Personal Capital Honors National Financial Planning Month Through New Strategic Partnerships and “Financial Heroes” Campaign | News

REDWOOD SHORES, Calif., Sept. 29, 2020 /PRNewswire/ — Personal Capital, an Empower Company, a remote-first, industry-leading digital wealth manager, unveiled today it’s “Financial Heroes” campaign in an effort to promote financial literacy and financial empowerment. The campaign will coincide with National Financial Planning Month in October to bring awareness to the importance of having a solid financial plan and access to resources, especially in times of crisis. 

The company announced strategic partnerships with 2x Pro Basketball All-Star Baron Davis and CEO of travel experiences company Peek.com, Ruzwana Bashir. The pair will be the new faces of the integrated campaign which will include print and online advertising, content and virtual events.

“To partner with Davis and Bashir was an easy decision,” said Porter Gale, Chief Marketing Officer at Personal Capital. “Money continues to be a taboo subject, and through the platforms of Davis and Bashir, and their passion

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Personal Capital Honors National Financial Planning Month Through New Strategic Partnerships and “Financial Heroes” Campaign

The company announced strategic partnerships with 2x Pro Basketball All-Star Baron Davis and CEO of travel experiences company Peek.com, Ruzwana Bashir. The pair will be the new faces of the integrated campaign which will include print and online advertising, content and virtual events.

“To partner with Davis and Bashir was an easy decision,” said Porter Gale, Chief Marketing Officer at Personal Capital. “Money continues to be a taboo subject, and through the platforms of Davis and Bashir, and their passion for raising awareness around financial literacy, we can spark a conversation that encourages more people to find financial empowerment.”

After a 17-year career as a professional basketball player, Davis is now on a path defined by entrepreneurship, investing, philanthropy, and activism. The founder of several companies, including Sports Lifestyle in Culture (SLIC), The Black Santa Company, Business Inside the Game (BIG) and No Label, Davis will use his

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Contrasting OneConnect Financial Technology (OCFT) and Its Competitors

OneConnect Financial Technology (NYSE: OCFT) is one of 71 publicly-traded companies in the “Computer programming, data processing, & other computer related” industry, but how does it contrast to its rivals? We will compare OneConnect Financial Technology to related businesses based on the strength of its analyst recommendations, dividends, institutional ownership, earnings, profitability, valuation and risk.

Analyst Recommendations

This is a summary of recent ratings and price targets for OneConnect Financial Technology and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OneConnect Financial Technology 0 0 0 0 N/A
OneConnect Financial Technology Competitors 1025 3496 6911 324 2.56

As a group, “Computer programming, data processing, & other computer related” companies have a potential upside of 8.49%. Given OneConnect Financial Technology’s rivals higher possible upside, analysts clearly believe OneConnect Financial Technology has less favorable growth aspects than its rivals.

Earnings and Valuation

This

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ComEd reminds customers that expanded financial assistance options only available for a short time

ComEd reminds customers that expanded financial assistance options only available for a short time

Published on September 25, 2020 by Chris Galford

© Shutterstock

While $500 in grants and other, more flexible payment options are still on the table for customers of ComEd struggling through the COVID-19 pandemic, the company sent out a reminder this week that these assistance options will only be available for a limited time.

These options include both $500 in bill assistance for eligible low-income customers now past due on their accounts and plans of up to 18 installed payments with 10 percent own payments for certain residential customers. In the case of the direct bill assistance, households in question must earn 200 percent or less of the federal poverty level. For the flexible payment options, the plan offers further reductions for low-income residential customers and those facing financial hardship, allowing them to spread the payback

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Some CT business owners are thankful for Phase 3 but say it’s not enough to heal their financial wounds

CONNECTICUT (WTNH) — With some 20% of state eateries gone for good, the Phase 3 reopening rollout will fix some wounds for restaurants and businesses, but not others.

“As long as we keep our masks on, keep the distance, keep the rules that they set, then we should be fine,” said Jasmine Sheppard, a customer at the always bustling Zoi’s in New Haven.

“As long as people are practicing social distancing, I don’t think there’s going to be a problem,” agreed fellow customer, Greg Morehead.

The governor’s easing of indoor capacity limits for restaurants and salons from 50% to 75% is coming right on time.

“With the cold weather, with the outdoor seating, we’re going to lose that, so the fact that we’re going to have more indoor seating, it’s going to be a plus for us,” said Stacey Kattis with Zoi’s.

Salons are also looking forward to the easing

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TuanChe Announces Unaudited Second Quarter 2020 Financial Results | News

BEIJING, Sept. 18, 2020 /PRNewswire/ — TuanChe Limited (“TuanChe,” “Company,” “we” or “our”) (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced its unaudited financial results for the second quarter ended June 30, 2020.

