Financial services

Financial services can reduce costs through digital transformation

According The Reset: Accelerating the Business Value of Technology in Financial Services report, finance organizations can leverage the true value that modern technology platforms can deliver in three critical ways: start with the customer and keep an eye on value, develop workers, and drive transparency with leadership. Here’s how. Start with the customer and keep […]

Financial services

DotPe raises $58 million to add financial services

Indian Offline to Online Commerce Platform PointPe reportedly raised $58 million in a Series B round and said it plans to add B2B financial services to its offerings. The company also said it plans to use the new investment to triple the number of merchants using the platform over the next two to three years, […]

Financial services

DotPe Raises $58M in Series B, Plans to Enter Financial Services

DotPe, a technology-enabled multi-channel e-commerce platform for large and midsize merchants, raised $58m in Series B funding led by Temasek. The round saw participation from existing investors PayU, Prosus’ payments and fintech business InfoEdge Ventures. New players included Mitsubishi and Naya Capital. The company currently serves more than 7.5 million brands, including McDonald’s, 24 […]

Financial services

Why Customer Experience in Financial Services is the New Differentiator

By Sandro Tarchini, Global Industry Leader, Financial Services at Valtech Over the past few years, the banking industry has faced severe disruptions that have dramatically accelerated digital transformation across the entire banking industry. Catalyzed by the Covid-19 pandemic, the transformation has irreversibly changed banking as we know it. Previously, banks attracted new customers through their […]

Financial services

Keynote Financial Services Ltd tops Group ‘B’ losers

Tarapur Transformers Ltd, Meera Industries Ltd, Menon Bearings Ltd and Rushil Decor Ltd are among the other BSE Group ‘B’ losers today, 16 September 2022. Tarapur Transformers Ltd, Meera Industries Ltd, Menon Bearings Ltd and Rushil Decor Ltd are among the other BSE Group ‘B’ losers today, 16 September 2022. Keynote Financial […]

Financial services

Singapore Financial Services Sector Transformation Map 2025 will create up to 4,000 jobs per year

The updated roadmap will also include a S$400 million fund to build workforce skills in growth areas, develop leaders through international exposure, and more. that of Singapore Deputy Prime Minister and Minister of Finance and Deputy Chairman of the Monetary Authority of Singapore (MAS) Lawrence Wonglaunched on Thursday, September 15, 2025 the Financial Services Industry […]

Financial services

How Financial Services Firms Can Avoid Fraud

In this article, we’ll look at why financial fraud is on the rise and discuss how businesses in the financial industry can protect themselves with in-depth due diligence tools, including a review of their credit history and criminal risk. existing and potential customers. Financial fraud increases in 2022 Over the past decade or so, we’ve […]

Financial services

UK’s digital financial services set it apart in Europe

The UK is a global financial services hub and home to some of the most advanced and innovative fintech companies in the world. The country stands out as Europe’s most attractive location for international investment, securing over $9 billion in investment in the first half of 2022, well ahead of Germany, Europe’s second largest fintech […]

Financial services

Motilal Oswal Financial Services acquires preferred shares of StockPe

Motilal Oswal Financial Services (MOFSL) has subscribed for 1,164 fully paid Compulsory Convertible Cumulative Preference Shares (CCPS) with a nominal value of Rs. 10/- each of Stock (StockPe) for consideration of Rs. % of issued and paid-up capital of StockPe in the first tranche, out of the total commitment of ~Rs. 2 […]

Financial services

DFPI Reports $214.2 Billion in Commercial Lending in 2021 – Financial Services

September 14, 2022 Allen Matkins Leck Gamble Mallory & Natsis LLP To print this article, all you need to do is be registered or log in to Mondaq.com. The California Department of Financial Protection and Innovation recently released its 2021 Annual Report on the Operations of PACE Lenders, Brokers, and Administrators Licensed under […]

Financial services

Alibaba Cloud Unveils Financial Services Solutions – Back End News

Alibaba Cloud, the digital technology and intelligence backbone of the Alibaba Group, recently launched its suite of Alibaba Cloud solutions for financial services, comprising more than 70 products designed to help financial services institutions (FSIs) of all sizes in banking, insurance, securities and fintech. digitize their operations. “Our new solutions have been designed in response […]

Financial services

Financial services industry is modernizing apps to deliver secure digital experiences

