• Embracing AI in the world of finance

    Large Language Models (LLMs) like ChatGPT are shaking up the world of finance. Morgan Stanley is testing an OpenAI-powered chatbot to assist their financial advisors. The bot, trained on the bank's own research reports, offers rapid access to their extensive proprietary knowledge base.

  • Rules of thumb in personal finance

    THERE are many rules of thumb when it comes to personal finance. Different sources (whether books, online articles, or videos) have suggested different “sign post” rules that we can follow to improve our financial situation. These include the rules of thumb on the following: savings (common suggestions are 10-percent to

  • More Americans struggling with their finances, Fed survey shows

    Increasing numbers of Americans say they are struggling with their finances, according to a new Federal Reserve report revealing the toll that inflation has taken on U.S. households over the past year. Some 73% of adults were “doing at least OK financially” as of October, down five percentage points from a year earlier and among …

  • Bonds vs. Loans: Which Is The Best Financing Option?

    Bonds and loans are two sources of funding that provide capital to businesses of any size and industry. Both generally work similarly, allowing companies to []

  • Wages Have Risen too Sharply, Finance Minister Observes

    Bjarni Benediktsson, the Minister of Finance and Economic Affairs, believes there are indications that many Icelandic companies are struggling to deal with negotiated wage increases. The interest rates should have been kept higher for longer, he told Morgunblaðið on Wednesday. A sense of uncertainty In an interview with Morgunblaðið on Wednesday, Bjarni Benediktsson, the Minister […]

  • Daniel’s Jewelers Leans Into Personalized Financing for Customers

    Unlike Tiffany’s or Cartier, Daniel’s Jewelers has recognized the importance of financing in making jewelry accessible to its customers. “We understand that not everyone may have the immediate means to afford their desired ring or piece of jewelry in full. Therefore, financing has been ingrained in the core principles of our business from the very […] The post Daniel’s Jewelers Leans Into Personalized Financing for Customers first appeared on PYMNTS.com.

  • Wise finance chief steps down after ‘horrible’ cycling accident

    Matt Briers to ‘focus on recovery’ after falling under the wheels of a bus last year

  • Bill wants workers taught in managing finances, biz

    “As we try to cope with rising prices of goods, the prevalence of financial scams and predatory loaning, such programs could be a big help to employees,” House Committee on Labor and Employmen Chairman Juan Fidel Felipe F. Nograles said. He expressed hopes fellow lawmakers “will recognize the need for this measure and pass it.”

  • Finance minister discusses bilateral ties with Chinese envoy

    Finance Minister Choo Kyung-ho met with Chinese Ambassador to South Korea Xing Haiming on Friday to discuss economic ties and other bilateral issues, his office said. During the meeting, Choo expressed hope that South Korea and China can continue economic cooperation based on mutual respect and interests, according to the Ministry of Economy and Finance. The finance minister also requested China's support for the preparation of the bilateral economic ministerial meeting scheduled to be held

  • Fabrick Beefs Up Embedded Finance Strength With Judopay Purchase

    Open finance company Fabrick says it has acquired British mobile payments firm Judopay. The deal, announced Wednesday (May 17), marries Fabrick’s Payment Orchestra — its payments orchestration product — with Judopay’s digital commerce expertise. “The acquisition of Judopay will expand Fabrick’s proprietary technology enabling the company to offer a better service to merchants who will […] The post Fabrick Beefs Up Embedded Finance Strength With Judopay Purchase first appeared on PYMNTS.com.

  • Sue Radford says she's 'bored' of questions about her family finances

    The mother-of-22 from Morecambe, Lancashire, told a Q&A that the family paid for a holiday to Disney World Florida last month themselves, and it wasn't gifted, the Mirror reports.

  • ServiceNow Launches Digital Workflows for Finance and Supply Chain

    ServiceNow has launched new artificial intelligence (AI)-powered workflows for finance, supply chain and procurement leaders. The new Finance and Supply Chain Workflows product joins the range of digital workflows the company offers for business-critical processes and meets the needs of chief financial officers (CFOs), procurement professionals, supply chain executives and other modern business leaders, ServiceNow […] The post ServiceNow Launches Digital Workflows for Finance and Supply Chain...