Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.

Thompson Reuters joins R3 Blockchain Consortium

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.

IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Supercapital has entered administration as regulator warns about scams

UK payment services provider Supercapital has entered administration after ceasing to provide any regulated businesses on September 12.

InsurTech Blueprint banks $16m, buys Southwest Land Title Insurance Company

Real estate company Blueprint Holding Co., a Nashville-based owner of InsurTech company Blueprint Title, raised $16m in Series B funding.

InsurTech company Bestow closes its second funding this year

Bestow, a full-stack digital life insurance platform, has closed its Series C round, just months after it closed its Series B.

Digital payments giant PayPal acquires POS developer iZettle in $2.2bn deal

Digital payment giant PayPal has acquired fellow online payments platform iZettle in a deal worth $2.2bn.

The Consumer Financial Protection Bureau opens lawsuit against Fifth Bank

The Consumer Financial Protection Bureau has filed a lawsuit against Fifth Third Bank, National Association after allegations of opening unauthorised accounts for consumers.

Navigating today’s cyber risk challenges

In today’s hyperconnected world, cyber insurance is no longer a luxury but a must-have for many businesses. KYND explores the challenges of managing cyber risks and what firms should be doing to protect themselves.

News Stories

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

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