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Predatory lenders make money from rising gas and food prices RBI mulls ways to improve access to credit for MSME sector Microfinance startups leverage AI to democratize access to credit On The Money – Hot labor market remains strong thanks to Fed hikes The average card interest rate exceeds 20%; Inflation destroys personal budgets

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Predatory lenders make money from rising gas and food prices

9 hours ago Anthony L. McKay
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RBI mulls ways to improve access to credit for MSME sector

13 hours ago Anthony L. McKay
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Microfinance startups leverage AI to democratize access to credit

19 hours ago Anthony L. McKay
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On The Money – Hot labor market remains strong thanks to Fed hikes

1 day ago Anthony L. McKay
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The average card interest rate exceeds 20%; Inflation destroys personal budgets

1 day ago Anthony L. McKay

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Predatory lenders make money from rising gas and food prices

9 hours ago Anthony L. McKay
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RBI mulls ways to improve access to credit for MSME sector

13 hours ago Anthony L. McKay

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  • Money

Predatory lenders make money from rising gas and food prices

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RBI mulls ways to improve access to credit for MSME sector

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Microfinance startups leverage AI to democratize access to credit

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On The Money – Hot labor market remains strong thanks to Fed hikes

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The average card interest rate exceeds 20%; Inflation destroys personal budgets

Featured Story

  • Money

Predatory lenders make money from rising gas and food prices

9 hours ago Anthony L. McKay
  • Credit

RBI mulls ways to improve access to credit for MSME sector

13 hours ago Anthony L. McKay
  • Leverage

Microfinance startups leverage AI to democratize access to credit

19 hours ago Anthony L. McKay
  • Money

On The Money – Hot labor market remains strong thanks to Fed hikes

1 day ago Anthony L. McKay
  • Credit

The average card interest rate exceeds 20%; Inflation destroys personal budgets

1 day ago Anthony L. McKay
  • Credit

The disbursement of credits is accelerating until the end of the year

3 months ago Anthony L. McKay

Credit growth of all listed banks increased by 8.42% year-on-year (year-on-year) as of March 11, 2022, compared to growth of...

  • Banking

Open banking makes the MENA region an oasis of financial opportunities for investors

3 months ago Anthony L. McKay

Although the growing influence of the MENA region is widely known, it is not necessarily talked about to facilitate financial...

  • Leverage

Blockchain heavyweights leverage Swiss startups for growth

3 months ago Anthony L. McKay

Switzerland is anchoring the European and Middle Eastern expansion of one of the fastest growing cryptocurrency exchanges in the world....

  • Leverage

GajShield Infotech to Unveil Cybersecurity Roadmap to Leverage Vision and Market Strategy

3 months ago Anthony L. McKay

Previous story: British Council offers PG scholarships for Indian students and educators for 2022-23 GajShield Infotech to Unveil Cybersecurity Roadmap...

  • Money

Your brain is stopping you from saving money – but technology can help

3 months ago Anthony L. McKay

New banking technologies trump psychology, turning spenders into successful accidental savers. Psychological traits impact saving ability, but the role they...

  • Credit

Fintech update: Banks and credit unions are entering into more partnerships

3 months ago Anthony L. McKay

Several banks have announced new partnerships with fintech companies as they seek to advance their digital transformations. New Jersey-based Cross...

  • Leverage

Throw caution to the wind and leverage an even weight strategy

3 months ago Anthony L. McKay

A Inflation and geopolitical tensions in Ukraine are causing market volatility that might scare off most investors, but for traders...

  • Money

Barclays ‘determined’ to pump more money into renewables as war rages on

3 months ago Anthony L. McKay

Breadcrumb Links PMN Company Author of the article: Bloomberg News Alastair Swamp Publication date : March 23, 2022 • 11...

  • Banking

Report: Apple acquires UK banking startup Credit Kudos

3 months ago Anthony L. McKay

Apple has acquired British banking startup Credit Kudos, according to reports. The move could pave the way for Apple Card...

  • Credit

Promoter’s Federal Credit Union Lending Center Celebration

3 months ago Anthony L. McKay

Promoter Federal Credit Union will celebrate its new Lending Center in Nutley, located at 173 Bloomfield Avenue, the former site...

