Ford teams up with Wejo to leverage connected vehicle data
Wejo Group Limited, a provider of cloud and software solutions for connected, electric and autonomous vehicle data, has teamed up with Ford Motor Company in Europe to leverage connected vehicle data in insurance.
Lemonade to postpone IPO after seeing WeWork’s failed attempt
Online insurance company Lemonade has reportedly delayed its initial public offering (IPO) after seeing the problems WeWork suffered after its own.
Ethos enhances Indian market presence with new leadership appointment
Ethos, the leading online life insurance provider has recently appointed Vijay Ratnam as its India Managing Director, as the firm looks to expand its presence in the nation.
Coupay collects £200,000 to help SMEs get payment faster via its open banking platform
UK-based Coupay secured £200,000 pre-seed funding from SFC Capital and angels including serial entrepreneur Will Wynne of Smart Pension, Arena Flowers and Trulience in a bid to help small businesses get from sales to cash faster.
InsurTech Vertafore in MGA Systems take-over
North American insurance technology provider Vertafore has acquired MGA Systems, a provider of purpose-built software for MGAs.
Robots are replacing the 18,000 staff members Deutsche Bank has sacked
Deutsche Bank has so far replaced 680,000 hours of manual work through automation after announcing a massive restructuring effort earlier this year.
EU watchdog calls for enhanced privacy in digital Euro rollout
The EU's data protection watchdog has emphasised the importance of bolstering privacy features in the legislation for the digital euro.
Telr launches BNPL platform following tabby partnership
Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.
Embedded finance solutions used by three in five UK adults, study finds
A study by composable banking platform Temenos has found that three in five – 60% - of UK adults use embedded finance services when shopping online.
Credit and debit card details exposed in potential Church’s Chicken hack attack
A hack attack may have exposed payment information about fast-food franchise Church’s Chicken’s customers.