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IHS Markit acquires Catena Technologies

IHS Markit, a world leader in critical information, analytics and solutions, announced the acquisition of Catena Technologies (Catena), a global regulatory trade reporting firm based in Singapore. “The acquisition of Catena is a logical extension of IHS Markit’s strategy to...

Accenture acquires Italian Regtech firm NIKE Group

Accenture has acquired NIKE Group, an Italian consulting firm specialising in regulatory technology (Regtech) services and solutions to financial services firms, for an undisclosed amount. The data-driven approach and compliance platform provided by NIKE Group helps clients to monitor new...

NatWest Markets wins the Consensus Economics UK Forecast Accuracy Award for 2019

NatWest Markets has win the Consensus Economics UK Forecast Accuracy Award for 2019. The award is given to the forecaster with the lowest average error rate over a defined testing period. It’s determined by using ‘Mean Absolute Error analysis’...

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...

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