|XBRL News about Switzerland, BDCs and CSRD
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 XBRL Switzerland publishes its response to the climate ordinance consultation We are happy to comment on the regulation on reporting on climate issues in due time as part of the consultation […]
The post XBRL News about Switzerland, BDCs and CSRD appeared first on Daily Fintech.
POSTED JUNE 30, 2022 10:00 AM
|Plug-N-Play Insurance Success Rides on Sound Partner Strategies
In insurance, superior digital customer experience comes from offering services exactly at the time and place the customer needs them most. To appear at the right moment for their customers, companies partner with the right insurance carriers. The path to achieve this requires packaging insurance “as a service.” Insurance-as-a-service (IaaS) models are evolving into SaaS […]
The post Plug-N-Play Insurance Success Rides on Sound Partner Strategies appeared first on Daily Fintech.
POSTED JUNE 30, 2022 5:00 AM
|Stablecoin News for the week ending Wednesday 29th June.
Here is our pick of the 3 most important Stablecoin news stories during the week. Who controls your stablecoin and what is their interest in you? This week in stablecoins we look at what is the interest in you by the party issuing your stablecoin or CBDC. But first, the week got off to a big […]
The post Stablecoin News for the week ending Wednesday 29th June. appeared first on Daily Fintech.
POSTED JUNE 29, 2022 9:00 AM
|Happy 8th Birthday Daily Fintech
The data says it takes 7-10 years for startups to build real value, possibly longer without external capital. I can celebrate that Daily Fintech has come a long way from a single blog post in 2014; but I also know that we have a long way to go. On our 5th birthday we chose to de-emphasise the […]
The post Happy 8th Birthday Daily Fintech appeared first on Daily Fintech.
POSTED JUNE 29, 2022 5:00 AM
|Bitcoin crash: A new beginning
In January 2000, global financial markets were on the verge of a meltdown that was expected to destroy both the reputations of investors and the riches of day traders, that invested in companies and tech stocks that weren’t generating any revenue. The “dotcom” crash caused a stock market meltdown. Between 1995 and 2000, Nasdaq climbed […]
The post Bitcoin crash: A new beginning appeared first on Daily Fintech.
POSTED JUNE 27, 2022 5:00 AM
|Alt Lending week ended 24th June 2022
ECB Calls Crisis Meeting on Yield divergence Last week the ECB convened an emergency meeting in order to discuss the widening yield gap between the weaker and stronger members of the Eurozone. There is nothing new about this. By all accounts they kicked the subject about and then did very little. In particular however they […]
The post Alt Lending week ended 24th June 2022 appeared first on Daily Fintech.
POSTED JUNE 24, 2022 5:30 AM
|XBRL News about ESG, technology and EU trends
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 ESG practitioners detail top reporting challenges Nearly two thirds of senior decision makers feel their organization is underprepared to meet their environmental, social, and governance (ESG) goals and regulatory reporting mandates, […]
The post XBRL News about ESG, technology and EU trends appeared first on Daily Fintech.
POSTED JUNE 23, 2022 10:00 AM
|Embedded insurance catches on, more segments join in
Within embedded finance, insurance is provided as a native feature in the platform, marketplace or ecosystem. Not entirely new, bancassurance is one variant that has existed for long. In its current avatar, embedded insurance offers advantages for all involved, including tech players, carriers and consumers. A primal constraint in insurance distribution has been that purchase […]
The post Embedded insurance catches on, more segments join in appeared first on Daily Fintech.
POSTED JUNE 23, 2022 5:00 AM
|Stablecoin News for the week ending Wednesday 22nd June.
Here is our pick of the 3 most important Stablecoin news stories during the week. For the first time in the history of stablecoins, supply dropped! This week as the Crypto markets continue their wild ride, money, not just value, moved out of the ecosystem. The market cap or measure of how many stablecoins are in […]
The post Stablecoin News for the week ending Wednesday 22nd June. appeared first on Daily Fintech.
