Zurich to sell Russian business following calls to cut ties

Global insurer Zurich Insurance Group has agreed to sell its business in Russia to 11 members of the unit’s team following mounting pressure on financial institutions and insurers to cut ties with the region.

How can merchant payments firms navigate the European regulatory landscape?

With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.

41% of first-time investors in UK see crypto as most important asset

Two-fifths (41%) of first-time investors in the UK see cryptocurrencies as the most important asset to have, according to new research from BrokerChooser.

How to maintain effective supervision in a remote world

With a huge chunk of the global workforce now working through a remote or hybrid working model, new challenges are arising for firms to maintain effective supervision.

Payment platform Amaryllis lands Series B

Amaryllis Payment Solutions, which provides a payment facilitation platform, has raised $10m in Series B funding.

The Zebra and MediaAlpha extend partnership

MediaAlpha, a customer acquisition marketplace for the insurance industry, has extended its agreement with The Zebra, an insurance comparison site.

SEC charges BNY Mellon Investment Adviser for ESG deficiencies

The SEC has charged BNY Mellon Investment Adviser for misstatements and omissions on ESG considerations regarding investment decisions for certain mutual funds it managed.

Tencent backs FinTech Previse in $18m Series B

FinTech firm Previse has raised $18m in Series B financing round headed by global technology company Tencent.

Hippo’s First Connect to offer cyber insurance by Chubb

First Connect has partnered with Blink to offer personal cyber insurance to independent agents that participate in First Connect’s InsurTech marketplace platform.

Belong raises $80m to “put homes in the hands of regular people”

Belong, a California-based startup looking to empower residents to become homeowners, has raised $80m in Series C funding.

News Stories

How banks can fight back against fraud scams

The threat of fraud is rising. Covid-19 shook the world and accelerated fraudulent criminal activity around the world.

Extortion demands climb 45% in 2021 on back of ransomware spread

The average ransom demand grew to $247,000 in 2021 according to research from Group-IB.

Investing app Claritus.io launches out of beta

Personal finance app Claritus.io has launched out of its beta as it helps people easily track all of their investments from one location.

Zurich to sell Russian business following calls to cut ties

Global insurer Zurich Insurance Group has agreed to sell its business in Russia to 11 members of the unit’s team following mounting pressure on financial institutions and insurers to cut ties with the region.

How can merchant payments firms navigate the European regulatory landscape?

With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.

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