Company News

Insurance juggernaut AXA has suffered a cyberattack which saw it lose 3 TB of sensitive data from its Asian operations.

Amidst the popularity of buy now, pay later (BNPL) solutions, the Monetary Authority of Singapore (MAS) has raised growing concerns over consumers drowning in unseen debt.

Payments juggernaut PayPal has strengthened its partnership with Google Cloud to help it process transactional data at a larger scale.

US-based ecommerce platform Our Mayberry raised $1.2m through its convertible note seed round offering by reaching its 20% oversubscription limit led by unnamed investment groups from medical services and restaurant industries.

A report by Verizon has found that over 85% of data attacks in 2020 involved some form of human interaction.

Insurers must rethink their distribution models to offer a seamless experience and maximum value as the industry continues to overcome Covid-19’s impact on customer acquisition and retention, new study found.

US card issuing platform Marqueta has partnered with Swissquote to provide an app-based card program that offers banking and investing services in a single space.

German financial regulator BaFin has ordered challenger bank N26 Bank to implement appropriate controls and safeguards to prevent money laundering and terrorist financing.

UNIFY Financial Credit Union partnered with digital insurance agency platform Insuritas to launch insurance brokerage services for UNIFY’s retail and commercial members.

US enterprise security firm BluBracket has closed a $12m Series A round led by Evolution Equity Partners.