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Top StoriesMaxim Ryzhkov Appointed CEO of Allianz Trade in China
BankingBecoming AI-first – How Banks Can Lead in the AI Revolution
BankingHow Biometric Solutions Can Transform Cross Border Payments
BankingA Recession May Be Coming. Are Banks Ready to Help Their Customers?
Choreographing Payments: Industry Secrets Democratized
Date: December 12, 2022
By Robert Podlesni, CPO at Revolv3 The best plays, dances, music videos and movies are all choreographed. Even the best assembly lines are an elegant flow that delivers quality and volume, so why aren’t your payment systems choreographed? The economy is caught up in a whirlwind of uncertainties The fragility of the global economy right...
Top 10 Predictions for Insurers for 2023 From Global Insurance Platform Provider Eis
Date: December 8, 2022
By Rory Yates, SVP Corporate Strategy, Global at EIS As a tumultuous and eventful 2022 draws to a close, EIS, a global core technology platform provider for insurance looks ahead with Top 10 predictions for the industry in 2023: Financial stocks always do better in high interest rate environments and insurers in particular will do...
How FinTech Is Shaping Digital Payment Engagement
Date: December 8, 2022
By Kevin O’Brien, President Enterprise Solutions for EngageSmart Driven by a rapidly evolving global landscape and the circumstances of the COVID-19 pandemic, brilliant minds across every sector have mobilized to advance the role of technology in a world that increasingly requires more virtual or contactless offerings, whether through virtual meetings, telehealth visits or contactless deliveries....
Struggling Online Merchants Invest in Payment Solutions to Retain Customers Through Recession
Date: December 8, 2022
Half of UK online retailers are worried about surviving the next 12 months as recession looms More abandoned baskets, lower value orders and fewer repeat customers are expected or already being experienced Retailers are cutting costs across the board to stay afloat, including reducing staff and reducing costs associated with payments Investing in low-cost, low-fraud...
Britain Urges Banks to Offer Mortgage Flexibility in Cost-Of-Living Crisis
Date: December 7, 2022
By Huw Jones and Iain Withers LONDON (Reuters) -Britain has called on banks to support households finding it difficult to make payments on mortgages during the cost of living crisis. Finance minister Jeremy Hunt told banking bosses at a meeting on Wednesday he expected them to help borrowers, while the Financial Conduct Authority laid out...
Hertz to Pay $168 Million to Settle Over 95% of Wrongful Theft Report Claims
Date: December 6, 2022
(Reuters) – Hertz Global Holdings Inc said on Monday it will pay about $168 million by year-end to resolve over 95% of pending claims from owners who alleged the car rental giant filed wrongful theft reports. Some customers had sued Hertz alleging the police detained or arrested individuals in error after the company reported rental...