  • Leverage

GajShield Infotech to Unveil Cybersecurity Roadmap to Leverage Vision and Market Strategy – CRN

3 months ago Anthony L. McKay

Read the article GajShield Infotech, is a global cybersecurity pioneer whose deep threat intelligence and security expertise has consistently translated...

  • Money

Musicians United for Change concert raises funds for the Rocky Mountain Food Bank

3 months ago Anthony L. McKay

One in eight Colorado residents faces food insecurity, according to Feeding Colorado. This means that almost 700,000 of our neighbours,...

  • Credit

First Alliance Credit Union is committed to making its members the top priority

3 months ago Anthony L. McKay

Lisett Comai-Legrand said the kiosks not only allow for more efficient, contactless transactions, but they also give staff more time...

  • Banking

CIBC adds small business loans and advisory services to business banking

3 months ago Anthony L. McKay

CIBC has formed a new junior lending and advisory team within its U.S. commercial banking group, marking the 17and specialized...

  • Money

Banks investors $15 million from Magellan’s short circuit

3 months ago Anthony L. McKay

A Sydney investment firm has gained $15million from shorting shares in struggling fund manager Magellan, after its share price and...

  • Leverage

Making full use of economic options against Putin

3 months ago Anthony L. McKay

The military options for the United States and NATO in Ukraine are complicated. But the economic options are not: all...

  • Leverage

Restaurants and grocers leverage inflation tech

3 months ago Anthony L. McKay

In food retail today, American Express subsidizes historic restaurants, and PYMNTS data reveals how consumers' payment habits are changing as...

  • Leverage

Corporate cash flow and lower debt come up against tougher M&A antitrust regime

3 months ago Anthony L. McKay

Data (as of 03/09/22): Gordon Dyal & Co, Capital IQ; Graphic: Will Chase/AxiosWith levels of leverage fall, large companies are...

  • Leverage

Leverage Edu Fund: Leverage Edu Raises $22M, Plans to Expand in India and Abroad

3 months ago Anthony L. McKay

Bengaluru: Global study abroad platform Leverage Edu announced on Monday that it has raised $22 million in a new funding...

  • Money

Insigneo Welcomes New Head of Investment Products | Your money

3 months ago Anthony L. McKay

MIAMI--(BUSINESS WIRE)--March 21, 2022--Badgeothe Miami-based independent broker and registered investment advisory firm, has appointed a new head of investment products,...

  • Credit

How the Firstmonie Agent Credit Program Improves Wealth Creation and Financial Inclusion

3 months ago Anthony L. McKay

Around the world, evidence has shown that access to financial services contributes to both economic growth and wealth creation, and...

  • Money

Deferred Tax Refunds: 8 Reasons Your IRS Money Could Be Late

3 months ago Anthony L. McKay

Simple mistakes on your tax return can cause a long delay. Sarah Tew/CNET This story is part Taxes 2022CNET's coverage...

  • Credit

FIA intervenes after commercial banks refuse to extend credit limits to WTOs and refineries

3 months ago Anthony L. McKay

ISLAMABAD: After commercial banks showed their reluctance to extend credit to Petroleum Marketing Companies (OMC) and refineries, the Federal Investigation...

  • Money

G-Money promotion winners rewarded – BusinessGhana

3 months ago Anthony L. McKay

GCB Bank Plc rewarded 56 people in its third monthly draw for their sponsorship and loyalty to G-Money's 'Win like...

  • Leverage

Indigenous banks urged to leverage technology to reduce unbanked population – UMB CEO

3 months ago Anthony L. McKay

Local banks are urged to leverage technology to reduce the number of unbanked Ghanaians in the system. According to Universal...

  • Money

Former Commons Speaker John Bercow has demanded taxpayers’ money to furlough his wife despite having £400,000 in the bank

3 months ago Anthony L. McKay

FORMER Commons Speaker John Bercow used taxpayers' money to furlough his wife during the pandemic - despite the company having...

