Sompo to deploy Greater Than’s AI for greener driving
Japanese insurance provider Sompo Japan has teamed up with InsurTech Greater Than, a global provider of DriverDNA for real-time insurance and predictive risk insights, to develop a carbon neutrality service in the auto insurance industry.
ECB exec calls on regulators to curb crypto wild west
Executive board member of the European Central Bank Fabio Panetta has claimed global regulators need to quicken efforts to launch a framework to tackle the crypto wild west.
Wormhole hack causes around $320m in stolen cryptocurrency
Blockchain bridge Wormhole has confirmed that around $320m worth of cryptocurrency has been stolen following a hack earlier this week.
New York launches FinTech development centre
The Federal Reserve Bank of New York has launched an innovation centre aimed at boosting FinTech developments for the central bank community.
Auto InsurTech Loop inks $21m financing to expand into new US states
Auto insurance company Loop has raised $21m in a Series A funding round co-led by Founder Group and 01A.
How Bdeo’s rebrand has set it on its path to expansion
Bdeo, which builds visual intelligence for motor and home insurance firms, is currently going through big changes as it looks to reinforce its identity. As part of this effort, the Spanish InsurTech recently underwent a rebranding.
Paymynt Financial unveils new blockchain-based multicurrency smart card
Boston-based FinTech company Paymynt Financial said to launch MYNT PayCard, a multicurrency hardware wallet.
Capnovum is boosting compliance with AI
Capnovum solution slashes the time needed to keep up with regulations from weeks to minutes. The startup is now ambitiously accelerating the growth of its industry agnostic platform.
What does Klarna’s mega valuation mean for the Nordic FinTech industry?
Swedish payment and shopping unicorn Klarna has become Europe's most valuable FinTech, but what does that mean for the other FinTech ventures in the Nordics?
Three challenges facing European challenger banks when they go to the US
From regulatory loops to jump through to massive competition, European challenger banks have many obstacle to overcome if they want to expand across the pond.