LATEST NEWS

HNA Group Reveals It is Slated to Receive Strategic Investment

HNA Group Hainan Airlines Reveals It is Slated to Receive $5.9B

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Chinese conglomerate HNA Group is slated to receive a strategic investment of 38 billion yuan, approximately $5.9 billion after it had taken steps to...
Program for an Electric Vehicle Tax Credit for Union-Built Vehicles

Program for an Electric Vehicle Tax Credit for Union-Built Vehicles Faces Obstacle

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House Democrats' plan to provide customers with an additional option to encourage union-built vehicles has sparked controversy and discussion among legislators, manufacturers, and other...
International Monetary Fund to Use Lending Curbs to Cool Housing.jpeg

The International Monetary Fund Urges Australia to Use Lending Curbs to Cool Housing

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The International Monetary Fund said Australia should use lending restrictions to cool a sweltering property market, while also lowering its growth projection for 2021...
Evergrande Used Financial Investments

Evergrande Used Financial Investments to Fund Gaps

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China Evergrande Group, a cash-strapped company, has begun repaying investors in its financial products with real estate investments, according to a unit of its...
Threat To Europe Luxury Industry

China Wealth Redistribution Plan Poses Threat To Europe Luxury Industry

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The economy of China is recovering irregularly, and the country's efforts for wealth redistribution pose threat to disrupt the growing luxury industry in Europe....
Commonwealth Bank of Australia Admits to Insurance Fraud

Commonwealth Bank of Australia Admits to Insurance Fraud, Hit with Criminal Charges

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The Commonwealth Bank of Australia (CBA) announced that it will plead guilty to selling junk consumer credit insurance to customers from 2011 to 2015....
Xendit Has Raised Million in New Investment

Xendit Has Raised $150 Million in New Investment

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Financial technology and payments start-up Xendit has secured $150 million in a Series C investment round in Jakarta, raising its worth to around $1...
Universal Credit Human Rights Legislation

The Reduction in Universal Credit Violates Human Rights Legislation

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According to the UN's poverty expert, reducing universal credit by £20 per week is an "unjustifiable" decision that violates human rights law and would...
ME Bank Criminal Charges Due To Home Loan Notices

ME Bank Receives Criminal Charges Due To Home Loan Notices

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ME Bank, a subsidiary of Bank of Queensland, faces a total of 62 criminal charges concerning home loan clients’ annual interest rates and minimum...
Williams-Sonoma Key Rewards Credit Card Program

Williams-Sonoma and Capital One Introduce The Key Rewards Credit Card Program

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Williams-Sonoma, Inc., a leading American home retail company, revealed that it has partnered with bank holding company Capital One to introduce the Key Rewards...
California Wildfire Insurance Policy Poses Difficulties

California Wildfire Insurance Policy Poses Difficulties To Property Owners

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The California wildfire that occur repeatedly drive several property owners in fire-prone zones to pay increased insurance premiums. Insurers are becoming more hesitant to renew...
Paytm Money Investment Advisory Marketplace

Paytm Money Partners With WealthDesk For Investment Advisory Marketplace

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Paytm, an Indian tech company for digital payments, e-commerce, and financial services, has recently reported that Paytm Money is introducing an investment and wealth...
Intel Plans to Invest in Chip-Making Business

Intel Plans to Invest $95B in the EU Chip-Making Business

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Popular semiconductor maker Intel announced Tuesday, September 7, 2021, that it plans to invest up to 80 billion euros or approximately $95 billion in...
Community Reinvenstment Act Undergo Reform Against Racial Discrimination

Community Reinvenstment Act To Undergo Reform Against Racial Discrimination In Lending

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Regulators have a plan to reform the Community Reinvestment Act (CRA), a civil rights law in the United States designed to combat racial discrimination...
Federal Bank Credit Cards In Partnership With Visa

