financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

Equifax Shares Dip as Weaker Hiring and Tariffs Temper Guidance

Equifax Shares Dip as Weaker Hiring and Tariffs Temper Guidance
Equifax Shares Dip as Weaker Hiring and Tariffs Temper Guidance
July 22, 2025  |  Earnings

Equifax’s latest results showed momentum in its non-mortgage businesses, including verification for consumer lending and the government sector.  Although results came in above expectations, the...

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Bank Earnings Spotlight Transition to Back-Office Solutions
Bank Earnings Spotlight Transition to Back-Office Solutions
July 22, 2025  |  Banking

Perhaps one of the 21st century’s most defining business trends has been the trickledown effect of enterprise capabilities as technological innovations simplify back-office operations.  Powerful...

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Propel Raises $100 Million to Revamp Financial Services Infrastructure 
Propel Raises $100 Million to Revamp Financial Services Infrastructure 
July 10, 2025  |  Investments

Investment firm Propel Venture Partners has raised $100 million for its latest fund. The new funding brings Propel’s total commitments to more $436 million and will be...

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BNY Reportedly Pitched Merger to Northern Trust
BNY Reportedly Pitched Merger to Northern Trust
June 22, 2025  |  Partnerships

Bank of New York Mellon (BNY) has reportedly approached Northern Trust about a merger. The deal would mark a milestone for financial services, The Wall...

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8 CEOs Describe Financial Services Innovation in a Time of Turbulence
8 CEOs Describe Financial Services Innovation in a Time of Turbulence
June 19, 2025  |  Innovation

Welcome to the second half of 2025. Quite a ride so far, and as it continues, we wanted to take stock of the chief executives...

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Risks Loom as Crypto Collateral Gains Ground in Traditional Lending
Risks Loom as Crypto Collateral Gains Ground in Traditional Lending
June 18, 2025  |  Loans

Crypto, in all of its forms, is poised to move more mainstream, blurring lines between traditional and decentralized finance. The GENIUS Act is gaining its...

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Credit Union Branch Closures Hit Highest Level Since 2021
Credit Union Branch Closures Hit Highest Level Since 2021
June 18, 2025  |  Credit Unions

Credit unions closed 32 locations during the first quarter, the largest drop since 2021. As the publication Credit Union (CU) Times reported Tuesday (June 17),...

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Revolut Plans to Launch AI Assistant for Consumers’ Financial Decision-Making
Revolut Plans to Launch AI Assistant for Consumers’ Financial Decision-Making
June 17, 2025  |  Artificial Intelligence

Finance app Revolut is reportedly experimenting with an artificial intelligence (AI) financial assistant and plans to launch it soon.  Speaking at a Bloomberg New Voices event...

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