Insurance
Medical Groups Including AMA Resist Pending Medicare Cuts
The American Medical Association and every state medical society have written to congressional leaders, warning them that any reduction in Medicare payments will undermine Medicare's capacity to deliver on its promises to seniors.
The groups are asking Congress to take...
News
SEC Wants Public Listed Firms To Report Cryptocurrency Risk
The quick and dramatic collapse of cryptocurrency trader FTX and its sibling companies has prompted the Securities and Exchange Commission (SEC) to demand that publicly traded corporations disclose information about their exposure to troubled crypto firms to investors.
The SEC...
Financing
UK Overhauls Its Financial Industry To Encourage Growth
The U.K. government unveiled significant financial regulation changes on December 9, claiming that they will update EU laws that choke off growth.
A modification of the law requiring banks to segregate their retail activities from their investment arms is one...
Asset Management
Akros Technologies, an AI-powered asset management platform, raises funding from Z Holdings
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. In Deloitteโs 2019 report, the firm reveals that AI is transforming the financial ecosystem to reduce costs and make operations more efficient by...
Cards & Payments
Arbella Insurance Group Adds One Inc’s PremiumPay and ClaimsPay With Diversified Digital Payment Options
One Inc, the leading digital payments network for the insurance industry, announced today that Arbella Insurance Group, a customer-focused, regional property, and casualty insurance company based in Massachusetts, has selected One Incโs best-in-class suite of digital payment solutions with...
Cards & Payments
RBI to introduce new functionality for UPI payments, allowing multiple debits
RBI governor Shaktikanta Das announced an additional function for Unified Payments Interface (UPI) platforms that would allow multiple debits. Mr. Das was effusive in his praise for the digital payment system in his address at the conclusion of the...
Cards & Payments
Strike partners with Bitnob to facilitate cross-border payments into Africa
The Lightning Network has struck Ghana, Kenya and Nigeria. During a conference in Ghana, Strike CEO Jack Mallers announced that the Bitcoin payments company has partnered with the mobile app Bitnob to facilitate payments into Africa.
Mallers made the announcement...
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