Company News

Medius, a provider of accounts payable (AP) automation solutions, has acquired OnPay Solutions, an invoice payments provider, for an undisclosed sum.

Insurity, a provider of cloud-based software for insurance carriers, brokers and MGAs, is to launch a solution for property & casualty (P&C) carriers in the global cargo market.

The Competition and Markets Authority (CMA) has published its recommendations for the future oversight and governance of the open banking sector in the UK.

A major digital cash heist has led to cryptocurrency valued at over $600m being stolen from a digital ledger used by players of the Axie Infinity online game.

Gradient AI, a software provider of artificial intelligence (AI) solutions in the insurance industry, has partnered with Socotra, a provider of a cloud-native platform for insurers.

Cloaked, a company looking to support data privacy on platforms, has secured $25m in early-stage funding.

The White House has put forward a $10.9bn budget for cybersecurity for the fiscal year of 2023 in its budget for the upcoming year.

Private equity firm Liberty Strategic Capital will snap up mobile security firm Zimperium in a deal being valued at roughly $525m.

Since the onset of the Covid-19 pandemic, there has been a huge increase in the amount of cross-border payment and ecommerce sales taking place.

RegTech firm Know Your Customer has partnered with business expansion specialist Tricor to simplify and digitise Tricor’s onboarding and AML processes across Asia.