Sales and incentives to rise, dealer profits to dip in 2025
Auto sales are projected to climb in 2025, driven by increased incentives, while dealer profits are set to shrink amid…
REPAY & Emotive partner for improved automotive loan payment acceptance & management
With collecting payments in the headlines nowadays, REPAY announced a new integration with Emotive Software this week. The companies highlighted auto finance companies can now take advantage of the combined functionality of REPAY’s convenient, automation-enabling payment technology and Emotive’s comprehensive … [Read More]
States could pick up where CFPB left off
The uncertain status of the Consumer Financial Protection Bureau could result in more state-based regulations. In one recent example, New York State…
Google Cloud wins major FS deals
Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.
Ledger Investing to bring AI and efficiency to reinsurance & ILS market with Korra
Ledger Investing has launched Korra, a separate SaaS platform company that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities (ILS) market.
Aon appoints Rishi Mehra as Head of India
Insurance and reinsurance broker Aon has named Rishi Mehra as the Head of India, reporting to Anne Corona, Chief Executive Officer of Asia Pacific. Mehra will begin transitioning to his new role immediately and will be based in Mumbai by mid-2024.
World Economic Forum warns of AI threats in annual risks report
Agents and Brokers, Emerging Risks, Environmental, Technology, Terrorism Marsh & McLennan, Zurich
Deutsche Bank forms stablecoin joint venture company
Deutsche Bank’s DWS is collaborating with crypto invesment firm Galaxy Digital and liquidity provider Flow Traders to create a joint venture for issuing a EUR-denominated stablecoin.
Lloyds Banking Group to test neurosymbolic AI
Lloyds Banking group is opening its innovation sandbox to a neural network-based AI product from UnlikelyAI.
Goldman, Nomura tap Meta Llama AI models
Goldman Sachs and Nomura are among the companies using Meta’s Llama open source artificial intelligence models.