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Alex Dalyac is the co-founder and CEO of Tractable, which develops artificial intelligence for accident and disaster recovery. Working with the largest insurers across the United States, Europe and Asia, Tractable's AI has accelerated accident recovery for hundreds of thousands of households. Prior to Tractable, Alex performed research at Imperial College London, where he led the Computing department’s first industrial application of deep learning. Alex has also been named by Forbes in its Europe 30 Under 30 for Technology and by the FT as one of the UK’s top 100 entrepreneurs.

U.S. bank stocks are headed for their worst losing streak in a year, burning investors who bought shares on expectations that the Federal Reserve raising rates for the first time since 2018 would boost the sector.

Brian Strom is the co-founder and CTO of Elevate, a next-generation consumer-directed benefits platform that offers modern, API-driven tax-advantaged benefits experiences (think HSAs, FSAs, HRAs, commuter benefits, and more).

Venture capitalists agree in spirit with an idea floated by the Securities and Exchange Commission that large private companies should divulge more about their finances. But they warn financial services innovation could be stifled if the requirements are too stringent.

Pauline Sobelman is Senior Vice President, Benefits Consulting at GCG Financial, an Alera Group Company, a leading provider of exceptional employee benefits, risk management and wealth management solutions. To reach the author please email pauline.sobelman@gcgfinancial.com or for more information visit www.gcgfinancial.com. 

Europe is imposing new requirements on how banks report environmental risks and carbon targets, to give investors a better picture of the threats that climate change poses to the industry.

Tesla countersued JPMorgan Chase over a suit the bank filed last year seeking a $162 million payment related to a series of stock warrant transactions.

Switching from a horizontal layout — a relic of embossed account numbers — is an attempt by issuers like HSBC, Starling Bank and Bank of America to address accessibility challenges faced by customers with dementia, visual impairments and other conditions.