AXA unveils digital-only motor insurance platform
AXA has launched Moja, a digital-only insurance brand for motor insurance customers which aims to “shake up the insurance market.â€
ABAX enters motor insurance market
Telematics company ABAX has picked Greater Than as its partner to enter the motor insurance market.
Dutch central bank reportedly fines Binance ?3m
The Dutch central bank has reportedly fined crypto exchange Binance ?3m for offering services without proper registration.
Finance provider Bloom secures ?300m Series A investment
Bloom, a company that specialises in providing capital to growth firms that operate predominantly online, has raised ?300m in Series A funding.
Is the metaverse the next frontier for banks?
Ever since Meta, formerly Facebook, gave that presentation on its move to the metaverse, the virtual world has become more of a reality.
Cost of fraud for US, Canadian banks increases up to 10%
The cost of fraud in the US has increased by between 6.7% and 9.9% compared with before the pandemic, LexisNexis Risk Solutions report claims.
Meta consolidates financial services under Novi brand
As part of Facebook’s rebrand to Meta, it has also changed the name of its FinTech services from Facebook Financial to Novi.
Currencycloud appoints CTO and COO to continue rapid growth
Cross-border payments company Currencycloud has bolstered its senior team with the appointment of a new chief operations officer and chief technology officer.
HKMA underlines next steps in Open API Framework introduction
The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.
Stripe and Max Levchin back Balance’s $5.5m seed raise
B2B payments FinTech Balance has secured $5.5m in seed capital from Stripe, Tal Morgenstern of Lightspeed, and Max Levchin through his SciFi VC.
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