Company News

While Revolut is still waiting to receive its US banking licence, the challenger bank has hired a 40-year industry veteran to lead its expansion stateside.

Mastercard has entered a deal to acquire Recorded Future from Insight Partners for $2.65bn, marking a enhancement to its cybersecurity capabilities.

In a world where passports are tickets to adventures, there often lurks an unspoken concern - healthcare on foreign shores. While every budding jet-setter has a horror story, Air Doctor has become the solution to these concerns, cementing itself as a must-have travel companion.

International legacy group Compre, has acquired Medical Insurance Company DAC (MIC), the Irish subsidiary of Covéa.

Texas-based Otto has raised $4.5m from a seed funding round led by venture capital firm Uncommon.

The UK Financial Conduct Authority has new powers over the UK largest banks and building societies to ensure cash withdrawal and deposit facilities are available to communities across the country.

NetCents Technology has revealed a new cryptocurrency credit card, which does not require users to have pre-loaded cryptocurrencies on the card.

Nomura has disclosed its equity investment in Prismic Life Reinsurance, a Bermuda-based life and annuity reinsurance platform.

With a huge chunk of the global workforce now working through a remote or hybrid working model, new challenges are arising for firms to maintain effective supervision.

Credit card payment company Plastiq has attracted $75m in fresh capital to grow its team, develop more solutions and help small businesses to pay their suppliers, which may be getting trickier during the coronavirus crisis.