🔊 Listen to this article F5 has announced the availability of its 2022 State of Enforcement Strategy Report – Financial Services Edition. This year’s report outlines the strategies adopted by financial services organizations in digital transformation with a focus on improving the customer experience. Financial services organizations – from banks and payment processors to insurers […]

Financial services

Business people: Heather Robison, Susan Dick Financial Services LLC | Businessmen

HEATHER ROBISON NAMED TO FORBES LIST OF TOP NEXT GENERATION WEALTH ADVISORS Bartlesville, OK – Heather Robison, financial advisor and professional CERTIFIED FINANCIAL PLANNER ®, of Susan Dick Financial Services LLC, located at 330 S Johnstone Avenue, was among Raymond James-affiliated advisors named to the Forbes list of New Brunswick’s Top Wealth Advisors. generation in […]

Financial services

Digitized financial services to support 89,000 young people in three countries, including Cambodia, courtesy of Silatech

Silatech, in collaboration with Gojo & Company (Gojo), has launched a new project that offers digitized financial services to 89,600 young people in Cambodia, India and Sri Lanka to start and maintain their income-generating businesses. The “Digital Financial Inclusion for Youth Economic Empowerment” project was launched on the sidelines of the third celebration of the […]

Financial services

AlphaSense, Cross Match Technologies, Coinbase, Fujitsu – InsuranceNewsNet

New Jersey, United States — (SBWIRE) — 09/10/2022 — The latest published study on the global digital transformation of the banking, financial services and insurance market by WADA Research assesses the market size, trend and forecast to 2027. The Digital Transformation in Banking, Financial Services and Insurance market study covers significant research data and proves […]

Financial services

Kippa raises $8.4m to deepen SMS financial services – TechEconomy Nigeria

Financial management and payments platform, Kippa, said it raised $8.4 million in a new round of funding with the aim of building financial services that will help SMEs. The start-up offers digital business and financial management solutions to small and medium-sized enterprises (SMEs) in Nigeria. Although tens of millions of Africans have gone online over […]

Financial services

Troutman Pepper Consumer Financial Services Weekly Bulletin – September 2022 | Troutman pepper

To help you keep abreast of relevant activities, below is a breakdown of some of the biggest federal and state level events impacting the consumer financial services industry in the past week: Federal activities State activities Federal activities: On September 1, the Consumer Financial Protection Bureau (CFPB) released the first in a series of reports […]

Financial services

SEBI bans Wishworth Financial Services from the securities market for 4 years

Sebi on Friday banned Wishworth Financial Services and their owners Pankaj Khanchandani and Dheeraj Kapoor from accessing securities markets for four years and ordered them to return money raised through unauthorized investment advisory services. A complaint filed on October 24, 2017 alleged that Wishworth offered financial investment plans with assured returns. Pursuant to receipt […]

Financial services

FDIC: Consumers also need to be aware of ESG concerns – Financial services

September 09, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. In many financial services sectors, environmental, social and governance (“ESG”) concerns are driving innovation, SEC disclosure requirements, and even risk and compliance assessments. However, first among prudential banking […]

Financial services

CIPACA partners with ImpactGuru.com to bring financial services to patients in rural areas, Health News, ET HealthWorld

Chennai: Emergency healthcare provider CIPACA has entered into a partnership with ImpactGuru.com to help patients living in rural areas avail financial services for their treatment, the company announced on Thursday. Chennai Interventional Pulmonology and Critical Care Associates (CIPACA) said the collaboration with the healthcare finance platform provider is in line with its mission to provide […]

Financial services

The Pegulas take a big step into financial services | Business premises

Terry Pegula is expanding his push into financial services. His company East Resources Acquisition Co. has reached a merger agreement with asset manager and life insurer Abacus Settlements and Longevity Market Assets. The acquisition is part of the Buffalo Bills and Sabers owners’ drive to expand their family’s investments and diversify their assets. Pegula made […]

Financial services

Braze Research Reveals Disconnect Between Financial Services Brands and Consumers | New

NEW YORK–(BUSINESS WIRE)–Sept. 7, 2022– Braze (Nasdaq: BRZE), the comprehensive customer engagement platform that powers interactions between consumers and the brands they love, today revealed the results of its latest industry data report, “Banking on the Customer Journey: 2022 Financial Services Insights”. The report provides guidance for financial services brands, particularly those that provide banking, […]

