Tag: financial services
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Auto dealers and lenders keep tabs on CFPB again
LAS VEGAS — The federal Consumer Financial Protection Bureau has once again become more assertive, with auto lenders and their associations closely monitoring the agency’s activities. ... -
CFPB Director Chopra’s Emerging Vision – Supervision Focus & Potential Rule Makings – Finance and Banking
To print this article, all you need is to be registered or login on Mondaq.com. Summary Last month CFPB Director Rohit Chopra sat down with ... -
No Credit Check Loans With Guaranteed Approval | Top loans for bad credit | Same Day Approval For Bad Credit Online Loans | Direct Lenders for Bad Loans | Best loans for bad credit with guaranteed approval in March 2022
Looking for a loan for bad credit ? If so, you should opt for a low interest rate. Many lenders offer loans to people with bad ... -
5 Best Pawn Shops in Kansas City, MO
Below is a list of the best pawnbrokers in Kansas City. To help you find the best pawn shops near you in Kansas City, we’ve put ... -
2 oversold “strong buy” stocks that could be primed for a comeback
There are many fundamentally sound, low-cost stocks that retail investors can consider. The key to success is finding stocks that are at or near the bottom ... -
Banking Platform Cheddar Acquires Upside Saving
Bank transfer platform Cheddar has acquired open banking technology firm Upside Saving, Business Cloud reported Tuesday (March 1). Cheddar, based in London, provides a free bank ... -
Oportun Financial Inc (NASDAQ:OPRT) Reports Quarterly Results, Beats Estimates by $0.10 EPS
Opportun Financial (NASDAQ:OPRT – Get a rating) released its quarterly earnings data on Thursday. The company reported earnings per share (EPS) of $0.82 for the quarter, ... -
Avanse Financial Services Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform
NEW YORK & BANGALORE, India–(BUSINESS WIRE)–Leading AI-powered credit decisioning disruptor, Scienaptic AI announced that Avanse Financial Services has completed implementation and is now live on its ... -
Ally Financial: Massive buybacks, credit quality, attractive P/E (NYSE: ALLY)
Just_Super/E+ via Getty Images Used car prices are good for lenders Second-hand cars prices increased by 40.5% in January 2022 compared to a year earlier. One ... -
Crypto Owners Tend to Abuse Dangerous Leverage Practices More Often | by RD Rhoads | February 2022
Some images are courtesy of Pexels.com. Others are credited. A interesting study was released in late January 2022. This report examined the state of consumer banking ... -
OTTAWA BANCORP, INC. ANNOUNCES A QUARTERLY CASH INCREASE
OTTAWA, Ill., Feb. 16 10, 2022 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (OTCQX: OTTW) (the “Company”), the holding company of OSB Community Bank (the “Bank”), today ... -
Financing the recovery of auto sales – Manila Bulletin
In 2020, the automotive market virtually collapsed as a result of the COVID pandemic. Demand for vehicles vanished due to the uncertainties of the time and ... -
What Happens If You Default on a Loan?
Editorial Independence We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner ... -
Ford signs five-year payments deal with Stripe for e-commerce drive
A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment ... -
PNC Financial Services Group, I – Consensus points to downside potential of -1.4%
PNC Financial Services Group, I with ticker code (PNC) now have 21 analysts covering the stock with the consensus suggesting a rating of “Buy”. The range ... -
Dreamscape Finds New Directors for Brex, Robinhood, and AppLovin Corp.
