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Category: Capital and Risk


Capital and Risk, Operational

Diamond Credit Union partners Tyfone for nFinia digital banking platform

July 15, 2024

Via: FinTech Futures

Tyfone says the credit union chose its tech for its “configurability and ability to meet the digital needs of both members and small and medium-sized businesses (SMBs) in its community”. The digital banking technology provider adds that the API-driven nFinia […]


Capital and Risk, Trading

The Ethics of Trading

July 11, 2024

Via: TechBullion

Introduction Trading, whether it be in stocks, products, or monetary standards, is a training as old as business itself. While the mechanics of Trading have advanced decisively throughout the long term, the essential rules that oversee The Ethics of Trading stay imperative […]


Capital and Risk, Insurance

Fifth Third Bank to Pay $5M Fine for Illegally Forcing Car Insurance Onto Borrowers

July 11, 2024

Via: Insurance Journal

Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who had coverage. Fifth Third also agreed to pay a $15 million fine for illegal sales practices. The Cincinnati, Ohio-based bank […]


Capital and Risk, Operational

Avidia Bank to adopt Personetics’ AI-powered engagement engine through new Q2 Digital Banking Platform

July 10, 2024

Via: FinTech Futures

Central Bank states that the move will enable it to deliver goal-oriented savings and wellness programmes to its digital users, offer real-time personalised financial advice and introduce an improved money management hub. Daniel Westhues, executive VP and CMO at Central […]


Capital and Risk, Liquidity

Japanese Yen (USD/JPY) – Bond Buying, Rate Expectations, and Fed Chair Powell

July 9, 2024

Via: DailyFX

The Bank of Japan’s most recent summary of market opinions, released earlier today, has highlighted a growing consensus among bond market participants: the need to curtail the central bank’s bond-purchasing program. While the BoJ currently acquires bonds worth about 6 […]


Capital and Risk, Liquidity

Gold (XAU/USD) Slips After the PBoC Step Back from Buying for the Second Month

July 8, 2024

Via: DailyFX

Gold prices are under slight pressure as China’s central bank – the People’s Bank of China (PBoC) – holds off on purchases for the second straight month. This absence of a significant buyer – the PBoC have been a constant […]


Capital and Risk, Insurance

Zimbabwe Gets $32 Million in Drought Insurance From Agency of African Union

July 5, 2024

Via: Insurance Journal

Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought. Finance Minister Mthuli Ncube told reporters on Thursday in […]


Capital and Risk, Liquidity

US Dollar Sentiment Latest – EUR/USD, USD/JPY, and GBP/USD

July 2, 2024

Via: DailyFX

Recent retail trading data indicates that 57.14% of traders have taken long positions on EUR/USD, with a ratio of 1.33 long traders for every short trader. The number of long positions has increased by 26.08% since yesterday and 6.42% since last […]


Capital and Risk, Trading

Algorithmic Trading Strategies: Leveraging Innovation for Market Success

June 26, 2024

Via: TechBullion

In the dynamic and fast-paced world of financial markets, algorithmic trading has emerged as a game-changer, revolutionizing how traders approach the market. By leveraging advanced technology, traders can execute trades with speed and precision that human capabilities alone cannot match. […]


Capital and Risk, Insurance

PCF Insurance Acquires Multiple Agencies, Benefits Platform

June 25, 2024

Via: Insurance Journal

PCF Insurance Services, a multi-state brokerage headquartered in Utah, announced it has acquired four new operations, two of them in the Southeast. The Brady Agency, offering commercial and personal lines coverage in North Carolina and Virginia with offices in the […]


Capital and Risk, Liquidity

EUR/USD and EUR/GBP Latest Retail Sentiment Analysis

June 20, 2024

Via: DailyFX

According to the latest IG retail trader data, 54.49% of traders hold a net-long position, with the ratio of long to short traders at 1.20 to 1. The number of net-long traders has decreased by 0.84% compared to the previous […]


Capital and Risk, Operational

DZ Bank partners Surecomp for collaborative trade finance platform

June 19, 2024

Via: FinTech Futures

The Frankfurt-headquartered commercial bank is leveraging the vendor’s RIVO solution for “real-time corporate communication, transaction status transparency and accelerated trade finance issuance”, according to a statement. Integrated with Surecomp’s DOKA-NG solution for back-office trade finance processing, the platform is expected […]


Capital and Risk, Liquidity

AUD/USD Nudges Higher – RBA Leaves Policy Untouched, Discussed Hiking Rates

June 18, 2024

Via: DailyFX

The Reserve Bank of Australia (RBA) left all monetary settings unchanged earlier today, but warned that ‘the economic outlook remains uncertain and recent data have demonstrated that the process of returning inflation to target is unlikely to be smooth.’ RBA governor Michele […]


Capital and Risk, Liquidity

USD/JPY Testing Multi-Week Highs, Will the BoJ Wait Until the End of July?

June 17, 2024

Via: DailyFX

Talk overnight by Japanese officials was unable to prop up the Japanese Yen with USD/JPY floating back to highs last seen in late April. Bank of Japan governor Kazuo Ueda stressed that he is looking at FX levels and their impact on […]


Activity, Capital and Risk, Corporate Banking, Operational

Bendigo and Adelaide Bank partners MongoDB for core banking update with AI

June 14, 2024

Via: FinTech Futures

The move aims to streamline data management for the bank’s developers and foster the development of user-friendly banking services. In particular, the bank, which chose Google Cloud to host its digital banking system last year, aimed to implement a new microservices architecture […]


Capital and Risk, Operational

Former Temenos execs found GenAI banking tech start-up, yPilot

June 12, 2024

Via: FinTech Futures

Founded earlier this year and based in Vancouver, Canada, yPilot says it “leads the way in AI innovation for banks and credit unions”. Its “banking-specific, embeddable AI” platform aims to help financial institutions “to delight customers, combat fraud, and solve […]


Capital and Risk, Insurance

Insurance Helped 46,000 Indian Women Avoid Deadly Work During Heat Waves

June 12, 2024

Via: Insurance Journal

In the city of Ahmedabad in western India, temperatures climbed above 43C (109F) every day between May 19 and May 25, creating deadly hot working conditions for many of the laborers who keep the local economy humming. For 40-year-old Lataben […]


Capital and Risk, Credit

Apple partners Santander’s Zinia for BNPL financing services in Germany

June 11, 2024

Via: FinTech Futures

The partnership will enable Apple’s customers in the country to access a range of financing options, including split payments of up to 36 months, or deferred payments of up to 30 days, when purchasing goods through its physical or online […]


Capital and Risk, Liquidity

USD/JPY Drifts Higher, Will the BoJ Announce Bond Tapering at Friday’s Policy Meeting?

June 11, 2024

Via: DailyFX

With the USD/JPY exchange rate approaching levels that could cause concern for Japanese authorities, there is speculation over whether the Bank of Japan (BoJ) will signal its intention to reduce its asset holdings during the upcoming monetary policy meeting on […]


Capital and Risk, Insurance

US Auto Insurance Market on the Mend; Homeowners Line Volatile: Fitch

June 7, 2024

Via: Insurance Journal

The U.S. personal insurance sector is positioned for improving underwriting performance in 2024. According to Fitch’s latest U.S. Personal Lines Market Update, the change is predicted amid signs that the previous surge in claims severity from higher inflation and supply […]