Financial services

3 WAYS FINANCIAL SERVICES CAN ENSURE SECURE COMMUNICATIONS

By Paul Holland, CEO and Founder of Beyond Encryption Organizations in the financial services industry face a huge challenge in ensuring the security of their data. As the amount of information these companies keep increases, it becomes increasingly difficult to secure it effectively. According to IBM, the financial sector on average has the second highest […]

Financial services

Motilal Oswal Financial Services announces the launch of the “RESEARCH 360” market research and analysis platform

Motilal Oswal Financial Services Limited (MOFSL) has announced the launch of ‘RESEARCH 360’ – a one-of-a-kind financial market research and analysis platform. This unique platform will act as a one-stop destination for investors and traders to conduct detailed fundamental and technical research that will help in making prudent investment or trading decisions in various segments […]

Financial services

Sanjay Malhotra, Secretary, Department of Financial Services, Ministry of Finance, Govt. of India visits Bank of Maharashtra

Pune (Maharashtra) [India]Sep 5 (ANI/PNN): Sanjay Malhotra, Secretary, DFS, Ministry of Finance visited Bank of Maharashtra on September 3, 2022 at its head office in Pune. Bhushan Kumar Sinha, Joint Secretary and Hardik Sheth, Director, DFS, Ministry of Finance also accompanied him. AS Rajeev, MD & CEO, Bank of Maharashtra, hosted him along with Executive […]

Financial services

The Financial Services Industry Puts Anti-Money Laundering on the Agenda

According to 100% of Financial Services Workers, anti-money laundering (AML) has become a priority for businesses as companies place greater emphasis on customer transparency and ethical customer onboarding. A study by AML compliance technology company, First AML, found that 60% of Australian banking and finance professionals are confident in their AML procedures. Additionally, 55 percent […]

Financial services

FRANKLIN FINANCIAL SERVICES CORP /PA/: Regulatory FD Disclosure, Financial Statements and Exhibits (Form 8-K)

Item 7.01 Disclosure of FD Regulations Franklin Financial Services Company (“the Company”) is providing this presentation which will be presented in whole or in part, from time to time, by officers of the Company at one or more meetings with investors and analysts. The presentation is attached as Exhibit 99.1 and is incorporated by reference. […]

Financial services

6 Best Banks in Pakistan 2022 for Financial Services

Banking is a very important commercial service for individuals and businesses alike. Banking services help its customers to safely save their assets and money and borrow loans. This removes all doubts about the importance of banks in Pakistan. So, out of 31 banks in the Pakistani banking sector, here are 6 best banks in Pakistan […]

Financial services

Axis Insights – How “worthy” is it worth it? – Financial services

September 01, 2022 AXIS Fiduciary Ltd To print this article, all you need to do is be registered or log in to Mondaq.com. Reputational risk refers to the threat to a financial institution’s profitability or sustainability triggered by an unfavorable public perception of the organization. For example, if a financial institution has a wealthy client […]

Financial services

How the fintech industry is revolutionizing financial services – Mahesh Shukla, CEO of PayMe India, explains

zeenews.india.com understands that your privacy is important to you and we are committed to being transparent about the technologies we use. This Cookie Policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit the zeenews.india.com websites that link to this Policy […]

Financial services

Insight Financial Services Wins Choice Contract

COSTA MESA, Calif., Aug. 31, 2022 (GLOBE NEWSWIRE) — Insight Financial Services (IFS), a division of Insight Investments, LLC, announced today that it has been awarded a contract by national purchasing cooperative Choice Partners to provide technology equipment rental services. The contract provides Choice Partners subscribers with preferred access to IFS’s industry-leading financial and leasing […]

Financial services

2022-08-31 | NYSE: HIGH | Press release

A new study from The Hartford, a leading provider of employee benefits and absence management, found that 40% of American workers said inflation would force them to reduce the benefits they choose when working. registration open. Additionally, 48% of American workers said inflation makes it difficult to pay their benefits. “With our current economic environment, […]

Financial services

Exadel organizes an online event on digital transformation 2.0 in financial services

Industry experts explain how finance organizations can drive growth by accelerating digital transformation WALNUT CREEK, CA. , August 30, 2022 /PRNewswire/ — Exadel (www.exadel.com), a global software engineering, business consulting and solutions company, today announced that it is hosting a free online event titled “Digital Transformation 2.0 in Financial Services: Exadel Conversations”. Hosted by digital […]