  • Credit

Credit companies will remove stains from repaid medical debts

3 months ago Anthony L. McKay

Equifax, Experian and TransUnion — the giant credit-reporting companies that each maintain records on about 200 million Americans — said...

  • Credit

South African credit bureau TransUnion server hacked

3 months ago Anthony L. McKay

Cape Town — TransUnion has confirmed that a third-party criminal gained access to its South African server by misusing the...

  • Money

Mississippi man pleads guilty to bank fraud and money laundering conspiracies | USAO-EDLA

3 months ago Anthony L. McKay

NEW ORLEANS – RYAN P. MULLEN41, of Jayess, Mississippi, pleaded guilty on March 16, 2022, to one count of conspiracy...

  • Credit

Equifax, Experian and TransUnion to erase billions in medical debt from credit reports this summer

3 months ago Anthony L. McKay

courtneyk/Getty Images/iStockphoto Medical debt has long played an important role in credit reporting, but concerns about medical debt collection and...

  • Banking

Huntington poaches the head of retail banking from Truist

3 months ago Anthony L. McKay

Charlotte, North Carolina Truist promotes its Chief Digital Officer, donta Wilson, to become its head of retail and community banking...

  • Banking

EastWest Banking Corp. records lower net profit in 2021

3 months ago Anthony L. McKay

An EastWest Bank branch in Bonifacio Global City. PHOTO BY AARON RONQUILLO DECREASE in lending levels, a credit card rate...

  • Banking

The state of digital transformation in banking

3 months ago Anthony L. McKay

By John Manninginternational banker ONavigating through a global pandemic over the past two years has highlighted some goals for the...

  • Money

5 Movies That Can Teach You Important Money Lessons

3 months ago Anthony L. McKay

Learning to manage our money can be as easy as going to the movies.Over the decades, the ups and downs...

  • Credit

Tomo Credit Card Review 2022: No Credit Checks – What You Need To Know

3 months ago Anthony L. McKay

GOBanking Rates Score Quick take: The Tomo credit card is one of the few credit cards that does not require...

  • Leverage

The firm size-leverage relationship and its implications for firm entry and concentration

3 months ago Anthony L. McKay

Work document March 2022 WP 22-07 – Larger companies...

  • Banking

Cambridge Wilkinson Investment Banking completes $80 million credit facility for multi-family real estate development

3 months ago Anthony L. McKay

NEW YORK, March 14, 2022 /PRNewswire/ -- Cambridge Wilkinson ("CW") is pleased to announce the closing of an $80 million...

  • Money

Man robbed after withdrawing cash from bank

3 months ago Anthony L. McKay

Having three extra eyes to go to the bank has become a necessity. More and more people are coming with...

  • Credit

B2B credit platform Perfios adds FinTech Karza

3 months ago Anthony L. McKay

Software-as-a-service (SaaS) company Perfios has acquired FinTech platform Karza Technologies for an undisclosed amount, two weeks after Perfios raised $100...

  • Money

Mahila Money will launch a prepaid card to support women entrepreneurs

3 months ago Anthony L. McKay

NEW DELHI: Mahila Money, Visa and Transcorp have partnered to launch the Mahila Money Prepaid Card, a product aimed at...

  • Leverage

Plaid and Green Dot Leverage Open Funding to Help Customers Access Their Money

3 months ago Anthony L. McKay

Crowdfunding firm Plaid and financial management solutions provider Green Dot entered into a partnership this week.Green Dot will help its...

  • Banking

Fintechs call for open banking body to be ‘armed’ and simplified as CMA mulls its future

3 months ago Anthony L. McKay

Wednesday, March 16, 2022 6:15 a.m. Charlotte Crosswell, patron of the Open Banking Implementation Entity (OBIE) Fintech firms have called...

  • Credit

HDFC Bank post-embargo plans: all-in-one payment app, digital credit cards, do-it-yourself solution for merchants

3 months ago Anthony L. McKay

HDFC Bank will refurbish its PayZapp application and launch it as a full payment application called PayZapp 2.0 on the...

