Sedgwick acquires SaaS developer to boost insurance restoration contracting services

Sedgwick, a technology-enabled risk, benefits and integrated business solutions, has acquired SaaS solution developer G&E Enterprises for an undisclosed amount.

Alibaba-backed Global Blue is getting listed on the New York Stock Exchange as it...

Tax-free shopping and payment solution provider Global Blue is being listed on the New York Stock Exchange.

Visa acquires Plaid in new $5.3bn deal

Payment giant Visa has announced that it has bought Plaid, a scaleup helping customers securely connect their financial information to apps.

Insurity acquires fellow InsurTech platform SpatialKey

Data analytics platform for insurance brokers Insurity has acquired SpatialKey, a geospatial analytics and data enrichment hub, for an undisclosed amount.

Nets acquires Finnish payment technology providers Poplatek and Poplapay

Payment company Nets has made a move to improve its payment terminal capabilities with a dual acquisition.

Starling Bank could float on the stock market by 2022

Challenger bank Starling Bank could go public as early as in three years’ time, according to a new interview with the founder.

Sapiens acquires InsurTech sum.cumo in €28.4m deal

InsurTech provider Sapiens International Corporation has bought a German startup to boost its digital offering and to push further into Germany, Austria and Switzerland.

Cybersecurity company Armis to be acquired by private equity firm

Cybersecurity firm Armis is being acquired by US private equity firm Insight Partners in a deal valuing the company at $1.1bn, a report from Reuters claims.

C5 Capital agrees to sell Shape Security for $1bn

Venture firm C5 Capital has agreed to sell online fraud prevention company Shape Security to F5 Network in a $1bn deal.

PayPal becomes first foreign payments platform in China after latest acquisition

Payments giant PayPal has acquired a 70% stake in China-based payment gateway GoPay.

News Stories

Millennials less aware about phishing threats than other age groups as nine out of...

Just because they are digitally native, it doesn’t mean that millennials are better at cybersecurity than their older peers.

Pine Labs secures investment from Mastercard

Pine Labs, a payment acceptance software builder, has received an investment from Mastercard as part of a new partnership.

BNP Paribas boosts partnership with Tink to reach Italian customers

BNP Paribas has extended its partnership with open banking platform Tink to supply its customers with more personal finance tools.

Banks refuse to reimburse fraud if consumer ignores any warning message

Banks are refusing to cover losses in fraud cases if they can prove they show fraud warnings at the point of purchase, according to a study from Which? Money.

Businesses suffer longer system outages due to ransomware attacks

Ransomware attacks are becoming more severe with businesses suffering from infections being out for up to 16.2 days on average, up from 12.1 days in the third quarter of 2019.