China’s economy under pressure as factory activity slows in Aug, services contract
Twin PMI surveys point to growing pressure on businessesSurveys suggest economy contracted in Aug - economistHigh raw material prices, COVID-19 curbs hurt economyAnalysts expect more policy support later in yearBEIJING,...
Xiaomi doubles down on financial services business; says need regulatory clarity on crypto, Telecom News, ET Telecom
NEW DELHI: Handset maker Xiaomi is doubling down on its financial service business with diversification into a full spectrum lending platform with clear focus on payment, lending and insurance verticals....
Financial Services: Web Application Attacks Grow by 38% In First Half of 2021
During his career in the middle of the last century, professional bank robber Willie Sutton made off with an estimated $2 million in stolen money. Urban legend has it that...
Kraft Heinz to utilize Aon investment services for captive
Aon has been appointed to provide its new investment service for captive insurers to the Noble Insurance Company DAC, the Ireland-based captive insurer of food and beverage giant Kraft Heinz....
Sedgwick makes key appointment for risk services group
Sedgwick has announced the appointment of Rich Wirth as senior vice president of its risk services group. Wirth (pictured above) first joined Sedgwick through its acquisition of York Risk Services...
The Securities Arbitration Law Firm of KlaymanToskes Commences Investigation of Potential Claims on Behalf of SUNTRUST INVESTMENT SERVICES CUSTOMERS
MIAMI, Aug. 02, 2021 (GLOBE NEWSWIRE) -- National investor fraud law firm, KlaymanToskes (“KT”), has commenced an investigation of potential FINRA arbitration claims on behalf of investors who sustained losses...
Wellington financial services firm FoxPlan censured by Financial Markets Authority for misconduct
123RFThe FMA found four of FoxPlan’s representatives wrongly held out to clients that they were an authorised financial adviser or financial planner.Wellington financial services firm FoxPlan has been censured by...
Platforms playing catch-up with the rest of financial services
Across pretty much all areas of financial services artificial intelligence (AI) and machine learning are starting to be recognised as integral components of the client engagement toolkit. With one stand-out...
UK Regulators Highlight Lack of Diversity in Financial Services
NEW YORK--(BUSINESS WIRE)--Financial services regulators in the United Kingdom (UK) have joined forces to tackle a lack of diversity within the sector. Online assessment provider Questionmark has identified six ways...
TikTok bans financial services ads
On its 'branded content policy' page, TikTok has added financial services and products to its list of 'globally prohibited industries'. Photo: ReutersTikTok has added financial services and products including cryptocurrencies...
Snapshot: the regulatory framework for financial services compliance in Luxembourg
Regulatory frameworkRegulatory authoritiesWhat national authorities regulate the provision of financial products and services?National regulatory authorities responsible for supervision of financial products and services are the Luxembourg Ministry of Finance, the...