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.
Over three-quarters of retailers have seen fraud increase during the pandemic
A survey by fraud prevention solutions provider Riskified has found 82% of retailers believe they have seen a climb in fraud attempts since the start of the Covid-19 pandemic.
SoftBank-backed OPay struggles with service outages and its customers are not happy about it
Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.
InsurTech market expected to generate over $158bn by 2030
A report published by Allied Market Research has detailed that the InsurTech market is expected to garner $158.99bn globally by 2030.
Network Test Labs rebrands and looks to launch in US
Network Test Labs (NTL) has rebranded to CyberClan and has expanded its operations to the US market.
Vouched reels in $4.5m funding to advance identity verification platform
US identity verification company Vouched has secured $4.5m in capital from a highly subscribed funding round.
Klarna teams up with with celebrity stylist Bea Åkerlund to launch new engagement rings
Swedish FinTech unicorn Klarna has gotten tired of the idea that women can only propose on leap years on February 29. So it has come up with an idea to do something about it.
Brokerage platform Alpaca inks $50m to help FinTechs with embedded equities, partners with Plaid
Alpaca, a stock brokerage platform that offers APIs for FinTech apps to connect and trade in US stocks, raised $50m and plans to launch cryptocurrency trading.
bunq integrates Zapier’s finance management tools
Dutch challenger bank bunq did not just make fun of its German competitor N26 for its decision of pulling out of the UK due to Brexit last week, it also teamed up with Zapier.
EPA calls for greater digital identity push in light of growing financial crime
A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.
