Company News

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.
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.

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.
Acre

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.
HawkSoft and Elevate Teams have joined forces in a new partnership aimed at enhancing support for independent insurance agencies.

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

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.

News Stories

Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

Lucinity, an AI software company focusing on financial crime operations, has entered into a strategic partnership with Knights Analytics, a leader in AI-driven data solutions.
Airwallex and GoCardless enhance direct debit services to foster global business growth

Airwallex and GoCardless enhance direct debit services to foster global business growth

Airwallex, recognised as a global payments and financial platform for modern businesses, has formed a strategic partnership with GoCardless, a leader in direct debit solutions.
Egypt's leading B2B platform Cartona raises $8.1m for market expansion

Egypt’s leading B2B platform Cartona raises $8.1m for market expansion

Cartona, Egypt's pioneering B2B platform, has announced a significant milestone in its journey to transform the traditional trade market in Egypt.
AppBrilliance revolutionises digital wallets with real-time payments integration

AppBrilliance revolutionises digital wallets with real-time payments integration

AppBrilliance is steering a significant shift in the US payments landscape with its advanced Money API platform, capitalizing on a recent rule change by The Clearing House.
EarnUp revolutionizes financial wellness with AI Advisor

EarnUp revolutionizes financial wellness with AI Advisor

EarnUp, a leader in financial wellness technology, has introduced AI Advisor, a groundbreaking product set to transform the way financial institutions interact with consumers.

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