Metro Bank settles software infringement case
Metro Bank has settled a a legal claim with US software company Arkeyo over allegations that it leaked the company’s coin counting technology to a rival firm.
Tokio Marine names intellectual property head
Cyber Risks, Intellectual Property, P/C Insurers United Kingdom
Central bank says Revolut needs licence to do business in Ukraine
Ukraine’s central bank says that Revolut does not have a licence to operate in the country despite the London-based fintech’s announcement earlier this month that residents can now open accounts.
Harris’ record with business includes noncompetes, privacy fights
Cyber Risks, Employment Practices, Energy, Regulation
Clearstream launches tokenized securities platform
Clearstream is to offer clients a choice between digital and tokenized issuance of securities with the launch of a blockchain-based system operating over Google Cloud.
ECB to run first cyber resilience stress tests
The European Central bank is to run its first thematic stress tests on cyber resilience to determine how well individual banks would respond to and recover from a cyber attack.
USI files two more poaching lawsuits against Alliant
Agents and Brokers, Employment Practices Alliant Insurance, USI Insurance Services
ARS promotes 3 executives after CEO’s passing
The Patrick K. Willis Co., which does business as American Recovery Service (ARS), had to make three executive changes this week following the passing of Peter Willingham, who was chief executive officer since 2010. Taking over as CEO is Dave … [Read More]
CyberCube enters into multi-year partnership with Mathison Insurance
CyberCube, a provider of cyber risk analytics for the insurance sector, has signed a multi-year partnership with Mathison Insurance Partners, in a move that will allow Mathison to deliver enhanced cyber risk solutions to its retail partners and clients.
Mastercard Move taps Thunes for payouts to stablecoin wallets
Mastercard Move is to enable near-instant payouts to stablecoin wallets via Thunes’ Direct Global Network.
ASA bans Lloyds ad on greenwashing grounds
The Advertising Standards Authority has upheld a claim against greenwashing by Lloyds Banking Group, banning an advert that burnished the bank’s environmental credentials but failed to mention its ongoing support for fossil fuel polluting industries.
US consumer confidence drops on broad concerns about economy
US consumer confidence unexpectedly declined in June, underscoring lingering anxiety about the potential impacts on the economy and job market…
AM Best maintains negative outlook on Argentina’s insurance industry amid economic challenges
In a recent Market Segment Report, global credit rating agency AM Best has announced its decision to maintain a negative outlook on Argentina’s insurance industry.
Lockton unveils global space practice, led by PIIQ’s Ian George
Lockton, an independent insurance broker, has launched a new global space practice led by Ian George, Head of Space, and joined by Russell Sawyer and Mark Williamson as Account Executive and Consultant, respectively.