Financial services

Many consumers still struggle to access financial services

Photo (c) DJV High-Res Stock Photo – Getty Images While consumers often complain about banks and other financial services companies, a recent consumer survey suggests that discrimination isn’t high on the list of grievances. The poll, conducted for the National Endowment for Financial Education (NEFE), found that only 16% of respondents reported perceived bias or […]

Financial services

Offer many financial services from your store and increase

Money Transfer, Bill Pay, Mobile Recharge, Indo Nepal Payment Banking can be different with responsive, relevant, reliable and best-in-class digital banking solutions. SOULPAY makes digital banking more transparent, accessible and fair. No more time spent interacting with bank clerk or branch visits – daily banking operations are fully provided through SOULPAY app, integrated with pleasant […]

Financial services

eNaira will not take over financial services from commercial bank – CBN director

Rakiya Muhammad is Chief Information and Technology Officer at the Central Bank of Nigeria (CBN) and Coordinator of the eNaira Project. In this interview with Daily Trust, she explains why the CBN launched eNaira and how it will drive the government’s cashless policy. Excerpts: OWhat drove the CBN’s decision to create eNaira? Our banking and […]

Financial services

The digital era and financial services in Ghana

The Internet has changed the relationship between consumers and physical money, and reduced the importance of trading with physical money. Ghana is transitioning from an internet economy to a digital consumer economy. We need to simplify people’s daily lives. The customer’s personal behavior is virtualized and mobilized by smartphones. Customers now prefer to transact on […]

Financial services

Provident Financial Services, I – Consensus indicates 11.2% upside potential

Provident financial services, i found using the ticker (PFS) now have 5 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The target price ranges between 30 and 25 calculating the average target price we see 26.8. Now, with the previous closing price of 24.09, this would indicate that there is 11.2% upside […]

Financial services

How canceling student loans will affect financial services

One of the most debated aspects of the Biden administration’s plan to write off about $400 billion in student loan debt is how it will affect inflation. Opinions on the matter vary widely. Jason Furman, Chief Economic Advisor to President Barack Obama, tweeted that movement is the equivalent of “[p]Consuming about half a trillion dollars […]

Financial services

Kenanga partners with Ant Group to develop awesome financial services app

Malaysia’s largest independent investment bank, Kenanga, has tapped China’s Ant Group for its mobile development platform as the company seeks to launch a wealth management and financial services super app. Kenanga partners with Ant Group to launch awesome financial services app The super-app, Malaysia’s first according to Kenanga, will be powered by Ant Group’s mobile-as-a-service […]

Financial services

OFBank provides financial services to Filipinos in 119 countries

In its second landmark year, Overseas Filipino Bank (OFBank) has expanded its financial services to 119 countries, providing Filipinos, wherever they are, safe and convenient access to digital banking and investments. As the nation’s first digital branchless bank, OFBank has empowered migrant workers, long-term travelers and multi-generational immigrants and their families. “OFBank’s banking products and […]

Financial services

Government to support credit unions to improve delivery of tech financial services – E/R Minister

The government has indicated that it will support credit unions to improve the efficiency of financial service delivery. Eastern Regional Minister Seth Kwame Acheampong explained that the government, with the help of the World Bank, is providing credit unions with software to improve technology in the efficient delivery of financial services. According to him, this […]

Financial services

Amazon.com, Inc. (NASDAQ: AMZN) is the 3rd largest position of Stiles Financial Services Inc.

Stiles Financial Services Inc. increased its stake in Amazon.com, Inc. (NASDAQ: AMZN – Get Rating) by 6.1% in Q1, according to the company in its most recent SEC filing. The institutional investor held 1,868 shares of the e-commerce giant after buying an additional 108 shares during the quarter. Amazon.com includes about 3.1% of Stiles Financial […]

Financial services

valU acquires 100% of the financial services provider Paynas – Tech – Business

Minister of International Cooperation Rania Al-Mashat attended the signing. valU said the move is a gateway to reach out to micro, small and medium enterprises which are considered the backbone of the economy, with the aim of unlocking various opportunities for employers and employees. Paynas offers a host of employee management and payment services to […]

Financial services

Nigerian government orders telecom operators and regulated financial services to remove access to digital lending platform services

Amid poor practices and relentless harassment by some digital loan companies, which they have refused to shut down despite complaints from members of the public and several warnings from watchdogs, the feds have moved to shut down their operations. using telecommunications operators and financial service providers. The Federal Competition and Consumer Protection Commission, FCCPC, has […]

