Latest Financial Services News & Archive

Disrupting At-Home Cardiac Care: SHL Telemedicine Announces Initial US Rollout of SmartHeart Membership Program

SHL Telemedicine is poised for growth as it advances Direct-to-Consumer Operations in the U.S.

Video Shows German Minister 'Fascinated' By Ease Of Using UPI Payment In India

A man in a facemask rides pastshuttered shops in a commercial area of Bangalore, India's IT hub

More than 75% of all retail digital payments in India are now made through UPI, a PwC India report has revealed.

Moody's Downgrades Banks, Affirms US Recession Forecast

People walk past a Capital One banking center in New York's financial district

Moody's Investor Service Inc. is putting the United States banking system on notice.

Lawsuit Accuses Coinbase CEO And Other Executives Of Using Insider Information, Avoiding $1B Loss

Coinbase dismissed the lawsuit and called it a "meritless" claim.

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Visa Wants To Expand Role In Crypto, Reveals It's Working On Multiple Stablecoin, CBDC Intiatives

"It's very early days, but we continue to believe that stablecoins and central bank digital currencies have the potential to play a meaningful role in the payments space, and we have a number of initiatives underway," Visa CEO Kelly revealed.

Practice financial self-compassion to keep emotions out of your money moves.

How to Deal With the Emotional Side of Money

Break through money taboo and unhealthy spending patterns to make the best use of your hard-earned money under the guidance of a trusted financial advisor.

Credit score affects your chances of securing loans, credit card, and even some job opportunities.

Does Your Credit Profile Affect Your Life Beyond Loan and Credit Card Applications?

An insight into what a credit score is, how it affects your professional and personal life, factors that could tank your credit score, and how to check your credit score for free.

Are You Stuck With Monthly Minimum Payments? Repay Your Credit Card Bills Faster Using AI

Paying monthly minimums for your credit card could take years to repay and cost you way more than what you owe. Here's how to save money on high interest rates and create a smart debt repayment plan.

Mobile Banking On The Rise, Thanks To Tech-Savvy Millennials

Financial firms hoping to remain successful will need to focus more closely on a new generation of tech-savvy customers.

Get A Bigger Tax Refund In 2016 By Claiming These Credits And Deductions

Between holiday parties and travel plans, bulk up your 2015 refund by taking advantage of these year-end tax strategies.

ISIS Funding Sources 2015: How Islamic State Paid For Paris Terror Attack Guns, Ammunition, Suicide Vests

The attackers used prepaid credit cards to finance much of the assault.

India's Tata Group Strikes Agreement To Tap China's ICBC For Loans, Financial Services

The $109 billion conglomerate is turning to the Industrial and Commercial Bank of China to support its ambition to become one of the world's most valued businesses.

S&P Cuts Credit Ratings Of 8 Large US Banks As Federal Reserve Rethinks Bailouts

The credit rating agency's move comes amid growing uncertainty over whether the U.S. Federal Reserve will prop them up in a crisis.

Yellen 'Looking Forward' To Interest Rate Hike As Fed Mulls December Liftoff

The Federal Reserve chair said U.S. economic headwinds should ease next year, but the Fed will keep interest rates below historic levels for a while.

Puerto Rico Debt Crisis 2015: Will San Juan Default On Bond Payment? Governor Alejandro Garcia Padilla To Announce Decision

Politicians, labor representatives and other leaders were set to gather in Washington Wednesday to demand Congress take action on Puerto Rico's debt crisis.

Morgan Stanley Said To Eye Major Job Cuts In Bond Trading Division

The investment bank is gearing up to fire as many as one quarter of the employees in its flagging fixed-income division, Bloomberg reports.

Europe’s Aberdeen Asset Management Takes A Hit As Investors Pull Out; Shares Fall

As investors distance themselves from the turmoil in emerging markets this year, Europe's third-largest publicly traded money manager asked shareholders to wait out the "tough times."

Cyber Monday Deals May Save Money, But Experiential Gifts Provide Greater Benefits For Givers And Recipients

Retail trends have been shifting in the U.S. recently and as Cyber Monday deals heat up, more people are considering experiential gifts, like fine dining.

Small Business Saturday: American Express Cuts Credit Incentives For Shopping Locally

American Express decided to discontinue its incentives for Small Business Saturday with this year's sales expected to again top $14 billion.

Small Business Bank Loans: Declining Interest Could Hurt Economy's Biggest Jobs-Creating Sector

Entrepreneurs are being forced to turn to high-interest sources as larger banks refuse them loans.

Student Loan Debt 2015: Income-Share Agreements Let Investors Buy Stock In Students, Could Be New Way To Pay For College

As U.S. college students amass record levels of debt, now could be the time for income-share agreements to take hold as an alternative to private student loans.

Banker Bonuses: Despite Weak Earnings, Boards At Top European Banks Will Give Big Payouts To Keep Top Executives

Europe’s top investment banks are restructuring, but one thing won’t change: Bonuses for their top executives will rise.

How New Age Finance Is Changing India, From Saving Up For The Football World Cup To Building A Bangalore Startup

Indians are turning to Internet-based financial services to locate investments and loans beyond banks. This trend will only grow.

Citic Securities Signboard, Beijing March 27, 2013

China Securities Body Finds $166 Billion Error In Citic Securities Reports

Citic says the error was caused by a system upgrade, and the figures were amended at the beginning of this month.

Student Loan Default Action Plan: 3 Things To Do If You Can’t Pay Your Loans

Borrowers who fall behind on payments may have more options than they realize, as long as they are proactive.

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VIDEO: Cash Is King For American Holiday Shoppers

Americans don't trust mobile payments. Most say, they'll use cash or debit cards for their holiday shopping, according to a study from Bankrate.com.

Can Apple Inc. Survive The iPhone? Shift To Lower-Margin Services May Not Please Investors

The smartphone's success made Apple the world's most valuable company, but the device's slowing rate of sales growth will force its maker to reinvent itself.

Mama June Weight Loss Update: ‘Honey Boo Boo’ Star Back In Jeans, Shows Off Trimmed Down Waistline At LAX

The former “Here Comes Honey Boo Boo” star has reportedly been on her latest weight loss journey since March.

ABN Amro IPO: Bank Heads Back To The Market With $17.8B Valuation After 2008 Collapse

The bank's Friday listing is the largest European bank IPO since the 2008 financial crisis.

China Financial Crackdown: Police Shut Down Nation’s Largest Underground Bank

Chinese authorities have come down hard on underground financial networks used by people to circumvent the country's strict overseas money transfer rules.

EU Targets Bitcoin, Anonymous Currency In Fight Against Terrorist Financing

Bitcoin is the most popular form of digital cryptocurrency, with users able to transact in relative anonymity.

Volkswagen Emissions Scandal: Australian Firm Files $72M Lawsuit; Audi Says US Sales Undiminished

Meanwhile, the head of Audi of America said that the emissions scandal had not diminished sales of its vehicles in the United States.

Wall Street Ends Up Sharply After Fed Minutes

U.S. stocks closed with gains of more than 1 percent on Wednesday after minutes from the Federal Reserve October meeting showed a solid core of officials rallied behind a possible December rate hike.