June 2022

Stockholm, June 22, 2022 -- Moody's Investors Service (Moody's) today affirmed the Ba2 family of companies (CFR) rating and the Ba2-PD probability of default (PDR) rating of Hapag-Lloyd AG ( "Hapag-Lloyd"). The senior unsecured…

Some air conditioner repair shop workers say people pay extra money to get the job done sooner. WOODBURY, Minn. — If you like the heat, this week is made for you. While it was…

On Tuesday June 21, the UK Payments Systems Regulator (PSR) detailed plans for two market reviews it will carry out focusing on card fees. One will look at scheme and processing fees, and the other will look at cross-border interchange…

top story Supermarket sales have fallen 1.9% over the past 12 weeks, despite inflation hitting its highest level since 2009. On-the-go grocery sales fell 1.9% in the 12 weeks to June 12, according to the latest Kantar on-the-go grocery…

While US consumers can choose from a variety of payment alternatives when purchasing goods and services, PYMNTS research found that the average US consumer used fewer than four payment methods in retail stores and restaurants over the past…

"While fixed rate pricing does not automatically change with changes to the Bank of England's base rate, the overall average two- and five-year fixed rates have also increased significantly over this period." At 3.25%, the overall…

To date, the cross-border payment fintech has established direct partnerships with all six major credit card schemes. HONG KONG, June 20, 2022 /PRNewswire/ -- PingPong, a leading provider of digital cross-border payments, recently entered…

LAVAL, QC, May 9, 2022 /PRNewswire/ - Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Company") (TSX: ATD) announced today that it has established a commercial paper program in the United States (the "Program of American commercial…

The gap between consumer demand for crypto payments and the lack of merchants supporting it is finally narrowing. When crypto spending statistically spends twice that of credit card spending, it's time for merchants to adapt to the…

TRIQ I-IMSIDA IL-GZIRA, MT /ACCESSWIRE /June 17, 2022/ Raketech (STO:RAKE) Raketech, the iGaming performance marketing partner, today announced that the company has extended its €15 million revolving credit facility with Avida Finans AB…

Cash is king, as the saying goes, but not many of us carry it around anymore. Instead, peer-to-peer (P2P) payment apps, such as PayPal, Venmo, and Zelle, bring the convenience of cash right to our phones. But what happens…

By Antiti Arponen, CEO of Pypl In a world that seems to be moving ever faster with new ideas and inventions, there is always a danger of being left behind. It's hard enough if you're used to having the latest smartphones…

The State Bank of India (SBI) has raised its deposit and lending rates. The move by the country's biggest lender came after the Reserve Bank of India (RBI) hiked the repo rate last week. Although this is a welcome announcement for SBI…

Penns Woods Bancorp (NASDAQ: PWOD – Get a rating) and First Community Bankshares (NASDAQ: FCBC – Get a rating) are both small cap finance companies, but which business is superior? We'll compare the two companies!-->…

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TAMPA BAY, Fla. – Cash is just a few clicks away with mobile payment or person-to-person payment apps. That convenience is part of the appeal for consumers like Clearwater consumer Frank Sarivola, who told ABC Action News that the app is…

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as "Credible", is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us…

Entain has reached an agreement to acquire Dutch sports betting and online gaming operator BetEnt, trading as BetCity, from Sports Entertainment Media. Under the agreement, Entain will pay an initial €300m (£257m/$313m) in cash upon…

The Punjab National Bank (PNB), the country's second largest public lender, has raised interest rates on term deposits of less than ₹2 crores. The bank released this announcement today, June 14,…

Something has to give. And that's going to be the price. By Wolf Richter for WOLF STREET. The average 30-year fixed mortgage rate rose to 6.18% today from 5.85% on Friday, according to the daily index for Daily Mortgage News.…

Bond yields hit a new 14-year high this week, fueling expectations that fixed rates will continue to rise. As we reported last week, the yield on 5-year Government of Canada bonds was already up, crossing the…

The CEOs of General Motors, Ford Motor, Toyota Motor North America and Chrysler's parent company Stellantis are lobbying Congress to increase the federal government's limit on the number of vehicles eligible for a tax credit, according…