  • Leverage

Euronet stock offers undervalued leverage at normalization (NASDAQ:EEFT)

3 months ago Anthony L. McKay

Andrii Zastrojnov/iStock via Getty Images The omicron variant caused problems for many companies, and Euronet (NASDAQ:EEFT) was no exception, as...

  • Banking

Sarah Bloom Raskin steps down as Biden’s pick for top Fed banking regulator

3 months ago Anthony L. McKay

WASHINGTON — Sarah Bloom Raskin, President Biden's nominee to become the government's most powerful banking regulator, withdrew from consideration Tuesday,...

  • Money

Biden Fed candidate Sarah Bloom Raskin is stepping down, source says | Money

3 months ago Anthony L. McKay

As the United States sees consumer prices rise at a rate not seen in four decades, the Fed is poised...

  • Leverage

A link to Plaid enables Green Dot to leverage open banking for its new GO2bank – Digital Transactions mobile app

3 months ago Anthony L. McKay

Highlighting the rising profile of open banking in the financial lives of consumers, Green Dot Corp. announced on Tuesday that...

  • Banking

Investec launches Programmable Banking – here’s what it means for customers

3 months ago Anthony L. McKay

Financial services provider Investec has launched programmable banking services for corporate and private banking customers, giving them access to their...

  • Money

This Rs 6 lakh crore fund manager bought these shares amid market chaos in February

3 months ago Anthony L. McKay

The country's largest mutual fund, SBI Funds Management or SBI Mutual Fund, was on a buying spree amid the February...

  • Credit

Finllect launches the first alternative credit score for invisible credit in the MENA region

3 months ago Anthony L. McKay

Finllect has launched a credit revolution that allows consumers with limited or no credit to build a credit score through...

  • Banking

Market size of IoT in banking and financial services expected to reach USD 12.17 billion at a CAGR of 46.9%, by 2028 – The Bollywood Ticket

3 months ago Anthony L. McKay

The popularity of Cloud Computing and Internet of Things (IoT) will contribute to the growth of the market. Market size...

  • Money

How can I borrow money if I am self-employed?

3 months ago Anthony L. McKay

If you are self-employed, it is still possible to borrow money, but the loan application process can be a bit...

  • Credit

Nigeria: Rising inflation could hurt credit growth, warns DataPro

3 months ago Anthony L. McKay

The positive credit momentum seen at the start of the year could be interrupted by inflationary pressures around the world,...

  • Money

Rich Russians transfer money to Dubai

3 months ago Anthony L. McKay

Rich Russians are trying to move some of their wealth from Europe to Dubai because of the West punishmentssay financial...

  • Credit

ILCU says strict lending rules limit Louth credit unions to just 3% of mortgage market

3 months ago Anthony L. McKay

The Irish League of Credit Unions (ILCU) is calling for an urgent and thorough review of the regulatory restrictions on...

  • Banking

Are they really betting on Nate Sudfeld to save the season if necessary?

3 months ago Anthony L. McKay

While we wait for the 49ers to trade Jimmy Garoppolo – any day now, folks! — we're going to start...

  • Credit

Rising inflation could hurt credit growth, warns DataPro

3 months ago Anthony L. McKay

As GTCO says, rising prices will lead to higher rates JThe positive credit momentum seen at the start of the...

  • Money

Beyond Money Market Operations

3 months ago Anthony L. McKay

Does a business entity need interest-bearing savings accounts? The answer can be positive or negative depending on the situation. Business...

  • Money

Binance obtains a third money transfer license in the United States

3 months ago Anthony L. McKay

Binance.US, the US outpost of the world's largest crypto exchange, has secured its third US money transfer licenses. Following receipt...

  • Credit

Bank staff trained in loan portfolio management, other

3 months ago Anthony L. McKay

From Okwe Obi, Abuja In order to deepen the efficiency of the banking sector, some executives of NEXIM Bank have...

  • Money

Cash-strapped Afghan embassy to close, US says

3 months ago Anthony L. McKay

WASHINGTON — Without the backing of a recognized government or the money to keep the lights on, the Afghan embassy...