POSTED JUNE 22, 2022 9:00 AM
|Why Bitcoin Still Matters
This week, the value of bitcoin and other cryptocurrencies has plummeted with billions of dollars lost. The crash is hitting investors all over the world and the rapid declines wiped out two years of financial gains overnight. Some attribute this to inflation, rising interest rates, and the Ukraine conflict. I believe it is a combination of things, that […]
The post Why Bitcoin Still Matters appeared first on Daily Fintech.
POSTED JUNE 20, 2022 5:00 AM
Local News – WTOP News
|3 arrested after police chase on I-495
Three people were arrested Thursday morning after a police chase involving shots fired at officers shut down lanes on Interstate 495 in Montgomery County, Maryland, for more than an hour.
POSTED JUNE 30, 2022 1:35 PM
|La Plata police investigating social media video involving young women, TikTok challenge
La Plata Police are investigating a video posted on social media that shows young women getting sprayed at a car wash in Charles County.
POSTED JUNE 30, 2022 12:40 PM
|Prince George’s Co. council passes property tax credit for older residents
The Prince George's County Council unanimously passed a bill on Tuesday that would give some of the Maryland county's older residents a 20% property tax credit.
POSTED JUNE 30, 2022 12:00 PM
|Lawsuits target Fairfax County school board sex-assault response
A pair of lawsuits that for years has plagued Virginia's largest school system with allegations that it ignored students' accusations of sex assaults are back in front of federal judges.
POSTED JUNE 30, 2022 11:53 AM
|Montgomery Co. aims to lure in workers from states that roll back abortion rights
A wave of new abortion restrictions nationally could potentially lead to an influx of workers in Montgomery County.
POSTED JUNE 30, 2022 11:33 AM
|Reports: Presidential buzz surrounds Youngkin
There's some presidential buzz around Virginia Gov. Glenn Youngkin, and more and more, he seems to be embracing it.
POSTED JUNE 30, 2022 11:03 AM
|DC-295 reopened after cars get stuck in wet tar
Did the application process during repaving cause the wet tar that disabled several vehicles, which led to the closing of a section of D.C. 295 between Benning Road and and East Capitol Street?
POSTED JUNE 30, 2022 9:51 AM
|COVID reopening, TJ admissions: Outgoing Fairfax Co. superintendent reflects on great debates that marked his tenure
In a wide-ranging interview with WTOP, Scott Brabrand discussed how his tenure, which aimed at improving diversity among school staff and working to improve student outcomes, was interrupted by a once-in-a-century pandemic.
POSTED JUNE 30, 2022 9:30 AM
|‘Progressive’ PAC in Montgomery County is really a bunch of developers
Coming soon to the mailboxes of Democratic voters in Montgomery County — if they haven’t landed already: slick mailers from a group calling itself Progressives for Progress, urging votes for a slate of candidates for county executive and county council.
POSTED JUNE 30, 2022 8:56 AM
|Summer camp building in Frederick Co. engulfed in flames
Frederick County firefighters are battling flames that engulfed Camp Airy, a sleepaway camp in Thurmont, Maryland, Wednesday morning.
POSTED JUNE 30, 2022 3:55 AM
The trusted source of unique, data-driven insights on insurance to inform and empower consumers.
