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South Dakota’s Security Insurance Joins Midwest Insurance Agency Alliance

Security Insurance Group Inc. (SIG) of Pierre, South Dakota, has joined Midwest Insurance Agency Alliance (MIAA), a network of insurance agencies across seven states. Founded in 2012, SIG is a full-service insurance agency owned by Vern Armstrong. The agency offers...

COVID-19: Insurance innovation to cater to consumer needs

The COVID-19 or coronavirus outbreak that began in China towards the end of last year has now become a global pandemic. Although it now appears to be slowing down in China, the spread of the disease is accelerating elsewhere....

Coronavirus: Deutsche Bank sets aside €500m for COVID-19 losses

Deutsche Bank is setting aside €500m (£437m, $542m) to cover an expected rise in losses linked to the COVID-19 pandemic. Deutsche Bank said it was taking the provision to cover expected future credit losses. Credit Suisse set aside a...

UnionPay International drives ‘Contactless Payment’ for consumer safety during COVID-19

As the struggle against COVID-19 continues, UnionPay International have unveiled a plan for increased consumer safety through accelerating the issuance of contactless payment enabled cards worldwide. Collaborating with many local banks around the world, UnionPay International have also made...

Beeks Financial Cloud acquires analytics software provider Velocimetrics

Beeks Financial Cloud Group, a cloud computing and connectivity provider for financial markets, is pleased to announce it has acquired the entire issued share capital of Velocimetrics Limited, a UK-based network monitoring and trade analytics software company , for...

Lloyds Banking Group provides support to 30,000 UK businesses impacted by Covid-19

As part of the Group’s commitment to lend £18bn this year, a £2bn fund was allocated for businesses impacted by COVID-19 to provide fee-free financing to help them with their working capital Since the beginning of March relationship managers have...

TSB introduces Smart Agent for customers impacted by COVID-19

UK-based retail and commercial bank TSB has launched a new Smart Agent function on its website, enabling its customers to access measures it has introduced during the coronavirus pandemic. With the new functionality, the bank’s customers have been enabled to...

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