Trustly is pleased to announce a new partnership with Folksam, one of the largest insurance companies in Sweden. Together, Folksam and Trustly will make it more convenient for students to pay for their insurance and receive their claims payouts directly to and from their online bank account.

Today’s students are digital natives, and so to cater to their preferences, Folksam has developed a digital-only student insurance in its FutureLab, its newly launched innovation workshop.

Responding to the sharp increase in consumer requests for payment holidays related to the COVID-19 pandemic, global analytics software firm FICO has created a set of digital scenarios that can help lenders, telecommunications providers and other firms meet this urgent need in an automated way.

The spread of COVID-19 has undoubtedly introduced uncertainty for those looking to invest in UK property. However, just as we are all turning to technology to help us deal with and ultimately overcome the effects of the pandemic, there are new advances in tech which will prove invaluable in assisting real estate investors to adapt.

I have seen firsthand how one technological advance in particular – Artificial Intelligence – has huge potential in this field, in two key ways.

Yolt, the smart thinking money app, has today announced a new API connection with American Express. The connection means that Yolt users with an American Express card can now see their spending and balance directly within the Yolt app, alongside their other current accounts, savings, credit cards pensions and other investments.

Experts from Wolters Kluwer’s Compliance Solutions business and IBM Watson Financial Services will discuss ways in which financial institutions are leveraging technology to manage more effectively their regulatory compliance obligations in a webinar, “Regulatory Change Management: The Benefits of Automation

To emphasise its success as a true business enabler, MYHSM Ltd., the global provider of Payment Hardware Security Modules (HSMs) as a Service, announces that it has been selected by Calamatta Cuschieri, Malta’s largest independent financial services firm, as a service provider for Moneybase, an exciting new challenger bank that will launch in 2020.

Efficient data management has long been a cornerstone for any organisation and a way to generate valuable insights that can improve the corporate decision-making process. In the past few years, the focus on big data has resulted in an exponential increase in data volumes, sources and types. While having access to such quantities of data can be a considerable asset and drive innovation, it also poses several challenges, such as security, validation, analysis and interpretation. 

Alibaba Cloud, the data intelligence backbone of Alibaba Group, today launched a Global SME Enablement Program to provide cloud technology relief worth more than USD 30 million to new and existing small and medium-enterprise (SME) customers around the world, and equip them with the solutions needed to maintain business continuity amid the COVID-19 pandemic.

The Inclusion Foundation^TM (TIF), the Community Interest Company (CIC) uniting the fintech industry to give the UK’s 13m under-served adults better access to financial services, announces its launch today. This comes at a time when the society’s most vulnerable are in the greatest need of vital financial services as they cope with the COVID-19 pandemic, potentially unlocking £1.8bn in benefits for low-income households.