|IRC Study: Public Perceives Impact of Litigationon Auto Insurance Claims
Most Americans believe attorney advertising increases the number of liability insurance claims and lawsuits, according to recent research from the Insurance Research Council (IRC). The survey also indicated that consumers see a connection between attorney advertising and insurance costs. The IRC – like Triple-I, an affiliate of The Institutes – also found that consumer awareness … Continue reading IRC Study: Public Perceives Impact of Litigationon Auto Insurance Claims
POSTED JUNE 28, 2022 5:08 PM
|Fraud, Litigation Push Florida Insurance Market to Brink of Collapse
With its abundance of unneeded new roofs on homes – and flashy lawyer billboards at every turn claiming massive settlements on claims – Florida’s insurance market is on the verge of failure. This man-made catastrophe is causing financial strain on consumers, as the annual cost of an average Florida homeowners insurance policy will skyrocket to … Continue reading Fraud, Litigation Push Florida Insurance Market to Brink of Collapse
POSTED JUNE 23, 2022 6:05 PM
|Lightning SparksMore Than $1 Billionin Homeowners ClaimsOver Five Years
By Loretta Worters, Vice President, Media Relations, Triple-I More than $1 billion in lightning-caused U.S. homeowners insurance claims were paid out in 2021 to 60,000-plus policyholders, with 40 percent of that figure ($522 million) attributable to California alone, according to Triple-I. Based on national insurance claims data, the Triple-I found: The total value of claims … Continue reading Lightning SparksMore Than $1 Billionin Homeowners ClaimsOver Five Years
POSTED JUNE 21, 2022 4:54 PM
|Triple-I Responds to SEC’s Proposed Climate-Risk Disclosure Requirements
Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors, Triple-I said in a letter to the U.S. Securities and Exchange Commission (SEC). Triple-I’s letter responded to the SEC’s request for public comment on its proposed rulemaking, “The Enhancement and Standardization of Climate-Related Disclosures for … Continue reading Triple-I Responds to SEC’s Proposed Climate-Risk Disclosure Requirements
POSTED JUNE 17, 2022 5:59 PM
|Distracted Driving Surges Since Start of Pandemic
By Max Dorfman, Research Writer, Triple-I Distracted driving in the United States has risen more than 30 percent from February 2020 to February 2022, as the coronavirus pandemic has upended driving patterns, according to a recent report by telematics service provider Cambridge Mobile Telematics (CMT). This comes despite improvements in other dangerous behaviors, like speeding, … Continue reading Distracted Driving Surges Since Start of Pandemic
POSTED JUNE 15, 2022 3:21 PM
|Fla. P&C Crisis Worsens As Hurricane Season Begins
Already this year, three Florida insurers have been declared insolvent due to their failure to obtain full reinsurance as the 2022 hurricane season bears down. “We have the potential of a massive failure of Florida insurers, probably the worst on record,” says Triple-I communications director Mark Friedlander. According to Friedlander, the $2 billion reinsurance fund … Continue reading Fla. P&C Crisis Worsens As Hurricane Season Begins
POSTED JUNE 10, 2022 7:21 PM
|Report: Policyholders See Climate as a ‘Primary Concern’
By Max Dorfman, Research Writer, Triple-I (06/08/2022) Nearly three-quarters of property and casualty policyholders consider climate change a “primary concern,” and more than 80 percent of individual and small-commercial clients say they’ve taken at least one key sustainability action in the past year, according to a report by Capgemini, a technology services and consulting company, … Continue reading Report: Policyholders See Climate as a ‘Primary Concern’
POSTED JUNE 08, 2022 1:39 PM
|Litigation-Funding Law Found Lacking in Transparency Department
Piecemeal efforts to bring transparency to third-party litigation funding continued apace (albeit a snail’s pace) with legislation the governor of Illinois signed into law on May 27th. The funding of lawsuits by investors with no stake beyond the potential to profit from any settlement has been a growing contributor to the phenomenon known as “social … Continue reading Litigation-Funding Law Found Lacking in Transparency Department
POSTED JUNE 01, 2022 6:28 PM
|The Battle Against Deepfake Threats
By Max Dorfman, Research Writer, Triple-I Some good news on the deepfake front: Computer scientists at the University of California have been able to detect manipulated facial expressions in deepfake videos with higher accuracy than current state-of-the-art methods. Deepfakes are intricate forgeries of an image, video, or audio recording. They’ve existed for several years, and … Continue reading The Battle Against Deepfake Threats
POSTED MAY 31, 2022 5:50 PM
|Cyber Premiums Nearly Doubled as Losses Fell
By Max Dorfman, Research Writer, Triple-I Direct written premiums for cyber policies grew sharply in 2021 from 2020, spurred by claims activity and cyber incidents. According to a recent analysis by S&P Global Market Intelligence, direct written premiums nearly doubled, to approximately $3.15 billion in 2021, from $1.64 billion the previous year. Direct written premiums … Continue reading Cyber Premiums Nearly Doubled as Losses Fell
POSTED MAY 27, 2022 6:53 PM
|Global Construction Professional Services Sourcing and Procurement Market to Witness Nearly USD 61.03 Billion Growth by 2026 | SpendEdge
NEW YORK, June 30, 2022 /PRNewswire/ -- The Construction Professional Services Sourcing and Intelligence Report provides key information about the market. For instance, the Construction Professional Services Market will grow at a CAGR of 5.18% during 2022-2026. Key Players in the...
