FinTechs are failing to address the needs of ‘silver surfers’, new study finds
One in four adults aged over 50 encountered issues when accessing digital financial services during lockdown, highlighting the need for FinTechs to address the needs of older users, according to new research.
The role of Machine Learning explainability in insurance
In the dynamic realm of insurance, a silent revolution is underway, orchestrated not by charismatic CEOs or flamboyant disruptors but by the enigmatic force of machine learning (ML). These complex algorithms have become insurance industry oracles, predicting claims and determining premiums with uncanny accuracy.
Telleroo becomes Tribe Payments’ first Bankbox customer
Tribe Payments, the PayTech startup, has unveiled the first client using its new API-led banking solution.
Mortgage intermediaries platform Acre bags £6.5m
Acre, a mortgage intermediaries platform, has secured £6.5m in funding to grow its tech platform and change the home buying process.
New CyberTech launches out of stealth
Island is a new cybersecurity platform that launched from stealth with $100m in funding.
Irish Insurance firms team to unveil new InsurTech hub
A new InsurTech hub has opened in Ireland after 12 key players in the native insurance market collaborated to make it a reality.
Elevate Teams joins HawkSoft’s Solution Partner program
HawkSoft and Elevate Teams have joined forces in a new partnership aimed at enhancing support for independent insurance agencies.
PayU buys controlling stake in FinTech PaySense at a $185m valuation
Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...
Bank of England begins building out its CBDC team
The Bank of England (BofE) has begun hiring workers to develop its digital currency, according to FinTech publication PYMNTS.
Wormhole hack causes around $320m in stolen cryptocurrency
Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.