Banks should collaborate to build a unified platform to ease replacement of legacy systems
If legacy systems are to become redundant, broader industry platforms need to be available to help the small and medium sized banks evolve, otherwise, they will struggle, according to a panel at the Global RegTech Summit.
Setoo to offer UK consumers improved travel insurance via Omio partnership
Personalised insurance platform Setoo will improve its travel insurance offering in the UK through new partnership with European booking platform Omio. The deal will let...
European Banking Authority releases report on FinTech’s impact on payment sector
The European Banking Authority (EBA) has released its thematic report on the impact of FinTech on payment institutions (PIs) and electronic money institutions (EMIs) business models.
Duck Creek and InsurPay team up to shake up insurance
Insurance software providers Duck Creek Technologies has partnered with InsurPay to expand its partner ecosystem.
Soldo closes its largest funding round to date on $61m
UK-based PayTech Soldo has raised $61m in its Series B investment round to close its biggest round since launch.
Sensibill total funding hits $61m after $42m Series B round
Canadian FinTech Sensibill has raised $42m for its series B funding round, led by Radical Ventures.
HomeZada wins InsurTech startup challenge from NAIC
Digital home management platform HomeZada has won the National Association of Insurance Commissioners (NAIC) InsurTech startup pitch competition.
Securities Commission Malaysia warns investors of backing ICOs and digital asset exchanges
The Securities Commission Malaysia (SC) has issued a caution to investors against backing unauthorised initial coin offerings (ICO) and digital asset exchanges (DAX).
No tested bank API is suitable for PSD2 requirements – Tink claims
None of the tested bank APIs released by the 14 June deadline have met quality requirements of PSD2, according to new analysis by Tink.
Germany’s Friday launches home contents insurance offering
German digital Insurer Friday has expanded its offering to include home contents insurance.
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