Kevin, Traity’s new chatbot, provides micro-insurance for P2P transactions online. Created in collaboration with Australia’s financial services conglomerate, Suncorp, Kevin protects buyers on online marketplaces such as Gumtree, Facebook and Craigslist.
You can read about fintech accelerators quickly with our latest round-up. Featuring RBS, BNP Paribas, Ben Franklin Technology Partners and the info on how to apply. Scotland has got its “first” fintech accelerator with the launch set for May. The new hub will be based in Royal Bank of Scotland’s (RBS) Entrepreneurial Spark business centre […]
There are many reasons to be excited about insurtech in 2017!
Citi’s global perspectives and solutions team has issued a 100-page report on digital disruption in the fintech industry. It has analysed venture capital (VC) investments in the fintech industry between 2010 and 2016, as well as the emerging technologies across the globe.
Philippines-based Ayannah, a provider of financial services to migrants and the unbanked, was the overall start-up winner in the Next Money Fintech Finals 2017 in Hong Kong.
Stockholm Fintech Hub – an independent not-for-profit innovation hub – will open its doors in Q1 2017. Its aim is to promote and accelerate the development of fintech, insurtech and regtech start-ups.
There has been a tremendous amount of excitement and discussion about the potential of blockchain technology to transform the financial services industry and beyond. But the only thing that is clear at the moment is that there is still a lot of work to be done to implement wide scale use cases, clear up any regulatory uncertainly or barriers and educate institutions and employees about the technology and its potential.
Finland-based Aurora Exchange, a consumer loans exchange, has teamed with two firms for its P2P lending platform launch. Maiden Life, based in Sweden, brings its payment protection insurance to cover “all loans” against borrower’s death, permanent and temporary disability with lenders as beneficiaries. Mangopay will act as Aurora Exchange’s custodian and payments technology provider. Mangopay […]
UniCredit Bank, MasterCard and platform provider GoSwiff have launched mobile payments for Allianz-Tiriac Asigurari insurance agents in Romania. The partnership will enable Allianz-Tiriac agents to start accepting card payments with mobile point of sale (mPOS) for the insurance policies issued by the company. The firms say Allianz-Tiriac becomes the “first insurance company in Romania” to […]
Kenya-based Family Bank is implementing a new insurance platform, based on JMR Infotech’s Avenir offering. Avenir – an integrated bancassurance portal – will support Family Bank’s fresh entry into the insurance business. Just a couple of months back, the bank unveiled a new subsidiary, Family Bank Insurance Agency, to target “the lucrative but highly under-served […]
