Hardening of energy market limited by positive factors: WTW
Positive factors continue to limit the hardening of the market dynamic in upstream and downstream energy insurance, according to a WTW report.
4 immediate actions by acting CFPB director
Here’s perhaps a noticeable change of pace in the compliance and regulatory worlds. Both the American Financial Services Association and the Consumer Bankers Association are eager to see what’s coming next from the Consumer Financial Protection Bureau. It all stems … [Read More]
Tech complexity spurs enhanced risk measures
Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the…
Binance Kazakhstan gains consent for full regulatory license
Binance Kazakhstan has been granted consent for a full regulatory licence from Astana Financial Services Authority (AFSA).
Violence against educators increases, triggering more workers comp claims
Claims Disputes, Claims Management, Current Issue, Workers Comp, Workplace Safety
Polaris, Suzuki incentives surge in June
Off-road vehicle incentives are surging in June as manufacturers vie for market dominance. Manufacturers Bombardier Recreational Products and Polaris are…
Hub launches digital placement platform for personal lines coverage
Agents and Brokers Hub International
Revolut and Monzo go head-to-head with interest bearing savings accounts for kids
Revolut is launching an Instant Access Savings accounts for kids and teens aged 6-15 with market-beating rates of up to 4.5% AER
AXA Tianping collaborates with Akur8 to strengthen pricing process
AXA Tianping, a member of the AXA Group and one of China’s largest P&C insurers, and Akur8, an AI-driven insurance pricing technology company, have announced a collaboration.
Thought Machine goes global with latest hiring spree
UK cloud-native core banking vendor Thought Machine is gearing up for growth by boosting its global headcount by more than 20% – 125 people – as it makes its first hires in India, Japan and South Africa.
PictureWealth scores $12 million seed funding; acquires NFS
Australian wealthtech startup PictureWealth has secured $12 million in seed funding and acquired Perth-based financial planning tool NEO Financial Solutions for an undisclosed sum.
Podcast: Q3 earnings season begins, Octane enters marine
Chase Auto and Wells Fargo kicked off the Q3 earnings season last week, with both lenders reporting flat or lower…
Bunq leverages NVIDIA AI to debunk financial fraud
Dutch neobank bunq this week announced their partnership with NVIDIA to combat fraudsters with the help of accelerated computing and AI.
SoFi fined $1.1 million over flawed ID programme that led to multi-million dollar fraud
SoFi’s self-directed retail brokerage unit has been fined $1.1 million by financial regulator Finra over ID verification failures that enabled thieves to steal $8.1 million from the accounts of customers at other financial institutions.