Central African Republic joins El Savador in making Bitcoin legal tender

The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.

How is cryptocurrency changing money laundering?

The cryptocurrency market is booming. With new technologies and new products launching on the market, the industry is seemingly going from strength to strength. With new technologies, however, come new challenges. How is the industry changing money laundering?

Blockchain payments network CoreChain secures $4.2m seed

CoreChain Technologies, a company that claims to be the first digital B2B payments network built on blockchain, has snared $4.2m in seed financing.

Aura Network nabs $2.5m for its NFT platform

Aura Network, an NFT dedicated layer-1 blockchain based on Cosmos ecosystem, has raised $2.5m in its seed funding round.

UK sets out plans to become global cryptoasset technology hub

The UK government has unveiled its plans to make the country a global centre for cryptoasset technology.

Metaverse economy could reach $13trn valuation by 2030

A report by Citi has predicted that the fledgling Metaverse economy could be worth $13trn by 2030.

FCA enables small number of crypto firms to trade after registration deadline

The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.

EU Parliament votes to introduce KYC on private crypto wallets

The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.

Blockchain consortium RiskStream to work with B3i Services for parametric home insurance

The Institutes RiskStream Collaborative, the risk management and insurance industry’s blockchain consortium, has partnered with B3i Services AG, to explore automation in home insurance.

IMA launches metaverse’s first insurance research facility

IMA Financial Group has launched IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility.

News Stories

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.

Is 2022 the year of ESG?

Almost six months into 2022, the financial industry has already experienced a heavily chaotic year. With a mix of continuing Covid-19 troubles with the enveloping Russia-Ukraine conflict, the industry is having to evolve to new challenges.

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