POSTED JUNE 30, 2022 2:25 PM
|CRIMINAL JUSTICE REFORMS PASSED WITH UNANIMOUS BIPARTISAN SUPPORT GO INTO EFFECT IN FLORIDA
A diverse coalition including law enforcement and criminal justice advocates came together to increase safety & strengthen communities NEW YORK, June 30, 2022 /PRNewswire/ -- REFORM Alliance, the nonprofit organization founded by award-winning recording artist Meek Mill; Fanatics CEO...
POSTED JUNE 30, 2022 2:24 PM
|Infinix представляет технологию 180W Thunder Charge на новом флагманском телефоне
ШАНХАЙ, 30 июня 2022 г. /PRNewswire/ -- Компания Infinix представила технологию быстрой зарядки 180W Thunder Charge, которая будет впервые представлена на отдельных флагманских телефонах Infinix, которые выйдут во второй половине этого года. Новая революционная технология позволит...
POSTED JUNE 30, 2022 2:23 PM
|Infinix prezentuje technologię 180W Thunder Charge, która zadebiutuje na jej najnowszym flagowym telefonie
SZANGHAJ, 30 czerwca 2022 r. /PRNewswire/ -- firma Infinix zaprezentowała swoją najnowszą technologię super-szybkiego ładowania baterii telefonu 180W Thunder Charge Technology, która zadebiutuje na wybranych flagowych telefonach Infinix. Premiera tych urządzeń będzie miała miejsce w...
POSTED JUNE 30, 2022 2:22 PM
|Infinix přináší novou 180W nabíjecí technologii Thunder Charge, která se poprvé představí v chystaném vlajkovém telefonu
ŠANGHAJ, 30. června 2022 /PRNewswire/ -- Společnost Infinix představila mimořádně rychlou 180W nabíjecí technologii Thunder Charge. Poprvé si ji vyzkoušíme u vybraných vlajkových telefonů Infinix, jež budou představeny v druhé polovině roku. Nová průlomová technologie umožní uživatelům...
POSTED JUNE 30, 2022 2:21 PM
|Dr. Drew E. Maris Opens MDVIP-Affiliated Family Physician Practice in the Bay Area
BOCA RATON, Fla., June 30, 2022 /PRNewswire/ -- MDVIP, the market leader in personalized healthcare, today announced that board-certified family physician Drew E. Maris, M.D. has opened a new MDVIP-affiliated practice in San Rafael, California. Dr. Maris, who has been practicing for 20...
POSTED JUNE 30, 2022 2:20 PM
|COINEX ÉTABLIT UN PARTENARIAT AVEC LA COUPE DU MONDE DE RUGBY 2021
HONG KONG, 30 juin 2022 /PRNewswire/ -- La Coupe du monde de rugby 2021 (RLWC2021) a annoncé la nomination de CoinEx comme partenaire officiel de la plateforme de négociation de cryptomonnaies. Fondée en 2017, CoinEx est une bourse internationale professionnelle de cryptomonnaies....
POSTED JUNE 30, 2022 2:20 PM
|GENYOUth APPOINTS ANN MARIE KRAUTHEIM, M.A., R.D., L.D., AS CHIEF EXECUTIVE OFFICER
Current President and Chief Wellness Officer begins new role leading GENYOUth's mission of building healthier school communities and promoting the health and well-being of America's youth NEW YORK, June 30, 2022 /PRNewswire/ -- GENYOUth, the national nonprofit organization that creates...
POSTED JUNE 30, 2022 2:20 PM
|Maggiano's Little Italy Invites Guests to Help Make Life-Changing Wishes Come True
Eat-a-Dish for Make-A-Wish program partners Maggiano's and Make-A-Wish for 19th straight year DALLAS, June 30, 2022 /PRNewswire/ -- Nearly 1,300 life-changing wishes have been granted by Make-A-Wish® thanks to the generous donations of Maggiano's Little Italy® Guests and starting today,...
