Hints and tips:
...Biz2Credit also has a separate partnership with the Saudi credit bureau Simah/Qarar and is also aiming to expand there....
...It limits credit risk and is available on the exchange.”...
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Bureau of Labor Statistics data show prices for used cars and trucks are up 26 per cent from last year. New-vehicle prices are also at an all-time high, according to research from Kelley Blue Book....
...It has had to raise more than $1bn from its existing investors and tap credit lines from banks to shore up its financial position....
...But sales of the Ariens Ikon XD, featuring 20-inch tyres, a V-twin Kawasaki engine and ergonomic plush seat, have surged in the US during the pandemic....
...Who is underwriting the credit risk? Laura Noonan: For the most part banks are underwriting the credit risk, with a few exceptions....
...The US Census Bureau calculates that 4.4m households had no consistent access to education during the pandemic, many of them because they had no way to access online learning....
...The banks’ conference calls with analysts did, on the other hand, include some useful information about the state of the American consumer....
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...(FT) Artful leverage The Bryants have amassed one of the world’s greatest private collections of postwar American and German art, once valued at $300m. But the thing keeping it all together is debt....
...Another difference between Crédit Agricole and its competitors is paychecks....
...WPP will also reduce is planned capex from £400m to v£300m....
...We wind up teaming up with American Eagle, and I sell part of my business to American Eagle. And I got Urban Necessities inside American Eagle....
...The South American country will now delay $7bn of payments on short-term local debt due this year and will seek a “voluntary reprofiling” of $50bn of longer-term debt — much of it held by foreign investors...
...The “anti-steering” rules ban merchants from encouraging customers to use cheaper credit cards....
...It is to the great credit of EU competition commissioner Margrethe Vestager that she has not been cowed by such efforts. It will be interesting to see whether American regulators follow her lead....
...The town has about 11,000 residents, and nearly 20 per cent of them live below the poverty line, according to the Census Bureau, higher than the national average of 15 per cent....
...The Consumer Financial Protection Bureau found that 7m accounts had been affected by “deceptive” marketing....
...If Mr Dimon is still there in 2023, he will have served 17 years at the helm of the biggest American bank by assets....
...The US Department of Justice has launched a criminal investigation of the Equifax data breach that exposed personal information including Social Security numbers belonging to 143m Americans....
...A 2009 Supreme Court case involving prescription drug labels, Wyeth v Levine, greenlighted state laws that are stricter than federal laws....
...Equifax has rarely been a great friend of the American consumer....
...Thanks to a series of court rulings since the mid-2000s, such as eBay v MercExchange in 2007, Mayo Collaborative Services v Prometheus Laboratories in 2012 and Alice Corp v CLS Bank in 2014, and the subsequent...
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