JPMorgan plans major roll out of biometric payments
JPMorgan Chase is planning a broad roll out of biometric payments with US retailers by early next year, enabling shoppers to make purchases by scanning their palms or faces.
Inside Octane’s penetration, tech strategies
Powersports lender Octane is working to deepen its penetration in the powersports market while simplifying the financing process for dealers…
Mastercard supercharges fraud detection with GenAI
Mastercard is turbocharging its fraud detection technology with generative AI that can scan a trillion data points to predict whether a transaction is likely to be genuine or not.
Capital One originations increase more than 20%
Capital One Auto Finance’s originations grew in the first quarter following several quarters of year-over-year declines. Originations totaled $7.5 billion,…
GIC Re to implement SAP Fioneer’s technology to meet IFRS17 requirements
In order to adopt the International Financial Reporting Standard 17 (IFRS17) by the official target date India’s General Insurance Corporation (GIC Re) has chosen to implement SAP Fioneer’s Financial Products Subledger (FPSL) for Insurance solution offering.
Zurich NA reshuffles Direct Markets and Crop leadership as Santivasi departs
Zurich North America has appointed Jason Meador, currently Head of Zurich’s crop insurance business, Rural Community Insurance Services (RCIS), to lead the Direct Markets business. The appointment is effective February 1st, 2024, and he will continue to report to Kristof Terryn, Chief Executive Officer, Zurich North America as a member of the firm’s Executive Committee.
Chubb CEO calls pandemic slow-rolling global catastrophe
Catastrophes, Coronavirus, Financial Results, P/C Insurers, Property, Risk Management, Workers Comp Pricing Chubb Ltd.
Citi invests in stablecoin outfit BVNK
Citi is the latest big-name traditional financial services player to invest in stablecoin infrastructure platform BVNK.
Selective Insurance appoints Kate Sampson to Board of Directors
Selective Insurance Group, Inc. has appointed Kate Sampson to its Board of Directors, effective July 1st, 2024, taking the number of members on the Board to 13, before expected retirements.
Everest Re names former AIG exec to accident and health post
P/C Insurers, Reinsurance AIG, Everest Re
Allianz Life & Munich Re Automation Solutions to launch SaaS-based underwriting solution
Allianz Life has partnered with Munich Re Automation Solutions to implement ALLFINANZ SPARK, a SaaS-based automated underwriting and analytics solution.
Riverstone International appoints David Rocke as group head of M&A
Legacy reinsurance and run-off specialist, RiverStone International has appointed David Rocke as group head of M&A.
Latin American payments platform dLocal wins UK licence
Latin American cross-border payments platform dLocal is expanding in the UK after securing an authorised payment institution licence from the FCA.
SCOR confirms departure of reinsurance CEO Stuart McMurdo
SCOR, one of Europe’s big four reinsurers, has confirmed that Stuart McMurdo, Chief Executive Officer (CEO) of its reinsurance segment, is to leave the company.
Bell & Williams taps RISC for compliance monitoring
According to a post on social media, Bell & Williams Associates has selected Recovery Industry Services Co. (RISC) as its exclusive partner for third-party recovery agent compliance monitoring. In a move that was effective Oct. 1, RISC will manage all … [Read More]