Month : June 2020

Best’s Market Segment Report: Stock Market Volatility Puts Focus on Equity Price Risking Japan’s Non-Life Insurance Market
Fintech InsurTech News

Best’s Market Segment Report: Stock Market Volatility Puts Focus on Equity Price Risking Japan’s Non-Life Insurance Market

Fintech News Desk
High common stock leverage among each of Japan’s major non-life insurers brings systematic equity price risk into greater consideration, given the current COVID-19-driven stock market volatility, according to an AM Best special report. Read More: GlobalFintechSeries Interview with Erick Pinos, Ecosystem Lead at Ontology “Japan Non-Life: Robust Capitalisation to Weather Stock Market......
KKR Acquires Stake in First Gen through Voluntary Tender Offer
Fintech Fintech Funding Investment Services News

KKR Acquires Stake in First Gen through Voluntary Tender Offer

Fintech News Desk
Global investment firm KKR announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings (the “Offeror”), an entity owned by KKR investment funds, the Offeror has accepted all of the 427,041,291 common shares of First Gen Corporation (“First Gen” or the “Company”) that were tendered......
Juniper Research: Virtual Card Adoption Accelerates to Over $5 Trillion in Transaction Value by 2025
Fintech Mobile Banking News

Juniper Research: Virtual Card Adoption Accelerates to Over $5 Trillion in Transaction Value by 2025

Fintech News Desk
A new report from Juniper Research found that the value of transactions processed by virtual cards will more than treble over the next 5 years; increasing from an anticipated $1.6 trillion in 2020. Virtual cards are temporary, random digital card numbers that replace core payment details for specific online transactions. Read More:......
TNG Names Kimberly Pacelli, J.D., M.Ed. as Partner
Business Fintech News

TNG Names Kimberly Pacelli, J.D., M.Ed. as Partner

Fintech News Desk
TNG takes great pleasure in announcing the appointment of Kimberly Pacelli, J.D., M.Ed. as a Partner, effective May 1, 2020. Naming Pacelli to Partner serves to recognize her continued leadership at TNG as a subject matter expert, trainer, supervisor, and content developer. For the past 18 months, Pacelli has ably served TNG as an Associate and then as......
Business Leaders Expect Protracted Recovery and a Changing Business Landscape
Business Fintech News

Business Leaders Expect Protracted Recovery and a Changing Business Landscape

Fintech News Desk
Business leaders across North America are expecting a protracted recovery and foresee a changing landscape for the future, according to surveys of several hundred North American executives conducted by retained executive search firm Caldwell. Caldwell has been hosting weekly virtual roundtables with several hundred executives across Canada and the United States since the beginning of the......
Global Survey Reveals Financial Services Professionals Are Confident in Job Security But Not the Market
Economy Fintech News

Global Survey Reveals Financial Services Professionals Are Confident in Job Security But Not the Market

Fintech News Desk
Financial services professionals are confident in their job security despite being negative about the economic outlook, according to a new survey by Selby Jennings. Over half (57%) of global respondents feel confident in keeping their jobs over the next six months, despite the majority (62%) foreseeing a worsening economy over the next......
Cross Border Consultancy's Corporate Launch & Advisory Panel
Fintech News

Cross Border Consultancy’s Corporate Launch & Advisory Panel

Fintech News Desk
Cross Border Consultancy (CBC) is pleased to announce the launch of its business for private and corporate clients facing urgent or complex problems. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition CBC’s group headquarters are Hong Kong. An early stage investor is I-OnAsia, which will host CBC clients at......
Amalgamated Life Insurance Company Announces a Rebrand to Better Reflect a Family of Companies
Fintech InsurTech News

Amalgamated Life Insurance Company Announces a Rebrand to Better Reflect a Family of Companies

Fintech News Desk
Amalgamated Life Insurance Company, a leading provider of comprehensive insurance solutions, announced that it and its affiliated companies, have completed a rebranding initiative designed to better reflect the “Amalgamated Family of Companies” and leverage the brand equity in the flagship company’s name, “Amalgamated.” Read More: Jack Henry & Associates Launches Core-Integrated......
UCLA Anderson Forecast Says U.S. Economy Is in "Depression-Like Crisis" and Will Not Return to Pre-Recession Peak Until 2023
Economy Fintech News

UCLA Anderson Forecast Says U.S. Economy Is in “Depression-Like Crisis” and Will Not Return to Pre-Recession Peak Until 2023

Fintech News Desk
Uncertainty Clouds California Economy; State’s Recovery Will Mirror That of the Nation In its March quarterly forecast, the UCLA Anderson Forecast revised its outlook for the U.S. economy downward because of the expected impact of COVID-19, which was then still being referred to as an epidemic. Two weeks later, as......
Truffle Capital and Tecknowlogy Group Unveil the Results of the 15th "Truffle 100" Ranking
Economy Fintech News

Truffle Capital and Tecknowlogy Group Unveil the Results of the 15th “Truffle 100” Ranking

Fintech News Desk
On the face of it, the “Truffle 100” 2020 has drawn the curtain on a decade of continuous growth, which has been abruptly halted by the Covid-19 pandemic: Read More: Simple Announces Launch of Tax Refund Feature to Automate Savings for Customers Several records were set in 2019: cumulative turnover for......
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