Intelligence
Insurtech Raising Plummets by 50% in Q1 2020 — Report Suggest COVID-19 As a Cause
Despite the clear impact of COVID-19 on InsurTech investment worldwide during Q1, insurtechs saw a decline in funds raised compared to 2019. Insurtechs ...
Global
Uneasy Calm As Google And Facebook Roll Out Plans for Free Internet
For some years now, Google and Facebook have been working to provide free global internet. However, this push to help internet users, especially ...
Global
US and French regulators team up to ease fintech market entry
US and French regulators have formed a partnership to ease entry for fintechs into New York and French markets. The New York State ...
Global
IMF Says Banks’ Profitability Could Be Muted Through 2025
A new report says a host of headwinds will trouble financial institutions worldwide for years, though North American banks are expected to fare ...
Global
India overtakes China in fintech VC funding in Q1 2020
Startups in the payments and lending sectors led the number of investments in India, whereas China’s deals were more in cross-sector fintech startups ...
Global
China central bank signals more policy measures to support the virus-ravaged economy
China’s central bank said on Sunday it will step up counter-cyclical adjustments to support the economy and make monetary policy more flexible to ...
Global
Goldman Sachs sees worst India recession with 45% second-quarter slump
Goldman sees India’s GDP contract by an annualized 45% in the second quarter from the last three months. Goldman Sachs expects India will ...
Global
Facebook chief Mark Zuckerberg wants EU not China to lead on tech regulations
Facebook chief Mark Zuckerberg wants EU, not China to lead on tech regulations When Europe sets policies, they often become standards around the ...
Global
UN rolls out new technology initiative to help developing countries fight COVID-19
Tech Access Partnership programme will facilitate local production of essential health gear and technologies to stem the virus The United Nations Technology Bank ...
Global
Regulators Announce Temporarily Changes to Increase Banks’ Lending to Households, Businesses
The federal bank regulatory agencies today announced temporary changes to their supplementary leverage ratio rule. The temporary modifications will provide flexibility to certain ...
