The Bank of England picks AutoRek to automate reconciliation
The Bank of England has chosen RegTech solution AutoRek to help automate their reconciliation process and boost efficiencies.
Tesla insurance sets foot in New Jersey
Tesla has filed an auto insurance programme in New Jersey, as it rolls out its expansion across the US.
Insurers are shifting focus to operational resilience, AutoRek says
Strategic priorities in the global insurance sector are shifting as firms increase their focus on operational resilience, according to new research from AutoRek.
Loot seals £2.2m in Series A round led by Portag3, Speedinvest
Digital current account company Loot has raised £2.2m in a series A funding round.
Just Insure looking to enter new US states after funding round
Pay-per-mile insurance technology developer Just insure has netted $8m in a funding round, which will help it move into additional US states.
FCA fines experienced trader for market abuse £100,000
An experienced trader at Fenician Capital Management has been slammed with a £100,000 fine and prohibited from working in any regulated activity after allegedly engaging in market abuse.
Majesco expands P&C solutions with strategic acquisition of DRC Business
Majesco, a global provider of cloud insurance software solutions, has recently announced its acquisition of the Decision Research Corporation (DRC) business.
Swedish e-commerce cryptocurrency company QuickBit’s profits jump by 60 per cent
QuickBit, a FinTech enabling e-commerce retailer get paid with cryptocurrencies, has got improved its quarterly profit by 60 per cent to £2.42m.
“Fear not: bunq is here” – FinTech founder throws shade at N26’s UK withdrawal
German challenger bank N26 is going to cancel its UK operations, blaming the Brexit regulatory uncertainty for the decision. Now, a Dutch competitor is...
Bricknode sees itself as the SpaceX of the financial industry
Sweden-based Bricknode, a cloud financial services software company, sees itself as the SpaceX of the financial industry.