A new business unit launched by Daversa Partners dedicated to advancing black leadership at the board and executive team level finds new directors for three premier ... -
36% of Americans Have Vacation Debt, Average $ 1,249 | national news
CHARLOTTE, North Carolina, December 31, 2021 / PRNewswire / – The holiday season can be a busy time for consumers, from preparing for travel to shopping ... -
Cars24 partners with Bajaj Finance for easy financing of used cars, Auto News, ET Auto
âCARS24, along with BFL, is putting the consumer first for financing used car purchases- all combined with ease of use, highest quality customer experience and transferring ... -
IC Trust 2021-2 — Moody’s assigns definitive ratings to Fin One’s second auto ABS
Rating Action: Moody’s assigns definitive ratings to Fin One’s second auto ABSGlobal Credit Research – 17 Dec 2021AUD80.09 million of debt securities ratedSydney, December 17, 2021 ... -
Toyota PH to close 2021 with 129,000 unit sales
As 2021 draws to a close, many car brands in the Philippines are undoubtedly watching their sales numbers. This year has been critical in every way ... -
Integrated finance will reach $ 7,000,000 in the next 10 years
As businesses, their customers and financial partners race to keep up with the growing appetite for emerging digital tools, one concept that promises to shape the ... -
Lucid chooses Bank of America as loan partner
Lucid’s use of a bank for its funding mirrors similar moves from other electric vehicle startups. Start-up automaker Lucid announced Monday that it has chosen Bank ... -
PenFed Credit Union Receives Four 2021 Sarpy County People’s Choice Awards | Nebraska
OMAHA, Neb., Dec. 3, 2021 /PRNewswire/ — PenFed Credit Union, the nation’s second largest federal credit union, today announced it was selected by the readers of ... -
OTTAWA BANCORP, INC. APPROVES THE SHARE BUYBACK PROGRAM | New
OTTAWA, Ill., 01 Dec. 2021 (GLOBE NEWSWIRE) – Ottawa Bancorp, Inc. (OTCQX: OTTW) (the âCompanyâ), the holding company of OSB Community Bank (the âBankâ), today announced ... -
Validea Warren Buffett Strategy Daily Upgrade Report – 11/27/2021
The following are today’s upgrades for Validea’s Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable ... -
Her dream of working in fashion collapsed. Now, a microcredit can be the chance for this CT woman of “financial mobility”.
Jennifer Marie Lopez was supposed to intern for fashion giant Betsey Johnson, but life got in the way. Lopez marked the internship offer at a technical ... -
Chicago high interest loans target black neighborhoods
Pointing out that high interest loans are proliferating in Chicago’s non-white neighborhoods is a bit like saying the skies are blue or the grass is green, ... -
Heng considers expansion plans after SET’s listing
âBanks have also entered this market segment because it has more room to develop. This has triggered increased competition in the segment. – Sutharntip Phisibuntoon, Managing ... -
Finding opportunity in the personal loan space
Personal loans have exploded in popularity, with balances tripling over the past 10 years to become the fastest-growing segment of the consumer debt market. Â And there ... -
A record percentage of Americans will host a Thanksgiving dinner this year, spending $ 392 on average
A record percentage of Americans plan to have a Thanksgiving dinner this year. Almost half – 47% – expect customers, up from 41% in 2020 and ... -
CFPB Payday Rule Challenged, Possibly Paves The Way For More EWA Programs | Wilson Sonsini Goodrich & Rosati
On August 31, 2021, the District Court for the West District of Texas upheld the payment provisions of the 2017 Consumer Financial Protection Bureau (CFPB) rule ... -
TD Bank Ranks No. 1 in SBA Lending for Fifth Straight Year in Maine-to-Florida Footprint
CHERRY HILL, N.J., Nov. 9, 2021 /PRNewswire/ – TD Bank, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the fifth consecutive year in ... -
Rocket Mortgage’s Profits Slip In Q3 As It Courts Homebuyers
Rising interest rates have cooled its red hot refinancing business, but Rocket Mortgage says itâs on track to become the nationâs number one retail purchase loan ... -
Get the Best Car-Loan Rate Despite a Low Credit Score
In conversations with lending-industry experts, CR found that there are a number of ways to save money, even if you have a suboptimal credit score. Know ... -
Nearly Half of Americans Dread Vacation Because Some Still Pay Off Last Year’s Vacation Debt | New
CHARLOTTE, North Carolina, November 2, 2021 / PRNewswire / – Next Holiday Shopping Season This Year Scares Near Half of Consumers, Says LendingTree investigation of more ... -
Miami Dade College to Receive TD Bank Grant for Scholarships to Increase Minorities and Women in Tesla START Program
Miami, Nov. 1, 2021â¯â Miami Dade College (MDC) was recently awarded a $25,000 grant from TD Bank, Americaâs Most Convenient Bank®, to increase the number of ... -
Oportun Completes $ 500 Million Asset-Backed Securitization | Your money
SAN CARLOS, Calif., October 28, 2021 (GLOBE NEWSWIRE) – Oportun (Nasdaq: OPRT), an AI-driven fintech today announced the issuance of $ 500 million three-year asset-backed notes ... -
Big Three Auto Executives 2021: Ford Motor Co.
