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Private automobile loss ratios surged from 55.6 year-end 2020 to 72.2 in the first three quarters of 2021, the highest level in a decade. At the same time, prices for new vehicles rose 11.8% last year, the largest rise since 1975. Higher physical damage severity added nearly six points to combined ratios of certain large […]
The post As inflation pushes telematics adoption, new opportunities arise first appeared on Daily Fintech.
Here is our pick of the 3 most important Stablecoin stories during the week. CBDC’s are trying hard to stay in the game. This week we heard a lot about CBDC’s and how they could be implemented. The Bank of England (BoE), Bank of International Settlements (BIS) and IOSCO all weighed in with lots of reports. […]
The post Stablecoin News for the week ending Wednesday 20th July. first appeared on Daily Fintech.
Crypto has had a turbulent year from an investment standpoint. In May, the market collapsed, with extremely volatile trends and Bitcoin dropping into the teens. However, widespread retail adoption of crypto payments is already happening with big brands and SMEs joining. Gucci, Balenciaga, Alo Yoga, and Tag Heuer are some of the brands that have announced […]
The post Merchants hold the keys to crypto’s next big step first appeared on Daily Fintech.
Destruction of value in Fintech stocks gives us all a lesson to learn The rapid destruction of values in fintech stocks over the past year is salutary. History it seems keeps on repeating itself and nobody seems to learn anything in the process. Klarna is a particular case in point but there are plenty of […]
The post Alt Lending Week Ending July 15th 2022 first appeared on Daily Fintech.
Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 ESAP latest: EU drives towards transparency Among other great speakers at the recent XBRL Europe conference, Jean-Phillippe Rabine from the European Commission (EC) provided an update on progress towards the planned European Single […]
The post XBRL News about ESAP, India and crypto accounting first appeared on Daily Fintech.
Electric vehicles(EVs) form a 10% slice of new car sales in Europe, with the proportion expected to reach 30% by 2030. Still, buying EVs can be intimidating with multiple unknowns. Drive Electric, an initiative of Bâloise group, provides value-added services to help customers making the switch to electric. From support to set up home charging […]
The post Innovation, Digital Ecosystems & CHF 1billion goal: Bâloise’s Masterplan first appeared on Daily Fintech.
Society is becoming digital and we are on our way to becoming a multiplanetary species, that vacations and lives on other planets. “A lot has changed in the past three hundred years. People are no longer obsessed with the accumulation of things …the economics of the future are somewhat different. You see, money doesn’t exist […]