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BIS: The Impact Of FinTech Lending On Credit Access For U.S. Small Businesses
Date 26/09/2022
Summary
Focus
Financial technology (fintech) has allowed for new market entrants in many areas of financial services, including small business lending. New fintech lenders often use alternative data sources and machine learning to assess the credit quality of small firms, thus complementing the traditional credit scores and soft information used by traditional banks. In the United States, the growth of fintech lenders has been part of a broader trend in the growth of non-bank lenders amid a pullback by traditional banks. A key question is whether such lenders have enhanced credit access to small businesses which are likely to be underserved by traditional lenders.
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Nasdaq Announces 2022 Investor Day
Date 26/09/2022
Nasdaq, Inc. (Nasdaq: NDAQ) will host its 2022 Investor Day on Tuesday, November 8, 2022. The event will feature presentations on the company’s operations and strategy, as well as question and answer sessions, with members of Nasdaq’s senior leadership team including Adena Friedman, President and CEO, and Ann Dennison, Executive Vice President and CFO.
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Apex Group Supports Clients’ EU Taxonomy Alignment
Date 26/09/2022
Apex Group Ltd. (“Apex Group” or “The Group”), a global financial services provider, today announces the further growth of its ESG offering with the launch of an EU Taxonomy Solution to ensure clients’ alignment ahead of growing disclosure requirements.
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ESMA Consults On Guidance On Market Outages
Date 26/09/2022
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, consults on how National Competent Authorities (NCA) should ensure that trading venues have appropriate communication protocols in case of a market outage.
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Cathay Securities Investment Trust Selects ICE FactSet Global Top 50 Brands Index For New ETF
Date 26/09/2022
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Cathay Securities Investment Trust (“Cathay SITE”) has selected the ICE FactSet® Global Top 50 Brands Index for a newly launched ETF.
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Recommendation From The Working Group On Euro Risk-Free Rates On The Availability Of Derivative Products Referencing €STR
Date 26/09/2022
Under the revised Terms of Reference for the Working Group on Euro Risk-Free Rates published in February 2022, the updated mandate includes “Fostering the use of €STR in a diverse range of financial products” as well as “Identifying potential impediments to the timely adoption of EURIBOR fallback provisions by EU supervised entities and putting forward recommendations and best practices to assist in overcoming such impediments”. This document details a recommendation relating to the availability of derivative products referencing €STR, particularly those that will be utilised for the purpose of calculating and publishing a forward-looking term €STR rate in order to support the adoption of EURIBOR fallback.
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Chinese Pharmaceutical Company Joincare Pharmaceutical Group Lists Its GDRs On SIX Swiss Exchange
Date 26/09/2022
Today, Joincare Pharmaceutical Group Industry Co., Ltd. (Ticker "JCARE") becomes the sixth company to list Global Depository Receipts (GDRs) on SIX Swiss Exchange.
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FX HedgePool Hires Karen Phillips As Head Of Business Development To Kickstart Next Phase Of Growth
Date 26/09/2022
FX HedgePool, the leading peer-to-peer, institutional FX matching platform, is pleased to announce the addition of Karen Phillips as Head of Business Development, based in New York.
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7-Week Bull Run On Bitcoin-Short Positions Ends With Outflows Of US$5m - CoinShares Research: Fund Flows
Date 26/09/2022
7-week bull run on Bitcoin-short positions end with outflows of US$5m
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Cboe Announces Global RMC Keynote Speakers Jimmy Chin And Chai Vasarhelyi
Date 26/09/2022
- Cboe's premier educational forum to take place October 17 – 21 in Reykjavik, Iceland
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