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Why the insurance giants want credit card cos

With profits on traditional insurance business under pressure, the insurance companies see credit as an increasingly important part of their armories.

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Arizona
United-states
Israel
Ukraine
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Israeli tech co Cyren reaches the end of the road

Cyren (formerly Commtouch) was once worth over $1 billion. It is now laying off its entire workforce.

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Iraq
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Smotrich decides: Discount Bank must divest from CAL

Minister of Finance Bezalel Smotrich has accepted the recommendation of a special committee to separate the credit card company from the bank.

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Some win, some lose from Harel buying Isracard

Isracard shareholders stand to gain a 30% premium, while Alfred Akirov’s case against Clal acquiring Max is weakened.

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Abu-dhabi
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Bank of Israel supports separation of credit card company Visa Cal

Contrary to Bank Discount's position, the Bank of Israel supports its separation from credit card company Visa Cal.

Phoenix
Arizona
United-states
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Oded-slomi
Yair-avidan
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