Category: Finance

A weekly roundup of the latest financial industry press releases from PR Newswire.

NEW YORK , September 23, 2022 /PRNewswire/ — With thousands of press releases released each week, it can be difficult to keep track of everything on PR Newswire. To help financial journalists keep up to date with the most important and popular news of the week, we have prepared a summary of the week's news.

The list below includes the titles (with links to the full text) and excerpts from each story. Click on the title of the press release to access media resources available for download.

The Rocket Mortgage Inflation Buster Program helps homebuyers survive higher costs through lower mortgage payments.
The Inflation Eradication Program gives homebuyers peace of mind by reducing their monthly mortgage payments by one percentage point in the first year of the loan.

Despite the severe downturn caused by Bain & Company's new report, investment in technology remains important.
Bain's third annual Technology Report shows that despite the current economic climate, technology will remain an important investment and a key driver of productivity in global business.

America's personal debt fell 25% in three years
American adults with personal debt had an average of $22,354 in mortgages at the beginning of the year, when inflation was rising, but before a recent spike.

Invesco is adding a new ETF to its fixed income portfolio, offering targeted participation in the historically neglected fixed income sector.
“Invesco offers a range of fixed income ETFs that aim to gain access to approximately 58% of the US fixed income market that is not covered by the overall US bond index,” said Jason Blum , Head of Strategy and Alternatives for Fixed Income. ETFs. in Invesco.

First Horizon Mortgage Launches New Diversity Scholarship Program
The Diversity Grant is designed to provide down payment assistance to borrowers who purchase a primary owner-occupied home in majority and minority census areas in a combined area assessed by the bank.

According to the New Profitability Financial Trends Survey, CFOs prioritize supply chain resilience in the face of inflation.
In addition, the survey shows that 72% of respondents' financial transactions experienced interruptions or delays in the past year due to supply chain issues, pandemic-related impacts, and/or inflation.

SkyBridge Capital Leads Metaverse Vulcan Forged Funding Round
This funding will further accelerate the growth of Vulcan Forged's patented metaverse-as-a-service engine, MetaScapes, and allow the company to scale operations in North America and existing key markets.

Social entertainment streaming platform Clover Inc. SPAC has teamed up with FoxWayne Enterprises Acquisition Corp.
Clover has a growing user base of over 9 million, with almost 90% of users between the ages of 18 and 39. Clover plans to launch virtual reality dating (“virtual reality”) and virtual reality live streaming in the third quarter of 2023.

House prices fall for the second month due to the weakening of competition
Affordability drives market momentum: low-cost markets remain competitive while prices fall fastest in the most expensive markets and markets that experienced the biggest jumps during the pandemic.

Concerns about inflation hastened the emergence of a new tool for Edward Jones' team.
Financial services firm Edward Jones provides its nearly 19,000 financial advisors with interactive tools and secure loan options to help clients cope with complex financial needs and changing market conditions.

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View original content for media download: https://www.prnewswire.com/news-releases/this-week-in-finance-news-10-stories-you-need-to-see-301631799.html

News feed PR SOURCE

Get money from the bank!

Pune (Maharashtra) [India], September 21 (ANI/NewsVoir): Bajaj Finance Limited (BFL), the lender arm of Bajaj Finserv Limited and India's largest diversified NBFC, is poised to make shopping more enjoyable for its customers. This holiday season. From September 23-30, 2022, Flipkart's Big Billion Days sale will allow customers to purchase various products with attractive offers and discounts. In partnership with Flipkart, Bajaj Finance has made purchases cheaper for their customers by offering easy financing with no fees, flexible terms for easy payments and no upfront payments.

This partnership with Flipkart will provide Bajaj Finance customers with a convenient way to pay with an EMI network card. Buyers can now convert purchases to EMI using a network EMI card at no charge. Therefore, customers can take advantage of all Big Billion Days offers and purchase and pay for items such as tools, equipment, gadgets, electronics, clothing and more on AMEs. EMI cards function like pre-insured loans. It doesn't come with any hidden fees, and best of all, refunds are made via EMI at no cost, meaning no added benefits.

Bajaj Finance customers can call without answer to get a link to the app (https://play.google.com/store/apps/details?id=org.altruist.BajajExperia & shortlink = 3a & c = FK_Ecom_FK & pid) . = E%20Com) and view your card by following a few simple steps – Click the "EMI" icon on the top right, enter your date of birth, press "View" to see the EMI card number and enter their OTP, the mask number shown for the MMI card .

The EMI Network Card can be easily added to the Flipkart payment page by following the steps below. First find and click Payment Options, then click Add New Card Add your Bajaj Finserver EMI card. Finally, fill in the fields for the card number, expiration date, and name on the card. Enter any future values ​​in 2030 (30/01).

In addition, to take advantage of the EMI No Payment option, customers can select EMI No Payment as the payment method when adding products to their shopping card. Then select "Bajaj Finserv EMI" and select the appropriate ownership and enter the details of the EMI network card and enter the one-time password on the registered mobile number. After entering the required details, you can complete the transaction by clicking "Submit Application".

Bajaj Finance customers can choose the most convenient term for paying the amount via the AMI Network Card. In addition, customers can withdraw the loan at any time without additional fees. EMI cards allow consumers to purchase additional products with easy EMI payments when shopping online.

Click for more details – (https://www.flipkart.com/big-billion-days-store?affid=bajajfinserv & affExtParam1=DPR).

Bajaj Finance Limited, the lending arm of Bajaj Finserv Limited, is one of the largest non-bank financial organizations in the Indian market serving 58 million clients. The Pune-based company offers consumer sustainability, lifestyle financing, digital product financing, personal loans, asset backed loans, small business loans, wallets, co-branded credit cards, two and two, three wheelers and commercial loans. . / Small and Medium Business Loans, Secured Loans, Rural Finance including Gold Loans and Car Repair Loans with Fixed Deposit. Bajaj Finance Limited has the highest national credit rating of AAA/Stable for long-term loans, A1+ for short-term loans and CRISIL AAA/Stable and ICRA AAA (Stable) for its FD program. The long-term issuer has a positive BB+/ rating and a short-term B rating from S&P Global Ratings.

Visit (https://www.bajajfinserv.in) to find out more.

This story was reported by NewsVoir. ANI is not responsible for the contents of this article. (Annie / NewsVoir)

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(This story was not edited by Business Standard staff and comes directly from a shared feed.)

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