JPMorgan Chase sues customers over viral ‘infinite money glitch’
JPMorgan is suing customers who took advantage of a glitch in the bank’s cheque deposit service to withdraw thousands of dollars from its ATMs.
Rising inventories lead to ramp up of incentive spending
Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle inventory surpassed 3 million…
Skyfire payments network for AI agents exits beta
Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.
MHA names Ahmer Khan UK head of Insurance
Accounting and advisory firm MHA, the UK and Ireland member of the Baker Tilly international network, has announced the appointment of Ahmer Khan as its new head of Insurance for the UK.
Liberty Specialty Markets names Laura Burns Head of Client Management
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group has announced that it has appointed Laura Burns to the newly created role of Head of Client Management, effective immediately.
Nonprime lenders project originations to grow in 2024 despite rising cost of funds
Nonprime lenders project originations to grow in 2024 despite the increasing cost of funds and the challenges of credit performance…
Starling embarks on hiring spree as SaaS unit Engine moves to new HQ
Starling Bank has opened a London HQ to house its Software-as-a-Service business Engine, creating space to house a growing staff roster, with 150 new roles to be recruited.
Barclays integrates online banking and investing accounts
Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.
M&A market buoyant despite economic instability – WTW
Reports of global merger and acquisition (M&A) activity entering a dry spell appear to be premature, WTW says.
US core inflation rises less than forecast for fourth month
Underlying US inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are…
Fosun’s AmeriTrust to be acquired by AF Group
Global specialty re/insurer AF Group has entered into a definitive agreement through its subsidiary, Accident Fund Insurance Company of America, to purchase AmeriTrust Group from Fosun.













