JPMorgan issues AI-generated Account Confidence Score for corporate payments
JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.
Podcast: ‘Weekly Wrap’ on leasing, HOG earnings
Captives’ second-quarter earnings last week reflected portfolio growth despite affordability and incentive challenges. Ford Credit and GM Financial’s outstandings increased…
Softening airline insurance market benefits buyers in Q2’24: Gallagher Specialty
Gallagher Specialty’s Plane Talking Q2 2024 report highlights that excess capacity and heightened competition are driving a softening of rates, creating a more competitive pricing environment that benefits airline insurance buyers.
Google Finance gets AI reboot
Google is giving its financial data, news and analytics service an artificial intelligence makeover.
Refinitiv boosts wealth management biz through Scivantage acquisition
Refinitiv has moved to strengthen its digital wealth management business through the acquisition of tech house Scivantage. Financial terms were not disclosed.
Loan volume drives up GM Financial originations 23%
GM Financial set a quarterly record for originations in the fourth quarter driven by higher retail loan volume in North…
Colombian payments startup Bold raises $50m
Colombian payments fintech Bold has raised $50 million in a Series C funding round led by General Atlantic.
Gallagher reports 20% revenue increase in Q1
Agents and Brokers, Catastrophes, Cyber Risks, D&O, Emerging Risks, Financial Results, General liability, Mergers and Acquisitions, P/C Insurers, P/C Pricing, Property, Regulation, Reinsurance, Risk Management, Technology, TPA, Workers Comp Coverage Arthur J. Gallagher & Co.
Morgan Stanley hit with $35m penalty for device disposal failings
Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about 15 million customers.
Law firm sues for income lost due to court closure
Catastrophes, Coronavirus, Emerging Risks, P/C Insurers, Property The Hartford Insurance Group Inc.
Motorhome values rise 7.7% year over year
Mortorhome values increased year over year and month over month in July while towable values inched up sequentially but fell…
MS Amlin launches Financial Lines cover in Middle East
MS Amlin, the Lloyd’s global re/insurer, has confirmed this is in response to an increase in M&A and IPO activity across the region.
Acrisure London Wholesale enters strategic partnership with Israeli broker Madanes
Acrisure London Wholesale (ALW), the London-based wholesale division of Acrisure, has announced a strategic broking partnership with Israeli insurance broker Madanes.
Payments infrastructure firm Finix raises $75m
Full-stack payment processor Finix has raised $75 million in Series C funding round led by by Acrew Capital and joined by Citi Ventures.