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EU financial services chief wants investment sales incentives banned

According to Mairead McGuinness, the head of the European Union's financial services, a restriction on inducements for advocating sales of financial goods could reduce costs for retail customers by much more than a third. Inducements are payments made by banks...

5 Major Forces Shaping Wealth Management In 2023

The year 2022 will be regarded to be significant for the worldwide wealth management industry. Wealth managers rushed to digitise their service offerings and enable remote service and distribution as a result of the global pandemic. As investors sought safe...

Saudi Arabia To Pass India As Fastest-Growing Major Economy

Due to rising energy prices, Saudi Arabia is anticipated to surpass India as the leading economy with the quickest rate of growth in 2023. Saudi Arabia is anticipated to beat India with a 7.6% increase in its gross domestic...

CoverEase Partners With Ethos to Make Life Insurance Easy

CoverEase, a digital insurance broker, announced today the addition of Ethos' life insurance to their digital offering. Ethos allows CoverEase customers the ability to instantly quote and purchase life insurance policies for up to $2 million in coverage, without...

Grange Insurance to Expand its Research and Development Operations

Grange Insurance is expanding its research and development operations by investing in market research and commercializing new products and services to grow and future-proof the industry. Grange, a Columbus-based insurance company that offers auto, commercial, farm, homeowners, and life...

CaixaBank forms international consortium for cybersecurity research

CaixaBank has formed a European research consortium to explore ways to improve cybersecurity by leveraging artificial intelligence (AI) and big data. The project, AI4CYBER, is part of the Horizon Europe programme and is funded by the European Union. For the...

Next Bank, a digital bank in Taiwan launches on Temenos

Next BankTemenos announced that Next Commercial Bank (Next Bank), a new digital bank backed by Chunghwa Telecom, Taiwanโ€™s largest telecom operator, has gone live on Temenos core banking platform, opening to customers in 2022. Eric Lee, Chief Information Officer, Next...

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