Tag: Services

Posted in Money

Money Plus, proprietor banned from carrying out investment advisory services

NEW DELHI :
Markets regulator Sebi has barred Money Plus Research Advisory and Financial Services and its proprietor Pravin Meshram from acting as investment advisors, for providing unauthorised trading tips to investors.

Besides, they have been restrained from accessing the securities market until further orders.

After receiving complaints, the Securities and Exchange Board of India (Sebi) carried out a preliminary examination to ascertain whether unregistered investment advisory activities are being carried out by the firm.

In its interim order, Sebi said Money Plus is soliciting and inducing the investors to deal in the securities market on the basis of investment advice, stock tips, etc., prima facie, without having the requisite registration as mandated under the investment advisor (IA) regulations.

The amount of money, prima facie, observed to have been collected by Money Plus and its proprietor Pravin Meshram was 53.85 lakh.

Accordingly, the regulator has directed Money Plus and

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Posted in Personal

UMB Healthcare Services Simplifies Benefit Card Payment Processing

Your single solution for multi-purpose card issuance, administration and payment processing – at a fraction of the cost

KANSAS CITY, Mo., Sept. 9, 2020 /PRNewswire/ — UMB Healthcare Services, a division of UMB Financial Corporation (Nasdaq: UMBF), announced today a new cost-effective payment processing solution that is tailor-made for small to mid-size benefit administrators. It offers a full suite of multi-purpose benefit card management services, including issuing, processing and administration. UMB is taking its years of card expertise and its long-standing integrated relationships with global payments technology organizations to provide an easy-to-use benefit card solution for all types of consumer directed healthcare (CDH) accounts.

UMB Financial Corporation

This new offering from UMB eliminates the need to establish a costly payment technology services relationship and work with a processor.

“We are excited to offer this unique service to help benefit administrators save both time and money,” said Phil Mason

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Posted in Money

Routable Raises $12M For Digital B2B Services

Routable, which aims to simplify the sending and receiving of B2B payments, has come off a Series A funding round with $12 million, a press release says.

That comes out to $16 million that the company has raised overall.

The round featured contributions from Y Combinator, Founders Co-Op, Lee Fixel, Box Group, as well as Liquid 2 Ventures, Jason Gardner, Gokul Rajaram, Aaron Schildkrout, Sam Hodges, Immad Akhund and more, the press release says.

The company plans to use the money to continue growing, including hiring more people and scaling the product.

Routable co-founder and chief executive Omri Mor said the idea behind Routable was to accommodate different companies’ needs for payments.

“Sending 1,000 business payments per month is a much different proposition than sending 10,000 or 100,000 monthly payments,” said Mor. “We believe finance departments deserve the best software and support as

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Posted in Business

AccentCare, Fairview Health Services form post-acute business

Dallas-based AccentCare and Minneapolis-based Fairview Health Services plan to launch a new post-acute business in Minnesota.

AccentCare, a post-acute healthcare provider, will be the majority owner in the business, and Fairview, a not-for-profit health system, will retain a 20% stake in the company, according to a news release. The deal is expected to close Nov. 2.

The new business, AccentCare Fairview, will be the preferred post-acute provider of home health and hospice services for Fairview, according to the release.

“Today is the culmination of a journey we have been on to solidify a future of service-minded, quality home health and hospice care for Minnesotans in their most cherished environment—their homes,” AccentCare CEO Steve Rodgers said in a prepared statement.

AccentCare has more than 30 partnerships with insurance companies, physician groups and health systems, including the joint-venture companies AccentCare Asante Home Health, AccentCare UC San Diego Health at Home, AccentCare UCLA

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Posted in Personal

As Shoppers Go Digital Amid the Pandemic, Here’s How Neiman Marcus Is Adapting Its Services

Click here to read the full article.

Neiman Marcus is expanding its roster of online services as the coronavirus pandemic continues to change the way shoppers engage with retailers.

The luxury department store announced today the launch of a digital hub dubbed Your Neiman’s, where customers can secure personal appointments in stores, set up curbside pickup, learn about trends and designers during virtual events or engage via video with the chain’s stylists.

