Wise shareholders back plan to move listing to the US
Wise shareholders have voted in favour of the fintech’s plan to shift its primary listing from London to the US.
JP Morgan predicts increased life reinsurance claims in the US from Covid
JP Morgan has said it expects life reinsurance claims to be higher in the US due to Covid.
Chancellor and BofE governor bang the post-Brexit drum for UK fintech
Phillip Hammond, the UK Chancellor, has highlighted the critical role played by fintech in helping the UK to mitigate any negative economic impact that may result from Brexit.
Caroline Ellison gets two-year prison sentence for part in FTX fraud
Caroline Ellison, the former girlfriend of FTX co-founder Sam Bankman-Fried, has been sentenced to two years in prison for her part in the crypto exchange’s collapse.
CatX’s Catamaran integrates Verisk’s model to attract capital into ILS
CatX, the digital marketplace that connects re/insurers and brokers with alternative capital, has adopted catastrophe risk analytics from the Extreme Event Solutions group at Verisk, a global data analytics and technology provider.
Ruling affirmed against gentlemens clubs in COVID case
Claims Disputes, Coronavirus, P/C Insurers, Risk Management
Fi Money’s ‘Magic Lens’ gives users a true picture of their net worth
Indian money management firm Fi Money is giving users a comprehensive overview of their financial net worth by snapping photos of physical assets and providing an instant valuation.
Big Wheels: Citizens to kick off first auto ABS issuance of 2024
Citizens Financial Group is gearing up to issue the industry’s first prime auto asset-backed securities transaction of the year following…
Canada Life completes third pension scheme buy-in worth £41m with A.G. Barr p.l.c.
Canada Life, an insurance and financial services company, has completed its third pension scheme buy-in transaction worth £41 million with drinks maker, A.G. Barr p.l.c., safeguarding 300 pension scheme members’ future benefits.
Tandem turns in first underlying profit
UK challenger bank Tandem has reported its first full year of underlying profit, joining fellow challengers Monzo and Starling on the path to profitability.
Finastra calls developers for community bank-focused appathon
Finastra is running its first public appathon, inviting fintech firms and developers to build applications that help North American community banks and credit unions.
Credit availability dips 3%, affordability improves
While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined. Credit access decreased…
Irish banks unite to take on Revolut with P2P payments app
Ireland’s top three retail banks are to jointly launch a mobile payment service, Zip Pay, next year to rival fintech giant Revolut.