Company Statements
Cards & Payments
Amazons New Plan to Connect Mobile Payments, Biometrics Sparks Wariness at KBW
The βBack to the Futureβ series of films gave us several exciting glimpses of what was at the time future technology. While some of it never quite got off the groundβlike hoverboardsβsome of it became a very real proposition....
Banking
Desjardins signs multi-year contract with AI fintech Exagens
Desjardins Group, the largest federation of credit unions in North America, has furthered its partnership with Montreal-based behavioral banking start-up Exagens by signing a βmulti-yearβ contract to use its technology for its banking assistant.
The multi-year contract will see the...
Banking
Opera acquires European banking-as-a-service company Pocosys
Pocosys provides modern banking technologies to fintech companies, and has previously licensed its financial software to companies in Japan, Ghana and the UK
Opera, one of the worldβs leading browser providers is bringing new offerings across content, classifieds and fintech...
Company Statements
Malaysia motor insurance market expected to grow as providers take control of pricing
The Malaysia motor insurance market has been undergoing a process of liberalisation since 2016, growing in net earned premium value year-on-year ever since. The Malaysia motor insurance market is expected to grow to a value of $2.4bn in 2023...
Company Statements
Co-operators signs longevity insurance deal with CSS Pension Plan
Under the new longevity insurance deal, CSS Pension Plan will transfer longevity risk for CAD660m ($501.49m) of pension plan liabilities to Co-operators
The Co-operators, a Canadian insurance company, has signed a new longevity insurance deal with the Co-operative Superannuation Society...
Company Statements
Luko and Shift Technology Apply Artificial Intelligence to the Fight Against Fraud
Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry announced its fraud detection technology has been selected by digital native neo-insurance company Luko.
Since its launch in May 2018, Luko has been...
Banking
Open Banking Expo donates Β£1,180 to Open Banking for Good cause
Open Banking Expo has donated a percentage of its ticket sales from its London event to The Money Charity. The event organisers entered a partnership with Nationwideβs Open Banking for Good challenge and The Money Charity in 2019 to...
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