April 18, 2025 /PRNewswire/ -- Blessing Capital, an emerging firm in the alternative commercial finance space, has officially announced the launch of its Letter of Credit Program. A first-of-its ...

What’s more troubling is insurers’ use of credit scores to set rates. Unlike driving records or claims history, a credit score often reflects circumstances unrelated to driving safety.

One such program is the Clean Energy Tax Credit passed in 2022 ... Twenty-one Republican representatives wrote a letter to the speaker of the House opposing the repeal of these credits, noting ...

While it was met with laughter on air, it didn't go down well with Augusta officials or two-time Masters champion Tom Watson, who penned a letter demanding McCord's removal. Subsequently ...

LCs are relatively safer and more advantageous than extending direct loans as the risks are lower and such a strategy also won't sharply increase credit exposure. A senior executive, close to one of ...

NeuroGaint Systems, an IT solutions provider headquartered in Hyderabad, and IBM have launched NeuroLC, an advanced artificial intelligence platform to improve letter-of-credit processing. Built with ...

The board of leading NBFC Bajaj Finance has received a 'letter of displeasure' from the banking regulator RBI over lapses in its co-branded credit cards business, stating that the arrangements are ...

Bajaj Finance Ltd., one of India's leading non-bank lenders, has received a "letter of displeasure" from the Reserve Bank of India with regards to its co-branded credit cards, sources with knowledge ...

Claimants must switch to Universal Credit when they receive their migration notice letter, or payments will cease. But, thousands of those who received Tax Credits have still not registered for ...

The trend continued in March 2024, with payments dropping to $43.54 million. A letter of credit is a mode of payment for the importation of visible goods. As requested by the customer, the bank ...

Utility-scale solar developer and operator Vesper Energy said it expanded an existing $100 million letter of credit facility to $140 million. The expanded credit is expected to let the Houston-based ...