Financing
Post-Brexit, UK To Relax Financial Laws To Gain Global Clout
The British government has announced a significant overhaul of financial rules in what is perceived as an effort to support the nation's position, which has been shaken by Brexit.
The UK's exit from the EU increased competition from Amsterdam, Paris,...
News
Fintech Future of Europe Has Shades of Traditional Banking
Giant fintech companies in Europe were founded on the promise of innovative financial methods. Their future moves are starting to resemble tried-and-true traditional banking as a result of the pressure from increasing interest rates and anxious investors.
Following US-Irish rival...
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 Deloitte’s 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 Inc’s best-in-class suite of digital payment solutions with...
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