Company News

Carvana acquires Adesa in $2.2bn deal

Carvana, an online used car marketplace, is to acquire physical auction business Adesa from KAR Global for $2.2bn in cash, a report by Coverager has revealed.

A new platform called AFOX will tokenize media buying contracts

The Advertising Futures and Options Exchange (AFOX) platform has released new services which will enable media and advertising contracts to be tokenised.
LEI Worldwide has emerged as the leading force in the Irish Legal Entity Identifier (LEI) market for January 2024.

LEI Worldwide becomes leading Irish LEI provider

LEI Worldwide has emerged as the leading force in the Irish Legal Entity Identifier (LEI) market for January 2024.
vendor

Riding the rough economic waves: why vendor consolidation is important

In a time where the world is experiencing significant economic challenges, there is a growing importance of vendor consolidation.

Marqeta to serve as Uber’s card issuing partner

Uber has taken another step into the FinTech space by entering into a card-issuing partnership with Marqeta.

Cover Whale and dreyhev in pursuit of creating safer roads

Cover Whale Insurance Solutions is partnering with dreyhev to build a risk-based technology process to transform commercial auto insurance.

250 gigabytes of Brazilian banking user data exposed in new leak

A financial service provider’s unprotected server reportedly lead to 250 gigabytes of banking customers’ personal information has been leaked in a new breach.
KYND, a prominent provider of cyber risk management solutions, has announced a substantial investment to fuel its expansion and further development.

KYND secures new funding to advance cyber risk management

KYND, a prominent provider of cyber risk management solutions, has announced the completion of a substantial investment to fuel its expansion and further development.
OpenAI

OpenAI under the Japanese watchdog’s scrutiny over data collection

A Japanese privacy watchdog has issued a warning to OpenAI over the collection of sensitive data without individuals' permission.

FCA Bank teams up with Yolo to support digital insurance services

FCA Bank, a ban dedicated to motorists, has teamed up with InsurTech platform Yolo to launch a digital insurance products through a newly-launched dedicated online platform.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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