Gibraltar Stock Exchange

Business Wire | September 18, 2020

Apifiny, a leading fintech company that is building a new internet of financial services, today announced that ECS Fin will begin a pilot program to test the integration of Apifiny’s Roxe instant settlement network. The Roxe network is designed to save financial institutions significant time and costs by using blockchain technology to provide highly reliable, secure, and real-time clearing and cross-border settlement of payments and remittances, traditional assets, and digital assets. On t...

Arch Capital | July 15, 2020

Arch Capital Group is expecting somewhere between $205 million and $225 million in pre-tax catastrophe losses across its property casualty insurance and reinsurance segments for the second quarter. The approximation is net of reinsurance recoveries and reinstatement premiums, and spans a range of estimates for exposure to COVID-19 global pandemic claims as well as for losses related to civil unrest claims in the US and other catastrophic events in the period....

World Bank | June 25, 2020

The World Bank has published a report analyzing options to enhance the transformative and catalytic impact of public climate finance by addressing systemic barriers to low-carbon and climate-resilient investments. Titled, ‘Transformative Climate Finance: A New Approach for Climate Finance to Achieve Low-carbon Resilient Development in Developing Countries,’ the report identifies eight sets of climate levers to drive climate action: project-based investments; financial sector r...

Payments

InvoiceCloud | June 29, 2021

InvoiceCloud, an EngageSmart solution for online bill payment services, confirmed recently IVR enhancements, providing billers and their clients with far more omnichannel choices for contactless bill payments and account management. The IVR system enables payers to pay their tax, insurance, utility, or other bills over the phone in a rapid and easy manner. Customers may make payments when and where they choose with the improved solution, store credit and debit card payment informa...