Lemonade (NYSE: LMND), the insurance company powered by AI and social impact, today launched in the United Kingdom. Residents across the UK can now get Lemonade Contents insurance instantly, from anywhere, on any device, as well as file claims and get paid in seconds.
It's 2022, and as more value becomes stored digitally, scammers are evolving too – now stealing millions of dollars from tens of thousands of Web3 users every month.
200 days on from the mandatory introduction of Strong Customer Authentication (SCA) in the UK, 73% of retailers have seen online payment fraud decline, according to data from Barclaycard Payments.
Commonwealth Bank's venture-scaling arm, x15ventures, has announced a $250,000 investment in Paytron, after the full-suite workflows and spend management platform won this year's Xccelerate program.
As banks around the globe grapple with major upheaval in the way they will need to operate, Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that it has completed the roll-out of the latest version of its IBAS GBF – Global Banking Factory solution – readying all its customers for full compliance with the new SWIFT ISO 20022 message standards (MX messages).
HSBC Asset Management has led a $4 million seed funding round for Bizbaz, a Singapore-based startup using non-traditional data to help financial firms assess credit risk.