Rising inflation and growing interest rates across the world continue to impact the housing market and in turn, mortgages. Looking at inflation or interest rates in isolation might spark ideas about how to approach your own financial situation, such as adjusting your mortgage payments. However, small actions like these might not be sufficient to mitigate
The European Central Bank (ECB) has selected CaixaBank and four other organizations to collaborate in the development of a prototype of a digital euro. The institution launched a call with the aim of selecting entities to develop technology projects associated with the creation of the European digital currency. CaixaBank, is the only European bank selected
Tikehau Capital, the global alternative asset manager, and iCapital, a global FinTech platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced a partnership to increase wealth managers’ access to Tikehau Capital’s private market investing opportunities. In order to provide wealth managers and their high-net-worth clients in the EMEA region with
Insurance products cover all facets of life, including your financial situation. Any business that deals with cash or cash equivalents such bank draughts, treasury notes, checks, postal orders, and money orders should consider purchasing a money insurance package. It offers protection against financial loss brought on by occurrences like theft, robbery, and break-ins. Money insurance
AIG Inc’s life insurance and retirement division Corebridge Financial Inc (CRBG.N) raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility and ending a seven-month lull in major listings. AIG said it sold 80 million Corebridge shares at $21 per share, which was at the lower end of
Different technologies have been applied to meet the needs of the sector as FinTech becomes more widely adopted globally. Consumer expectations, governmental approvals, security upgrades, and rivalry are a few of them. The sophisticated technologies powering the ecosystem have improved in intelligence and adaptability. The categories of artificial intelligence (AI), cloud computing, blockchain, the internet
Payhawk, the spend management solution with a presence across the UK and Europe, has officially launched in the US. The unicorn has opened an office in New York and is introducing a US credit card to support companies with multiple offices across the UK, Europe, and the US. The US launch is a key part of Payhawk’s
Adyen, the global financial technology platform of choice for leading companies, announced the expansion of the Real Time Visa Account Updater (VAU) to Europe. Adyen will assist its clients in increasing the revenue and approval rates of card-on-file payments by automatically updating Visa accounts in real time as the first platform to provide real-time VAU coverage in
Insurers have accelerated their digitalization tremendously over the past two years. They now need to build on this to strengthen their offerings and relationships with existing customers while attracting new ones. 1. Personalization Is Essential In recent years, customers’ expectations for individualized experiences have dramatically increased. This also holds true for the insurance industry. Personalization,
Global coffee chain Starbucks has announced a partnership with Ethereum scaling solution Polygon to build its Web3 experience titled ‘Starbucks Odyssey’. This will combine the existing Starbucks Rewards loyalty program with an NFT platform. The program will allow the company’s US clients to buy digital collector stamps in NFT form that give rewards and immersive
Whatever kind of business you run, your organization undoubtedly needs to make a lot of purchases and expenditures. Your employee will require a quick way to pay your suppliers and business partners for everything from business dinners to business travel. Virtual cards come into play in this situation. It is preferable to give your employees
Wise Platform has launched our newest integration solution, International Receive. Customers at partner organizations using International Receive will be able to quickly, easily and affordably receive cross-border payments, even if their bank is not connected to the SWIFT network. Banks can communicate with one another via financial messages thanks to SWIFT. Major financial institutions use
