The Wasil Foundation, a Pakistan-based microfinance institution, won the Islamic Microfinance Challenge, a global contest to identify innovative Sharia-compliant financial products. Wasil won the $100,000 grant award for its package of products aimed specifically at smallholder farmers.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7065951-cgap-2013-islamic-microfinance-challenge-winner-the-wasil-foundation/
The National Insurance Crime Bureau (NICB) today issued a warning to the public about an organized scam involving sales of vehicles through the popular online market place, Craigslist.
Working with law enforcement agencies in the Chicago area and across the Midwest, NICB has identified nearly 100 instances of sales of vehicles that went sour when phony bank checks were used to pay for the vehicle.
“These scams are well organized and have all the appearances of being legitimate,” said NICB President and CEO Joe Wehrle. “But in the end, the criminal gets the car and the sellers or their financial institutions are left on the hook for thousands of dollars still owed on the car.”
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7523151-nicb-craigslist-auto-sales-scam/
For families who have a dependent with special needs, financial planning often takes a back seat to the necessities of daily life; but it also bears an increased importance.
“April’s Autism Awareness Month offers a great opportunity to emphasize the importance of planning for families who are caring for a dependent child, sibling or spouse with special needs,” said Ruthann Driscoll, JD, CLU, CFP®, director of advanced planning at Northwestern Mutual. “Crafting a comprehensive plan that addresses the needs of the dependent with special needs — for today and for tomorrow — and balancing that with the needs of the rest of the family is essential to achieving lifelong financial security.”
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7422151-northwestern-mutual-autism-awareness/
Dozens of actors, musicians, sports personalities and other distinguished guests donated their time on September 11th to honor the memories of those who lost their lives on 9/11 by raising more than $12 million for charities around the world. This special event, called Charity Day, is hosted each year by BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners” or “BGC”), a leading global brokerage company servicing the financial and real estate markets, and its affiliates Cantor Fitzgerald and GFI Group. Celebrities who attended the event included Matthew McConaughey, Common, and Liev Schreiber in New York, and Nicole Scherzinger, Tom Hardy and Jimmy Carr in London.
In addition to the millions of dollars raised for many worthy causes, BGC Partners, Cantor Fitzgerald and GFI Group announced they are raising $5 million for the families severely impacted by Hurricanes Maria and Jose in Puerto Rico. These funds will be raised over the next several months and prepaid $1000 American Express® cash cards will be distributed to 5,000 families in January 2019.
To view the multimedia release go to:
https://www.multivu.com/players/English/8320352-bgc-partners-2018-charity-day/
Corporate cyber-attacks cost the global economy hundreds of billions of dollars annually. Recent, high-visibility data breaches underscore the need for advanced cyber-security defenses, particularly in the financial services sector. Corporate boards and senior risk executives are taking notice, resulting in a surge in demand for qualified candidates to take on a new C-suite role: the Chief Information Security Officer (CISO).
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7245051-heidrick-and-struggles-debuts-leadershiptv-insights-cyber-attacks-for-c-suite/
Mercedes-Benz Financial Services USA LLC (MBFS) today announced it is adding an in-vehicle account management app to its suite of mobile tools for its customers in the United States.
The new app, called My MBFS, will automatically be added to the cloud-based infotainment system on model year 2013 and newer Mercedes-Benz vehicles equipped with the COMAND Navigation and a subscription to mbrace2™ with Mercedes-Benz Apps. My MBFS joins existing apps from Google, Yelp! and Facebook.
To view Multimedia News Release, go to http://www.multivu.com/mnr/61684-mercedes-benz-financial-services-mobile-technology-with-new-app
Remembering those who were lost by helping those in need; that's the meaning behind Charity Day at Cantor Fitzgerald, a leading financial services firm, and its affiliates BGC Partners, Inc. and GFI Group. On September 11, 2018, dozens of celebrities - including President Bill Clinton, Mr. Tony Blair, Common, Saquon Barkley, Alec Baldwin, and more - participated in the firms’ most successful Charity Day event to date, raising more than $12 million in a single day for various charities around the world. Charity Day also kicked off an effort to raise $5 million for Puerto Rico to help families affected by last year’s Hurricanes Maria and Jose to rebuild their homes and their lives.
Each year, Cantor Fitzgerald, BGC Partners and GFI Group donate 100 percent of the global revenues generated on Charity Day to the Cantor Fitzgerald Relief Fund and, to date, have raised approximately $159 million globally since its inception in 2005.
To view the multimedia release go to:
https://www.multivu.com/players/English/8320351-cantor-fitzgerald-2018-charity-day/
Dollar Car Rental, the leading family brand in the car rental industry, is rolling out an industry-leading debit card policy making it easier than ever to reserve a car using a debit card. The policy will eliminate credit checks, reduce proof of return travel and ID requirements, while also lowering the renter age restriction from 25 to 20 years old.
Financial expert and debit card advocate, Dave Ramsey, is joining forces with Dollar to help spread the word about the new, more customer-friendly policy, as it is a long-awaited solution that addresses a need he has seen firsthand.
To view the multimedia release go to:
https://www.multivu.com/players/English/8492251-dollar-car-rental-debit-card-policy/
Despite increasing regulatory requirements for hedge funds, only 10% of investors feel that regulations effectively protect their interests, and 85% of investors do not believe these requirements will help prevent the next financial crisis, according to Ernst & Young’s sixth annual survey of the global hedge fund market, Finding Common Ground.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59011-ernst-young-global-hedge-fund-survey-perceived-benefits-of-regulation
The Cantor Fitzgerald Relief Fund (“Relief Fund”) today announced that it worked with Houston-area school officials to donate prepaid $1,000 American Express® cash cards to the 5,000 families most severely affected by Hurricane Harvey, distributing total of approximately $5 million.
The donation is made possible by the Cantor Fitzgerald Relief Fund as well as by a grant from the firms and partners of Cantor Fitzgerald, Newmark Knight Frank and BGC Partners. With a combined presence of more than 500 employees throughout Texas, the combined companies have 180 employees who volunteered to effectively distribute direct financial aid to deserving families at Houston’s George R. Brown Convention Center on Sunday, February 11 and Monday, February 12.
To make this event a reality, the Relief Fund worked with the office of Houston Mayor Sylvester Turner, along with officials and administrators from 15 Houston-area school districts, covering 200 schools, whose efforts were critical to identifying the 5,000 of the most affected families. In addition to Mayor Turner, Sheila Jackson Lee, U.S. Representative for Texas's 18th congressional district, participated in the event, along with many other local officials and notables.
To view the multimedia release go to:
https://www.multivu.com/players/English/8262751-cantor-fitzgerald-hurricane-relief-fund/
McGruff the Crime Dog is about to “Take A Bite Out Of Crime,” specifically financial and investment fraud. Researchers estimate that consumer financial fraud cost Americans over $50 billion a year. In addition, a survey by the FINRA Investor Education Foundation of U.S. adults age 40 and older found that more than 80 percent of respondents have been solicited to participate in a potentially fraudulent scheme, and over 40 percent of those surveyed could not identify classic red flags of fraud.
To view the Multimedia News Release, go http://www.multivu.com/players/English/7195831-ncpc-finra-prevent-investment-fraud/
In Rogue Code, a cyberthriller by real-world cybersecurity expert Mark Russinovich, Jeff Aiken races against time to prevent hackers that have penetrated the New York Stock Exchange from carrying out a multibillion dollar heist and possible resulting collapse of the world’s financial markets. Find out more at http://markrussinovich.com Thriller/TechnoThriller
