UK lawmakers underline key stability and privacy risks of CBDCs
A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.
Payflow becomes most funded on-demand salary solution in EU
Financial wellbeing platform Payflow has secured €8m in financing to support its growth in Spain and other international markets.
French-FinTech Spendesk bags extends Series C
Spendesk, which styles itself as a seven-in-one spend management solution for SMBs, has collected €100m in an extension to its Series C round.
3 trends driving digital transformation in insurance in 2022
As the world settles into 2022, cloud-based InsurTech Novidea has outlined the three major trends it expects to drive digital transformation this year.
Blockchain security firm Redefine claims $11m seed
Israeli blockchain security startup Redefine has scored $11m in seed funding capital.
Blockchain-based insurance to save $10bn in claims admin
Blockchain-based insurance will transform claims administration and save $10bn in costs globally by 2024, up from $1.1bn in 2021, according to a report from Juniper Research.
FinTech Farm herds $7.4m in seed funding raise
London-based firm FinTech Farm has secured $7.4m from a seed funding round co-led by Flyer One Ventures and Solid.
Amazon backtracks Visa ban
Amazon has shelved its plans to stop accepting Visa credit cards and is instead working on a “potential solution” to allow customers to continue using them.
Insurely and Avanza team up for Swedish pensions
Sweden-based InsurTech Insurely is partnering with Avanza Bank to offer better pension products, a report by InsurTech Digital has revealed.
Two years on: how the pandemic has changed the RegTech sector
When Covid-19 swept the world at the start of 2020, no one had any idea how much the pandemic would change the way we live and work. As in-person restrictions continue to fester two years on, how has the opportunities provided the pandemic impacted the RegTech industry?