financial services

9F Inc. (NASDAQ:JFU - Get Rating) saw a sharp drop in short-term interest in February. As of February 15, there was short interest totaling 1,170,000 shares, down 18.8% from the total of 1,440,000 shares as of January 31. Based on an…

Some housing markets are at higher risk of a downturn than others in the United States, as homeowners owe more on their homes than they are worth, and incomes are used to pay a higher percentage of housing costs. (iStock) Three…

Buy Now, Pay Later (BNPL) Zip and Sezzle have announced a definitive agreement under which Australia-based Zip will acquire Sezzle, according to a press release. The release notes that Zip's deal sets the implied price for Minneapolis-based…

Dubai: A combination of factors ranging from the rapid resumption of economic growth supported by higher oil prices, the resumption of loan growth, increased interest margins and the significant decline in costs and provisions for loan…

HYDERABAD: A divisional bench of the Telangana High Court has quashed an order by a single judge, who ordered the Enforcement Department (ED) to release Rs 15 crore of the seized amount belonging to PC Financial Services Private Limited…

Analysts expect The Bancorp, Inc. (NASDAQ:TBBK - Get Rating) to report revenue of $83.48 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts provided estimates of Bancorp's earnings, with the…

Hyderabad: Giving some relief to the Law Enforcement Directorate (ED), which investigates Chinese loan enforcement cases, the High Court on Tuesday ordered a standstill on the 270 crore seizure made by the agency from the accounts of PC…

Some of the biggest names in the buy now/pay later market have seen their stock prices plummet in recent weeks, demonstrating that the runaway growth they have seen over the past two years may finally be coming to an end.Affirm's stock has…

AUSTIN, TX, February 15, 2022 /PRNewswire/ -- Abrigo, the leader in compliance, credit risk and lending solutions for financial institutions, today announced its integration with RouteOne, a leader in indirect automotive financing. The…

Previous story: Architects join CMC's bike rally to support girls' education and raise funds for 160 female students Apps that can help you better plan your finances in 2022 Posted on February 12, 2022 Everyone is looking…

Enova International (NYSE: ENVA) was upgraded by StockNews.com from a "hold" rating to a "buy" rating in a report on Friday.A number of other equity research analysts also weighed in on the stock. Zacks Investment Research upgraded…

PennyMac Financial Services, Inc. (NYSE: PFSI) announced a quarterly dividend on Thursday, Feb. 3, Zacks reports. Shareholders of record on Tuesday, February 15 will receive a dividend of 0.20 per share from the REIT on Friday, February…

Indonesia's banking sector is on the brink of a revolution as a new breed of digital banks seek to capitalize on the country's large unbanked and underbanked population, and utilize the digital momentum created by the COVID-19 pandemic. 19…

$45M Raised Through World's First ISPO and Private Token Sale SINGAPORE – February 3, 2022 – (Newswire.com) MELD is an innovative new startup launched today with a mission to level the playing field between the financial “haves”…

Midland States Bancorp (NASDAQ:MSBI) released its quarterly results on Thursday. The financial services provider reported earnings per share of $1.02 for the quarter, beating the consensus estimate of $0.87 by $0.15, MarketWatch…

Comerica (NYSE: CMA) saw its price target raised by research analysts on B. Riley's shares from $ 87.00 to $ 100.00 in a research report released to clients and investors Wednesday, The Fly reports. B. Riley's price target indicates a…

Great Southern Bancorp, Inc. (NASDAQ: GSBC) recorded significant growth in short-term interest rates in December. As of December 15, there was short interest totaling 93,400 shares, an increase of 21.3% from the total of 77,000 shares as…

Last year highlighted the digital divide, Doug Bland, PayPal senior vice president, Global Credit and Financial Services, told PYMNTS, noting that businesses large and small have no choice but to adapt to deliver the omnichannel experiences…

New Delhi: Gold, still viewed as a safe haven for investments in uncertain times, is likely to be the first haven for investors amid the ongoing pandemic. George Alexander Muthoot, MD, Muthoot Finance in an exclusive conversation with Reema…

Wall Street analysts expect Sandy Spring Bancorp, Inc. (NASDAQ: SASR) to post earnings per share (EPS) of $ 1.10 for the current fiscal quarter, Zacks reports. Two analysts have provided earnings estimates for Sandy Spring Bancorp.…

