Ant International Partners with Brazil to Boost Financial Inclusion with Credit Tech
Ant International, a leader in digital payments and financial technology, announced a strategic initiative to bring AI-driven credit technology solutions to Brazil. This effort aims to empower local partners and advance financial inclusion in the region. As a key step,…
First Trust Specialty Finance Fund Reveals Shareholder Vote Results on Merger with abrdn Total Dynamic Dividend Fund
The First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) announced the results of its special shareholder meeting held on August 29, 2024. Shareholders were asked to vote on a proposal to reorganize the Fund with the abrdn Total…
FHLBank Chicago Hosts Meeting on Housing Solutions for Illinois’ 6th District
The Federal Home Loan Bank of Chicago (FHLBank Chicago) recently hosted a key meeting to address housing needs in Illinois and Chicagoland. The event, held at Union Avenue Apartments in Orland Park, brought together U.S. Congressman Sean Casten (IL-06), IFF,…
Sikich CEO Chris Geier Recognized as a 2024 Managing Partner Elite by Accounting Today
Sikich, a prominent global technology-enabled professional services firm based in Chicago, has announced that CEO Chris Geier has been named one of Accounting Today’s 2024 Managing Partner Elite (MP Elite). The MP Elite recognizes leaders who excel in navigating today’s…
Interconnect Mortgage Teams Up with Calque to Introduce The Trade-In Mortgage
Interconnect Mortgage, based in Palm Beach Gardens, Florida, has partnered with Calque to offer ‘buy before you sell’ loan solutions in Florida, Georgia, South Carolina, Virginia, and Michigan. This collaboration combines the strengths and resources of both companies to deliver…
AM Best Reaffirms Credit Ratings for Genesis Global Insurance (SAC) Ltd.
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) for Genesis Global Insurance (SAC) Ltd. (Genesis), based in Nassau, Bahamas. The outlook for these ratings is stable. These ratings…
Redfin: $80,000 Needed to Afford Typical U.S. Starter Home, Near Record High
According to a Redfin report, the monthly payment for a typical U.S. starter home reached $1,981 in July, a 4.4% increase from the previous year. This means homebuyers need an annual income of $79,252 to afford a starter home, also…
Andersen Global Expands African Platform with New Investment Banking Capabilities
Andersen Global is enhancing its multidisciplinary platform in Africa by adding investment banking and M&A capabilities through a Collaboration Agreement with Nigeria-based Boston Advisory Limited. Boston Advisory Limited is a leading investment banking firm offering a wide range of services…
Securian Financial Expands Digital Lending Reach Through Strategic Partnership with Fintech Aven
Securian Financial is strengthening its presence in the digital lending market through a strategic partnership with Aven, a fintech company that offers the Aven Home Card, a consumer credit card backed by home equity. As part of this partnership, Securian…
Citigroup Announces Complete Redemption of Series U Preferred Stock
New York – Citigroup Inc. has announced the full redemption of all $1.5 billion in aggregate liquidation preference of its Series U Depositary Shares, which represent interests in the 5.000% Fixed Rate / Floating Rate Noncumulative Preferred Stock, Series U…
Mastercard and CAIT Launch National Cyber Resilience Campaign for Small Traders
Building on their decade-long collaboration to empower small traders and merchants in India through digitization, Mastercard and the Confederation of All India Traders (CAIT) have announced a nationwide campaign titled ‘Surakshit Vyapari, Safal Vyapar’ to boost cyber awareness and hygiene…
SmartMetric: Fingerprint Credit Cards Are Safer Than Regular Cards
SmartMetric, Inc. (OTC: SMME) highlights the growing importance of credit card security in a digital transaction era. While traditional credit cards offer convenience, they are increasingly vulnerable to fraud and theft. Enter a new generation of fingerprint biometric-activated credit cards,…