Hippo to expand underwriting ability with two new InsurTech partnerships
US InsurTech Hippo has doubled its underwriting capacity after it entered an issuer carrier relationship with Ally Financial subsidiary and a partnership with Motors Insurance Corporation.
San Francisco VC firm eyes Lithuanian FinTech investment
Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.
Green Dot appoints new CTO to drive technological revolution
Green Dot Corporation has announced the appointment of a new Chief Technology Officer amidst its push to become a more streamlined and efficient company.
Hellas Direct snares €32m in EBRD-backed funding round
Greek insurance firm Hellas Direct has raised $32m in funding round supported by the European Bank for Reconstruction and Development (EBRD).
MYPINPAD enters Australian market with AusPayNet certification
Payment solutions provider MYPINPAD has expanded its presence into Australia after it received certification from the Australian Payments Network (AusPayNet).
US introduces first cyber czar to bolster government response to cybercrime
The United States Senate has confirmed Chris Inglis as the first ever cyber czar for the US government.
IBM launches new sustainability initiatives for global climate action
In response to the growing challenges facing vulnerable communities worldwide, IBM has reinforced its dedication to climate action.
Cyber firm Claroty rakes in $140m from Series D, unicorn status uncertain
US industrial cybersecurity company Claroty has raised $140m from a Series D funding round co-led by Bessemer Venture Partners’ Century II fund and 40 North Ventures.
Report finds branch-based banking may become obsolete within five years
A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.
MoneyGram announces new CPO to head up strategic growth
MoneyGram International, a prominent global financial technology company known for connecting communities worldwide, has announced the appointment of Jillian Slagter as Chief People Officer (CPO).