Fintech stocks were hit hard in 2021, with many stocks like Pay Pal (NASDAQ: PYPL) and Robin Hood (NASDAQ: HOOD) fall of more than 38% from their historic highs. Even established companies like To…

Investor (NASDAQ: ISTR) was upgraded by Zacks Investment Research from a "strong sell" rating to a "conservation" rating in a research note issued Thursday to investors, Zacks.com reports. According to Zacks, “Investar Holding Corporation…

Berkshire Bank has named former TIAA and Bank of America executive Nina Charnley to its board of directors. Charnley was elected an independent director to the boards of the bank and its parent company,!--GVCST>!-->…

Princeton, NJ / 360prwire / December 19 / A few decades ago, there was no such thing as fintech. Back in the day, when you needed to get a loan or access your funds in your bank, you could walk or cycle to the bank. But today, this is…

HYDERABAD: As part of its ongoing investigation into instant app-based finance companies, Law Enforcement (ED) officials seized 51 crore rupees from various bank accounts owned by PC Financial Services Pvt Ltd (PCFS) for alleged FEMA…

Kenya-based fintech, Kwara raised $ 4 million in a funding round led by Breega VC. The funds will be used to create an app that allows members of credit unions to access financial services. The growing demand for financial services…

9.12.2021 14:37:47 GMT | SPENN A / S Technology | Company announcement This announcement includes inside information about a new loan product offered through the SPENN app which was published in Rwanda today. Company announcement n ° 74…

SoFi Technologies (NASDAQ: SOFI) went public in June 2021 following a SPAC merger orchestrated by venture capitalist Chamath Palihapitiya. Since then, the stock has underperformed the overall market…

Copyright 2021 PR Newswire. All rights reserved2021-11-24 - Offers 360-degree fixed income investment options - Powered by information-intensive, cutting-edge technology and end-to-end security features - Offers the flexibility to buy and…

Close up of Paypal mobile payment company logo on paper, against light wooden surface, April ... 21, 2019. (Photo by Smith Collection / Gado / Getty Images) Getty Images Our theme of Fintech actions - which…

MANILA, Philippines - Tala, the global technology company that creates the world's most accessible financial services, today launched a unique credit option for its customers. This one-of-a-kind feature, called Tala Flexible Loans,…

ALEX Decentralized Finance Platform (DeFi) announcement Monday (November 15) in new funding in the amount of $ 5.8 million, which will go towards the company's goal of building its trustless, blockchain-based DeFi services. According to the…

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Forward-Looking Information This Form 10-Q contains certain "forward-looking statements" about the Company and its subsidiaries within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans,…

Emerging technologies, and more specifically artificial intelligence (AI), have pervasive and global implications that are transforming entire economic sectors. Algorithms are becoming ubiquitous in our lives, as part of…

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NEW YORK--(COMMERCIAL THREAD) - Following its very popular inaugural sales event this spring, buy now, pay later, pioneer Zip Co. Limited (ASX: Z1P), formerly operating in the United States as Quadpay, announced Today Zip Fest - a…

Somchai: positive on partnerships Large…

Matrixport, Asia's fastest growing digital asset financial services platform, announced the introduction of “Auto-Invest,” an investment tool that allows users to use a strategy of Average dollar cost (DCA) to accumulate Bitcoin (BTC) or…

Americans pretty much everywhere agree that this country's credit reporting system is essentially impenetrable. In an attempt to help, nearly two decades ago, Congress declared consumers have the right to receive a free copy of their…

The student debt burden is a huge problem in America: According to the latest student debt statistics for 2021, over 45 million borrowers owe a whopping $ 1.7 trillion in student loans, which is roughly $ 39,351 per person. During the…

With the close of an extended $ 110 million Series E funding round, small and medium-sized business (SME) financial services start-up Konfío is now a Mexican unicorn valued at $ 1.3 billion, a. Bloomberg reported. As the country's fourth…

- Venmo today announced a collaboration with Grammy-nominated rapper Jack Harlow to help students offset costs early in the school year through the #VenmoU Cash Drop. Through the 24-hour contest, students can visit venmou.com throughout…

Loan services company Pepper Ireland is returning to the commercial lending sector to seize emerging opportunities in…

Mastercard said on Tuesday it would begin offering installment loans known as "buy now, pay later" products amid strong consumer demand during the pandemic. But such offers can come with risks, such as hidden fees and a lack of consumer…

