Lemonade throws down glove against InsurTech startup Luko as it launches in France
Having secured a $4bn valuation on the back of a successful IPO this summer, Lemonade is now expanding its hold over the European market by launching in France, taking on local startup Luko in the process.
NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.
InsurTech unicorn Next Insurance acquires Juniper Labs to improve customer experiences
InsurTech unicorn Next Insurance has acquired alternative open data and underwriting technology developer Juniper Labs.
The EBA calls for more long-term approaches in banks
The European Banking Authority (EBA) has called on banks to consider long-term horizons in their strategies and business activities after pressures on short-term goals.
Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain
US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.
IAIS urges ISSB to maintain its climate-first approach
The International Association of Insurance Supervisors (IAIS) has emphasised the importance of continuing a climate-centric approach.
Quantexa, KPMG partner to uncover hidden risks in finance
Data and analytics software company Quantexa has formed a deal with KPMG in the UK, which will see it deploy its technology to help the auditing giant with combating international financial crime.
ECB head Lagarde targeted in hacking attempt
President of the European Central Bank Christine Lagarde was recently targeted in a hacking attempt, however no information was compromised.
Asset manager Legal & General partners with Raisin in “Major Deal”
UK-based savings platform Raisin has formed a new partnership with Legal & General.
UK challenger bank OakNorth partners with SME-focused lender OIMIO
Dutch commercial real estate lender OIMIO has launched through a collaboration with UK-based challenger bank OakNorth.
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