Author: Sarim Pixako

Architecture studio Sārānsh used a range of materials to create a rich sense of tactility inside this family home in Ahmedabad, western India. VS House is situated on the fringes of the city of Ahmedabad. It was built seven years ago as a four-bed home but has been reconfigured by Sārānsh. Now it hosts three bedrooms and more expansive living spaces. … Continue reading Timber and Indian stone tiles feature inside VS House in Ahmedabad Continue Reading →

The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is actually more than three times as large. CNBC reports that nearly half of the population is jobless. The employment-population ratio, the number of employed people as a percentage of the U.S. … Continue reading Report: US Jobless Rate Surpasses 47 Pct Of Population Continue Reading →

WEX has reported a $400 million investment from a partner of Warburg Pincus, which the financial services tech firm will use to continue operations amid the global pandemic, according to a press release. Melissa Smith, WEX’s chair and CEO, said the company plans to fortify its balance sheet while remaining in a strong business relationship with Warburg Pincus, … Continue reading WEX Gets $400M From Warburg Pincus To Boost Operations Continue Reading →

After years of debate about the U.S. Consumer Finance Protection Bureau (CFPB)’s legality, the U.S. Supreme Court ruled 5-4 on Monday (June 29) that the Obama-era agency’s structure is unconstitutional — although the body can continue if changed from its current form. The issue at hand in Monday’s ruling was whether a U.S. president has … Continue reading Supreme Court Rules CFPB Structure Unconstitutional Continue Reading →

In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO Score and allow lenders to take into account an individual’s resiliency as they arrive at credit decisions, according to an announcement. FICO said lenders will many times contend with economic uncertainty by … Continue reading FICO’s Resilience Index Predicts Borrowers’ Risk During Economic Uncertainty Continue Reading →

Wealthfront, the online investment service firm, has added checking features to its app. The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar. “Our clients are anxious for Wealthfront to become their primary financial relationship, and offering checking features … Continue reading Wealthfront FinTech Rolls Out Debit Account Capability Continue Reading →

The U.S. Department of Labor (DOL) said the nation’s unemployment rate was 13.3 percent in May, but a closer look shows that the number is actually more than three times as large. CNBC reports that nearly half of the population is jobless. The employment-population ratio, the number of employed people as a percentage of the U.S. … Continue reading US Jobless Rate Reportedly Surpasses 47 Pct Of Population Continue Reading →

As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Insurance firms are refunding a portion of their customers’ monthly auto premiums. Amica Insurance unveiled a COVID-19 Auto Refund Program that will reimburse as much as 10 percent of a client’s … Continue reading Coronavirus Refunds: Amica Insurance Unveils COVID-19 Reimbursement Program Continue Reading →

Numerous regulators had discussions over the years about tightening supervision on Wirecard or adding it to a list of potential subjects for more investigations, but all decided against it, Reuters reports. That was all before the company’s current implosion over a scandal about a missing $2 billion on its books. The focus of the scandal is now also … Continue reading Source: German Regulators Failed To Take Action On Wirecard Red Flags Continue Reading →

Global banking platform Trade Ledger and business insights experts Equifax want to help create a portable credit file solution for small- to medium-sized businesses (SMBs), according to a press release. The partnership will include a bid for the BCR Capability and Innovation Fund (CIF), which is part of the RBS Alternative Remedies Package, which is intended to boost financial services available for … Continue reading Trade Ledger, Equifax Continue Partnership For SMB Credit Solutions Continue Reading →