KUALA LUMPUR, Malaysia, July 07, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, is pleased to announce the appointment of Mr. Alex S K Chua as Executive Director of VCIG and Chief Executive Officer of VCIG Singapore Office, effective July 7, 2025. Mr. Chua has resigned from his role as Independent Director and has ...

Fintech features:💵Cheaper = pool user deposits to negotiate lower fees and/or higher yields🏃Faster = optimize deposit & withdraw actions across partner banks & other sources of yield📲Easier = bundle complex deposit & withdraw flows into one click actions⚠️ Each feature comes w/ an extra layer of risk that the fintech company managesBridget (@bridge__harris):Most equity tokenization today is analogous to the Variable Interest Entity (VIE) structure used by Alibaba ($BABA) on US exchanges, where American inve ...

Company Overview - SoFi Technologies, Inc. (NASDAQ: SOFI) provides a range of lending and financial solutions, including loans, digital banking, and investing services, all built on a cloud-native platform [1] Subsidiaries and Services - Through its subsidiaries, Galileo and Technisys, SoFi offers payment and core banking systems to financial institutions [1]

I’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating investment content. I actively analyze publicly traded companies with a focus on business models, earnings performance, and competitive positioning. I also run a finance-focused YouTube channel called “The Market M ...

Following Successful Testing, August Rollout Brings Military-Grade Voice, Messaging, and Data Vault to Mobile UsersKUALA LUMPUR, Malaysia, July 02, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, today announced the official launch of Qsecore, a breakthrough encryption solution developed under its encryption platfo ...

Robinhood (NASDAQ: HOOD ) is no longer merely the insurgent retail broker that upended commission schedules in 2013; it is rapidly morphing into a global, capital-light personal-finance super-app. In the March quarter, the company earned $336 million in netI am a retired quant with a PhD in mechanical engineering. I started off my professional career as an engineer and eventually transitioned into a hybrid developer/quantative analyst role at the investment arm of one of the nation's largest insurance compa ...

NEW YORK, July 1, 2025 /PRNewswire/ -- Aquiline, a private investment firm specializing in financial services and technology, has closed its acquisition of SEI's Family Office Services business. As an independent company, the business will revert to its original name, Archway. After a strong period of growth under SEI's ownership, Aquiline is excited to support Archway with substantial new investment into product, customer experience, and talent. Archway also announced the appointment of several key executi ...

Core Insights - Upstart Holdings, Inc. (UPST) has experienced a significant rebound driven by investor optimism regarding its AI-driven lending platform and strategic execution [1] - The company is disrupting traditional credit models by utilizing machine learning for enhanced consumer loan underwriting [1] Valuation Concerns - Upstart currently has a Value Score of F, indicating potential overvaluation, with a forward 12-month Price/Sales ratio of 5.23, which is above the industry average of 3.86 [2] - This valuation premium has led to increased caution among investors, raising questions about the justification for the stock's recent surge [2] Technological Advancements - Upstart is reshaping credit underwriting with its proprietary AI model that incorporates education, employment, and financial behavior, moving beyond traditional FICO scores [3] - In Q1 2025, 92% of loans on its platform were fully automated, resulting in improved efficiency and borrower satisfaction, with conversion rates increasing from 14% to 19% year over year [3][9] Diversification Efforts - The company is diversifying into new verticals such as auto loans, HELOCs, and small-dollar credit, with some segments showing robust growth [4] - Partnerships with credit unions, like All In Credit Union, demonstrate Upstart's appeal in traditional finance [4] - The focus on super-prime borrowers, now constituting 32% of originations, aids in securing low-cost funding and managing credit risk effectively [4] Challenges Faced - Elevated interest rates and a decline in contribution margins are significant challenges for the company [5] - The increasing super-prime borrower mix, while enhancing credit quality, leads to lower take rates due to heightened competition [5] - Margins in newer products like HELOC and auto lending are expected to mature over time, with initial take rates being modest due to early-stage scaling [5] - Macroeconomic uncertainty and trade tensions further complicate the company's outlook [5] Market Performance - Upstart's shares have risen by 37.8% quarter to date, outperforming both the broader industry and the S&P 500 Index [12] - The full-year 2025 consensus EPS estimate has been slightly revised downward, while the 2026 estimate has been adjusted upward [13]

[संगीत] ओके। तो मेरा नाम अंकुश शर्मा है और मेरी जो जर्नी स्टार्ट होती है वो शुरू होती है 11 साल की उम्र से। सो आई वाज़ 11 व्हेन आई लॉस्ट माय फादर और वो टाइम बहुत टफ था क्योंकि उससे पहले के जो हालात थे बहुत ही बढ़िया थे। जो चाहिए था मिल जाता था। बहुत शानदार लाइफ चल रही थी। लेकिन उसके बाद स्ट्रगलिंग पीरियड शुरू हुआ। एंड माय मदर टूक अस मेजर अ वेरी वर्ल्ड डिसीजन कि उन्होंने बेसिकली हम हिमाचल से थे और हिमाचल से शिफ्ट हो के हम अमृतसर में आ गए और वहां पे हमने काम करना शुरू किया। मेरे मदर ने जॉब ले ली और मुझे छोटी उ ...

Key Takeaways MA was found to have violated European law by imposing anti-competitive interchange fees. The U.K. ruling may force MA to revise fee structures and expose it to potential merchant damage claims. Both MA and V face global legal scrutiny as fintech and stablecoin alternatives gain merchant interest.Mastercard Incorporated (MA) has been found in violation of European competition law for imposing excessive interchange fees on transactions made using its cards. The U.K.'s Competition Appeal Tribu ...