Canadian payments company PaySprint announced in a Monday, June 13 press release the launch of what it called a "100% subscription-based" global money transfer and payment processing service. The service shares the company name. The…

New Jersey, United States,- Global "Inorganic Fixed Power Capacitors Market“ The report emphasizes on detailed understanding of some deciding factors such as size, share, sales, forecasted trends, supply, production, demand, industry and…

Interest rates have risen and are expected to continue to rise, leaving many borrowers to consider longer-term mortgage options that allow them to lock in a lower…

SMI offers a complete study of the "Fixed-Route Autonomous Vehicle Market" with all-inclusive information about vital factors and aspects that impact the future growth of the market. The report's segmentation analysis provided the…

Gateley, the legal and professional services group, hailed a "good performance above market expectations" in a business update for the year ended April 30, 2022. Revenue rose to around £137m, up 13% on the previous year (£121.4m), while…

Innovative Payment Solutions Inc (OTCMKTS: IPSI) is a low-float digital payment solution targeting the $100 billion remittance market that is rapidly climbing the rankings and getting noticed by investors. Currently trading at a market…

Butler says his makeover formula focuses on three basic actions: assess the situation, prioritize what needs to be done, then execute the plan.The first step was to talk to individual employees and observe operations in general. Butler…

Sundaram Finance is a well-known Non-Banking Financial Company (NBFC) with nearly 640 branches across the country. The Company's term deposits are currently rated “AAA” (highest credit quality) by…

Fixed-rate energy deals are becoming tempting again as the energy crisis hits households hard – but is it time to change or weather the storm a bit longer? Ofgem warned last week that the energy price cap could rise by 42% in October,!-->…

Scientists at the University of Texas have announced they've created a plastic-eating enzyme that could save billions of pounds of plastic from ending up in landfills.Now, if that phrase gives you deja vu, you're not alone. Science news…

For 10 million seniors, Social Security represents at least 90% of their income. On average, payments amount to just over $1,600 per month. HOUSTON — As consumer prices jumped 8.6%, according to the US Department of…

Public sector lender Central Bank of India has revised interest rates on domestic term deposits of less than ₹2 cr. The bank revised its interest rates today, June 10, 2022, and is currently…

A customer shops at a grocery store in San Rafael,…

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Year to date, US high yield fixed income returns have dominated most fixed income sectors. High yield has returned -7.7% year-to-date to May 31, according to the co-founder of BondBloxx Investment Management and CIO Elya Schwartzman in…

Global leader in lending solutions Full Skope partners with Boss Insights API platform to provide commercial lenders with leading access to financial data (accounting, banking, business, payroll and tax data)SAN ANTONIO and TORONTO, June 9,…

According to CanStar, "less user" households can save $120 or $240 with Octopus' no-fixed-fee offer He describes his initial standard fee as "very competitive" Octopus expects electricity market to be reformed, says it is unsustainable…

NEWPORT BEACH, Calif., June 09, 2022 (GLOBE NEWSWIRE) -- PIMCO, one of the world's leading bond investment managers, is expanding its lineup of actively managed bond exchange-traded funds with the addition of a new ETF that could help…

Alison Rose, CEO of NatWest © Bloomberg Alison Rose, chief executive of NatWest, said demand for mortgages "continues to be strong" and there were no "signs of stress" in the bank's…

News Release: NSAC Applauds Proposed Rule to Reform Poultry Tournament Payment System June 8, 2022 FOR IMMEDIATE RELEASE Contact: Laura Zaks National Coalition for Sustainable Agriculture…

COLOMBO (News 1st); The resolution to increase the credit limit from Rs. 3 trillion (3 trillion) previously approved by a resolution of Parliament under the Local Treasury Bills Ordinance, by another Rs. 1 trillion (1 trillion) has passed…

As a tool to drive efforts to achieve our goals, the Facility Interest Margin will be adjusted based on our ability to achieve well-defined progress on four strategic sustainability KPIs over a…

Over the past two decades, consumer preferences for cross-border payments have evolved, and more and more people are demanding convenience, speed, security and, above all, value for money, said Kaushik Sthankiya, chief commercial officer of…

Written by Penelope Graham It is becoming more expensive than ever to secure the security of a fixed rate mortgage – and increasingly, the best would-be borrowers now find themselves unqualified to even consider it as an option. As…