POSTED JUNE 30, 2022 2:19 PM
|CanariaBio completa la inscripción del 50 % de pacientes en su estudio clínico FLORA-5
-CanariaBio anuncia el logro de un hito de inscripción del 50 % de pacientes en su estudio clínico de Fase III FLORA-5 de su producto líder oregovomab en el tratamiento de primera línea del cáncer de ovario avanzado SEÚL, Corea del Sur, 30 de junio de 2022 /PRNewswire/ -- CanariaBio Inc....
POSTED JUNE 30, 2022 2:18 PM
|Kohler Launches Purist Suspend Ceiling-Mount Kitchen Faucet
The new leading-edge design reimagines the kitchen faucet KOHLER, Wis., June 30, 2022 /PRNewswire/ -- Kohler, a global leader in the manufacture and innovation of kitchen and bathroom products, launches the new, Purist Suspend Kitchen Faucet. The Purist Suspend pushes the boundaries of...
POSTED JUNE 30, 2022 2:14 PM
|Kedrion Biopharma für Innovation bei der Behandlung seltener Krankheiten ausgezeichnet
FORT LEE, N.J, 30. Juni 2022 /PRNewswire/ -- Kedrion Biopharma, ein internationales biopharmazeutisches Unternehmen, das sich auf die Herstellung und den Vertrieb von aus Plasma gewonnenen therapeutischen Produkten zur Behandlung seltener und schwerer Krankheiten spezialisiert hat, wurde...
POSTED JUNE 30, 2022 2:13 PM
|SCALI RASMUSSEN'S CHRISTIAN SCALI AND HALBERT RASMUSSEN NAMED "LEGAL VISIONARIES"
LOS ANGELES, June 30, 2022 /PRNewswire/ -- Scali Rasmussen announced today that Founder and Managing Shareholder Christian Scali and Shareholder Halbert Rasmussen are recognized as 'Legal Visionaries' in the Los Angeles Times' second annual Business of Law magazine. The special supplement...
POSTED JUNE 30, 2022 2:13 PM
|Penelec Replacing Underground Cable in Millcreek Township to Help Enhance Service Reliability
New equipment will benefit hundreds of customers ERIE, Pa., June 30, 2022 /PRNewswire/ -- Penelec, a subsidiary of FirstEnergy Corp. (NYSE: FE), is working to help enhance service reliability for more than 400 customers in Millcreek Township, Erie County, by replacing underground electric...
POSTED JUNE 30, 2022 2:12 PM
|Gotion High-Tech a l'intention d'investir dans une base de production en Europe avec une capacité de production annuelle de 18 GWh
La base de Göttingen de Gotion High-Tech Co Ltd. (« Gotion High-tech ») devrait atteindre l'objectif de capacité de production annuelle de 6 GWh et 12 GWh en deux phases respectivement, permettant ainsi la production de la batterie de Gotion en Europe. GenDome, la première marque de...
POSTED JUNE 30, 2022 2:12 PM
|Kedrion Biopharma reconnue pour son innovation dans le traitement des maladies rares
FORT LEE, N.J., 30 juin 2022 /PRNewswire/ -- Kedrion Biopharma, une société biopharmaceutique internationale spécialisée dans la fabrication et la distribution de produits thérapeutiques dérivés du plasma utilisés dans le traitement de maladies rares et graves, a reçu le prix de...
POSTED JUNE 30, 2022 2:11 PM
|Squaring the Circle: An Innovation Barn, Urban Lumber, And Food Forests
Public-private partnerships provide innovative opportunities and jobs for a more sustainable future in this episode of Made In America: American Innovators CHARLOTTE, N.C., June 30, 2022 /PRNewswire/ -- Consensus Digital Media presents episode #6 of Made In America: American Innovators,...
