Milepost Insurance joins Truckstop Partner Marketplace

September 4, 2023

Milepost Insurance Agency has become part of the Truckstop Partner Marketplace, in a collaboration set to offer reliable and comprehensive insurance coverage to independent truck owner-operators.

credolab has partnered with Circulo de Credito in a bid to raise financial inclusion levels in Mexico.

credolab partners with Circulo de Credito for credit-scoring solutions

September 19, 2023

credolab has partnered with Circulo de Credito in a bid to raise financial inclusion levels in Mexico.

Online lending can be a more profitable asset class than stocks, bonds and real estate, according to the latest research by the Gillmore Centre for Financial Technology. The research revealed that the newly developed framework of general characteristics-based portfolio policies (GCPP) can achieve an average rate of return of 8.86 to 13.08 percent each year in an extensive data set of online loans collected from LendingClub. This significantly outperforms an equal-weight portfolio of loans. The paper ‘Gaining a Seat at the Table: Enhancing the Attractiveness of Online Lending for Institutional Investors’ recommends that institutional investors “gain a seat at the table” when it comes to online lending, warning that investors may miss the boat due to a lack of awareness and understanding of the asset class. Ram Gopal, Director of the Gillmore Centre for Financial Technology at Warwick Business School and Co-Author, said: “Online lending is in danger of slipping by and costing institutional investors, in particular, a lot of money. Limited awareness of this emerging asset class and the accompanying lack of understanding in industry, coupled with stringent government regulations, has led to this high potential investment flying under the radar.” “Online lending through a GCPP framework can have a transformative impact on institutional investors and unlock business growth for many organisations. Industry leaders and asset platforms should work together to ensure that businesses and investors collaborate on appealing investment opportunities that provide high pay-offs, underpinned by the research of world-class institutions that can lead innovations in emerging opportunities such as online lending.” Morris Strub, Associate Professor at the Gillmore Centre for Financial Technology and Co-Author, commented: “The absence of effective frameworks for investment in online loans and other new asset classes continues to complicate the investment landscape. But the Gillmore Centre’s development of GCPP can help sophisticated investors to harness the potential of new asset classes emerging from Financial Technology. Our framework can be applied not only for investment on online lending platforms, but also for traditional assets such as stocks or bonds. The paper was authored by a quartet of leading university academics including Ram Gopal, Director of the Gillmore Centre for Financial Technology at Warwick Business School; Xiao Qiao, assistant professor at the School of Data Science at the City University of Hong Kong; Moris Strub, associate professor at the Gillmore Centre; and Zonghao Yang, PhD student at the City University of Hong Kong.

Wilshire Indexes turns to Alveo’s DaaS for corporate actions data optimisation

September 26, 2023

Wilshire Indexes, a premier global benchmark platform, and Alveo, a top-tier provider of cloud-based market data management services, have embarked on a partnership.

Xoxoday and resal partner to revolutionise employee engagement in Saudi Arabia

October 10, 2023

Xoxoday, a prominent and loyalty solutions provider, has entered into a strategic partnership with resal in a bid to foster market growth in Saudi Arabia.

KYND’s cyber risk expertise powers Nirvana’s underwriting transformation

October 19, 2023

KYND and Nirvana, two trailblazing names in their respective fields, have joined forces to revolutionise cyber underwriting. KYND stands out as a provider of advanced cyber...

Flagright, a global leader in AI-powered AML (Anti-Money Laundering) compliance solutions, has announced that it has onboarded iCore Technologies as its latest customer.

iCore Technologies taps Flagright to enhance security measures on digital products

November 2, 2023

Flagright, a global leader in AI-powered AML (Anti-Money Laundering) compliance solutions, has announced that it has onboarded iCore Technologies as its latest customer.

hyperexponential and Akur8 collaborate for cutting-edge InsurTech pricing solutions

November 20, 2023

hyperexponential and Akur8, two prominent names in the FinTech industry, have recently announced a strategic partnership.

IDEX Biometrics and Toppan Gravity unveil biometric Smart Cards in Emerging Markets

December 7, 2023

IDEX Biometrics and Toppan Gravity, a wholly-owned subsidiary of the Toppan Group, a leading provider in the secure payment and identity industries, are set to introduce innovative biometric cards.

WISeKey, a global leader in cybersecurity, digital identity, and Internet of Things (IoT), and the Port Authority of Algeciras have embarked on a groundbreaking partnership. WISeKey is renowned for its innovative approaches in securing digital ecosystems, while the Port Authority of Algeciras is a pivotal hub for maritime logistics and trade. This collaboration aims to integrate the Port of Algeciras into the Digital Transformation Consortium of the container and port logistics sector, following the successful model established by WISeKey with DP World in Dubai. The partnership reflects a concerted effort to advance digital transformation in the maritime sector. WISeKey, with its rich heritage in cybersecurity and digital solutions, offers a robust platform that fosters digital identity and IoT innovations. Their subsidiary companies, including SEALSQ Corp, WISeKey SA, WISeSat AG, and WISe.ART Corp, each contribute uniquely to this overarching mission. The Port Authority of Algeciras, a vital node in international trade, complements this with its commitment to fostering open and collaborative innovation in maritime logistics. Carlos Moreira, President and Founder of WISeKey, expressed his enthusiasm, “It is a great satisfaction for me to observe the union of efforts between WISeKey and the Port Authority of Algeciras in this pioneering digital transformation project. This alliance represents not only renewed dynamism for the Campo de Gibraltar area but also marks the beginning of an era where this region will position itself as a leading laboratory in digital innovation. "With this collaboration, we are laying the groundwork to lead a large-scale digital transformation process, opening new opportunities and establishing a model to follow in the global technological field. We are on the threshold of turning the Campo de Gibraltar into an international reference in terms of digital innovation and progress." Keep up with all the latest FinTech news here. Copyright © 2023 FinTech Global

CyberTech WISeKey collaborates with Algeciras for digital transformation

December 28, 2023

WISeKey, a global leader in cybersecurity, digital identity, and Internet of Things (IoT), and the Port Authority of Algeciras have embarked on a groundbreaking partnership.