Company News

As the FinTech sector continues to grow, so does the prevalence and cost of fraud. As such, security remains one of the biggest challenges the sector is facing today. eID outlines the role KYC in onboarding new customers has to play.

Deutsche Bank Wealth Management has selected software builder Finantix to help enhance its client onboarding and KYC processes.

Data security firm ALTR, a Florida-based startup specializing in blockchain-based security tools, has successfully raised $25m.

Small business lender iwoca has will offer its invoice payments product iwocaPay for free throughout the UK’s second national lockdown to support small businesses impacted by coronavirus.

Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.

Swiss Re has launched an insurance-linked investor advisory business with a specific focus on catastrophe bonds.

PropTech scaleup Tianjin Xiaowu Information Technology, which is also known as both Beike Zhaofang and Ke.com, has raised a massive $1.2bn capital injection from seven investors. The Series D round means it's valued at more than $10bn, making it a unicorn ten time over.

Smart Communications and Guidewire have celebrated surpassing 120 mutual customers, a testament to their successful partnership.

London-based FinTech Zilch has officially launched its new feature Snooze, giving users the ability to delay repayment on an instalment, or an entire payment plan by between four to seven days.

FullCircl, a leading identity verification platform, has unveiled its latest product tailored specifically for the gambling sector.