Financial services

The house has passed the SECURE notarization law of 2022 – Financial services

August 19, 2022 Sheppard Mullin Richter & Hampton To print this article, all you need to do is be registered or log in to Mondaq.com. Recently, the House of Representatives passed the SECURE Notarization Act of 2022 (HR 3962). Legislation that creates federal minimum standards to allow notaries in all states to conduct […]

Financial services

Financial comparison between American Bank (OTCMKTS:AMBK) and The PNC Financial Services Group (NYSE:PNC)

American Bank (OTCMKTS:AMBK – Get Rating) and The PNC Financial Services Group (NYSE:PNC – Get Rating) are both finance companies, but which is the better stock? We’ll compare the two companies based on their dividend strength, institutional ownership, earnings, analyst recommendations, risk, profitability and valuation. Valuation and benefits This chart compares revenue, earnings per share […]

Financial services

The State of Mobile Application Security in 2022 in Financial Services

Introduction and background This blog provides an overview of mobile application security in financial services based on an in-depth study by Osterman Research and published in the Approov-sponsored report “The State of Mobile Application Security in 2022”, in July this year. A second blog published today provides the same level of information and analysis on […]

Financial services

Financial Services Bureau recommends Mohammad Mustafa as Chairman of NABARD

The Financial Services Institutions Bureau (FSIB) on Wednesday recommended Mohammad Mustafa as Chairman of NABARD. “After interviewing 15 candidates on August 16-17, 2022, the office recommends Mohammad Mustafa for the post of President of the National Bank for Agriculture and Rural Development (NABARD),” the FSIB said in a statement. . The final decision on […]

Financial services

In its 2nd year, OFBank now provides financial services to Filipinos in 119 countries – Manila Bulletin

Cultivating financial literacy among women is one of OFBank’s driving goals, as evidenced by their pop-up booths during Quezon City Women’s Month. Overseas Filipino Bank (OFBank) marks its second landmark year by showing that digital banking and investments are securely and conveniently accessible to all Filipinos, regardless of location, whether they are based in the […]

Financial services

HARTFORD FINANCIAL SERVICES GROUP, INC. : Change of Directors or Principal Officers, Financial Statements and Schedules (Form 8-K)

Article 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain leaders; Compensatory provisions of certain executives. On August 15, 2022the board of directors (the “Board”) of Hartford Financial Services Group, Inc. (the “Company”) elected Edmond Reese as a director of the Board from October 17, 2022. Mr. Reese was appointed to […]

Financial services

John Durrant, an expert in the financial services industry for 25 years, is appointed President of FIS Banking Solutions Group

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (“ESGG” or the “Company”), Canada’s largest free-to-play mobile games group, announces that it has entered into a multi-year partnership with ViacomCBS Consumer Products ( “VCP”) for the global release of a Star Trek: Lower Decks-themed mobile game on iOS and Android. In addition to the stories and […]

Financial services

No-fee financial services can be expensive

It is tempting to use no-cost services paid for by other less financially educated customers. But none of us are completely safe from being fooled TopicsPersonal finance | Financial planning Diversification and minimization of investment costs are the two most important rules of investing. For example, low-fee passive index funds, such as […]

Financial services

Prospera Financial Services Inc. Reduces Stake in Amazon.com, Inc. (NASDAQ:AMZN)

Prospera Financial Services Inc. reduced its holdings of Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) stock by 9.8% during the 1st quarter, according to its latest filing with the Securities and Exchange Commission. The institutional investor held 7,475 shares of the e-commerce giant after selling 810 shares during the quarter. Amazon.com accounts for approximately 1.0% of […]

Financial services

Amazon.com, Inc. (NASDAQ: AMZN) is the 3rd largest position of Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC increased its holdings of Amazon.com, Inc. (NASDAQ: AMZN – Get Rating) stock by 55.9% in Q1, according to the company in its latest 13F filing with the Securities and Exchange Commission . The fund held 6,465 shares of the e-commerce giant after buying 2,319 additional shares during the quarter. Amazon.com represents […]

Financial services

BK Arena prepaid card gives unbanked youth access to financial services | The new times

Bank of Kigali has unveiled a new flagship product, called BK Arena Prepaid Card, which would allow anyone, including unbanked youth, to have a visa card for digital payments without owning a bank account. The BK Arena prepaid card is part of the Bank’s grand strategy to aggressively reach young people. Anyone with the card […]

Financial services

State Street to Attend Barclays Global Financial Services Conference –

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced that its President and Chief Investment Officer, Lou Maiuri, and Vice President and Chief Financial Officer, Eric Aboaf, will participate in the Barclays Global Financial Services Conference in New York on Monday, September 12, 2022 at 9:00 a.m. ET. A webcast of the event will be available on […]

Financial services

Banking and financial services of a non-bank company?

