Industry News

Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.

Twig, a firm based on circular economy principles, has snapped teen banking services provider Vybe Technolgy for an undisclosed fee.

Talk of artificial intelligence was once an exciting prospect. The idea of bringing a hallmark of sci-fi fantasies into the real world sparked a lot of enthusiasm. While systems might not quite be on the same level as HAL from 2001: A Space Odyssey, the technology has brought a lot of changes to how businesses operate.

InsurTech Blink Parametric protected over 60,000 Canadian and US travellers over the holiday period, which saw severe travel disruption as a result of weather conditions.

Evertree Insurance, an omni-channel personal lines insurance distribution platform, has acquired Gnade Insurance Group.

A recent whitepaper by cybersecurity firm Yobah has explored the importance of cybersecurity and threats for financial services firms.

The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.

Allianz Partners USA, a provider of travel protection and consumer specialty insurance, has partnered with Running USA to support the growth of the running industry.

BMS Group, an independent specialty insurance and reinsurance broker, has secured an investment from Eurazeo which sees the business valued at £1.75bn.

Twenty7tec has acquired Broker Sense, a mortgage affordability platform, for an undisclosed amount.