Credit union is approving more loans to members and streamlining lending processes
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- The agreement opens the door to a vast and growing market with excellent potential.
- The agreement will cover commercial products, consumer and corporate cards, as well as mobile payment systems.
Summary: The Dollar Index (USD/DXY) dipped 0.23% to 96.05 (96.25 Friday) despite a higher US inflation report compared with the previous month. On an annual basis the US November Headline CPI rose to 6.8% from 6.2%. It was this largest annual gain in 39 years. While the key inflation gauge was higher than the previous month, it was in line economist’s median expectations at 6.8%. Markets settled in Friday afternoon New York trade ahead of key central bank policy meetings this week.
Inflation in the USA is at 6.8%. Gosh, that is a disaster that is already here.
It is the case that we warned inflation was not transitory and would become a major problem, in June. When absolutely every investment bank and economists was sure it was transitory. Part of the justification was because the Fed said so. That is the only reason the RBA said it too. Why do we pay for a research department at the RBA?
- Covid contortions
- Price pressures
- China’s property woes
- Russia-Ukraine tensions
- Post-Brexit relations
Susannah Streeter senior investment and markets analyst, Hargreaves Lansdown:
Covid contortions
Deep data management expertise combined with a proven business development background
Joins executive management team
Spearheading Reformis' 2022 ambitious global growth plans
Beadle will oversee the launch of new business savings and lending products
Paul Beadle has been appointed as Head of Communications for Recognise Bank, one of the UK’s newest fintech challenger banks, which launched just over a year ago to serve the country’s small business sector, as well as offering personal and business savings products.
Simply Payments, the Scotland-based payments specialist has today announced their partnership with Gala Technology, to support the growth on their business by expanding their range into Card Not Present Payment channels.
- Insurtech companies have attracted another record level of investment, with investment in insurtech start-ups exceeding the US$10 billion mark for the first time in any one year on record, according to 2021 Q3 data