Reinsurers Getting Some Shelter From the Storms
Higher interest rates are curing a capital glut for insurers that backstop other insurers.Read More
American Companies Face Pressure on the Margins
Earnings are weakening, but profit margins are still extremely high and likely to deteriorate.Read More
TSMC Expects to Outsmart the Chip Downturn
The world’s largest contract chipmaker thinks it can avoid serious damage from an economic slowdown.Read More
China’s Junk-Bond Market Creaks Open With a $400 Million Sale
Dalian Wanda Commercial Management Group’s transaction could inspire other real-estate firms to make offerings.Read More
Stock Futures Bobble After Inflation Data
U.S. stock futures slipped after the December inflation report, which will set the tone for the next Fed policy decision.Read More
CUBE Expands Regulatory Intelligence Marketing Reach With The Hub Acquisition
CUBE, a regtech firm specialising in Automated Regulatory Intelligence (ARI) has officially acquired AI-driven monitoring solution provider The Hub. The Hub specifically specialises in supplying AI capabilities to the regtech industry, capturing and analysing unstructured data across the regulatory internet. The acquisition of The Hub enables CUBE to expand its market reach to provide its […]
Asian Financial Forum in Hong Kong: Day Two
On the second day of the Asian Financial Forum (AFF2023), we heard about the forces driving fintech innovation in Hong Kong and how the city is developing into a data hub. In recent years, Hong Kong has revamped its digitalisation efforts to enhance cross-boundary data availability between China and the rest of the world. This […]
Orka Card Challenges Traditional BNPL Lending Following Enfuce Partnership
Issuer processing powerhouse, Enfuce, has announced a new partnership with Orka Ventures. The Nordic-Czech fintech holding company has made this deal with Enfuce to launch Orka Card. This consumer lending card and mobile app will challenge the traditional understanding of ‘buy now pay later’ (BNPL) lending. Until now, Orka Ventures has focused mainly on providing […]
Striga Launches new APIs for Fintech and Crypto Apps
Striga, a banking-as-a-service platform focused on the European market, has launched its latest product, crypto on-ramp and off-ramp APIs for neobanks, DeFi, and Web3 apps. Striga aims to make it easier to hold or cash out cryptocurrency. The platform has launched new fiat-to-crypto or crypto-to-fiat APIs that can be embedded into any crypto or fintech […]
Dancer Michael Flatley diagnosed with ‘aggressive’ form of cancer
Michael Flatley, the creator and star of the hit show “Riverdance,” has been diagnosed with an “aggressive form of cancer,” according to an announcement on his official Instagram account Wednesday.Read More