William Clay Ford Jr.Executive Chairman,Chairman of the Board of Directors Ford has been a member of the companyâs board of directors since 1988 and has been ... -
COVID-19 scams target Blacks, other people of color | Commentary
Just as the annual holiday season of shopping and celebrating nears, a major federal financial regulator released new research detailing how communities of color not only ... -
Pros / Cons: Postal banking is harmful and unnecessary
USPS has $ 188 billion in unpaid debts and long-term liabilities, chronic annual losses of $ 9 billion, and has defaulted over $ 45 billion in ... -
Persistent Credit Myths Contribute to Limited Access for American Workers to … New Study Finds | New
SAN CARLOS, Calif., Oct. 18, 2021 (GLOBE NEWSWIRE) – Oportun (Nasdaq: OPRT), an AI-driven financial services and technology company that gives hard workers access to responsible ... -
Court delays CFPB payday rule as industry challenge continues (1)
Payday lenders have won an offer to delay a Consumer Financial Protection Bureau rule limiting their access to customers’ bank accounts to collect payments. Payday lenders ... -
State agency says some insurers do not follow intent of auto reform law without fail
LANSING, Michigan – The director of the Michigan Department of Insurance and Financial Services released two newsletters in October clarifying the responsibilities insurance companies still have ... -
4 Large-Cap Growth Stocks To Watch Right Now
Do You Have These Top Large-Cap Growth Stocks On Your October Watchlist? When it comes to finding the best growth stocks in the stock market, one ... -
Oportun to Release Third Quarter 2021 Financial Results on Wednesday, November 3, 2021 | Your money
SAN CARLOS, Calif., October 13, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (âOportunâ or the âCompanyâ) (Nasdaq: OPRT) will release its third quarter 2021 financial results ... -
Baoneng auto unit defaults on $ 434 million trust loan
Shenzhen-based Baoneng Investment Group missed paying off another debt to fund its unrealized car-building dream, underscoring the worsening capital crisis of the once-high-flying private conglomerate. Baoneng ... -
Oportun accelerates its national expansion | New
SAN CARLOS, Calif., Oct. 06, 2021 (GLOBE NEWSWIRE) – Oportun (Nasdaq: OPRT), an AI-driven financial services and technology company that provides hard workers with access to ... -
Accurate Consumer Credit Market Outlook 2019-2029 – Experian
Consumer credit market Overview of the consumer credit market: The consumer credit market was valued at USD 6.8 trillion in 2019 and is expected to grow ... -
US Default Would Trigger “Significant Volatility” and “Disruptions” in Financial System, SEC Chairman Warns
By Matt Egan, CNN Business Gary Gensler, chairman of the Securities and Exchange Commission, warned lawmakers on Tuesday that a US default would likely trigger historic ... -
READ: SEC Chair Gensler’s Written Testimony for October 5th, 2021
Posted on 10/05/2021 Testimony of Gary Gensler Before the United States House of Representatives Committee on Financial Services Oct. 5, 2021 Washington, D.C. TO READ FULL ... -
Less Than 30% of Consumers Will Apply for a Store Credit Card This Holiday Season, the Lowest Number in 3 Years | State / Regional
CHARLOTTE, N.C., Oct. 4, 2021 /PRNewswire/ –Â Interest in store credit cards plunged in 2021, according to a new report from LendingTree. However, consumers are still slightly ... -
Global Consumer Finance Markets (Secured Consumer Finance, Unsecured Consumer Finance), 2016-2020 and 2021-2026 – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD)–The “Global consumer finance market, by type (secure consumer finance, unsecured consumer finance), by type of secured consumer finance product, by type of ... -
Automotive Finance Market To Receive Overwhelming Hike in Revenues Due To Rising Investments Across Automobile Industry Till 2026 | Million Insights
âMillion Insights â Worldâs Fastest Growing Market Research Databaseâ According to new report available with Million Insights, the global automotive financing industry is expected to witness ... -
