Payment Terms

Insurance companies roll out products targeting young Koreans

Insurance companies, usually some of the more conservative financial firms, are rolling out subscription services and setting reasonable payment terms to meet the needs of young Koreans with the aim of securing their future customers. Hanwha Life Insurance announced Thursday that it has launched three subscription insurance products. Unlike other insurance products that only distribute […]

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Lender behind Ash Street, Civic Center Plaza Leases Not Satisfied with City Attorney’s Plan to Rescind Contracts

The fallout from San Diego’s problematic capital lease for Sempra Energy’s former headquarters at 101 Ash St. continues to spread. The lender that has financially backed Cisterra Development, the middleman that leased the 19-story skyscraper to the city of San Diego on behalf of its former owners, announced late last week that it would do […]

Payment Terms

Austrac wants to change digital platform’s payment features to prevent terrorist abuse

The Australian Transaction Reports and Analysis Center (Austrac), alongside the Home Office, has recommended a change in the way payment features on digital platforms are used, as it hopes to prevent their misuse by terrorists and violent extremist figures. In a submission [PDF] to the Senate Special Committee on Australia as a Technology and Financial […]