Embedded finance platforms benefit businesses and change the financial sector By Philippe Buschman, CEO and Co-Founder, AAZZUR According to integrated finance expert Simon Torrace, brands and businesses today “are looking to add more functionality and value to their customers, and financial services are a very attractive part of that. It’s a way for all kinds […]

Financial services

Prospera Financial Services Inc invests $43,000 in Baozun Inc. (NASDAQ: BZUN)

Prospera Financial Services Inc. acquired a new position in shares of Baozun Inc. (NASDAQ: BZUN – Get Rating) in Q1, according to its most recent SEC filing. The institutional investor acquired 5,063 shares of the tech company, valued at around $43,000. Several other institutional investors and hedge funds also changed their positions in BZUN. CWM […]

Financial services

Consumers have lost confidence in financial services

Financial services industry ‘lost Joe Bloggs consumer trust’, says KiwiSaver boss as FSC releases investor study Wednesday, August 10, 2022, 8:10 a.m. by Jenni McManus On the heels of the FMA’s 130-page report on consumer attitudes towards the financial services industry, the Financial Services Council (FSC) yesterday released a survey of New Zealanders’ views and […]

Financial services

Prospera Financial Services Inc. Reduces Its Stake in Saber Co. (NASDAQ:SABR)

Prospera Financial Services Inc reduced its position in shares of Saber Co. (NASDAQ: SABR – Get Rating) by 60.5% during the 1st quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The institutional investor held 4,863 shares of the IT services provider after selling 7,437 shares during the quarter. Prospera Financial […]

Financial services

Harel Insurance Investments & Financial Services Ltd. cuts its holdings in Amazon.com, Inc. (NASDAQ:AMZN)

Harel Insurance Investments & Financial Services Ltd. cut its stake in Amazon.com, Inc. (NASDAQ:AMZN – Get Rating) by 33.3% during the 1st quarter, according to its latest 13F filing with the Securities and Exchange Commission. The institutional investor held 30,022 shares of the e-commerce giant after selling 15,013 shares during the quarter. Amazon.com accounts for […]

Financial services

Lead Financial Services announces standalone net loss of Rs 0.03 crore in June quarter 2022

Sales reported at Rs 0.01 crore Lead financial services net loss was reported at Rs 0.03 crore in the quarter ended June 2022, compared to a net loss of Rs 0.03 crore in the previous quarter ended June 2021. Sales remain constant at Rs 0.01 crore during the quarter ended June 2022 […]

Financial services

Prospera Financial Services Inc completes new $104,000 investment in Akamai Technologies, Inc. (NASDAQ: AKAM)

Prospera Financial Services Inc. bought a new position in Akamai Technologies, Inc. (NASDAQ: AKAM – Get Rating) in Q1, according to its most recent disclosure to the Securities & Exchange Commission. The fund bought 870 shares of the technology infrastructure company, valued at around $104,000. Several other large investors also bought and sold shares of […]

Financial services

Consolidated net profit of Edelweiss Financial Services increases by 45.83% in the quarter of June 2022

Sales fell by 27.18% to Rs 1183.72 crore Net profit of Edelweiss Financial Services increased by 45.83% to Rs 26.38 crore in the quarter ended June 2022 from Rs 18.09 crore in the previous quarter ended June 2021. Sales declined by 27.18% to Rs 1183.72 crore during the quarter ended June 2022 […]

Financial services

2022-08-04 | NYSE:DFS | Press release

Radnor, Pa.–(Newsfile Corp. – Aug. 4, 2022) – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of federal securities laws on behalf of investors at Discover Financial Services (NYSE: DFS) (“Discover Financial”). On July 20, 2022, Discover Financial issued a press release announcing its financial results for […]

Financial services

Hejaz Financial Services, GBST provides online calculators

Hejaz Financial Services, a diversified provider of Islamic financial products, has chosen GBST to provide a suite of nine online calculators. The suite will be powered by GBST’s Equate technology and supported by Equate’s Content Management Solution (CMS). For GBST Digital, this three-year commitment is its first Islamic banking client. Hejaz has set up calculators […]

