FCA chief warns banks of AI risks and Big Tech threat
FCA chief Nikhil Rathi has urged banks to up their spending to combat the rise in AI and the threat of ‘deep fake’ fraud.
FTC acknowledges regulatory petition involving spot deliveries
Spot deliveries now are back on the radar of federal regulators. The Federal Trade Commission acknowledged on Wednesday and began the request for comment process involving a petition it again received from six consumer advocates to create regulation involving what … [Read More]
NextGen Nordics: Nstart aims to combat debt with sustainable lending
Ahead of our NextGen Nordics conference on 27 April 2022, we will be putting together a weekly briefing of selected top stories that are emerging out of the region and setting the blueprint for payments innovation across Denmark, Finland, Iceland, Norway, and Sweden.
Shawbrook shares rise on LSE debut
Shares in Shawbrook rise more than six per cent on the specialist lender’s first day of trading on the London Stock Exchange.
Christopher Dines named Head of Client Service for Miller’s new real estate team
Miller, an independent specialist re/insurance broker, has appointed Christopher Dines as Head of Client Service within a newly created Real Estate team, effective immediately.
Citi and SDX announce digital assets plan for private markets
Citi has teamed up with Swiss post-trade group SDX in a bid to develop tokenisation for private market assets.
Lloyd’s backs BreachBits with strategic investment to strengthen cyber risk management
Lloyd’s, the insurance and reinsurance marketplace, has made a strategic investment in BreachBits, a cyber risk innovation company founded by former US military cyber warfare veterans.
Jason Bolding to succeed Bill Dubinsky as CEO of Gallagher Securities
Gallagher Securities, the insurance-linked securities (ILS) and capital markets division of reinsurance broker Gallagher Re, has appointed Jason Bolding as its new Chief Executive Officer (CEO).
JPMorgan’s Dimon stresses ‘critical’ impact of AI
In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon has singled out the “critical impact” of AI and the “essential” importance of migration to the cloud.
NADA welcomes House proposal to nullify FTC CARS Rule
As the National Automobile Dealers Association prepared to open NADA Show 2024 in Las Vegas, a development surfaced back in Washington, D.C., that the organization cheered, too. Rep. Kelly Armstrong, a North Dakota Republican in the U.S. House of Representatives, … [Read More]
Klarna and Clover ink in-store BNPL pact
Klarna has moved to boost its in-store presence in the US, bringing its BNPL payment options to 100,000 merchant locations though a deal with Fiserv’s Clover point-of-sale business.
Open Lending partners with Point Predictive to boost underwriting in non-prime space
Open Lending recently formed a partnership with Point Predictive Designed to bring enhanced speed, security and performance to auto finance companies that want to book near-prime and non-prime paper, the service providers highlighted that the partnership integrates the capabilities of … [Read More]
Dale Underwriting appoints Carter Class Underwriter, Energy and Liability insurance
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Andrew Carter as Class Underwriter, Energy and Liability insurance.