Connect with us

Fintech

Mapfre 2021 Economic and Industry Outlook

Avatar

Published

on

MAPFRE Economics presents the 2021 edition of its Economic and industry outlook. As is the case every year, this document seeks to provide an overview of economic performance outlooks for both the world as a whole and its major economies, and, from this general context, to analyze the environment in which the insurance industry will operate.
Following the profound impact of the crisis caused by the COVID-19 pandemic, which has brought about major changes to the world’s production structure, the global economy is heading toward a new normal in which, despite the catalytic effect of vaccine development  and application to reduce long-term risks, the potential remains for further contraction given the recent outbreaks of the virus.
In this context, the report predicts that the world economy will resume growth in 2021, strongly supported by the performance of developed markets that will capitalize on double monetary and fiscal momentum, while emerging markets will also recover, albeit at a slower pace. From an industry perspective, unlike other activities, the insurance sector has shown some resilience to the effects of the sharp and significant decline in economic activity. This has been supported by the compensation generated by the acyclic behavior of certain business lines compared to others that, on the contrary, have been strongly affected by the economic crisis. As such, the fall in activity has negatively affected the segments most linked to the economic cycle. Similarly, the accommodative monetary policies, as well as families and companies moving toward liquidity positions, have negatively affected the insurance business linked to savings, especially in developed
markets. The economic revival expected for 2021 may underpin a recovery in the sector, especially in emerging countries. However, as is generally the case with economies, it will be uneven across the various markets and insurance business lines.

Read the full report here.

The post Mapfre 2021 Economic and Industry Outlook appeared first on Fintech News.

Checkout PrimeXBT
Trade with the Official CFD Partners of AC Milan
Source: https://www.fintechnews.org/mapfre-2021-economic-and-industry-outlook/

Fintech

US, Canada lead in open banking adoption, with 16 million using API

Avatar

Published

on

Sixteen million consumers in the United States and Canada are using the Financial Data Exchange’s (FDX) open banking and finance API, according to data reported by the nonprofit financial sector standards organization Wednesday. Open banking allows third-party vendors to access data collected by banks and financial institutions using software gateways, or APIs, and FDX works […]

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://bankautomationnews.com/allposts/infrastructure/us-canada-lead-in-open-banking-adoption-with-16-million-using-api/

Continue Reading

Fintech

FinovateSpring Digital 2021 Sneak Peek: FINBOA

Avatar

Published

on

A look at the companies demoing at FinovateSpring Digital on May 10 through 13, 2021. Register today and save your spot.

FINBOA’s workplace automaton platform and workflow solutions, including Regulation E Dispute Tracking, transform compliance processing for banking institutions, increasing efficiency by 80-90%.

Features

  • Improve efficiency and customer experience with process automation
  • Reduce regulatory deficiencies and compliance risk with workflow solutions
  • Increase information access with centralized data management

Why it’s great
With impactful, easy to adopt, and quick to deploy process automation solutions, FINBOA helps banks and credit unions improve compliance, efficiency, and customer experience enterprise-wide.

Presenters

Dave Hunkele, Advisor to FINBOA
Hunkele advises FINBOA through his company, Kreativelabs Consulting, and works with fintechs, financial institutions, and industry associations helping organizations innovate, grow, and transform.
LinkedIn

Raj Singal, CEO & Founder
Singal is the CEO & Founder of FINBOA. He is a leading innovator in back-office process automation solutions for banks and credit unions.
LinkedIn

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://finovate.com/finovatespring-digital-2021-sneak-peek-finboa/

Continue Reading

Fintech

FinovateSpring Digital 2021 Sneak Peek: Quantum Metric

Avatar

Published

on

A look at the companies demoing at FinovateSpring Digital on May 10 through 13, 2021. Register today and save your spot.

Quantum Metric helps organizations build better digital products faster. Our platform for Continuous Product Design gives business and IT teams a fast and quantified single version of truth.

Features

  • Enables real-time data driven decision making
  • Aligns siloed teams like business and IT
  • Centers the product design process around customer interactions

Why it’s great
Quantum Metric helps companies increase organizational alignment and digitally transform their customer experiences.

Presenters

Jake Canaan, Sales Engineering Manager
Canaan leads the Solutions Engineering teams in the Northeast and Great Lakes for Quantum Metric. He is based in Washington, DC.
LinkedIn

Trevor Pyle, Director of Product Marketing
Pyle is a Director of Product Marketing focused on the core Quantum Metric platform. He is based in beautiful Denver, Colorado.
LinkedIn

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://finovate.com/finovatespring-digital-2021-sneak-peek-quantum-metric/

Continue Reading

Fintech

FinovateSpring Digital 2021 Sneak Peek: Aisot Technologies

Avatar

Published

on

A look at the companies demoing at FinovateSpring Digital on May 10 through 13, 2021. Register today and save your spot.

aisot helps trading and investment professionals make better decisions by providing next generation analytics and forecasts signals.

Features

  • reduce forecasting errors by up to 50%
  • adjust to different asset classes, time horizons, and goal functions
  • dynamically combine different data sources (structured & unstructured) in real-time

Why it’s great
aisot builds next generation signals for financial services, cutting forecasting errors by 50% and offering new opportunities for traders, market makers, and asset managers.

Presenter

Stefan Klauser, CEO & Co-Founder
Klauser is CEO & Co-Founder of aisot. Before he worked as Project Lead Finance 4.0 at the Chair of Computational Social Science at ETH Zurich.
LinkedIn

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://finovate.com/finovatespring-digital-2021-sneak-peek-aisot-technologies/

Continue Reading
Esports5 days ago

Apex Legends Season 9 will add new hero, fix Banglore bugs

Esports5 days ago

Code S: Trap & Zest advance to RO8, playoff bracket set

Blockchain3 days ago

Mining Bitcoin: How to Mine Bitcoin

Fintech4 days ago

Fintech offers brokers better commissions after BID

Esports4 days ago

OWL 2021 Power Rankings – #9 Guangzhou Charge

PR Newswire3 days ago

Hello Pal Signs Definitive Purchase Agreement to Acquire Interest in Dogecoin/Litecoin Mining Assets

Esports4 days ago

xQc Banned From NoPixel GTA RP Server Once Again

Blockchain5 days ago

Stanislovas Tomas im Interview: „NFTs können unsere Gesellschaft verändern“

Esports4 days ago

CDL Challengers Elite Stage 3 Preview

Coinbase hourly chart
Blockchain3 days ago

Coinbase Addresses Future Revenue Concerns With Plans to Become Crypto’s Amazon

Esports5 days ago

Zayt Retires From Competitive Fortnite For The Second Time

Esports4 days ago

Three takeaways from the SWT Japan Ultimate Online Qualifier

Esports4 days ago

Twitch streamer Lando Norris takes Italian F1 Grand Prix podium

Esports4 days ago

Cloud9 Perkz says Kassadin can’t ever be balanced in LoL

Esports5 days ago

Dota 2: DPC Weekly Recap — SEA Apr 12-17, 2021

Blockchain3 days ago

Did Coinbase Insiders Really Cash Out? It’s Complicated

Esports4 days ago

Valorant: Meet the top 4 EU teams qualified for VCT EMEA Stage 2 Challengers Final

Fintech4 days ago

HashChing acquires Mystro to further expand its offering to mortgage brokers

Esports5 days ago

Nigma make impressive debut versus Team Secret in Europe Season 2 DPC league

Esports5 days ago

Was Jake Paul’s first-round knockout of Ben Askren rigged?

Trending