Insurance
Eastern Alliance and CLARA Analytics collaborate to optimise insurance claims with AI
Eastern Alliance Insurance Group, a wholly-owned subsidiary of ProAssurance Corporation, has partnered with CLARA Analytics to optimise insurance claims through the use of AI.
This partnership is driven by Eastern Alliance’s need to address escalating medical costs and streamline their...
Financials
Chintai Launches Innovative Net Zero-X Exchange, Bridging Sustainable Investments and Global Projects with Tokenisation
Chintai, a leading Singapore-based blockchain technology company, is powering the newly launched Net Zero-X exchange. Designed for institutional and accredited investors, Net Zero-X facilitates the discovery and support of vetted green, clean, and climate tech projects, ensuring safe and...
Asset Management
Wintermute Integrating Digital Asset Spot and Derivatives Liquidity into oneZero EcoSystem Amid Growing Demand
Wintermute Asia Pte. Ltd , the digital asset derivatives trading arm of Wintermute Group, the leading global algorithmic trading firm, and liquidity provider in digital asset markets, today announced that it has completed the integration of its spot and...
Cards & Payments
South Korean government to launch crypto transaction monitoring system
South Korea’s Financial Supervisory Service (FSS) has launched a “continuous monitoring system” for suspicious crypto transactions on exchanges.
In a July 4 notice, the FSS said it had worked with South Korean digital asset exchanges to establish a system for...
Financing
Thailand to launch $12.4 billion digital cash scheme to boost local economy
Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the...
Cards & Payments
Apple reaches deal with EC on NFC payments access
Apple has staved off massive European Commission fines by agreeing to open up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers.
The EC says it has made the commitments offered by Apple legally...
Asset Management
Egypt’s net foreign assets record surplus of $14.3 billion in May, first positive reading in 2 years
Egypt’s net foreign assets recorded the first surplus in over two years in May at $14.3 billion, up from April’s $3.7 billion deficit, revealed the latest Central Bank of Egypt (CBE) data. Egypt’s net foreign assets have witnessed an...
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