For a brief shining moment, Chris Larsen was the fifth richest man in the world - worth more than Mark Zuckerberg, Larry Ellison, Larry Page or Sergey Brin.Unlike these luminaries, the mild-mannered technical executive is not a household…

Indian investors face a crucial week with announcements due on a review of the country's key bond index and also the government's borrowing plan for the next six months, as reported Bloomberg. FTSE Russell will announce…

Our theme of Fintech actions - which includes digital payments and lending players, card networks and insurance technology players - remains down around 1% year-to-date on an equal basis, compared to Larger S&P 500…

NEW YORK, September 23, 2021 / PRNewswire / - Laurel Road, a KeyBank digital banking platform providing specialty offerings for healthcare professionals and businesses, today unveiled the Laurel Road Checking account and mobile app,…

Lufax Holding Ltd (NYSE: LU) shares have received an average “Buy” recommendation from the thirteen research companies that currently cover the company, reports MarketBeat.com. One analyst rated the stock with a sell recommendation, four…

DailyPay Inc., a payroll service provider, has hired a compliance officer in the person of Jane Levine, who most recently worked at Sotheby's.Levine is in a new New York-based role and will report to CEO Jason Lee. She was previously Chief…

Earlier this month, India unveiled the Account Aggregator (AA) network with eight of India's largest banks participating in the network, marking the first step towards establishing an open bank in India.AA service is available for…

If you don't live under a proverbial rock, you might know that recently Ola Electric has been selling their scooters like hot cakes. And for a while, they had stopped selling because of technical issues on their website. The company sold…

Equity research analysts predict that Texas Capital Bancshares, Inc. (NASDAQ: TCBI) will bring in $ 222.41 million in sales for the current fiscal quarter, reports Zacks Investment Research. Seven analysts provided earnings estimates for…

New York, NY, September 09, 2021 (GLOBE NEWSWIRE) - ComplyAdvantage, a global data technology company transforming financial crime detection, today announced that its ComplyAdvantage app is available through Finastra's FusionStore. The…

Wall Street brokerages expect Cathay General Bancorp (NASDAQ: CATY) to report earnings per share of $ 0.91 for the current quarter, according to Zacks. Three analysts have estimated Cathay General Bancorp's earnings. The highest EPS…

NEW YORK, August 6, 2021 / PRNewswire / - Allianz Real Estate, acting on behalf of several Allianz group companies, has completed a $ 234 million loan investment for a joint venture between the Nuveen US Cities Office Fund and a third-party…

President Joe Biden (Photo by Drew Angerer / Getty Images) Getty Images A bill of rights for student loan borrowers may come up in your state. Here's what you need to know - and what it means for your student…

In A decade of digital transformation in 12 months, 46 C-suite executives spoke to PYMNTS for their Q2 eBook on What The World Will Look Like As The Recovery Continues And The Next Iteration Of Normal Deployment. In this excerpt, Mark…

Mortgages might not be seen as sexy, but it's big business. If you've recently refinanced or bought a home digitally, you might not have noticed that the company is powering the software behind it, but tthere is a good chance that the…

Piramal Capital & Housing Finance (PCHFL), a deposit-free housing finance company of the Piramal group, comes out with a guaranteed issue of NCD (non-convertible debentures) of ₹ 200 crore with an option to keep an oversubscription of…

Shares of Hilltop Holdings Inc. (NYSE: HTH) have received an average rating of “Hold” from the seven rating companies that cover the company, MarketBeat reports. Four equity research analysts rated the stock with a hold recommendation…

The digital payments and financial services platform Paytm on Monday announced the launch of Postpaid Mini, small loans that will give users the ability to access loans ranging from Rs 250 to Rs 1,000, in partnership with Aditya…

In an interview with BW Businessworld, Arvind Nahata, CBO and Co-Founder, Decimal Technologies shares his thoughts on the future of banking, financial services, cloud lending market, fintech industry, tech AI and ML and more. Extracts:…

In Africa, are you really a loan app if your goal isn't to become a digital bank? Well, FairMoney definitely passes this test. Last week, FairMoney announced a $ 42 million Series B round. The investment comes after FairMoney raised $…

The numbers were a mixed bag. According to a REDD Intelligence analysis, of the more than 4,300 distressed debtors who were subject to the 2016 corporate insolvency law, 48% were liquidated, half of them in less than 314…