Kraken and Mastercard team on crypto debit cards
Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide.
Sompo International appoints Nicholas Walsh to board of directors
Sompo International has appointed Nicholas Walsh to its board of directors.
Axa faces coverage ambiguity in 1,700 restaurant contracts
Claims Disputes, Coronavirus, Coverage Disputes, P/C Insurers, Property, Risk Management France Axa
CMA announces completion of open banking roadmap
The Competition and Markets Authority (CMA) has announced the completion of the open banking roadmap on the fifth anniversary of PSD2, which mandated open banking as a regulatory requirement in the UK.
Kinsale Capital’s Q1’25 net income impacted by $17.8m in cat losses
Kinsale Capital Group, Inc. has announced its financial results for the first quarter of 2025, reporting a net income of $89.2 million, which includes after-tax catastrophe losses of $17.8 million.
InvestCloud installs former Fiserv chief Yakubi as CEO
WealthTech firm InvestCloud has appointed former Fiserv CEO Jeff Yakubi as CEO and chairman.
AIG expects wide industry COVID losses; cuts insurtech unit
Aviation, Catastrophes, Coronavirus, Financial Results, General liability, Marine, Mergers and Acquisitions, P/C Insurers, Property, Reinsurance, Risk Management, Workers Comp Cost Control AIG
Sibos 2025: Why Europe needs the integration of capital markets
In the only Europe-centric session at Sibos in Frankfurt, Swift’s Marianne Demarchi led a conversation titled: “View from the Top: Securing Europe’s financial future – Resilience, autonomy, and global impact.”
Fairfax declares Muddy Waters accusations as ‘false and misleading’
Fairfax Financial Holdings Limited has further denied recent allegations made in the Muddy Waters report regarding the firm having manipulated its valuation and income by engaging in certain transactions.
NatWest launches Climate Hub to help SMEs go green
Under its £100 billion Climate and Sustainable Funding and Finance ambition, NatWest is now providing tools, via an online Climate Hub, to help small and medium-sized enterprises (SMEs) go green.
Lloyd’s market secures three-year continuation of FCP Service with new contract
The Lloyd’s Market Association (LMA), LIMOSS and Vitesse have signed a new contract to continue the market-wide FCP Service for a minimum of three years, reaffirming their commitment to an insured-first approach that accelerates claims payments and returns capital to carriers’ balance sheets.
Podcast: An automotive business expert breaks down the Tricolor bankruptcy
As the Department of Justice investigates the alleged fraudulent claims against Tricolor Auto Acceptance, one expert warns that there may…
Hedera Hashgraph beats DLT competitors on energy consumption
A research report by University College London (UCL) has examined the varying environmental impacts of six different distributed ledger technologies (DLT), finding that Hedera Hashgraph boasts the lowest overall energy consumption of the group.