Is Tesla auto insurance Musk’s new frontier for disruption?
The roll-out of Tesla’s data insurance product is well underway in the US, promising its safe-driving customers up to 60% off their premiums, and freedom from being judged by conventional underwriting factors such as age and gender. But what will the impact on the rest of the market be? And will the venture last?
How can retail banks win in the battleground with BigTech companies?
BigTech companies have changed customer expectations forever. With customer experiences at the forefront of their operations, consumers now seek the same level of simplicity and personalisation everywhere. Financial institutions have a tough road ahead to match these services, but they can learn from BigTech companies.
Why a strategic approach to data integration is key for mergers & acquisitions in...
Establishing a strategic approach to data integration is key to tackling the steady rise of M&A in insurance as well as accelerating the company's digital transformation journey, Quantexa says.
FinTech community welcomes UK FinTech review but fear more must be done
The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.
How Covid-19 changed banks’ onboarding processes
Many banks had already started to introduce digital onboarding solutions before the coronavirus swept over the world. Following the pandemic, these efforts have gone into overdrive.
Traditional security awareness is not enough to battle online cybersecurity threats
The world is focused on battling online threats with new technology. However, good defence requires not only teaching employees to be more aware of their online behaviours, “but actually driving them to change their online behaviours to be more secure,” according to Mike Butler, co-founder and CTO of Think Cyber Security.
How Santander is looking to fill the gap in robo advice
A lot of the current robo advisor offerings don’t actually give advice and instead provide consumers with guidance, according to Santander UK head of compliance Joel Viney in a research interview with FinTech Global.
Adopting technology does not require the loss of humans in insurance
Bringing in technology does not mean cutting down the number of jobs, instead, it frees humans to do what they do best, innovate, according to a panel at the Global InsurTech Summit.
Why are KYC solutions becoming so important?
Knowing who you are dealing with is increasingly becoming a major focus for financial firms.
Investment in the RegTech space has grown tremendously since 2014....
Why Brexit will continue to be a big challenge for financial services firms
Despite being more than three years in the making, the UK’s divorce from the EU is still a cause of great uncertainty for financial services firms.