NTUC Income to extend support schemes until end-year

spike

Additionally, motorcycle insurance policyholders who have registered their motorcycle for delivery business can continue to apply for a 20% discount on premiums until the end of the year.

During the extension period, eligible customers who have previously successfully applied for premium deferments on their life and health insurance policies can also apply for a second six-month deferment period on the same policy, the insurer said.

In October 2020, NTUC Income extended its support scheme for general insurance and corporate business plans until December 31, 2021. The company reported that since April 2020, it has approved over 20,000 applications for its

Read More

Worldwide Broker Network welcomes new CEO

spike

Founded in 1989, today the WBN has more than 100 member firms across 90 countries, and revenues at the end of 2020 of more than US$6 billion. Beecher Carlson has been a member of the WBN for six years, which is how Collins became actively involved with the broker network. She has been a member of the WBN Board of Directors since 2019 and is head of WBN’s Young Professionals Academy. 

“I’m delighted that we have attracted a leader of Olga’s calibre as our next CEO,” said Alex Gilmore, chairman of WBN’s board. “The WBN Board followed a rigorous selection

Read More

How Issuers can build modular ecosystems for modern payments

spike

The fast-moving digital payments market, driven by ever-increasing consumer demands, requires modular ecosystems that will keep pace with innovation. With legacy platforms no longer fit for purpose, pan-European processor Nets warns issuers about the pitfalls they need to avoid to implement a successful modern payment ecosystem.

In a new white paper, A modular ecosystem for payment services, Nets says that issuers are being continually challenged to deliver innovative services in the face of increasing competition from digital challengers and FinTech players.

But they are still relying on creaking, outdated legacy platforms that can no longer keep pace with fast-moving payments,

Read More
spike

The Finance World
Finance is a broad term that deals with the many aspects of managing and multiplying money including investments, expenditures, income, etc. It is a phenomenon that cuts across all levels: personal, corporate, government, international, etc. Aa such, no one is exempted from financial matters. The financial world is a world on its own as it largely determines the economy, and arguably the crown of any human society. Finance is divided into many types:

Personal finances
This deals with managing your money matters as a person. It deals with how you spend your money, what you spend your … Read More