The Fed’s real-time payments system; Sen. Wyden wants answers from Amazon
The US Federal Reserve voted four-to-one in favour of building a real-time payments system.
Insurwave teams with Xceptor to automate marine insurance
Insurwave, a joint venture between EY and Guardtime, has partnered with Xceptor to support the digitalisation and automation of insurance.
Monzo discovers security flaw, asks some customers to change card numbers
Monzo, a UK-based challenger bank, has requested half a million of its customers change their card PIN, after identifying a security flaw.
Habito is keeping silent about its £5m investment from Augmentum Fintech
The UK online mortgage broker Habito has received a £5m money injection from Augmentum Fintech, the FinTech-focused venture capital firm.
IBM and other companies launch new blockchain network for supply management
International Business Machines (IBM) has revealed a new blockchain-based network to improve manual supply chain managment.
Starling Bank on track to reach £1b in deposits by year end
Challenger bank Starling is set to reach one million accounts and £1bn in deposits by the end of the year.
ComplyAdvantage expands its anti-money laundering and compliance offerings by opening New York office
RegTech company ComplyAdvantage has announced it is opening new offices in London and New York and is opening another one in Asia-Pacific later this year.
CompareAsiaGroup closes $20m Series B investment round led by Experian
Personal finance management platform CompareAsiaGroup has filled its coffers with a $20m capital injection courtesy of Experian, a credit reporting bureau.
InsurTech company Avantia updates its pricing model to use Bayesian optimization
Avantia, the technology-enabled insurer, is changing how it prices stuff. Instead of using the traditional so-called bucket tests, it will now swap it for Bayesian optimization.
Challenger bank bunq introduces new API marketplace
Dutch independent bank bunq has introduced an API marketplace for developers to demonstrate their apps by using the FinTech company’s open API.
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