DeFi Market – Technology & Vendor Assessment (Vendor

Pune, May 06, 2022 (GLOBE NEWSWIRE) – Decentralized finance uses cryptocurrency and blockchain systems to effectively manage financial transactions that include a slew of banking transactions. In the recent era, many trading, banking, and lending activities are proficiently handled by centralized tools and operated by state authorities. Moreover, use of decentralized finance has reduced dependence … Read more

Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans

Just look at mortgage rates. At the beginning of 2022, the average interest rate on a 30-year mortgage hovered above 3%. Today it stands at 4.72%, according to Freddie Mac. That translates into sharply higher borrowing costs for Americans looking to buy a home — and it is only the beginning. For the better part … Read more

Alternative Fixed-Income ETF Strategies for Challenging Market Conditions

Exchange traded fund investors can look to the alternative income category to help make the best risk return trade-off to meet their income needs. In the recent webcast, Enhance Your Fixed Income Portfolio with Rising Rate Strategies: Senior Loans and Securitized Debt, George Goudelias, Head of Leveraged Finance, Senior Portfolio Manager, Seix Investment Advisors; Nicodemus … Read more

Drowning in data and not a drop of insight: Making sense of big data

When it comes to managing data, smaller financial institutions like regional banks and credit unions are not lacking the resources of larger banks, they are often drowning in data. For many, the challenge in utilizing data lies in knowing where to start, said Anne Legg, author of the book “Big Data / Big Climb: A … Read more

Peruvian startup Leasy secures $ 17M in debt, equity to provide auto loans to LatAm ride-hailing drivers – TechCrunch

Leasy, a startup that offers automobile financing to ride-hailing drivers in Latin America via a subscription model, has secured $ 2 million in equity and $ 15 million in debt. Italian-born Gregorio Gilardini and Alejandro Garay, who hails from Spain, met in Peru several years ago and discovered they both had an interest in using … Read more

Stock Markets Rally on Fed’s Rate Hike – Which Stocks Might Do Best Under Higher Interest Rates?

jetcityimage / iStock.com The Federal Reserve’s move on May 4 to raise its benchmark interest rate by a half-percentage point was greeted with wild applause on Wall Street, with stocks rising sharply on the hope that the hike can tame inflation while also helping the US avoid a recession. Discover: 27 Ugly Truths About RetirementMore: … Read more