Financial services

Prospera Financial Services Inc holds $282,000 equity position in Sea Limited (NYSE:SE)

Prospera Financial Services Inc reduced its stake in shares of Sea Limited (NYSE:SE – Get Rating) by 76.5% during Q1, according to its latest 13F filing with the SEC. The company held 2,354 shares of the Singapore-based internet company after selling 7,672 shares during the period. Prospera Financial Services Inc’s holdings in SEA were worth […]

Financial services

Financial services committee passes bills to protect consumers

in Daily Dose, Featured, Government, News 2 hours ago 28 Views Today, the House Financial Services Committee, led by Chair Maxine Waters (D-CA), passed eight bills aimed at strengthening oversight of our nation’s affordable housing and addressing housing crises and homelessness, putting consumers in the driving seat to shape their financial future and simplifying bureaucratic […]

Financial services

Florida Governor Ron DeSantis plans to fight ‘woke CEOs’ in financial services like Paypal and others

Florida Governor Ron DeSantis has set his sights on the next horizon in his government’s battle in the so-called culture wars: “woke CEOs.” The Republican governor, seen as a likely candidate for the 2024 presidential election, said during a press conference last week that he plans to take on money transfer giants, such as PayPal, […]

Financial services

Piramal Group paves the way for the growth of its financial services business

With the acquisition of debt-ridden DHFL, the Piramal Group has set a growth trajectory and is targeting a loan disbursement of around Rs 3,500 crore in the third quarter of this financial year. Sharing the growth strategy with shareholders at Friday’s annual general meeting, Piramal Group Chairman Ajay Piramal said the financial services arm […]

Financial services

Belize Registry of Companies and Business Affairs established under the Financial Services Commission

Views : 188 Posted: Saturday, July 30, 2022. 11:43 a.m. CST. By Zoila Palma González: On Friday, July 29, 2022, the Financial Services Commission announced that effective today, pursuant to Section 284 of the Companies Act of Belize (Act No. 11 of 2022), the Companies Registry and Commercial Affairs of Belize (BCCAR) is […]

Financial services

Thorough KYC Checks Boost Financial Services Integrity – TechEconomy.ng

As more and more processes evolve, online cybercrime is on the rise, with online banking processes, and in particular the onboarding of new customers, becoming a common target for criminals looking for weaknesses in the system. . Sameer Kumandan, managing director of SearchWorks, says the rise in financial crime and identity theft means that strong […]

Financial services

How digitalization is transforming financial services – BIAN interview

Hans TesselaarExecutive Director Banking Industry Architecture Network (BIAN)talks about the impact of the digitalization of financial services on the sector, how it can promote financial inclusion while leaving some customers behind. Traditional banks need to adapt and expand their offerings to provide the best customer experience and to compete with new entrants to the industry. […]

Financial services

High demand for selfie biometrics in financial services prompts partnership with Acuant

Demand for selfie biometrics and related integration technologies continues to be strong in financial services, with Acuant signing an agreement to provide its identity verification technology to enterprises, and ComplyCube, Yoti and CyberLink expanding their KYB customer bases and KYC. Acuant has integrated its biometrics and other technologies for seamless digital identity verification with ServiceNow […]

Financial services

IT Delivery Manager (Financial Services)

The objective of the Delivery Manager role is to oversee and manage the planning and delivery of all initiatives for the IT financial services portfolio aligned to a business unit or capability. This role provides the pipeline of project, program and product iteration requests needed to develop and release IT services and features, lead process […]

Financial services

Altafid launches the first marketplace for fiduciary financial services

AUSTIN, Texas–(BUSINESS WIRE)–Altafid, an Austin-based US company that built the first fiduciary financial services marketplace, is expanding overseas to serve global investors by providing a full range of financial products, solutions and expertise. Using a simple and transparent fee structure, the company aims to provide truly comprehensive wealth management services, offering all aspects of personal […]

Financial services

Harel Insurance Investments & Financial Services Ltd. reduced its position in NortonLifeLock Inc. (NASDAQ: NLOK)