Federal Bank Introduces Credit Cards In Partnership With Visa

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Federal Bank has announced the introduction of its credit card in India. To offer credit cards to its current clients, the private banking company...
Headway Wealth Assists For Financial Planning

Headway Wealth Assists British Nationals For Financial Planning

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A new wealth management firm, Headway Wealth, has been established. It allows British nationals residing in the UK and expats worldwide to engage in...
Shepherd Insurance Gains Fund For Construction Industry

Shepherd Insurance Gains $6.15 Million Fund For Construction Industry

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Shepherd Insurance, a construction-focused insurtech firm, has raised $6.15 million in a seed round sponsored by Spark Capital. Shepherd's newest financing update comes after...
Milo Fintech Lender Unveils New Broker Channel

Milo Fintech Lender Unveils New Broker Channel For International Clients

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Fintech Milo, a company offering international clients direct lending mortgage options, has unveiled a new broker unit for wholesale mortgage partners across the U.S. With...
NoRedInk Secures Series B Funding Round

NoRedInk Secures $50 Million In Series B Funding Round

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NoRedInk has recently revealed that it was able to secure $50 million during the Series B round. Its digital writing program, which combines adaptive...
People Still Waiting on Student Loan Refunds

11K People Still Waiting on Student Loan Refunds

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The Education Department revealed that approximately 11,000 people are still waiting on their respective student loan refunds. The news comes around five months after...
HSBC Holdings Acquires AXA Singapore

HSBC Holdings Acquires AXA Singapore To Expand Wealth Business In Asia

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HSBC Holdings has reported about its purchase of AXA Singapore for $575 million. This move is part of its goal to establish a global...
Dopay Receives Banking Agent Licence

Dopay Receives Banking Agent Licence From Bank ABC in Egypt

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Following the acquisition of a banking agent license in Egypt, Dopay aims to introduce a high-performance platform for virtual banking are on schedule. The...
Wells Fargo Personal Credit Lines Closure Plan

Wells Fargo Drops Personal Credit Lines Closure Plan

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Wells Fargo & Co. sparked a public outcry when it announced plans to phase down personal lines of credit in July, but the firm...
Scottish Illegal Money Lending Unit Combat Illegal Lenders

Scottish Illegal Money Lending Unit Creates Website To Combat Illegal Lenders

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The Scottish Illegal Money Lending Unit (SIMLU) has set up a new tailored advice website to assist Scottish people having a hard time dealing...
LetUs and APOLLO Insurance Offer Fully Integrated Insurance

LetUs and APOLLO Insurance Teamed Together to Offer Fully Integrated Insurance

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APOLLO Insurance, Canada's leading global insurance company, has teamed with LetUs by RentMoola to provide tenants and landlords with quick access to digital insurance...
Donald Trump Receives Wealth Order Over Golf Courses Purchase

Donald Trump Receives Unexplained Wealth Order Over Golf Courses Purchase

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The Scottish court has approved the judicial review of the Government's rejection to investigate the unexplained wealth of former President Donald Trump, amid continued...
Canopy Series A Funding

Fast Growing Startup Canopy Enjoys $15M in Series A Funding

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Just recently tech startup Canopy has finalized Series A fundraising amounting to $15 million. Canopy’s chief product is software that is used by financial institutions....
Globant Launch Digital Lending Studio

Globant Announces The Launch of Digital Lending Studio

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Globant, an IT and software development service provider, recently revealed the opening of their Digital Lending Studio, which will assist lenders in reinventing the...
Credit Cards Dark Web Data Leak

Hackers Leak 1M Credit Cards on the Dark Web

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One million stolen credit cards have been posted by hackers on the Dark Web through AllWorld.Cards. The act was reportedly done by cybercriminals in...
Venmo Entering the Crypto Game

Venmo Entering the Crypto Game with Cashback Buying Option

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PayPal subsidiary Venmo now allows cryptocurrency purchases through the use of cashback. The announcement came on Tuesday, August 10, 2021, stating that users are...