Provident Financial News
29.10 / 17:45
Provident
BTC
litecoin
LTC
With consumer finance floating its boat, will Litecoin see $200 soon
Litecoin, one of the first coins in the crypto-space, has had a rather mellow run of late. In fact, at the time of writing, the coin was still 54% down from its all-time high of $410. Nonetheless, recent developments in the ecosystem, as well as heightened adoption that LTC witnessed lately have acted as catalysts of growth.
29.10 / 16:41
IPO
Provident
Chase
Equity Investment: How can millennials invest and trade better?
As equity investments are capital investments, casual investors face the risk of losing the amount of capital invested. So, one should have time to study the stock markets and gather experience by making small investments, before making big investments.
29.10 / 15:53
Provident
Platform
Bitcoin
Square’s CFO on bitcoin, Afterpay, and where the firm goes next
Square started out in 2009 as a payment-services provider, enabling small businesses to process card payments with inexpensive white card readers and tablets. Since then, the Jack Dorsey-led company has added more services for businesses, a digital-payments service for consumers known as Cash App, a payments platform for artists, and a developer platform that plans to build a decentralised bitcoin exchange.
29.10 / 13:01
Provident
sustainable investing
JPMorgan AM sustainable investing chief: Making polluters pay is the crucial next step for checking climate change
Jennifer Wu is global head of sustainable investing at JPMorgan Asset Management.
29.10 / 12:47
Provident
Digital
MasterCard
Mastercard Reveals to Develop CBDC as The Private Payment Provider
Digital payment Mastercard CEO Michael Miebach expressed his strong support for central bank digital currency (CBDC) in today’s third-quarter earnings conference call.
29.10 / 12:47
Provident
Digital
SAP
safe
Crypto Traders See Safe Haven in a Brokerage Newcomer in Turkey
The owners of one of Turkey’s biggest crypto exchanges have established a securities brokerage. This comes after the country’s currency saw its worst performer in emerging markets in 2021, with a loss of about 22% against the dollar.
28.10 / 23:17
Provident
Digital
Pool
Bitcoin
Bitcoin, cryptos are ‘Wall Street with new technologies’
Individuals and even institutions have realized the power of cryptocurrencies. Over the years, traditional financial institutions have begun dipping their toes into digital assets while many others choose to stay out of this pool. Any FOMO concerns here?
28.10 / 21:39
Ethereum
Provident
Binance
Platform
This is why Ethereum DeFi whales prefer these applications
The crypto-industry has seen various products gather steam over the past year, with non-fungible tokens [NFTs] being the rage especially. However, a recent study from DappRadar found that although the sudden popularity of NFTs took the industry by storm, there is no comparison to the value generated by decentralized finance [DeFi].
28.10 / 16:55
Facebook
IPO
Provident
Target
Eldeco raises Rs 275 cr from Tata Capital Housing Finance
Leading real estate developer Eldeco Group has raised Rs 275 crore in debt from Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd. The Eldeco Group plans to deploy the capital raised in mid-income residential projects in Delhi NCR.
28.10 / 14:51
IPO
Provident
Digital
CRA
pension
open
Want to open Atal Pension Yojana account? Now onboard through Aadhaar eKYC
New subscribers to Atal Pension Yojana (APY) can now be onboarded by Central Recordkeeping Agencies (CRAs) through Aadhaar eKYC. This facility will be available to CRAs as an additional option, according to PFRDA.
28.10 / 13:22
Provident
Digital
ETF
The First Crypto Miner ETF Unveils in Australia
Australian Bitcoin miner Iris Energy applies for an initial public offering (IPO) on the Nasdaq. The stock code is «IREN». Reportedly, $100 million has been raised.
28.10 / 11:47
Provident
Digital
Google
CEO
Now Google Pay users can buy SBI Arogya Sanjeevani health insurance plan for self and family on the go
SBI General Insurance has collaborated with Google Pay to enable users to buy health coverage on the app in a quick and hassle-free way.
28.10 / 09:49
Provident
BTC
Digital
Bitcoin
What Gold needs to do if it wants to compete with Bitcoin
Bitcoin and Gold traditionally have an inverse connection with the U.S dollar and are frequently purchased as hedging instruments. Both assets are commonly used to diversify a portfolio or to protect against fiat currency inflation.
28.10 / 07:43
UPS
IPO
Provident
National
pension
NOT
National Pension System: Who should not invest in NPS?
The National Pension System (NPS), regulated by PFRDA, has emerged as a popular investment scheme aimed at saving for one’s retirement. NPS is essentially a market linked investment that helps accumulate one’s savings towards retirement. After opening an NPS account, one has to keep saving during the ‘deferment phase’ or the ‘accumulation phase’ and then start getting a pension from the ‘annuity phase’.
27.10 / 21:41
UPS
Provident
Bank of Spain
Bank of Spain clarifies registration for VASPs, crypto-related companies
Cryptocurrency policies are taking shape all around the world as investments in the field rise. The latest country to provide instructions to crypto-businesses is Spain. More specifically, the Bank of Spain has now released instructions for entities wishing to register with the central bank to offer crypto-related services.
27.10 / 18:33
UPS
Provident
Bank of Canada Ends Quantitative Easing
OTTAWA -- The Bank of Canada took a major step in pulling back on the amount of stimulus it is providing to the economy on Wednesday by ending net new purchases through its quantitative easing program and moving up its forecast for when it could first raise the benchmark overnight interest rate from the current, ultralow level.
27.10 / 17:29
Provident
Reuters
Digital
Cooper
guidelines
U.S banking regulators developing guidelines for institutional presence in crypto
The United States Securities and Exchange Commission (SEC) has remained mostly tight-lipped about cryptocurrency regulations so far. However, banking regulators in the country are reportedly developing a clearer path for banks that are looking to deal in cryptocurrencies. This is being done in a bid to control the rapidly growing asset, before it gets out of hand and fully emerges into the mainstream.
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