Key Second Quarter 2020 Financial and Operating Metrics Compared with the Prior Year Period

The Company’s financial and operational results for the second quarter of 2020 have been materially and adversely impacted by the COVID-19 pandemic:

  • Net revenues decreased by 73.1% to RMB54.7 million (US$7.7 million) from RMB203.5 million.
  • Gross profit decreased by 70.1% to RMB43.0 million (US$6.1 million) from RMB144.0 million. Gross margin increased to 78.6% from 70.8%.
  • Quarterly number of organized auto shows across China decreased by 82.3% from 344 in 186 cities to 61 in 56 cities. Quarterly number of special promotion events decreased by 48.7% from 154 to 79.
  • Quarterly number
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Team8 recruits a financial all-star team to form Fintech foundry

Israeli founded Team8, which is a think tank and foundry comprised of leading minds from Israel’s innovative tech ecosystem and backed by strategic funding from Microsoft, Walmart, Barclay’s, Moody’s, among others, announced the launch of Team8 Fintech. The fintech-focused venture will be led by Rakefet Russak-Aminoach, who is the former CEO & President of Israel’s biggest bank Leumi Group. Russak-Aminoach will be joined by former Payoneer CEO & founder Yuval Tal, who at the beginning of the month stepped down from his position at the digital payment Unicorn to join the think tank; E-trading digital brokerage eToro founder Ronen Assia will also hop on the Team8 Fintech venture, along with former Head of Business Development for PayPal across Eastern Europe, Israel and Africa, Galia Beer-Gabel.

“Today, we are joining forces with giants. Financial Services are first and foremost about Trust. To make them more efficient, available and ultimately fair, Digital

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The Kraft Heinz Company Unveils Its Strategic Transformation Plan, Updates 2020 Outlook, and Provides Long-term Financial Algorithm

Today, Miguel Patricio, Chief Executive Officer of The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”), and members of his senior leadership team are unveiling a transformation of the Company. A new strategy, operating model and key initiatives signal a fundamental shift in its approach to growing its brands and its business at a global scale. The Company also is establishing a long-term financial profile and updating its third quarter and full year 2020 financial outlook.

“I am extremely confident that unlocking the power of scale with agility, combined with our new operating model, will return Kraft Heinz to consistent and sustainable growth,” said Patricio. “We are placing the consumer at the center of everything we do, leveraging our greatest assets, strengthening our partnerships, generating fuel that funds growth investments like our 30% increase in marketing spend, and creating a clear path to rebuilding Kraft Heinz into the … Read More

New Python-based trojan targets financial tech firms to steal sensitive data

Dubbed PyVil, the new remote access trojan goes after passwords, documents, browser cookies, and email credentials, says Cybereason.

Trojan horse

Image: IvonneW, Getty Images/iStockPhoto

A new remote access trojan (RAT) is aiming at financial technology companies in the UK and European Union to capture sensitive information through keylogging and screen captures. Described in a Thursday blog post from cybersecurity firm Cybereason, the RAT named PyVil comes courtesy of the Evilnum APT (Advanced Persistent Threat) group. But this one has a few new tricks up its sleeve compared with previous trojans deployed by the group.

SEE: Security Awareness and Training policy (TechRepublic Premium) 

In its blog post, “No Rest for the Wicked: Evilnum Unleashes PyVil RAT,” Cybereason points to Evilnum as an operation whose malware attacks and phishing campaigns are highly targeted. The group typically sets its sights on financial technology (FinTech) companies, and mostly those located in the UK and EU.

To

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Phunware Provides Upwardly Revised Financial Guidance for Application Transactions Business

AUSTIN, Texas–(BUSINESS WIRE)–Phunware, Inc. (NASDAQ: PHUN) (the “Company”), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today that it has upwardly revised the financial guidance previously provided for its Application Transactions business. The Company currently projects that its non-recurring media transaction revenues will increase by more than 60% quarter-over-quarter, with strong growth specific to new media sales wins on mobile.

Since inception in 2009, Phunware has helped brands of all sizes navigate the complex ecosystem of mobile and digital advertising, allowing customers to engage audiences and drive business outcomes and results for digital transformation. The Company provides best-in-class mobile advertising software, tools and services, including expertise with media strategy and planning, mobile-first creative development, custom audience creation and campaign management and optimization, as offerings within its core Multiscreen-as-a-Service (MaaS) enterprise cloud platform for mobile.

The majority of Phunware’s

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