jav

https://ift.tt/AB8y6It BIAN, the independent not-for-profit association, is today announcing its Open-Source Specification tool. Financial Services

https://ift.tt/tKURY3P ETP provider GraniteShares is responding to growing demand with the launch of 23 new products including the first Spotify and MicroStrategy 3xLong and 3xShort ETPs listed on the London Stock Exchange. The latest launches in London offer investors access to a wide range of opportunities across US technology, Chinese technology, electric vehicles and crypto

https://ift.tt/Vh0P2jN Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts. The controversy was sparked by statement issued by PayPal Holdings earlier this week which suggested that its users could be fined up to $2,500 for publishing misinformation.

https://ift.tt/XgEim9H Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares in the business tumbling 12% to 184.2p. During the six months to September the company made an adjusted operating loss of £219

https://ift.tt/ZD8or40 Copper Street Capital, the private equity investor focused on lower mid-market European financial services, has invested in regulatory consultancy group, Thistle Initiatives Group Limited. Founded in 2012, Thistle Initiatives Group has grown into a multi-award-winning regulatory consultancy, providing expert regulatory advice and support for a vast and varied client base of UK and international

https://ift.tt/7cD9Nx5 Webb Fontaine (www.WebbFontaine.com), one of the leading providers of AI-powered trade technology and customs facilitation solutions to governments, announces Executive Leadership changes. Pascal Minvielle has been appointed Chief Operating Officer (COO). In his new position, Pascal will be responsible for the operations of Webb Fontaine and will oversee the planning, implementation, management, and oversight

https://ift.tt/xpRdLAv Smart money app Plum has secured £1m from investors in the first eight hours of its crowdfund, achieving its initial target. More than 3700 people have invested so far, from nationalities spanning the UK, Greece, Cyprus, France, Bulgaria, Belgium and Spain. Further share allocation has been made available and crowdfunding is still open to

https://ift.tt/IBb8TpG Research released today by Commonwealth Bank shows the extent of scams in Australia, with three in five (60%) Australians reporting they have personally been a victim of a scam, or know someone who has. The CommBank study looked at Australians’ attitudes towards scams, how they would feel if they were victim to a scam,

https://ift.tt/RK7ZUYV Over the past few decades, nearly every industry has felt the impact of technology disruptors – and traditional banks are no exception. The introduction of fintech has revolutionized modern banking by providing efficiency, lower costs and more user-friendly services at users’ fingertips via their smartphones and computers. In 2021, record levels of funding poured

https://ift.tt/H0SNro6 Plus, a look inside Porsche’s complex governance structure and Lazard goes into politics Financial Services

https://ift.tt/dAUETlO Friday:• At 8:30 AM ET, Retail sales for September will be released.  The consensus is for a 0.2% increase in retail sales. • At 10:00 AM, University of Michigan’s Consumer sentiment index (Preliminary for October). Financial Services

https://ift.tt/8DZRHI0 Financial wellness benefit platform for employees Northstar has raised $24.4 million in a funding round joined by PayPal Ventures and Thomson Reuters Ventures. GGV Capital led the round, with participation from Canvas Ventures, M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE. Northstar’s financial wellness programme combines a set of tools and

https://ift.tt/tsHIceu The consumer credit arm of Italian investment bank Mediobanca Group has made two fintech investments designed to boost its BNPL operations. Mediobanca’s Compass unit has acquired Italian fintech Soisy and bought a 19.5% stake in Swiss outfit HeidiPay. Founded in 2017, Soisy specialises in the granting of special purpose loans for the purchase of

https://ift.tt/lEt0VeC The launch of Canada’s Real-Time Rail (RTR) payments system has been pushed back from the middle of next year to an as yet undetermined date. In a delivery roadmap update, Payments Canada, which is leading the project, says an extension will “provide additional time to validate and test the components and end-to-end integration of

https://ift.tt/71vWADb Bank of America’s AI-powered chatbot, Erica, has passed the one billion client interactions mark, helping nearly 32 million customers since launching in 2018. At launch, the virtual assistant helped users with a host of simple transactions such as money transfers and balance enquiries. It has since added more sophisticated features. Customers have viewed 37

https://ift.tt/I5D6XrO (Photo by Robert Alexander/Getty Images) Getty Images Last night, Victoria’s Secret SCRT (VSCO) unveiled a new strategic growth plan designed to strengthen the company’s core, ignite growth and transform its foundation. The elements of this plan, which VSCO communicated at its Investor Day held earlier today, include increasing market share in its key categories

https://ift.tt/fMl87eF Cash injection of $400mn for studio behind ‘Top Gun: Maverick’ defies gloom in public entertainment groups Financial Services

https://ift.tt/OLdzUaR Broadcom’s dividend payments have grown almost 30-fold in the last 10 years. Getty Images Social security recipients are getting some relief from rising inflation next year with an 8.7% raise to their monthly payments, the Social Security Administration announced Thursday. It’s the largest cost-of-living adjustment since 1981, but if you are an investor looking

