The National Basketball Association (NBA) and SoFi have announced a multi-year partnership, designating SoFi as the official banking partner of the NBA, NBA G League, NBA 2K League, and USA Basketball. As part of this agreement, SoFi will also be the official entitlement partner of the SoFi NBA Play-In Tournament.
SoFi Technologies, Inc. has announced its participation in an upcoming investor conference. Chris Lapointe, the company's Chief Financial Officer, will engage in a moderated fireside chat at the UBS Financial Services Conference later this month.
The Federal Deposit Insurance Corporation (FDIC) has proposed new corporate and risk governance guidelines in response to the bank failures of spring 2023. However, the Bank Policy Institute (BPI) and the American Association of Bank Directors (AABD) have raised concerns about these guidelines. In a comment letter submitted today, they argue that the proposal does not explain how its expanded board duties would enhance bank safety and soundness and fails to consider conflicts with state law.
After completing A-Levels, a young professional opted for a different path from university by pursuing an apprenticeship. Initially considering degree apprenticeships only, they discovered opportunities in Level 3 or 4 apprenticeships across various fields.
Assetz Capital and Aros Kapital have announced an expansion of their partnership in the UK lending market. The collaboration is expected to see Assetz Capital deploy over £200 million of Aros Kapital’s funding across various sectors in 2024, contributing to their overall lending volumes.
Billd, a company specializing in commercial financing solutions for subcontractors, is expanding its executive leadership team to support its rapid growth.
More employees are experiencing financial stress, with nearly 90% expressing concerns about their finances. Despite significant salary increases in 2023, almost half of the workforce feels unprepared for emergencies or retirement. Employers can play a crucial role in alleviating this stress through innovative benefits that enhance financial well-being and business performance.
Barclays US Consumer Bank has announced the launch of its fourth annual Small Business Big Wins promotion, offering $255,000 in prize money to small business owners. The initiative invites entrepreneurs to submit a 500-word essay detailing how their businesses are adapting to current economic conditions. The most compelling story will receive a grand prize of $60,000.
Austin, Texas – Billd, a provider of commercial financing solutions for subcontractors, is strengthening its executive leadership team to support the company's rapid growth. In response to increased demand for specialized financing tools in the construction industry, Billd has appointed Paul Williams as Chief Financial Officer, Brad Cooper as Chief Customer Officer, and Allison Dancy as Chief Marketing Officer.
The Bank Policy Institute (BPI) has submitted a statement to the U.S. Senate Banking Subcommittee during a hearing focused on scams and fraud within the banking system and their effects on consumers. The statement outlines banks' ongoing efforts to safeguard customers against these threats and proposes seven government actions to further mitigate risks.
Bank Policy Institute President and CEO Greg Baer is set to testify before the House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy. The hearing, titled “Rules Without Analysis: Federal Banking Proposals Under the Biden Administration,” will address concerns about the Basel capital proposal's impact on credit costs and U.S. capital markets.
Capital One Auto has been recognized for achieving the highest customer satisfaction among mass market automotive financing providers, according to the J.D. Power 2023 U.S. Consumer Financing Satisfaction Study. This study evaluates customer satisfaction with auto loans or leases for new or used vehicles based on five key factors: account management and communication, application and approval process, billing and payment process, customer orientation process, and customer service experience.
SoFi, a digital personal finance company, has announced that its SoFi Invest members will now have the opportunity to invest in alternative investment funds, mutual funds, and money market funds. This initiative aims to provide everyday investors with access to investment opportunities traditionally reserved for wealthier individuals.
SoFi Technologies, Inc. has released its financial results for the fourth quarter and fiscal year ending December 31, 2023. The announcement was made on January 29, 2024, from San Francisco, California.
An article from Nottinghamshire Live has highlighted the ongoing development of student accommodation in Nottingham, driven by the increasing number of students at the University of Nottingham and Nottingham Trent University. The city is witnessing a rise in tall and extensive student housing complexes to accommodate this growth.
New statistics reveal that Scotland's housing crisis is worsening, with a decline in the number of new homes being started and completed across all tenures. Geoff O’Brien, Relationship Director, commented on the situation, noting Edinburgh's return to prominence: “Edinburgh returns to number one, as the city ranks in the top five in ten indicators, including attractions and house price growth. Edinburgh is the UK’s second most visited city (behind London).”
Housing has become a focal point in the UK as political parties prepare for the upcoming general election. Andrew Charnley, Managing Director of Assetz Capital, emphasizes the need for a coherent government strategy to address housing issues that have persisted over many years.
Plans have been submitted for three additional student accommodation towers, adding to the developments in Birmingham and Manchester. The proposed projects include a 1,200-room scheme in Birmingham and a 580-bed scheme in Manchester.
SoFi has announced the launch of its new small business marketplace, aiming to assist American small business owners in securing financing. This initiative expands SoFi's product offerings and connects users with a network of financial providers.
SoFi, a digital personal finance company, has been honored with three 2024 Best-Of Awards by NerdWallet. The awards recognize SoFi for the Best Checking Account Overall and Best Checking Account for Overdraft Fee Avoidance through its SoFi Checking & Savings product, as well as the Best Personal Loan Overall for SoFi Loans.