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 ...
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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 ...
Consumers flock to online investing during pandemic
Consumers are not shying away from online investing despite the market uncertainty caused by the COVID-19 pandemic. According to DriveWealth’s ...
AmEx: No debit card plans despite Venmo integration
Don’t expect American Express to launch a debit card anytime in the immediate future. During the card company’s second-quarter earnings ...
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. ...
Wells Fargo tees up international payments gateway
The rise in e-commerce has pushed Wells Fargo to begin development on a gateway product for business clients that will ...
Forrester: 6 ways COVID will change banking
As the COVID-19 pandemic alters the world, financial services are reacting in turn. The tech-focused market research company Forrester recently ...
Weekly Wrap: Radius Bank’s digital roadmap and digital growth at US Bank
Banks may be losing their edge when it comes to CX, at least according to a new report from Sitel ...
Amazon’s banking efforts ‘should worry traditional incumbents’
Banks should be paying attention as Amazon continues to experiment in payments, insurance, cash deposits and lending, according to CB ...