https://ift.tt/HKmp7MD Close-up computer screen with financial data. Multiple exposure photo. getty Key Takeaways The yield curve shows the yield of bonds compared to their maturity lengths. Typical yield curves see long-term bonds have higher rates than short-term bonds. In recent months, the yield curve has inverted, with long-term bonds paying less than short-term bonds. This

https://ift.tt/WBhi6RN Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report released today from economist Jiayi Xu: Weekly Housing Trends View — Data Week Ending Oct 8, 2022. Note: They have data on list prices, new listings and more, but this focus is on inventory. • Active inventory continued

https://ift.tt/ZGrbR4c Screw and bolt supplier Fastenal FAST (FAST) reported quarterly earnings this morning that exceeded expectations. The stock is trading up 3.5%. There is an ex-dividend date coming up in less than two weeks on October 26 for a $0.31 per share payout. If you don’t own FAST, a buy write looks attractive today and

https://ift.tt/l24eV5s Losses at university’s $51bn endowment could widen as private equity and venture capital funds cut valuations Financial Services

https://ift.tt/r1cVqFp Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the

https://ift.tt/OjyrFT3 NorthOne today announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business banking and financial management platform across all sectors of the small business community. NorthOne is a financial technology company, not a bank. Banking services

https://ift.tt/5T3HhPt YuLife, the tech-driven financial services brand on a mission to inspire life, today announced that funds and accounts advised by T. Rowe Price Associates, Inc. have joined as investors in the company, having participated in YuLife’s recent Series C funding round. The investment, along with YuLife’s existing investors, will support the company in its

https://ift.tt/toA3ljU Apple has joined forces with Goldman Sachs to add a high-yield savings account feature to its credit card. Apple Card users will be able to automatically deposit their Daily Cash cashback rewards into the new savings account, set to roll out in the next few months. There will be no fees, no minimum deposits,

https://ift.tt/Q8x1ozJ Today’s CPI inflation numbers will do little to reassure the Fed ahead of their next meeting. (AP … [+] Photo/Manuel Balce Ceneta, File) Copyright 2022 The Associated Press. All rights reserved. Today’s CPI inflation report saw 0.4% month-on-month inflation for September. Similar to the recent spike in wholesale prices for September, inflation is not

https://ift.tt/jWoUuie Tifin, the fintech platform known for Magnifi, it’s award-winning investment marketplace, today announced the launch of their new premium subscription Magnifi Personal, aimed at helping investors without enough time or knowledge to build and grow their portfolios with intelligence. New and existing Magnifi investors can now upgrade to a Magnifi Personal personal plan and

https://ift.tt/Rqt3b08 Today, in the Calculated Risk Real Estate Newsletter: House Prices to National Average Wage Index A brief excerpt: One of the metrics we’d like to follow is a ratio of house prices to incomes. Unfortunately, most income data is released with a significantly lag, and there are always questions about which income data to

https://ift.tt/29CEcek It’s been a challenging year for the stock markets, with the S&P 500 down 20% year to date and the Nasdaq Composite off by 30%. However, a few stocks have held up relatively well, and one of those is Franklin Covey. It’s roughly flat for the year. In a recent interview with ValueWalk, Kevin

https://ift.tt/dCO9NXj The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.7% in September. The 16% trimmed-mean Consumer Price Index increased 0.6% in September. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by

https://ift.tt/QGi0LSE State Street Corporation (NYSE: STT) announced today that TradeNeXus, a GlobalLink digital platform for foreign exchange transactions and an integral part of State Street’s Digital Division, has partnered with Capitolis, the technology company reimagining capital markets, to launch an automated post-trade solution to optimize portfolios. This product culminates an ongoing collaboration to integrate TradeNeXus’

https://ift.tt/iIKozRJ Stephanie Wolf, Head of Global Financial Institutions, Governments and Business Banking Sales for GTS, Bank of America joins FinextraTV at Sibos 2022 to discuss the issues facing the industry and Bank of America’s latest innovation in APIs. Sponsored | what does this mean? This content has been created by the Finextra editorial team with

https://ift.tt/yTYZ0sU getty getty Trading is not investing and vice versa. However, both can help the other. When I see a big fat trading signal for a stock, I’ll go look at that stock and see if it makes a good investment. The trouble with tried and tested trading signals is that better be your own,

https://ift.tt/DogzqTm Yellow canary on its perch getty Miners used to keep canaries in their mines because the bird had very fragile lungs and when the air became toxic the bird would fall off its perch dead, long before the miners would start to collapse. This brutal but effective alarm system is now synonymous with the

https://ift.tt/RhClWIy China Last Night KraneShares Key News Asian equities were down on light volumes in advance of today’s US CPI print, with Thailand on holiday. The Asia dollar currency index gained as the US dollar slid slightly overnight. At the same time, China’s renminbi (CNY) fell somewhat versus the US dollar as it nears what