It is estimated that up to 75% of the value of a business is in the form of intangible assets, such as intellectual property (IP). In a simple definition, Intellectual property is a type of intangible property that can take the form of a product, a process, or an idea. […]
Financial Service
MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance
NEW YORK, Sept. 13, 2021 /PRNewswire/ — MonetaGo, a financial technology solutions provider, today announced a new platform to combat financing fraud in trade finance on a global level. The world of trade finance has repeatedly been the victim of duplicate financing fraud. In such cases, firms may secure financing […]
Samantha Barrass to be Financial Markets Authority chief executive
SUPPLIED Samantha Barrass will be the next chief executive of the Financial Markets Authority Te Mana TÄtai Hokohoko. New Zealand’s financial watchdog has hired ex-pat Kiwi Samantha Barrass to be its chief executive. The Financial Markets Authority (FMA) Te Mana Tātai Hokohoko announced on Monday that Barrass would replace current […]
Biden Tells Insurance Companies to Cover Ida Damages, Says ‘Don’t Hide Behind Fine Print’
President Joe Biden has told insurance companies dealing with Louisiana property owners not to “hide behind the fine print and technicality” when it comes to paying people what they’re owed for damage claims resulting from Hurricane Ida. “I’m calling on private insurance companies: Don’t hide behind the fine print and […]
Insurance Companies Increasingly Drop Homes Throughout San Diego County As Fire Risks Rise
Listen to the Podcast Episode The threat of wildfire is increasingly leading insurers to drop the policies of San Diego homeowners, a trend most prominent in the county’s rural areas but also affecting city neighborhoods … Read more → Aired: September 9, 2021 | + Subscribe to this podcast The […]
Account Aggregators: New framework to access, share financial data
On September 2 eight of India’s major banks — State Bank of India, ICICI Bank, Axis Bank, IDFC First Bank, Kotak Mahindra Bank, HDFC Bank, IndusInd Bank and Federal Bank — joined the Account Aggregator (AA) network that will enable customers to easily access and share their financial data. The […]
Auto insurance shopping surges as younger generations return to work
In the second quarter of 2021, auto insurance shopping increased among younger generations who are reentering the workforce amid a recovering U.S. economy. (iStock) The rate of auto insurance shopping appeared to change significantly in the second quarter of 2021, according to a new report from consumer credit reporting agency […]
Israel’s fintech community readies for ‘dramatic’ changes in banking sector
Israel’s fintech (financial tech) ecosystem has been readying for potentially “dramatic” banking reforms that will pave the way for more competitive rates and new financial services for customers. The proposed reforms are part of the Economic Arrangements Bill that accompanies the state budget, which passed its first reading on Thursday […]
Securian Financial acquires Armour Group
Securian Canada Inc., a subsidiary of Securian Financial Group, has today announced its acquisition of Armour Group Inc., marking its third Canadian acquisition in five years. Based in London, Ontario, Armour Group distributes insurance and warranty products through automobile dealers, recreational vehicle dealers and finance companies in Canada. Following the […]
Going Dutch: Amsterdam’s rise as Europe’s next financial centre
  Author: Alex Katsomitros, Features Writer September 6, 2021 When Brexit came one step closer to becoming a reality in 2018, Tradeweb was left with few options other than expanding its European presence beyond London. The US company, which runs platforms for fixed income, derivatives and ETF trading, was on […]
California homeowners struggle to get wildfire insurance amid active season
FOX Business’ Connell McShane reports from Morrison, CO amid a series of wildfires plaguing western states. It’s a story told increasingly frequently over the last couple of years: California homeowners are left scrambling after being dropped by their longtime insurance carriers. The impact of continually worsening wildfires and drought in […]
Crypto, Robinhood and SPACs: Securities Market Hybrids in the Covid Pandemic Era
Text size OZAN KOSE/AFP/Getty Images About the author: Stephen Deane, a chartered financial analyst, is senior director, legislative and regulatory outreach, at the CFA Institute. He joined the institute after more than nine years at the U.S. Securities and Exchange Commission. Ever since Covid disrupted our lives, two themes have […]
Insurance providers will no longer waive all costs associated with COVID-19 treatments
Infectious disease expert Dr. Amesh Adalja joins ‘Kennedy’ to discuss the need for people who recovered from COVID-19 to get vaccinated The majority of private health insurance companies have stopped waiving patients’ fees associated with treatment for COVID-19 as most had done since the early days of the pandemic, a […]
Should insurance pay when a business can’t operate due to COVID?
CINCINNATI — Cincinnati Financial Corp. has spent $30 million on lawyers in the last year, as it fends off 169 lawsuits aimed at forcing it to pay business interruption claims by companies forced to close during the coronavirus pandemic. One of those lawsuits was filed by Taste of Belgium owner […]