Oportun Financial: Provides $ 2 Million Low Interest Loan to Help Other Community Development Financial Institutions (CDFIs) Advance Financial Inclusion
SAN CARLOS, CALIFORNIA-September 23, 2021-Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that gives hard workers access to responsible and affordable credit, ... -
Oportun Provides $ 2 Million Low Interest Loan to Help Other Community Development Financial Institutions Advance Financial Inclusion
SAN CARLOS, Calif., September 23, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that provides hard workers with ... -
Oportun (OPRT) gains 1.42% to close at $ 23.63 on September 22
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks ... -
Timely (OPRT) drops 3.52% to close at $ 23.60 on September 20
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks ... -
Automakers roll out online buying options
Ford Motor Co.: Ford Express Buy (Ford brand) The one-stop system allows a customer to purchase a vehicle completely online in partnership with Ford Credit, although ... -
Answers to the 5 most common questions
Electronic signatures are quickly becoming a fundamental technology for banks and financial institutions. Over the past year and a half in particular, electronic signatures have enabled ... -
What you need to know before taking out a personal loan
There are a lot of things to know when looking for a personal loan. For example, how is a personal loan different from more familiar types ... -
Almost 30% of Pet Owners Shop for Social Media Posts | State
CHARLOTTE, North Carolina, September 16, 2021 / PRNewswire / – LendingTree®, the country’s leading online lending market, released its investigation surrounding the financial impact of owning ... -
Oportun congratulates Jo Ann Barefoot, Board Member, on being named Finovate Fintech Woman of the Year
SAN CARLOS, Calif., September 15, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that gives hard workers access ... -
Oportun congratulates Jo Ann Barefoot, Board Member, on being named FinTech Woman of the Year by … | New
SAN CARLOS, Calif., September 15, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that gives hard workers access ... -
Oportun Provides Intra-Quarter Update on Strategic Initiatives | 2021-09-14 | Press Releases
Strong progress towards quarterly and annual targets SAN CARLOS, Calif., September 14, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and ... -
Oportun provides an intra-quarter update on strategic initiatives
Strong progress towards quarterly and annual targets SAN CARLOS, Calif., September 14, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and ... -
Oportun Provides Intra-Quarter Update on Strategic Initiatives | Your money
SAN CARLOS, Calif., September 14, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that provides hard workers with ... -
Oportun Announces Closing Of $ 600 Million Warehouse Credit Facility | New
SAN CARLOS, Calif., September 09, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that provides hard workers with ... -
Oportun announces closing of $ 600 million warehouse loan
SAN CARLOS, Calif., September 09, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (NASDAQ: OPRT), an AI-driven financial services and technology company that provides hard workers with ... -
Stellantis decides to create its own loan unit
Stellantis is buying First Investors Financial Services Group, a Houston-based auto lender, to create its own financial arm in the United States, a move that should ... -
Ngern Tid Lor PCL is IFC’s first investment in a non-bank financial institution in Thailand to support micro, small and medium enterprises
Small businesses will have better access to finance thanks to IFC’s first investment in a non-bank financial institution (NBFI) in Thailand, Ngern Tid Lor Public Company ... -
Low Inventories Mean Big Profits for Automakers, Less Choice for Consumers | Automatic features
DETROIT – Strong consumer demand keeps all three Detroit automakers bullish on second-half profits, even as a global microchip shortage is expected to continue into next ... -
Which Fintech Stock is a Better Buy?