Retailer JD Sports, sporting goods company Elite Sports and Rangers Football Club have been provisionally discovered by Britain's competition watchdog for conspiring to fix the prices of Rangers club clothing. The Competition and Markets!-->…

55SHARESTo shareTweeter Apple has confirmed that "Tap to Pay on iPhone", a new feature that will allow businesses to accept Apple Pay and contactless payments using only an iPhone will be available in the United States at the end of the…

If there is one universal experience in everyday financial life, it is paying bills. And yet, although we've all gone online, most of us have written checks and measured cash flow against what's owed - and the experience is fragmented at…

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. A credit limit describes the amount of money…

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Credit limits represent the maximum amount a…

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Credit limits represent the maximum amount a…

Revolut's global banking app is working again after 'technical issues' caused several hours of downtime for some customers. App users took to Twitter to voice their concerns as the company's website showed reports of hundreds of outages…

Text size Shares of Affirm, which had traded around $170 apiece, are down 76% in…

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Credit limits determine how much you can spend…

NAIROBI, Kenya June 6 – Momentum Credit – a non-depository financial institution, has opened its 12th branch in Machakos County to continue offering working capital solutions to individuals and SMEs!-->…

A number of automakers have moved to a fixed-price business model in Australia. The outcome of a court case will set legal precedent for the auto industry and help determine how much money dealerships invest in their businesses to look…

Universal Credit consumers who are struggling to pay their bills may be awarded a government lifeline to help them out - but it has a catch. Although the benefit, among others, is designed to help those in need of financial assistance due!-->…

Average 30-year fixed mortgage rates fell slightly again this week, from 5.10% to 5.09%. This is the third consecutive week that this rate has decreased. Rates on 5/1 adjustable rate…

According to CEO Jim Farley, Ford will move to 100% online, fixed price, and delivered (to your door) sales for its electric vehicles. CEO Jim Farley says direct delivery and no bargaining is necessary for!-->!-->…

Shore Community Bank (OTCMKTS: SHRC – Get a rating) and Amerant Bancorp (NASDAQ: AMTB – Get a rating) are both finance companies, but which is the superior investment? We'll compare the two companies based on!-->…

Columbia Gas of Ohio proposes to triple its fixed monthly rate for natural gas By: Renée Fox | WOSU Posted on: Friday, June 3, 2022!-->…

Columbia Gas of Ohio is asking the Ohio Public Utilities Commission to approve tripling the fixed monthly distribution fee that 1.4 million customers pay before the cost of using natural gas is added…

The average 30-year fixed rate fell for the third week in a row, according to Freddie Mac, and now stands at 5.09%. For much of 2022, rates have been skyrocketing – but now appear to…

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. A home equity line of credit (HELOC) can be a…

Fixed income investments maintain wealth and provide passive income. Carl Solder through Unsplash; ClothContentsWhat is a fixed income security? A fixed income investment is an asset or security that provides its owner with regular!-->!-->!-->!-->!-->…

JTwo years ago, when Covid-19 was declared a pandemic, I had a strange sense of optimism. I wondered if this crisis was not one of opportunity rather than opportunism. When the pandemic hit, another global crisis was already raging. In…

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as "Credible", is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us…

Chipotle bets on cryptocurrencies. Purely digital payment network Flexa announced in a medium post on Wednesday, June 1 that the fast-food chain, which has more than 3,000 restaurants in five countries (and more than 2,975 in the United…

I am neutral on Rio Tinto (Rio) as its attractive dividend yield and strong recent results are offset by its cyclicality and lackluster demand outlook. Rio Tinto is a major global miner extracting primarily iron ore. The company also…

Payment cards are becoming more expensive as banks and other card issuers face shortages of computer chips, industry analysts say. Analysis published by industry research firm The Nilson…

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as "Credible", is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us…

With the Bank of Canada expected to continue raising its key interest rate through 2023, experts expect the spread between fixed and variable mortgage rates to narrow. If you're looking for a mortgage, here are some tips on what to…

June 1 (Renewables Now) - Bluefield Solar Income Fund Ltd (LON:BSIF) today announced that it has raised approximately £150 million ($189 million/€176 million) in gross!-->…