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Coalition launches cyber insurance offering for large enterprises in Canada

Coalition, the world's first Active Insurance provider designed to prevent digital risk before it strikes announced the expansion of its cyber insurance offering to large enterprise businesses in Canada with revenues of up to CAD 5 billion, except in...

Coalition launches cyber insurance offering for large enterprises in Canada

Coalition, the world’s first active insurance provider, has announced the expansion of its cyber insurance offering to large enterprise businesses in Canada, excluding the province of Quebec. This expansion caters to businesses with revenues of up to CAD 5bn, aiming...

London-based InsurTech Eleos raises $4m to propel US expansion plans

London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market. The seed funding round garnered support from Fuel Ventures and Indico Capital but also saw continued backing from...

GXBank and Zurich Malaysia partner to launch digital insurance

GXBank Berhad, Malaysia’s first digital bank, has announced a strategic 10-year bancassurance partnership with Zurich General Insurance Malaysia Berhad and Zurich Life Insurance Malaysia Berhad. This exclusive agreement seeks to revolutionize the insurance landscape by offering micro-protection products tailored...

Philippines approves new cryptocurrency to make it easier to send remittances

The Philippine central bank has approved the PHPC, a stablecoin pegged to the Philippine peso to reduce its volatility. The coins.ph platform aims to reach 20,000 to 30,000 users within a month. About 10 million Filipinos live abroad, eager...

Zeta launches Digital Credit as a Service for banks in India

Zeta, a provider of next-gen banking technology to financial institutions globally, has announced the launch of its Digital Credit as a Service offering at its Democratizing Credit 2024. Zeta’s offering is underpinned by NPCI’s Credit Line on UPI scheme, which...

Mastercard JV switches first domestic transaction in China

Mastercard NetsUnion Information Technology  Co., Ltd  began processing payments made in China with Mastercard cards issued by the country’s banks. In addition, the joint venture confirmed that Mastercard-branded cards will now be accepted for both domestic and international purchases. “This...

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