The desire to democratize access to financial and investment tools has led to the creation of several companies over the past decade. These companies are part ... -
Moove raises $23m Series A funding to democratise vehicle ownership in Africa
Auto financing company, Moove, has raised $23 million in Series A funding round. According to the company, this funding would help democratise access to vehicle ownership ... -
Does your work at home outfit increase your productivity?
The Noble Credit Union Clovis branch is located at 175 N Clovis Ave. between Sierra and Herndon Ave. (Envato Elements) The number of people working remotely ... -
Chase Ultimate Rewards® Adds Air Canada’s Aeroplan Loyalty Program to its Line of Point Transfer Partners
WILMINGTON, Del., & MONTREAL – (COMMERCIAL THREAD) – Today, Chase, the largest co-branded card issuer in the United States and Air Canada, Canada’s largest airline and ... -
Chase opens bank in highly competitive Portsmouth
PORTSMOUTH – Chase is the latest institution to open a bank in the city, host to more than a third of all the banks doing business ... -
Chase Introduces Slate Edge – A No Annual Fee Credit Card With An Interest Rate Designed To Go Down | Business
WILMINGTON, Delaware – (BUSINESS WIRE) – July 19, 2021– Today, Chase announced Slate Edge, a new type of credit card designed to help customers reach their ... -
Iron Capital raises $5.7M in Series A financing round
(From left to right) Tommy Sim, Alice Sok and Richard Seang. Photo supplied Phnom Penh-based investment holding firm Iron Capital Plc has raised $5.7 million in ... -
85% compliance with technology requirements, ball in RBI court for lifting ban on the sale of new credit cards: HDFC Bank
Bombay: HDFC Bank has complied with 85% of RBI’s requests for the technology, and the ball is now in the regulator’s court as to when to ... -
U.S. consumer watchdog orders GreenSky to pay fine for lending abuses
By Katanga Johnson WASHINGTON, July 12 (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) on Monday said it has fined an Atlanta-based financial technology firm ... -
Card demand at record levels; Encrypted cards are flourishing
Borrowing is back as auto loan enrollments, credit cards hit record highs Americans are borrowing again, in some cases at levels not seen in more than ... -
Five questions with … Tricolor Auto Acceptance Chief Risk Officer Nick Brown
Nick Brown As chief risk officer at Tricolor Auto Acceptance, Nick Brown has a unique opportunity to reach borrowers who may otherwise fall through the auto finance cracks.  Tricolor focuses ... -
New bill aims to put government in control
Amid all the news this week, one potentially groundbreaking bill seemed to slip under the radar: the idea of radically reshaping the US credit reporting industry. ... -
4 financial stocks to watch in July 2021
Do you have these most important financial stocks on your radar right now? Whether you find it exciting or not, financial stocks remain one of the ... -
Ready for a mid-year financial review? Look for these dangers
The middle of the year is often a good time to review your financial outlook and your behaviors. This is especially true at this time as ... -
India Used Car Loan Market, Competition Forecast & Opportunities, FY2027F
DUBLIN–(BUSINESS WIRE)–The “India Used Car Loan Market, By Vehicle Type (Hatchback, SUVs & Sedans), By Financier (Banks, NBFCs (Non-Banking Financial Companies) & OEM), By Percentage of ... -
IDEX) Featured in Yahoo! Finance Article
Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, was featured in a Yahoo! Finance article. The piece, ... -
Auto Finance Market Value Expected To Reach US $
LOS ANGELES, June 16, 2021 (GLOBE NEWSWIRE) – The Global Automotive Finance Market is expected to grow at a CAGR of around 6.6% from 2020 to ... -
Carro Automotive Market Achieves Unicorn Status With $ 360 Million Series C Led By SoftBank Vision Fund 2 – TechCrunch
Carro, one of Southeast Asia’s largest auto markets, announced that it reached unicorn valuation after raising a $ 360 million Series C led by SoftBank Vision ... -
Investors lap up Bajaj Finance despite NPA warning; stock up 10% in 2 days
Shares of Bajaj Finance continued their upward movement for the second straight day on Friday, and hit a new high of Rs 6,228.60, up 2 per ...