Citigroup faces $25M fine due to violating Lending Rules

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Due to series of reports of customers and investigations conducted by the U.S. Office of the Comptroller of the Currency (OCC), Citigroup was fined...

Young Chinese Fuels the Country’s Online Retail Trade

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Chinese millennials in the country are using mobile apps to trade stocks, according to a report. China already has the largest online retail securities market...

Survey: Nearly Half of Americans Don’t Make Home Inventory List

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Nearly half of US residents have never created a home inventory list, a survey by Farmers Insurance found. According to the insurer's data, around 44%...

ZestFinance to Use Artificial Intelligence in Lending Process

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ZestFinance has recently announced its new technology, ZAML Fair. This new software launched by the company makes use of artificial intelligence (AI) to help...

CBA: Unpaid e-Toll Bills Will Not Hurt Credit Scores

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The South African Credit Bureau Agency (CBA) announced recently that unpaid e-tolls will not have any impact on people’s credit scores, according to The...

Singapore’s InstaReM Raises $59.5M Fund for Asia Expansion

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Now considered as Southeast Asia’s top-funded Fintech startups, Instarem announced last March 19 the close of over $41M series C funding led by Vertex...