Majority of asset managers support tech, data investment to aid Covid-19 recovery
A survey by Temenos has found investment in technology and data infrastructure are the most vital priorities for asset managers as they look to deliver a post-pandemic recovery.
Pie Insurance secures regulatory approval to acquire Western Select
InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.
HSBC Qatar introduces mobile payments service in banking digitisation push
HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.
Sagicor launches digital engagement solution through Life.io partnership
Barbadian financial and insurance business Sagicor has launched a digital engagement platform through a partnership with customer engagement firm Life.io.
Munich Re, HCL collaborate to transform digital workplace offering
Global reinsurer Munich Re has teamed with technology firm HCL Technologies to develop a ‘next-generation’ digital workplace for Munich Re workers.
InsurTech market expected to generate over $158bn by 2030
A report published by Allied Market Research has detailed that the InsurTech market is expected to garner $158.99bn globally by 2030.
Drake-backed FinTech Aspiration set for IPO through SPAC merger
Sustainable FinTech platform Aspiration is set to go public through a $2.3bn merger with special purpose acquisition company InterPrivate III Financial Partners.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
MTN, Sanlam partner to expand insurance cover offering in Africa
South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.
HSBC Insurance enters agreement to buy AXA Singapore for $575m
HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.
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