UK Bank Standard Chartered Sets Up Cryptocurrency Exchange As Rival HSBC Decides Not To Offer Digital Currencies To Customers | Currency News | Financial and business news

REUTERS / Edgar Su Standard Chartered will launch a cryptocurrency exchange and brokerage joint venture, the British bank said on Wednesday. The joint venture with BC Technology Group aims to serve institutional and corporate clients. StanChart’s move comes shortly after rival HSBC said it would not offer customers access to …

Read More »

Aviva warns of increase in claims fraud during pandemic

Law360, London (June 2, 2021, 4:05 p.m. BST) – Insurance giant Aviva warned on Wednesday that organized scammers were capitalizing on the COVID-19 crisis, after its figures suggested an increase in fraudulent claims in 2020. The proportion of claims associated with fraud in 2020 – at the height of the …

Read More »

Carpool clubs struggle to find insurance coverage

The UK carsharing community is facing an insurance crisis, with clubs across the country struggling to find an insurer to cover themselves. Some groups are being forced to disband and even take cars off the road after several insurers refuse to provide coverage, often with little explanation. In Leeds, Alison …

Read More »