POSTED JUNE 30, 2022 2:07 PM
|INSIGHTEC RECEIVES FDA IDE APPROVAL FOR PROSTATE CANCER COMPARATIVE STUDY USING HIGH INTENSITY FOCUSED ULTRASOUND TECHNOLOGY
Study will evaluate the safety and efficacy of the treatment with the Exablate Prostate system compared to active surveillance of prostate cancer HAIFA, Israel and MIAMI, June 30, 2022 /PRNewswire/ -- Insightec, a global healthcare company dedicated to using acoustic energy to transform...
POSTED JUNE 30, 2022 2:06 PM
|Impact XM to Inspire Exploration, Connect Life Science Exhibitors from Global Healthcare Brands at Rethink: Healthcare 2022
Leading Event and Experiential Marketing Agency Focuses on the Latest Trends in Healthcare Congresses and What's to Come in the Future DAYTON, N.J., June 30, 2022 /PRNewswire/ -- After over 15 years of hosting industry-leading events, Impact XM is excited to host Rethink: Healthcare 2022...
POSTED JUNE 30, 2022 2:04 PM
|Momentum Builds for High-Speed Rail: U.S. High Speed Rail Coalition Praises California's Governor and Legislature for Advancing State Project
SACRAMENTO, Calif., June 30, 2022 /PRNewswire/ -- The U.S. High Speed Rail Coalition today praised California Governor Gavin Newsom and the State Legislature for agreeing to a record $300 billion state budget that includes $4.2 billion in critical funding to advance the state's high-speed...
POSTED JUNE 30, 2022 2:03 PM
Finextra Research Headlines
|Bank-backed Irish mobile payments app taps Nexi as tech partner
Synch Payments, the mobile payments joint venture set up by Ireland's leading banks, has brought in Italy's Nexi as its technology partner.
POSTED JUNE 30, 2022 2:32 PM
|NatWest unveils carbon planner for UK businesses
NatWest has launched a digital carbon planner to help UK businesses manage their future fuel and operational costs, and grow greener.
POSTED JUNE 30, 2022 1:00 PM
|Federal Reserve delays ISO 20022 cutover by two years
The Federal Reserve is to delay the implementation of the new ISO 20022 payment messaging format by two years to 2025.
POSTED JUNE 30, 2022 12:27 PM
|Zilch maintains valuation on $50 million Series C extension
London-based BNPL unicorn Zilch has secured an additional $50m in funding, taking the total raise for its Series C to $160m.
POSTED JUNE 30, 2022 11:38 AM
|Metaco wins crypto custody gig with SocGen
Fresh from a contract win at Citi, Swiss crypto custody player Metaco has signed its next Tier 1 banking client, Societe Generale.
POSTED JUNE 30, 2022 10:29 AM
|Embedded tax platform April raises $30 million from fintech veterans
April, a personal income tax platform that embeds into digital financial apps, has raised $30 million in a Series A round of funding with backing from Treasury, a fintech infrastructure focused fund established by the founders of Betterment and Acorns.
POSTED JUNE 30, 2022 10:09 AM
|Vibrant raises €4m to turn Android devices into points of sale
Vibrant, a Danish app that turns Android mobile devices into points of sale, has raised €4 million in a seed round led by byFounders with participation from Luminar Ventures.
POSTED JUNE 30, 2022 10:00 AM
|UK condemned as a shameful safe haven for Moscow's gold
The UK's parliamentary Foreign Affairs Committtee has blasted Britain's status as a safe haven for dirty money as a "stain on our reputation", and called on the Government to bring forward legislation that would stop the flow of illicit cash through London.
POSTED JUNE 30, 2022 9:47 AM
|Revolut appoints Sid Jajodia as US CEO
Revolut's chief banking officer Sid Jajodia has picked up a new role as US CEO, overseeing the financial super app's extension into the US market.
POSTED JUNE 30, 2022 9:28 AM
|Loss-making neobanks look on with envy as incumbents splurge cash in digital arms race
In the week that saw Australian neobank Volt became the latest challenger to feel the effects of a tough funding environment, it has emerged that Wall Street giant Goldman Sachs is absorbing more than $1.2 billion in losses this year to back its move into the digital consumer market.
POSTED JUNE 30, 2022 12:01 AM