South Korea’s economy grows faster than expected in third quarter

Jack Dorsey, CEO of Block, formerly Square. David Paul Morris/Bloomberg Processing Content Key insight: Block allegedly falsely advertised “advanced fraud detection” and secure account protocols when predatory scams were permitted to proliferate. What’s at stake: Block has paid several multimillion-dollar settlements to federal and state authorities for failing to provide any live customer service agents…

Mastercard is putting a payment card in the hands of AI agents. Through a collaboration with Alchemy, the company is developing AgentCard, which will let AI bots make purchases using tokenized Mastercard credentials linked to a consumer’s existing account. As the Wall Street Journal first reported, Alchemy’s AgentCard will support Mastercard payment credentials through an…

Tracking AMG's Yacktman Asset Management Portfolio – Q2 2026 Update

New Delhi: AI-powered Indian travel platform ixigo reported a net profit of 63.42 crore for the July-September quarter. Revenue from operations went up 13% year on year to 320.96 crore.The hotels business has hit a ‘critical mass’ for ixigo. “GBV from hotels crossed 100 crores, a 159% year-on-year growth. Revenue grew more than 500% (over…

Liquidity relief today, balance-sheet strain tomorrow: The very structures that make private credit nimble—PIK loans—could also mask risk until it’s too late. When GoHealth Inc. filed for Chapter 11 bankruptcy protection on June 7, the writing had been on the wall for two years. The Chicago-based health insurance marketplace had inked a payment-in-kind (PIK) deal…

The Risk Asia Awards are judged by Risk.net’s Asia editorial team, by weighing a number of factors, including risk management, creativity and innovation, liquidity provision, quality of service and engagement with regulatory issues. The first set of winner profiles for the Risk Asia Awards 2026 can be found below, with the remaining winner articles set…