Advanced Fraud Solutions becomes a preferred partner of Nacha
Advanced Fraud Solutions, a real-time anti-fraud solution developer, has been recognised as a preferred partner of Nacha, which governs the ACH Network.
Cryptobank Coinhouse bags €15m Series B
Coinhouse has closed a $15m Series B round as the company becomes Europe’s first ever cryptobank.
FBI unveils plan to shift cybercrime approach away from arrest-first
The FBI has revealed it is intending to move away from its indictment and arrest-first model to a cost-imposing and incident response model.
Payment Systems Regulator fines five companies in prepaid card cartel
The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.
Is Request to Pay a new challenger to established payment methods?
A survey by Icon Solutions has found the Request to Pay payment method is expected to challenge current payment methods such as direct debit and payment cards in the near future.
WTW and Tempcover team up for usage-based insurance
Willis Towers Watson (WTW) global advisory, broking and solutions company, has partnered with InsurTech Tempcover to deliver a usage-based automotive insurance solution for the digital generation.
UK lawmakers underline key stability and privacy risks of CBDCs
A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.
3 trends driving digital transformation in insurance in 2022
As the world settles into 2022, cloud-based InsurTech Novidea has outlined the three major trends it expects to drive digital transformation this year.
Blockchain security firm Redefine claims $11m seed
Israeli blockchain security startup Redefine has scored $11m in seed funding capital.
Blockchain-based insurance to save $10bn in claims admin
Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.