AI, cloud, blockchain and quantum computing form some of the pillars the much-discussed Fourth Industrial Revolution, with financial services watching on in anticipation of the disruption they promise in the years ahead.
Buy-side firms are having to user a greater number of ESG data providers in order to make up for the lack of corporate disclosures around sustainability.
AXA Investment Managers has completed its first live market transacation using stablecoins issued by SG Forge, the digital asset arm of Societe Generale.
US primary insurer Travelers decided to increase the size of its catastrophe excess-of-loss (XoL) reinsurance treaty at its January 1st, 2024, renewal, with the 2024 tower extending up to $3.525 billion of qualifying losses, compared with $2 billion in 2023, while the retention is unchanged year-on-year.
Finextra attended the Citi Digital Money Symposium, which brought together experts from all over the industry to discuss innovation and emerging trends across the online payments sector in 2023. The conference looked at the challenges that could arise as the payments ecosystem becomes increasingly digital.
Ford Motor Co.’s leader warned of a bleak outlook for electric vehicles as President Donald Trump’s policies breathe new life…
Tricolor Holdings’ chaotic collapse and potential double-pledging of autos to creditors sent Fifth Third Bancorp executives on a “house-to-house” search…
A secondary share sale has seen the valuation of MENA-based financial app Tabby rise to more than $4.5bn.
Auto loan interest rates on new and used vehicles inched down sequentially in May but remained higher than rates reported…
Agents and Brokers, P/C Insurers, Reinsurance Switzerland, United Kingdom
Coinbase has acquired crypto investment platform Echo for around $375 million in cash and stock.
