Company News

The FBI has revealed it is intending to move away from its indictment and arrest-first model to a cost-imposing and incident response model.

The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.

A survey by Icon Solutions has found the Request to Pay payment method is expected to challenge current payment methods such as direct debit and payment cards in the near future.

Willis Towers Watson (WTW) global advisory, broking and solutions company, has partnered with InsurTech Tempcover to deliver a usage-based automotive insurance solution for the digital generation.

A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.

As the world settles into 2022, cloud-based InsurTech Novidea has outlined the three major trends it expects to drive digital transformation this year.

Israeli blockchain security startup Redefine has scored $11m in seed funding capital.

Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.

London-based firm FinTech Farm has secured $7.4m from a seed funding round co-led by Flyer One Ventures and Solid.

Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.