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FINANCIAL SERVICES

Mortgages Photo: Shutterstock Gov't bill opens way to greater competition on mortgages

Non-bank credit companies will be able to issue bonds to finance housing loans.

Fintech Photo: Shutterstock Thoma Bravo invests $85m in Israeli fintech co Personetics

The Tel Aviv company's AI financial-data-driven personalization solutions for banks and financial services providers, enables them to target the needs of individual customers.

Shlomo Eliahu  credit: Tamar Matsafi Hanan Melcer to replace Shlomo Eliahu as Migdal chair

Melcer retired as a Supreme Court judge last year. Eliahu, 86, holds 64% of Migdal Insurance and Financial Holdings.

Bank Leumi Photo: Eyal Izhar Leumi overtakes NICE as Israel's most valuable company

Israel's booming economy and rising bank profits have pushed Bank Leumi's market cap past tech company NICE Systems.

Lemonade IPO  credit: Company Facebook page What happened to the insurtech revolution?

High-tech companies like Israel-based Lemonade stormed Wall Street promising to reinvent the staid insurance industry, but their plummeting share prices tell a tale of disappointment.

Cyberattack  credit: Shutterstock Cybersecurity is only half the battle

Vulnerable Israeli companies need to take cyber insurance seriously. Fortunately, Israeli innovation is at work on that too.

Moshe Hogeg  credit: Jonathan Bloom How crypto fell from grace

A technology meant to generate trust has become fertile ground for the oldest con in the book.

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