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Financial technology and innovation

Los Angeles Home Sales Take Longer Despite Tighter County Inventory
INVESTING

Los Angeles Home Sales Take Longer Despite Tighter County Inventory

Los Angeles County homes took longer to sell in August despite lower inventory. Luxury listings depend on pricing, presentation and buyer reach.

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Commercial Cleaning Schedules: How Often to Clean Shared Spaces
BANKING

Commercial Cleaning Schedules: How Often to Clean Shared Spaces

Daily cleaning and extra checks keep busy shared spaces presentable, hygienic, and safe. Adjust deeper cleaning to building use and conditions.

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Business Email Compromise Drives Half of Travelers’ Cyber Claims
BANKING

Business Email Compromise Drives Half of Travelers’ Cyber Claims

Travelers reports a 57% rise in financial fraud and business email compromise claims in a year, as AI makes impersonation more convincing.

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Google Cloud UK Outage Disrupts Banking and Public Services Before Recovery
BANKING

Google Cloud UK Outage Disrupts Banking and Public Services Before Recovery

Google restored UK cloud services after an hours-long outage disrupted financial firms and public websites, highlighting the reach of shared infrastructure.

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Ohio Mutual Names Brenton Kratzer AVP of Internal Audit
BANKING

Ohio Mutual Names Brenton Kratzer AVP of Internal Audit

Kratzer brings more than 15 years of audit experience to Ohio Mutual as the insurer prepares for Kristy Kinley’s December retirement.

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Texas Data Center Power Demand Could Reverse Air Quality Gains, HARC Report Finds
ECONOMY

Texas Data Center Power Demand Could Reverse Air Quality Gains, HARC Report Finds

A HARC report finds Texas data centers could raise nitrogen oxide emissions by 35% with cleaner power or nearly 400% with on-site natural gas by 2031.

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Texas Department of Insurance Launches Tool to Clarify Auto Insurance Declinations
INVESTING

Texas Department of Insurance Launches Tool to Clarify Auto Insurance Declinations

The Texas Department of Insurance's new tool reveals reasons behind auto insurance policy declines, aiming for greater transparency for drivers.

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Ohio Attorney General Targets Home Improvement Firms for Consumer Fraud
BANKING

Ohio Attorney General Targets Home Improvement Firms for Consumer Fraud

Ohio's AG has filed lawsuits against two home improvement companies for misappropriating consumer payments and failing to deliver promised services.

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Taiwan Invests $4 Billion in Texas AI Facilities, Bolstering Supply Chains for Nvidia
INVESTING

Taiwan Invests $4 Billion in Texas AI Facilities, Bolstering Supply Chains for Nvidia

Taiwan is set to invest $4 billion in Texas to enhance AI supply chains, aiding Nvidia and other tech firms by establishing critical manufacturing hubs.

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Travelers Insurance Achieves Strong Q3 Underwriting Performance and Record Investment Income
INVESTING

Travelers Insurance Achieves Strong Q3 Underwriting Performance and Record Investment Income

Travelers Insurance reported solid underwriting results and record investment income for Q3, despite an increase in catastrophe losses.

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West Virginia Fire Commission Reveals Urgent Need for Enhanced Firefighter Staffing
BANKING

West Virginia Fire Commission Reveals Urgent Need for Enhanced Firefighter Staffing

The West Virginia Fire Commission's new plan highlights critical firefighter staffing shortages, stressing the need for increased resources and support.

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Florida Court Upholds Law Regulating Social Media Use Among Minors
BANKING

Florida Court Upholds Law Regulating Social Media Use Among Minors

Florida has secured a court ruling enabling a ban on social media accounts for children under 14, amidst ongoing legal challenges from industry groups.

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Axa Faces Uncertainty Over Key Italian Partnership Amid Bank Consolidation
BANKING

Axa Faces Uncertainty Over Key Italian Partnership Amid Bank Consolidation

Axa anticipates losing its partnership with Banca Monte dei Paschi as Italian banking consolidation increases, potentially impacting its financial outlook.

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CreditRefresh Enhances Borrower Preparation by Addressing Credit Report Errors
BANKING

CreditRefresh Enhances Borrower Preparation by Addressing Credit Report Errors

CreditRefresh empowers borrowers by enabling proactive credit report analysis, helping correct errors before loans are finalized.

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Immigrant Entrepreneurs: A Driving Force Behind U.S. Economic Growth
ECONOMY

Immigrant Entrepreneurs: A Driving Force Behind U.S. Economic Growth

Immigrant entrepreneurs are crucial to America's economy, founding businesses at double the rate of U.S.-born individuals and generating significant job growth.

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Illinois' New Cover Crop Insurance Program Aims to Boost Sustainability in Agriculture
BANKING

Illinois' New Cover Crop Insurance Program Aims to Boost Sustainability in Agriculture

Illinois launches a cover crop insurance savings program for 2027, promoting environmental stewardship while lowering costs for farmers.

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Surge in Shipping and Insurance Costs Threatens Global Energy Market Efficiency
ECONOMY

Surge in Shipping and Insurance Costs Threatens Global Energy Market Efficiency

OPEC and non-OPEC ministers highlight soaring shipping and insurance costs as hurdles for the global energy market, impacting inflation and growth.

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Rising Business Interruption Claims Approach $1 Million: Key Factors Impacting Insurance Costs
ECONOMY

Rising Business Interruption Claims Approach $1 Million: Key Factors Impacting Insurance Costs

Business interruption claims are nearing $1 million, driven by natural disasters, inflation, and supply chain issues, highlighting rising complexity and costs.

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European Insurers Scale Back Coverage for Climate-Related Risks
BANKING

European Insurers Scale Back Coverage for Climate-Related Risks

Insurers across Europe are cutting back on coverage for climate-related damages, leaving homeowners and governments at higher financial risk.

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Ongoing Cleanup Efforts in North Carolina Highlight Long-Term Impacts of Hurricane Helene’s Debris
BANKING

Ongoing Cleanup Efforts in North Carolina Highlight Long-Term Impacts of Hurricane Helene’s Debris

Two years post-Hurricane Helene, cleanup teams face challenges from persistent PVC pipe debris, posing ongoing risks to the French Broad River ecosystem.

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