Showing 37 to 48 of 69 results
Purpose Unlimited Acquires Steadyhand, Adds $1.3 Billion in Assets
Purpose Unlimited Inc. is acquiring Vancouver-based Steadyhand Investment Management Ltd. for an undisclosed sum, adding $1.3 billion in assets and expanding Purpose's assets under management to over $30 billion; the deal is expected to close in the second quarter.
Purpose Unlimited Acquires Steadyhand, Adds $1.3 Billion in Assets
Purpose Unlimited Inc. is acquiring Vancouver-based Steadyhand Investment Management Ltd. for an undisclosed sum, adding $1.3 billion in assets and expanding Purpose's assets under management to over $30 billion; the deal is expected to close in the second quarter.
Progress
48% Bias Score
Economic Uncertainty Drives Surge in SBA 7(a) Loan Demand
Despite record-high small business sentiment in November 2024, rising uncertainty and inflation are impacting financing decisions, leading to increased demand for SBA 7(a) loans, which totaled $31.1 billion in funding in 2024, exceeding 2023's $XX billion.
Economic Uncertainty Drives Surge in SBA 7(a) Loan Demand
Despite record-high small business sentiment in November 2024, rising uncertainty and inflation are impacting financing decisions, leading to increased demand for SBA 7(a) loans, which totaled $31.1 billion in funding in 2024, exceeding 2023's $XX billion.
Progress
44% Bias Score
Weakening of CFPB Raises Concerns of Increased Consumer Financial Risks
The Consumer Financial Protection Bureau (CFPB), created after the 2008 financial crisis, is facing attempts to weaken it, leaving consumers vulnerable to fraud and predatory lending, particularly in the rapidly growing nonbank financial sector.
Weakening of CFPB Raises Concerns of Increased Consumer Financial Risks
The Consumer Financial Protection Bureau (CFPB), created after the 2008 financial crisis, is facing attempts to weaken it, leaving consumers vulnerable to fraud and predatory lending, particularly in the rapidly growing nonbank financial sector.
Progress
48% Bias Score
Brazil Tightens Pix Security, Linking Key Registration to Tax Compliance
The Brazilian Central Bank updated Pix payment rules on March 6th, 2024, to enhance security by preventing users with irregular tax situations (blocked CPFs or irregular CNPJs) from registering Pix keys; they can still send payments. This is part of broader efforts to combat fraud, affecting million...
Brazil Tightens Pix Security, Linking Key Registration to Tax Compliance
The Brazilian Central Bank updated Pix payment rules on March 6th, 2024, to enhance security by preventing users with irregular tax situations (blocked CPFs or irregular CNPJs) from registering Pix keys; they can still send payments. This is part of broader efforts to combat fraud, affecting million...
Progress
36% Bias Score
B2B Fintechs Thrive Amidst Funding Decline
The 2025 Forbes Fintech 50 list reveals that despite a drop in overall funding to \$34 billion in 2024, many fintechs, especially those serving other businesses (31 of 50), flourished; this is highlighted by companies like Parafin (\$75 million revenue), Squire (\$740 million processed), and DailyPa...
B2B Fintechs Thrive Amidst Funding Decline
The 2025 Forbes Fintech 50 list reveals that despite a drop in overall funding to \$34 billion in 2024, many fintechs, especially those serving other businesses (31 of 50), flourished; this is highlighted by companies like Parafin (\$75 million revenue), Squire (\$740 million processed), and DailyPa...
Progress
48% Bias Score
French Banks to Consolidate ATM Networks, Reducing Costs and Expanding Access
The number of Cash Services ATMs in France will increase to nearly 3,000 by the end of 2025, as three major banks consolidate their networks, reducing the total number of ATMs from 15,000 to approximately 10,000 by mid-2026 to cut costs, while also deploying ATMs in underserved areas.
French Banks to Consolidate ATM Networks, Reducing Costs and Expanding Access
The number of Cash Services ATMs in France will increase to nearly 3,000 by the end of 2025, as three major banks consolidate their networks, reducing the total number of ATMs from 15,000 to approximately 10,000 by mid-2026 to cut costs, while also deploying ATMs in underserved areas.
