Provident Financial News

Viva Money, a digital lending platform, is making waves in the Indian financial sector. The company has surpassed a significant milestone, issuing over 1,000 credit lines to customers across the country within just three months of operation since December 2023. This achievement highlights Viva Money's dedication to making financial solutions accessible to all.

Recently, reports emerged that India’s ministry of electronics and IT has been working on an app, Safenet, that links parents’ phones with those of their children, so that they can monitor the online activities of their offspring. While parental controls on internet platforms typically offer options of granting app or website access and placing limits on the time spent, Safenet is said to go further by sharing call details and SMS logs, apart from data on all content viewed on platforms like YouTube. The Internet Service Provider Association of India has suggested that this app should be made available by default on all personal devices.

NEW DELHI : Amid the Supreme Court's teardown on misleading advertisements by Patanjali and other consumer goods companies, a more sinister issue of problematic ads has emerged, this time involving illegal betting apps and India's biggest sporting extravaganza, the Indian Premier League. Some of these betting platforms are also accepting punts on the world's largest democratic exercise: India's national election. The Advertising Standards Council of India has in the past few weeks flagged more than 500 such violative online advertisements by such illegal betting platforms.

HSBC Flash India Composite PMI output index rose to a near 14-year high of 62.2 in April from 61.8 in March. The composite index is a weighted average of manufacturing and services business activity index. A reading above 50 indicates expansion.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

A drastic decline in the crypto market heralded the spring season. For the past weeks, Binance Coin and Polkadot have seen more red days than green and are struggling to make a comeback.  These coins suffered significant price swings, causing holders to look for better returns. With Raffle Coin in the first phase of its presale, investors believe it can make 50X gains. 

startup LetsTransport has raised $22 million in a funding round led by Bertelsmann India Investments. The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and others. The funds will be used for expanding market presence, scale adjacent business verticals and to achieve profitability.

Home Loan EMI Calculator empowers you to evaluate how adjustments in interest rates, loan amounts, or tenures affect your EMIs. By inputting essential details such as the loan amount, and tenure, you can instantly obtain accurate EMI calculations. This enables you to explore different scenarios and comprehend the financial implications of varying loan parameters before making any decisions.

The university that boasts the world’s largest 3D printer developed one even bigger

An activist group says Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war

UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack on its Change Healthcare business

GoFundMe is expanding into Mexico, the company announced Tuesday

Two executives of the bitcoin mining rig maker Canaan intend to jointly purchase at least $2 million worth of company shares, claiming the company is “deeply undervalued,” despite revenue decline.

Huawei unveiled on Wednesday a new software brand for intelligent driving, marking its latest push to become a major player in the electric vehicle industry. The new brand Qiankun, symbolising a combination of heaven and the Kunlun Mountains, plans to provide self-driving systems involving the driving chassis, audio and driver's seat, Jin Yuzhi, CEO of Huawei's Intelligent Automotive Solution (IAS) business unit, said during an event ahead of the Beijing auto show.

Spirit AeroSystems said Boeing would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the U.S. aviation regulator capped the planemaker's 737 MAX production. The agreement announced by Spirit on Tuesday comes amid talks between the two for Boeing to buy the fuselage supplier, a former subsidiary, and as the planemaker tries to get control of a sprawling crisis sparked by a mid-air panel blowout in January on a new Alaska Airlines 737 MAX 9.

Hitachi Payment Services has launched India's first upgradable ATMs wherein, an ATM unit can be converted to a cash recycling machine (CRM) as and when a bank needs it, eliminating the need for a separate CRM. This can be done at a bank branch, and offsite as well. Most banks offer deposit services at branches, and withdrawals can happen at off-branch locations. With a way to upgrade ATMs to CRMs, banks eliminate the need to replace ATMs. These machines will be UPI-enabled for cash deposit and withdrawal.

loan fraud at one of its branches in the Northeast, sending shares of the non-bank lender nearly 8% lower. According to the company, the fraud involved the forgery of KYC (know your customer) documents to embezzle company funds.

Most Wanted List as $1 million in total combined rewards is being offered for information that leads to the arrests of fugitives on the list.The updated list by the BOLO Program – which stands for Be On the Look Out – has listed Michael Bebee as the country’s top fugitive.Police allege Bebee is wanted for second-degree murder of 29-year-old Shamar Powell-Flowers on July 23, 2023, in the city’s east end near Danforth and Carlaw avenues.Toronto police chief Myron Demkiw said at the time of Powell-Flowers’s murder, Bebee was under a gun prohibition for his part in another Toronto shooting four years earlier.There is a reward of up to $100,000 for any information leading to Bebee’s arrest — which is part of the $1 million in rewards for the 25 fugitives.At the press conference on Tuesday, Demkiw stood alongside BOLO’s program director Max Langlois with $1 million in cash stacked in front of them.“Today for the first time, we are putting our reward money on the table, literally” Langlois said, standing in front of the bundles of cash. “One million dollars of clean cash.

LPL Financial has just expanded its network in the Northeast.

HSBC is taking its ultra-high-net-worth ambitions to a new level as it plants a flag in the Big Apple.

As inflation, an impending retirement cliff and other forces create a perfect storm of health care costs for Americans, Fidelity Investments announced it has hit a record in providing health savings accounts for investors nationwide.