Gift City, India InsurTech link to boost FinTech in insurance sector
Indian international financial services centre Gift City and the India InsurTech Association (IIA) have partnered to strengthen FinTech use in the InsurTech market.
Novidea eyes expanded InsurTech footprint by joining ACORD program
Cloud-based InsurTech Novidea has revealed it has joined the ACORD Solutions Group (ASG) Licensed Integrator Partner program to expand its global presence in the market.
Paysafe fortifies payments footprint with PagoEfectivo acquisition
UK specialised payments platform Paysafe has entered an agreement to purchase alternative payments platform PagoEfectivo for an undisclosed fee.
Employee InsurTech Onsurity bags $16m in Series A raise
Indian employee benefits platform Onsurity has raised $16m from a Series A funding round led by Quona Capital and Nexus Venture Partners.
Coinbase set to purchase currency overview solution Zabo
American cryptocurrency exchange firm Coinbase has revealed it is preparing to acquire digital currency overview tool Zabo for an undisclosed fee.
BIS paper outlines Big Tech regulation challenges in financial services
The Bank for International Settlements (BIS) has published a paper underlining the challenges caused by rapid Big Tech growth in the financial services sector.
Direct Line’s CTO reveals the evolution of insurance
The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.
City of London struggling to entice financial workers back to the office
The CEO of insurance and investment specialist Legal & General has said the City is struggling more than other UK regions to bring workers back to their offices.
AXA unveils new digital claims offering for motor insurance customers
Insurance giant AXA has introduced STeP, a new digital claims solution to help customers simplify their motor insurance process.
FinTechs can make £1m more in revenue from outsourcing, Moorwand report finds
A report by payments solution provider Moorwand has detailed that FinTechs who outsource to partners can generate almost £1m in additional revenue.
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