GlobalData Financial Services
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12 Jul
Cryptocurrencies are game-changing but they shouldn’t replace traditional currency
Cryptocurrencies have captured the interest of investors the world over.
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12 Jul
Pet insurance: How Google Photos could be used to keep pets healthy
The pet insurance market has long faced a challenging claims landscape, forcing insurers to increase average premiums annually.
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15 Mar
Financial services are not ready for fintech — survey
Only a minority of those working for financial services providers believe their organisation is adequately prepared to meet the fintech challenge, according to a GlobalData survey on the impact of fintech.
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13 Mar
In three months the US healthcare market has changed thanks to Amazon, Apple, and Google
Big tech companies could be seen as either a threat or an opportunity for partnership by the established insurance industry.
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6 Feb
The bull is running out of steam and memories of 2008 will be playing on investors’ minds
The Dow Jones recorded its largest one-day point drop in history yesterday, leaving investors spooked.
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31 Jan
Amazon, Berkshire Hathaway and JPMorgan Chase is the first healthcare alliance but it won’t be the last
Amazon, Berkshire Hathaway, and JPMorgan have teamed up to create a healthcare alliance to serve their US employees.
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23 Jan
The open banking era has started with a whimper
The UK’s open banking era may have commenced on 13 January but it did so in an underwhelming fashion.
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22 Jan
The US is top for attracting offshore millionaires
Almost a third (29 percent) of offshore wealth held by millionaires is booked in the US — and this share is likely to rise as the country becomes better known as a tax haven.
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28 Nov
China is relaxing foreign ownership restrictions on banks. It needs to do more
Foreign banks have long bemoaned the lack of control over their joint ventures in mainland China, and have often blamed poor market share growth on it.
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10 Nov
Paradise Papers: wealth managers must brace for more regulation
The so-called Paradise Papers won’t have many direct implications for offshore wealth managers.
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8 Nov
Central banks are jumping on the blockchain bandwagon
Blockchain technology could potentially trigger a revolution in banking.
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1 Nov
Income protection must adapt for uncertain incomes
Income protection insurers must create tailored policies for self-employed, gig, and zero-hour contract workers that acknowledge uncertain incomes and potential periods of unemployment.
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24 Oct
Personal cyber attack insurance: has it come to this?
Cyber insurance is now a requirement for businesses, yet the need for personal protection is growing and personal cyber attack insurance could become normal soon.
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18 Oct
RANKED: The world’s wealthiest countries
Despite China set to overtake the US as the world’s largest economy in the next few years, the US is still way out ahead in terms of wealth.
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16 Oct
Macron must do more if he wants to bring French wealth home
French president Emmanuel Macron’s decision to ease the wealth tax will receive a warm welcome from French millionaires.
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13 Oct
Insurtech: can peer-to-peer insurance really work?
Insurtech company Guevara closed down last month, casting doubt over the future of the peer-to-peer insurance model.
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10 Oct
Travel insurers aren’t having the best time of it lately
The past month has been a tumultuous period for the airline industry.
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3 Oct
AI set to dominate agenda at Money20/20
For banks looking to differentiate themselves, providing good customer experience is essential — but not always easy.
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3 Oct
Amazon has set its sights on the insurance industry. Here’s why insurers should be worried
Amazon’s success as a digital retailer has won it fans in the insurance industry for its innovation and customer centric model.
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20 Sep
Why has Peter Thiel invested in this insurtech startup?
Peter Thiel, co-founder of PayPal and an early investor in Facebook, has returned his attention to the fledgling insurtech scene by leading a $10m investment into Berlin-based startup Coya.
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19 Sep
UK financial advice: is a price war on the horizon?
UK-based wealth managers are uncertain what effect the new EU regulations will have on their relationships with clients.
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8 Sep
The Co-op is using chatbots for insurance quotes: the future or a cheap gimmick?
Co-operative Insurance has launched the first pricing estimate chatbot in the UK car insurance industry, via Facebook Messenger.
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7 Sep
Ogden rate: UK insurers claim victory — how will it affect customers?
The so-called Ogden rate is going to be pushed up to between zero percent and one percent in a major victory for UK insurers and customers alike.
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5 Sep
The Provident Financial disaster shows just how important the human touch is
The spectacular fall from grace of Provident Financial highlights the importance of the human dimension in the provision of financial services, as well the risks associated with centralising services in the name of efficiency.
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4 Sep
Financial giants are turning to inorganic growth to achieve a competitive edge
Business intelligence is expected to attract huge investment from established players in the financial markets industry to aid strategic planning in coming years.
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1 Sep
People in Australia aren’t using mobile payments because contactless cards are too good
Contactless payment cards are ubiquitous in Australia, and acceptance has been strong compared to most other markets.
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17 Aug
BBVA’s digital transformation continues to impress
While many banks have struggled to reinvent themselves for the digital era, BBVA is succeeding in transforming itself into a digital-first provider, with its results showing impressive growth in customer use of its digital channels.
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16 Aug
An update to the UK’s data protection bill is creating uncertainty over how insurers use big data
The UK’s data protection bill is set to be modernised to include protection for people’s internet history, social media, and DNA.
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7 Aug
Europe is getting real-time payments this year and Visa and Mastercard should be worried
Real-time payments are already live in some European domestic markets, and from November will be available across the continent.
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3 Aug
These are the industries where the richest in the US make their money
Amazon chief executive Jeff Bezos briefly became the world’s richest person last week, forcing Microsoft founder Bill Gates from the top spot.