Harel Insurance Investments & Financial Services Ltd. cut its holdings of NortonLifeLock Inc. (NASDAQ: NLOK – Get Rating) stock by 48.5% in the first quarter, reports Holdings Channel.com. The institutional investor held 3,394 shares of the company after selling 3,202 shares during the quarter. The holdings of Harel Insurance Investments & Financial Services Ltd. in […]

Financial services

PNC Financial Services Group, I – Consensus indicates 14.0% upside potential

PNC Financial Services Group, I found using the ticker (PNC) now have 19 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 230 and 156, with the average target price standing at 184.23. Together with the stock’s previous close at 161.61, this indicates that there is 14.0% upside […]

Financial services

Consolidated net profit of Nahar Capital & Financial Services declines by 9.00% in the quarter of June 2022

Sales increase by 14.94% to Rs 5.31 crore Net profit of Nahar Capital & Financial Services decreased by 9.00% to Rs 53.07 crore in the quarter ended June 2022 from Rs 58.32 crore in the previous quarter ended June 2021. Sales increased by 14.94% to Rs 5.31 crore in the quarter ended […]

Financial services

Transforming financial services with artificial intelligence

Artificial intelligence (AI) is the technology to watch. IDC projects that spending on AI technologies will reach $97.9 billion in 2023, more than two and a half times the level of spending in 2019. Where is the growth of AI coming from? On my CXO Spice Talk, I spoke with Kevin Levitt, Global […]

Financial services

The Business Case for Cybersecurity Performance Management in Financial Services

According to the Verizon Data Breach Investigation Report (DBIR) 2022, data breaches caused by ransomware increased nearly fivefold, from 5% to over 25%. Additionally, the cost of data breaches has increased dramatically in recent years. In 2021, the cost of a data breach rose to $4.24 million on average, an increase of more than 10% […]

Financial services

A Roadmap for Experience Management Teams

Customers, colleagues and citizens are all increasingly concerned about issues such as single-use plastic, carbon emissions, working conditions and whether an organization practices inclusion. According to PwC, two-thirds of financial institutions prioritize environmental, social and governance (ESG) considerations in their transformation plans. And yet, until now, experience management (XM) teams have only tinkered around the […]

Financial services

PNC Financial Services Group (NYSE:PNC) Sees Strong Volume Increase Following Analyst Upgrade

PNC Financial Services Group, Inc. (NYSE:PNC – Get Rating) saw strong trading volume on Tuesday after Morgan Stanley raised its price target on the stock from $168.00 to $180.00. 38,807 shares changed hands during the midday session, down 98% from the previous session’s volume of 1,900,866 shares. The stock last traded at $157.88 and previously […]

Financial services

Third Quarter 2022 EPS Estimates for The PNC Financial Services Group, Inc. Boosted by an Analyst (NYSE:PNC)

The PNC Financial Services Group, Inc. (NYSE:PNC – Get Rating) – Oppenheimer analysts raised their third quarter 2022 earnings per share (EPS) estimates for The PNC Financial Services Group in a research note released on Monday July 18. Oppenheimer analyst C. Kotowski now expects the financial services provider to earn $3.74 per share for the […]

Financial services

PNC Financial Services Group (NYSE:PNC) Sees Unusually High Trading Volume After Analysts Upgrade

Shares of PNC Financial Services Group, Inc. (NYSE:PNC – Get Rating) saw unusually high trading volume on Tuesday after Morgan Stanley raised its price target on the stock from $168.00 to 180.00 $. Approximately 38,807 shares were traded during the midday session, down 98% from the previous session’s volume of 1,900,866 shares. A number of […]

Financial services

4 trends that will shape financial services in a post-COVID world

The groundswell of digitalization that forced entire industries and services to go online in 2020 at the onset of the COVID-19 pandemic, only continued to grow in 2021 despite the return to office work and deployment of vaccines around the world. Enterprises, SMBs and end users, having tasted the widespread benefits of e-commerce, digital payments […]

Financial services

Cvent: The Evolution of Digital Event Management in the Financial Services and FinTech Industries

Financial services and fintech companies are learning that the journey to deep customer engagement is a marathon, not a sprint, and no place is more obvious than using events as part of your marketing or mix of sale. Banks, insurers, asset management firms, technology and investment research firms have begun to recognize and act on […]

Financial services

Provident Financial Services, I – Consensus indicates 16.7% upside potential

Provident financial services, i found using the (PFS) ticker now have 5 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The range between the high target price and the low target price is between 29 and 24, with the middle target price at 26. Given that the previous close of the shares […]