Gigacover to provide benefits for independent workers in the Philippines

Dixie

Gigacover offers tailored financial and insurance services to gig workers, freelancers and self-employed persons, who often lack the benefits of regular employment. Among its more notable products is the Freelancer Earnings Protection, which provides informal workers access to paid medical and sick leaves.

Gigacover also provides employers cost-effective group healthcare and insurance. It entered the Philippine market with logistics platform Gogo Xpress of QuadX and freelancing group Filipina Homebased Moms (FHMoms) as its first customers.

“At Gogo Xpress, we pride ourselves in treating our rider partners as our third customer, apart from our sellers and buyers,” said Bea Mantecon, head

Read More

WTW unveils risk forum for ports and terminals

Dixie



Willis Towers Watson has announced the launch of a dedicated risk forum for the ports and terminals industry.

The forum includes ports and terminals client members worldwide, as well as risk forum specialists from Willis Towers Watson. It acts as a members’ network to explore risk identification and response while delivering customised risk management services.

The forum is collaborating with the Centre for Risk Studies at the University of Cambridge Judge Business School, a Willis Research Network partner, to develop an index of risk disruptors scheduled for launch next year.

“We are delighted to be developing a dedicated

Read More

ECB approves a new oversight framework for electronic payments

Dixie

Following a 2020 public consultation, the European Central Bank’s (ECB) Governing Council has approved a new Eurosystem oversight framework for electronic payments, schemes and arrangements.

Background

ECB approves a new oversight framework for electronic payments

The PISA framework is the result of a “comprehensive review of the Eurosystem’s oversight approach for payment instruments” [1] and it is designed to make the current and future payments ecosystem safer and more efficient, as part of the ECB’s statutory task to promote the smooth operation of payment systems”, according to the official ECB press release.

It is worth highlighting, according to a

Read More

Report: The Future Consumer 2023

Dixie

Consumers and financial service providers often play leapfrog, taking turns making the next jump into the future.

Decades ago, risk and regulatory innovations enabled banks to issue cards more broadly, leading consumers to adopt electronic payments. Consumer commerce then shifted online, leading to issuers changing products, services and experiences.

Over the past year, both traditional and upstart financial service providers have streamlined and digitised to enable remote workforces and customer experiences.

Consumers and society overcame challenges not seen in over a generation. Just as survivors of the Great Depression focused on achieving the necessary with minimal resources, consumers coming out

Read More