More from Footwear News

“The world is changing, and we’re all adjusting our habits to accommodate the new normal,” president and chief customer officer David Goubert said in a statement. “The comfort and safety of our customers and associates are our utmost priority. We’ve introduced innovative ways to be here for them, now in more ways than ever.”

As state and local governments loosen lockdown restrictions on nonessential businesses, Neiman Marcus is gradually reopening its locations across the

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Posted in Business

5 Business Services Stocks to Buy While Pandemic Continues

Wall Street has been reeling under volatility since mid-June, following the second wave of coronavirus in more than 20 U.S. states. New cases of COVID-19 jumped as all 50 states started reopening after nearly two months of lockdowns. The resurgence of the deadly virus has raised several questions about the much-hyped, V-shaped recovery of the U.S. economy.

Despite the resurgence of coronavirus, several business service stocks have skyrocketed in the past three months. A handful of them carries a favorable Zacks Rank.

Sector Looks Promising

The business services sector comprises consulting, staffing, financial tractions, outsourcing, advertising, waste removal, building maintenance, technology services and auction/valuation services industries. This sector benefited from a higher demand for expertise to improve operational efficiency and reduce costs.

U.S.states eased restrictions and started to open up their economies in the last week of May. This favored the sector following nearly two months of lockdowns. Although, some

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Posted in Money

Coronavirus’s painful side effect is deep budget cuts for state and local government services

<span class="caption">Washington state cut both merit raises and instituted furloughs as it faced a projected $8.8 billion budget deficit because of the coronavirus.</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://www.gettyimages.com/detail/news-photo/washington-state-olympia-state-capitol-building-with-spring-news-photo/452908636?adppopup=true" rel="nofollow noopener" target="_blank" data-ylk="slk:Wolfgang Kaehler/LightRocket via Getty Images">Wolfgang Kaehler/LightRocket via Getty Images</a></span>
Washington state cut both merit raises and instituted furloughs as it faced a projected $8.8 billion budget deficit because of the coronavirus. Wolfgang Kaehler/LightRocket via Getty Images

Nationwide, state and local government leaders are warning of major budget cuts as a result of the pandemic. One state – New York – even referred to the magnitude of its cuts as having “no precedent in modern times.”

Declining revenue combined with unexpected expenditures and requirements to balance budgets means state and local governments need to cut spending and possibly raise taxes or dip into reserve funds to cover the hundreds of billions of dollars lost by state and local government over the next two to three years because of the pandemic.

Without more federal aid or access to other sources of money (like reserve funds or borrowing), government officials have made it clear: Budget cuts will be happening in the coming

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Posted in Business

Arm offloading its internet of things services business ‘makes float more likely’

Cambridge-based chip firm Arm dominates the smartphone market - Arm Holdings/Bloomberg News
Cambridge-based chip firm Arm dominates the smartphone market – Arm Holdings/Bloomberg News

Arm’s decision to spin-off its “internet of things” (IoT) services business and focus on its core chip design business are signals a float is “now more likely”, analysts say.

The SoftBank-owned chip designer announced it would hive off its IoT services division late on Tuesday. The Cambridge firm, which was bought by SoftBank in 2016 for £24bn, said it would transfer two businesses to the Japanese conglomerate, which would then oversee them directly. 

Arm has built up the business under four years of ownership by the Japanese firm.

SoftBank has the experience to make the most of the potential of the IoT sector, said Arm’s chief executive Simon Segars. 

Mr Segars said: “SoftBank’s experience in managing fast-growing, early-stage businesses would enable ISG to maximize its value in capturing the data opportunity. 

“Arm would be in a stronger position

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Posted in Money

45 Expensive Services You Really Should DIY

Whether it’s your car, your home, your yard or yourself, everything eventually needs some fixing up. Some things require the services of a professional, but you can do many other things yourself — including home upgrades that only look expensive — and save a bundle. To save some money, see which services you can easily do yourself.

Manicures and pedicures can cost as much as $20 to $50 apiece and sometimes even more, depending on where you go for this luxury service and what extras you purchase. Save money by pampering your nails yourself. You’ll need to purchase some items upfront to DIY, but handling these tasks at home will add up to big savings over time. When doing your own mani-pedi, just stick to the five S’s: soak, scrub, soften, soothe and seal.

A facial from a high-end spa can run you around $50 or more — but not … Read More