Progress
36% Bias Score
DoorDash Partners with Klarna to Offer Buy Now, Pay Later for Food Orders
DoorDash and Klarna are partnering to offer Buy Now, Pay Later (BNPL) services for food orders starting soon, expanding BNPL's reach into fast food and raising concerns about increased consumer debt given already high debt levels and a lack of regulatory oversight.
DoorDash Partners with Klarna to Offer Buy Now, Pay Later for Food Orders
DoorDash and Klarna are partnering to offer Buy Now, Pay Later (BNPL) services for food orders starting soon, expanding BNPL's reach into fast food and raising concerns about increased consumer debt given already high debt levels and a lack of regulatory oversight.
Progress
40% Bias Score
AI's Impact on Financial Consulting: Human Element Remains Key
Over 2,700 unique visitors attended the second day of ConsulenTia, focusing on AI's influence on financial consulting; discussions emphasized the irreplaceable role of human interaction alongside AI's efficiency gains.
AI's Impact on Financial Consulting: Human Element Remains Key
Over 2,700 unique visitors attended the second day of ConsulenTia, focusing on AI's influence on financial consulting; discussions emphasized the irreplaceable role of human interaction alongside AI's efficiency gains.
Progress
44% Bias Score
Barclays Faces £12.5 Million Compensation Claim After Widespread IT Outage
Barclays faces a £12.5 million compensation claim following a three-day IT outage in January/February 2024 that disrupted millions of customers' access to online and mobile banking services, prompting a Treasury Committee investigation into widespread banking IT failures affecting nine major UK bank...
Barclays Faces £12.5 Million Compensation Claim After Widespread IT Outage
Barclays faces a £12.5 million compensation claim following a three-day IT outage in January/February 2024 that disrupted millions of customers' access to online and mobile banking services, prompting a Treasury Committee investigation into widespread banking IT failures affecting nine major UK bank...
Progress
40% Bias Score
Widespread UK Banking App Outage Disrupts Payday Transactions
Thousands of UK banking app users experienced outages on Friday morning, impacting Lloyds Bank, Halifax, TSB, and Bank of Scotland apps, disrupting transactions on payday, highlighting over-reliance on technology.
Widespread UK Banking App Outage Disrupts Payday Transactions
Thousands of UK banking app users experienced outages on Friday morning, impacting Lloyds Bank, Halifax, TSB, and Bank of Scotland apps, disrupting transactions on payday, highlighting over-reliance on technology.
Progress
44% Bias Score
Affirm Expands BNPL Service to Debit Cards Through Partnership with FIS
Affirm partnered with FIS to offer its pay-over-time service to banks and their customers, expanding its BNPL offering from credit to debit cards, aiming to reach 230 million debit card users in the U.S. and leveraging its 21 million active users and recent profitability.
Affirm Expands BNPL Service to Debit Cards Through Partnership with FIS
Affirm partnered with FIS to offer its pay-over-time service to banks and their customers, expanding its BNPL offering from credit to debit cards, aiming to reach 230 million debit card users in the U.S. and leveraging its 21 million active users and recent profitability.
Progress
48% Bias Score
KBW Initiates Outperform Rating for Strategy (Formerly MicroStrategy) on Bitcoin Strategy
Keefe, Bruyette & Woods initiated an outperform rating for Strategy (formerly MicroStrategy) with a $560 price target, citing its 74.3% 2024 Bitcoin yield, exceeding the 2021 record of 47.3%, and potential S&P 500 inclusion following the adoption of the new FASB accounting standard.
KBW Initiates Outperform Rating for Strategy (Formerly MicroStrategy) on Bitcoin Strategy
Keefe, Bruyette & Woods initiated an outperform rating for Strategy (formerly MicroStrategy) with a $560 price target, citing its 74.3% 2024 Bitcoin yield, exceeding the 2021 record of 47.3%, and potential S&P 500 inclusion following the adoption of the new FASB accounting standard.
Progress
48% Bias Score
Showing 37 to 48 of 69 results