Acrisure buys Tulco’s AI insurance business in $400 million deal
Acrisure LLC, an insurance brokerage, agreed to purchase an artificial-intelligence business from Tulco LLC in a transaction valued at $400...
Risk & Security
Can banks win consumer trust with eco-friendly tech?
Digital banking is going green to win over environmentally conscious consumers. “In recent history, most of the ways sustainable finance...
Credit Suisse invested $100 million in Ant, expects windfall
Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar...
Wirecard surges after investors eye core business, U.S. unit
Wirecard AG rose the most since June after it revealed that more than 130 investors are eyeing the company’s assets....
Utah: The fintech frontier
Fintechs looking to expand beyond their Bay Area or New York City headquarters have welcomed an unlikely visitor in recent...
Weekly Wrap: Zelle pushes into business payments and banks adopt fusion centers
Zelle is moving beyond peer-to-peer and pushing into business-to-consumer territory. “Not only we, at Wells Fargo, but Early Warning and...
Government intelligence-style ‘fusion centers’ on the rise at big banks
Big banks are taking inspiration from government intelligence agencies when it comes to combating cybersecurity threats as command centers become...
Inside the plan to get Netflix’s $100M fund to Black-owned businesses
Hope Credit Union and Local Initiative Support Corporation (LISC), two financial institutions that received part of Netflix’s $100 million commitment...
Banking Automation Summit unveils virtual event format
Bank Innovation is proud to announce the Banking Automation Summit 2020 virtual experience on Nov. 9-10, an event designed to...
Citi, IFC launch $800M economic relief fund for emerging markets
Citibank and the International Finance Corporation (IFC) have launched a $800 million fund to support trade finance and trade flows...
