Category : Fintech

Wirecard Forms Strategic Partnership With UnionPay

Wirecard, a global financial technology company, has signed a Memorandum of Understanding with UnionPay, the world’s largest card scheme, to form a global strategic partnership.

How to Blockchain the Hunger Games

By Mihai Ivascu, CEO of Modex “Do you know how many Marshall Plans have been allocated to Africa?” – our history teacher asked my class one day. Most of us said none, as we were aware the teacher was fond of trick questions. The right answer was too...

Lloyds Banking Group Adds New App Features to Help Customers Connect With Their Cash

Lloyds Banking Group has unveiled new features within its mobile banking apps to help customers manage their finances. Lloyds Bank, Halifax and Bank of Scotland customers can now share confirmation of payments made to friends or family through WhatsA...

Greylock's Sarah Guo On The Technologies That Will Enable Digital Transformation

Sarah Guo is an enterprise technology investor and general partner at Greylock Partners. In this interview, she provides thoughts on the future of FinTech, robotic process automation, machine learning, and cybersecurity, among other areas in which sh...

P&C focused InsurTech service provider, Combined Ratio Solutions launches

A new InsurTech service provider focused on the property and casualty (P&C) industry has been launched by industry veterans Luke Magnan and Michael Jones, called Combined Ratio Solutions. Based in Hartford, Connecticut, Combined Ratio, an InsurTe...

Culture and Startups in the Land of the Rising Sun

By Ghela Boskovich I live in Startup Land – no, not a physical place like Silicon Valley or Shoreditch (although my office is in Shoreditch, I certainly don’t live there). Startup Land is more of an industry, a conceptual spot, kind of like ‘online’...

Mario Vitale appointed President of cyber analytics InsurTech, Arceo.ai

Provider of risk analytics for the cyber insurance and reinsurance market, Arceo.ai, has named Mario Vitale as its President, effective September 3rd, 2019. As President of Arceo, which is a newly created position, Vitale will bring his extensive ins...

Mastercard Launches A New B2B Effort To Displace Checks

Checks have remained remarkably resilient in U.S. business payments. Will Mastercard's combination of a business directory and the ability to transmit invoice information with the payment, move more firms from paper to digital?

Fintech Firms Prepare: EU Increases Regulation to Tackle Financial Crime

LexisNexis® Risk Solutions, the global analytics provider, today recognises that many firms will struggle to implement the new requirements of the upcoming 5th Anti-Money Laundering Directive (5MLD) coming into force on 10th January 2020. Prompted b...

Blog: The future of commercial broking

Sharon Bishop, Close Brothers Premium Finance CEO, explores the findings of the CBPF/Insurance Age Survey for commercial brokers.

Minimum Security Protocols That All Small Businesses Should Be Following

Small businesses and at-home enterprises are flooding the commercial markets more every year. New business owners, who are responsible for every aspect of forming their new company, can fall short when it comes to IT security. In many cases, running...

European Financial Institutions Lag Chinese and U.S. Competitors

A recently published report stressed that European financial institutions need to rethink their strategies or risk further widening the gap with competitors in the U.S. and China, especially as London’s global clout shrinks from an expected Brexit.

Insurtech data provider NeuralMetrics announces launch

NeuralMetrics, an insurtech data provider that uses natural language processing (NLP) technologies to power a real-time data engine for commercial lines general and P&C re/insurers, has announced its official launch. The company is headquartered...

Wealthy Millennials are Frustrated with Traditional Private Banks and Instead Looking to Use Fintechs

A global customer journey study on the banking behaviour of people born between 1981 and 1996 – the millennial generation – shows that private banks aren’t doing enough to attract this lucrative customer base. The study revealed several key success f...

The Warning Signs Ahead For Chime

Chime, the San Francisco-based challenger bank, just surpassed five million FDIC-insured bank accounts in only about five years in operations. The first 5 million are always the easiest. The neobank is looking at some challenges ahead.