Company News

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, 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.

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.
euro

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.

News Stories

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

Candriam launches ESG Market Neutral Fund targeting sustainability leaders

Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.

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