Trended data and insights equip carriers with industry benchmarks to guide decision-making LexisNexis® Risk Solutions released its Latest Insurance Demand Meter, which reports Q2 U.S. auto insurance shopping activity. According to the Meter, auto insurance shopping and new business growth rebounded in May and June after an out of the ordinary......
Repercussions from high profile scandals and compliance failings hit US, Israeli, Nordic and German banks hardest Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, today released its mid-year findings on global financial institution fines which show that by the end of July 2020, penalties......
Industry veterans introduce tech-enabled program in response to coronavirus pandemic, widening access to credit for medical expenses with affordable rates and simple approval Covered Holdings announced the official launch of Covered Care today. Created to provide affordable healthcare financing for people declined by traditional credit, Covered Care simultaneously supports credit-challenged Americans as......
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for May 2020. On a national level, 7.3% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 3.7-percentage point......
American Express Co.’s small-business aspirations just took another step forward. The credit-card giant is in advanced talks to buy Kabbage Inc., a deal that would make AmEx a bigger lender to mom and pop shops. The company is already the largest U.S. provider of credit cards to those types of operations.......
MicroStrategy® Incorporated (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, today announced that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, inclusive of fees and expenses. The purchase of Bitcoin cryptocurrency was made pursuant to the two-pronged capital allocation strategy previously announced by the company......
In the wake of an expected wave of defaults by U.S business borrowers, the nation’s lenders are best advised to apply risk management practices to set the stage for long-term growth when issuing new loans and participating in federal lending programs. That’s according to Wolters Kluwer Lien Solutions, writing in a new......
New campaign featuring Michael Phelps highlights that Talkspace now covers 1 in 8 Americans through agreements with the nation’s leading health insurers Talkspace, the global leader in digital behavioral health, is now covered by insurance for over 40 million Americans. The new campaign, in partnership with ambassador Michael Phelps, was......