Insurance broker commissions face digital pressure, Lochy says
Joris Lochy says AI and comparison sites are weakening brokers’ role in standard insurance while raising the value of claims advic...
By Rafael Ortiz 3 weeks agoSection
Fintech
X Money US rollout begins for Premium subscribers
X Money is available to US Premium and Premium Plus users, adding payments, a deposit account and a Visa debit card to Musk’s app.
By Rafael Ortiz 3 weeks agoIMF Brazil crypto warning targets fast-growing stablecoin market
The IMF urged tighter oversight of Brazil’s digital assets market, citing fast cross-border stablecoin flows and regulatory gaps.
By Rafael Ortiz 3 weeks agoPEX 160m financing backs card and spend management expansion
PEX secured $160 million in debt and equity financing to expand its charge card, spend management, sales and partnerships.
By Rafael Ortiz 3 weeks agoGoldwise 24/7 trading service to use Integral technology
Goldwise will use Integral’s trading stack to offer round-the-clock physical precious metals dealing for financial platforms.
By Rafael Ortiz 3 weeks agoMAS ABS cyber taskforce formed to counter AI-driven cyber risks
Singapore’s MAS and ABS launched an industry taskforce to strengthen financial-sector defences against frontier AI-enabled threats...
By Rafael Ortiz 3 weeks ago
Instant payments integration becomes the next test for corporate treasury
The Clearing House’s Cheryl Gurz says businesses understand instant payments, but legacy back-office systems are slowing adoption.
By Rafael Ortiz 3 weeks agoUECU InvestiFi partnership adds investing inside digital banking
Utilities Employees Credit Union will offer stocks, ETFs and crypto through InvestiFi within its existing digital banking platform...
By Rafael Ortiz 3 weeks ago
Wire payments modernization faces $5.3 million Fedwire test
A PYMNTS Intelligence and Volante report says banks are upgrading wire systems as high-value transfers demand faster, safer routin...
By Rafael Ortiz 3 weeks agoStandard Chartered names Kavita Kulkami CTO for India and South Asia
Kavita Kulkami will lead Standard Chartered’s technology and operations in India and South Asia from Mumbai, according to Finextra...
By Rafael Ortiz 3 weeks agoRothera Eventus Validus rollout adds surveillance for event contracts
Rothera has deployed Eventus Validus for trade surveillance as its World Cup event contracts reached 3.5bn trades by mid-July.
By Rafael Ortiz 3 weeks agoUK open banking payments pass one billion milestone
Open Banking Limited says UK open banking has logged more than 1bn payments and 100bn API calls across the CMA9 banks since launch...
By Rafael Ortiz 3 weeks ago