad_1] Ella Abbott Two organizations are teaming up to provide small loans to residents of Grant County, in an effort to discourage the use of high interest payday loans. The “Bridge the Gap” loan program aims to create better financial literacy and help residents lift themselves out of poverty. Grant …

[ad_1] Six years ago, Downstate Springfield woman Billie Aschmeller took out a short-term loan of $ 596 with an insane annual interest rate of 304%. Even if she repaid the loan within the two years required by her lender, her total bill would exceed $ 3,000. Soon after, however, Aschmeller …

[ad_1] Loan service If you’re looking for a personal loan, we’ve got great news for you. The leading digital financial services platform in India, Payment launched a new instant personal loan service on its platform to facilitate access to credit services to its one million customers which also includes the …

[ad_1] Exeter, UK, December 15, 2020 (GLOBE NEWSWIRE) – Obtaining loans and making financial decisions is often a daunting task for many. Some just don’t have enough understanding, some lack the right advice, while others just don’t have the references to borrow. UK-based financial solutions provider Cobra Payday Loans solves …

[ad_1] 9 December 2020, 09:36 (CET) Berlin, December 9, 2020 The Penta digital banking platform is taking a big step forward in supporting individual businesses and small and medium-sized businesses during the COVID-19 pandemic. Customers can now apply for the KfW 2020 instant loan fully digitally through Penta, thanks to …

[ad_1] Paytm-Suryoday to Offer Instant Loans to 100,000 MSMEs in 12-18 Months Hyderabad, Dec 2 (KNN) To give MSMEs instant digital loans, Paytm announced its partnership with Suryoday Small Finance Bank on Wednesday. The company advances the cause of financial inclusion by offering instant microloans to businesses that do not …

FORT WORTH (CBSDFW.COM) – As millions of Americans struggle to pay bills, various payday lenders are offering relief in the form of quick cash. But these deals could end up costing long-term borrowers much more. READ MORE: Corsicana pastors have known the victims of a quadruple murder for more than …

The payday loan racket may have gotten tougher for lenders, but it remains treacherous for consumers. Last week, the Consumer Financial Protection Bureau announced a new set of protections for borrowers using these services. Financial experts and consumer advocates have sharply criticized the payday loan industry for its predatory practices …

[ad_1] There are various advantages that make Fintech platforms the most preferred option for obtaining instant personal loans. Instant loans mean that the funds are credited to the customer’s account immediately after their loan application. This includes a smooth customer journey and simplified underwriting in many cases, in addition to …

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 …

[ad_1] The Chronicle Business journalistECONET Wireless Zimbabwe’s mobile money transfer unit, EcoCash, has introduced instant loans of up to $ 100 accessible via mobile phone. The facility, which provides immediate nano-loans, is offered as part of a partnership between EcoCash, the fintech arm of Econet Cassava SmarTech and Steward Bank, …

[ad_1] HFC Managing Director Sam Waweru (left) shows HF Group Chairman Steve Mainda (center), HF Group Managing Director Frank Ireri how to activate HF Whizz, the bank’s new digital banking solution. It has become a normal trend for local banks to adopt an online platform / app for their customers …

[ad_1] Expanding its portfolio of value-added internet services, Xiaomi launched its own Mi Credit instant loan platform in India. The platform lists financial loan providers that MIUI users can access to apply for quick loans. MIUI users can avail personal loans of Rs 1,000 to Rs 1 lakh from the …