  • Leverage

Itau Unibanco: underestimated leverage for higher rates and strong loan demand (ITUB)

4 months ago Anthony L. McKay

zxvisual/E+ via Getty Images We are going through interesting times for the global economy, with many countries already seeing challenges...

  • Credit

Meriwest Credit Union donates $12,500 to Children’s Miracle

4 months ago Anthony L. McKay

SAN JOSE, Calif., March 11, 2022 (GLOBE NEWSWIRE) -- Meriwest Credit Union has been selected by its partner, Elan, a...

  • Banking

Financial Services Regulation and Compliance – Bank February 2022

4 months ago Anthony L. McKay

National New AML regulations to establish a central database of bank accounts and safe deposit boxes On February 3, 2022,...

  • Money

Today’s Mortgage Rates Rise Again | March 11, 2022

4 months ago Anthony L. McKay

Today, average mortgage rates are higher for almost all types of loans. Homebuyers looking for a 30-year fixed rate mortgage...

  • Banking

Upcoming UAE Instant Payments Platform Brings Real-Time Benefits to Banks

4 months ago Anthony L. McKay

The trend towards real-time digital payments in the UAE is expected to accelerate this year with the introduction of a...

  • Credit

Mercer County Credit Union Expands Charter – Business Journal Daily

4 months ago Anthony L. McKay

SHARON, Pa. – Mercer County Community Federal Credit Union saw growth and upgrades in 2021 and expects greater expansion in...

  • Banking

Innovation in Canadian fintech and transformation of the banking model

4 months ago Anthony L. McKay

In 2022, traditional financial institutions are prioritizing catering to their tech-savvy customers, huge investment rounds are driving fintech innovation, and...

  • Banking

Lloyds Banking Group Stock: Cloud Winds Earnings Outlook (NYSE: LYG)

4 months ago Anthony L. McKay

yujie chen/iStock Editorial via Getty Images Lloyds banking group (NYSE: LYG) will face further headwinds from weaker economic growth and...

  • Money

State Audit Reveals Former Springfield and Xenia Schools Employee Spent Money Badly

4 months ago Anthony L. McKay

Stoll could not be reached for comment on Thursday.Stoll was employed as Springfield's athletic director for several years and was...

  • Credit

connectFirst Credit Union Celebrates Record Year 2021: Announces Best Financial Performance in 83-Year History

4 months ago Anthony L. McKay

CALGARY, Alta., March 10, 2022 /CNW/ - After inviting Albertans to come bank where they belong and pledging to find...

  • Banking

Tot launches its digital banking platform

4 months ago Anthony L. McKay

Tot, an Italy-based fintech, has announced its market debut. Tot specializes in micro-enterprises, due to the role these companies play...

  • Money

Letter of the day | The cost of pretty money | Letters

4 months ago Anthony L. McKay

THE EDITOR, Madam: I am often confused about government priorities and direction. Finance Minister Dr. Nigel Clarke announced in his...

  • Credit

People’s Bank is hiring an EVP/Chief Credit Officer | News

4 months ago Anthony L. McKay

MEDFORD, Ore.--(BUSINESS WIRE)--March 9, 2022--People's Bank of Commerce is pleased to announce the recent hire of William (Bill) Whalen as...

  • Money

Indel Money in talks with private equity investors to raise Rs400 crore

4 months ago Anthony L. McKay

Bombay : Non-bank gold lender Indel Money aims to double its gold loan portfolio to ₹700 crore in the current...

  • Banking

Tester: Libor Fix Legislation is in Must-Pass Spending Bill

4 months ago Anthony L. McKay

A bipartisan bill, championed by the ABA, to fix 'legacy-hard' Libor contracts is included in the omnibus spending bill Congress...

  • Leverage

CAPITAL TRUST TO USE CAPITAL DIGITAL LOANS TO DRIVE PROFITABLE GROWTH

4 months ago Anthony L. McKay

- Capital's digital loan portfolio recorded substantial growth of Rs. 2 crore to March 19 at Rs.147 crore in February...

  • Credit

China’s monetary policy geared towards overall stability and credit easing

4 months ago Anthony L. McKay

Following the Russian invasion of Ukraine, a series of sanctions were imposed on Russia. These sanctions target banks, military exports...

