Global stocks staged a ferocious rebound from the war-induced rout, with European equities notching the biggest rally since the pandemic bottom in March 2020 and U.S. shares jumping the most intraday since November of that year. Oil sank more than 10% and Treasuries dropped. Dip buyers powered the S&P 500 […]
Financial
Newtek Business Services Corp. Reports Full Year 2021 Financial Results
Newtek Business Services Corp. Achieves Record SBA 7(a) Loan Fundings of $198.0 Million in the Fourth Quarter and $560.6 Million for the Full Year 2021 BOCA RATON, Fla., Feb. 23, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp. (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company […]
Walmart Board Director: Crypto’s Potential Goes Beyond Financial Services
Tom Horton is on the board at Walmart and Blockchain.com and is a partner at investment fund Global Infrastructure Partners and at General Electric “I see blockchain technologies as another great enabler, much like the internet was in its early days,” Horton said Crypto financial services firm Blockchain.com is no […]
Financial Statements : Budget vs. Actual
Business planning is a vital part of maintaining and expanding your company. The finance department as well as business owners and department head spend an inordinate amount of time preparing, revising and approving the company’s budget for each fiscal year. Of course, the process of financial management does not stop […]
Despite Lingering Pandemic, Financial Market Volatility, and Geopolitical Concerns, Startup Sentiment Remains Resilient
86.4% of Entrepreneurs See Business Conditions the Same or Getting Better Startup Sentiment Trending Up in January 2022 Startup Sentiment Trending Up in January 2022 NORFOLK, Va., Feb. 02, 2022 (GLOBE NEWSWIRE) — As headlines roiled with the threat of yet another Omicron variant, a potential invasion in Ukraine, and […]
Personetics Secures Over $160 Million in 2021 and Accelerates the Global Expansion of its AI-Driven Personalization and Engagement Solutions for Financial Institutions With $85 Million Investment From Thoma Bravo
– Over 120 million bank customers are now ‘self-driving’ their finances with Personetics’ Engagement Platform and improving their financial well-being – Personetics’ Engagement Platform has generated over 6.5bn insights and saved for customers utilizing its business solutions over $500m – Personetics partners with over 80 financial institutions in 30 global […]
Majority of SMEs say financial integrations increase their efficiency
– Research shows SMEs welcome Open Finance. – These businesses believe it’s more important for financial apps to integrate with their accounting software than their bank account. – New report explains why Open Finance regulation must prioritise the right data for SMEs. LONDON, Jan. 19, 2022 /PRNewswire/ — New research […]
Intel Names David Zinsner Executive Vice President and Chief Financial Officer
SANTA CLARA, Calif., January 10, 2022–(BUSINESS WIRE)–Intel Corporation today announced that David Zinsner has been appointed as the company’s executive vice president and chief financial officer (CFO), effective Jan. 17, 2022. Zinsner has more than 20 years of financial and operational experience in semiconductors and manufacturing, including most recently as […]
Ken Griffin, financial prodigy turned industry giant
Nearly four decades ago, the South Florida Sun-Sentinel profiled three precocious members of the Boca Raton Community High School’s computer club. While their classmates were shooting hoops, the “disc-drive driven trio” were prepping for a problem-solving competition with other Palm Beach geeks later that month. It is unclear what happened […]
Metaverses with top in-house rules will be the most successful ones as people look for where to live their best virtual lives, a crypto boss says | Currency News | Financial and Business News
Thinkhubstudio/Getty Metaverse companies that set solid codes of conduct will likely attract the most users, CoinFlip’s CEO said. Ben Weiss said any new regulations for crypto are unlikely to hold back the growth of the metaverse. Tax regulations and other rules that apply in the real world will also apply […]