Insurer for the “digital age” At-Bay acquires licensed P&C carrier
At-Bay, which stylises itself as the insurance provider for the digital age, has acquired At-Bay Specialty Insurance Company, an excess and surplus (E&S) lines property and casualty insurer.
Digital injection attacks 5-times more common than presentation attacks
Digital injection attacks, where criminals bypass video biometrics with synthetic imagery, are now five times more common than presentation attacks, i.e. wearing a mask or showing a photo.
PreIPO to participate in $250m raise for SPiCE II
PreIPO, a provider of financial technology solutions, has entered a strategic funding alliance with SPiCE VC to enable the former to expand its tech.
Clausematch continues expansion with launch of Portugal office
Global RegTech Clausematch has expanded into Southern Europe with the launch of an office in Portugal.
Home insurer Hippo launches specialised product for homes under construction
Hippo, a home insurance group focused on proactive home protection, has expanded its channel with the launch of the Hippo Builder Insurance Agency (HBIA).
UK government invests £18.9m in Northern Ireland’s cyber industry
The UK government has announced an £18.9m investment in Northern Ireland’s cybersecurity industry.
Klarna reports $1bn annual loss
Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.
Bank of Canada believes offline CBDC could boost financial inclusion
The Bank of Canada believes an offline Central Bank Digital Currency (CBDC) would help to boost financial inclusion.
Web3 firm Cubist lands $7m in seed raise
Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
Zemen Bank links with Netcetera
Zemen Bank has partnered with Netcetera to offer simple online payments to its customers while maintaining payment security.