  • Leverage

Capgemini: How to leverage data for a granular view of operational risk

4 months ago Anthony L. McKay

We are in a period of upheaval and never has so much pressure been exerted on the risk functions to...

  • Leverage

SMBs can leverage technology to thrive – Experts

4 months ago Anthony L. McKay

For Nigeria to become a major player in the African Continental Free Trade Agreement (AfCFTA) initiative, and globally, the government...

  • Money

BoG Warns Public About Money Doubling Scheme Called “BitCash Currency Exchange”

4 months ago Anthony L. McKay

The Bank of Ghana is warning the public against a money doubling scheme that operates under the name "BitCash Currency...

  • Credit

Seven credit unions in five states appoint new CEOs

4 months ago Anthony L. McKay

Source: Shutterstock. Jeremiah Kossen will become chairman and CEO of the $1.3 billion federal Publix Employees credit union on March...

  • Banking

NCR buys intellectual property for Open Banking

4 months ago Anthony L. McKay

NCR Corporation, a global enterprise technology provider, has purchased FinTech intellectual property for open banking from Canadian company Spoke Technologies,...

  • Banking

Solar Integrated Roofing Corp. (OTC PINK: SIRC) engages an investment banking firm to introduce SIRC to potential acquisition targets as well as accredited investors, analysts and brokers; SIRC is seeking exposure to the International Monetary Investor Network

4 months ago Anthony L. McKay

Solar Integrated Roofing Corp. (PINK OTC: SIRC) yesterday retained International Monetary (IM), an investment banking and strategic advisory firm, for...

  • Money

Spend and get money back with ALIZZ Islamic Bank credit cards

4 months ago Anthony L. McKay

Muscat: Alizz Islamic Bank continues to provide its customers with exciting Shariah-compliant offers and services through its ongoing credit card...

  • Leverage

5 Ways Businesses Can Leverage Digital Payments to Boost Their Business in a Post-Covid Environment I Digital Banking Firm DNBC

4 months ago Anthony L. McKay

LONDON--(BUSINESS WIRE)--Global demand for digital payments has exploded. The dramatic increase in contactless payments around the world presents an opportunity...

  • Leverage

Leverage ratio: formula and 9 variants

4 months ago Anthony L. McKay

ijeab/iStock via Getty ImagesWhat is a leverage ratio A leverage ratio is a corporate finance term that refers to one...

  • Credit

Israeli Bank Hapoalim’s fourth quarter earnings, credit growth surges

4 months ago Anthony L. McKay

A branch of Bank Hapoalim is seen in Tel Aviv, Israel November 22, 2021. REUTERS/Corinna KernJoin now for FREE unlimited...

  • Leverage

MLB lockdown: Owners have tried to use the calendar as leverage, but time may soon be on the players’ side

4 months ago Anthony L. McKay

Last week, Major League Baseball commissioner Rob Manfred canceled the first two regular-season series after owners and the MLB Players...

  • Banking

betting on empowered women for economic rejuvenation – The Island

4 months ago Anthony L. McKay

By Aruni Goonetilleke, Chairman of Hatton National Bank One of the most famous women in history once said, "In crisis...

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Recent Posts

  • Predatory lenders make money from rising gas and food prices

  • RBI mulls ways to improve access to credit for MSME sector

  • Microfinance startups leverage AI to democratize access to credit

  • On The Money – Hot labor market remains strong thanks to Fed hikes

  • The average card interest rate exceeds 20%; Inflation destroys personal budgets

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  • Money

Predatory lenders make money from rising gas and food prices

9 hours ago Anthony L. McKay
  • Credit

RBI mulls ways to improve access to credit for MSME sector

13 hours ago Anthony L. McKay
  • Leverage

Microfinance startups leverage AI to democratize access to credit

19 hours ago Anthony L. McKay
  • Money

On The Money – Hot labor market remains strong thanks to Fed hikes

1 day ago Anthony L. McKay
  • Credit

The average card interest rate exceeds 20%; Inflation destroys personal budgets

1 day ago Anthony L. McKay
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