MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance Syndicate in a box (Syndicate) MIC 5183. MIC Global is a pioneering insurtech providing end-to-end digital micro insurance products.

The new syndicate will be managed by Asta, the leading third-party managing agent at Lloyd’s and is scheduled to underwrite business incepting on or after 1 April 2022.

Global technology provider Arrow Electronics today announced a new distribution agreement with VAST Data, a fast-growing next-generation storage software infrastructure company. Arrow will help accelerate adoption of VAST Data’s high-performance Universal Storage platform by broadening reach with key channel partners and markets across Europe.

The year 2022 is expected to become a year of economic recovery, digital transformations, and, undoubtedly, neobanks. The digital transformation of the financial sector is massively changing the way how people conduct their monetary transactions, thus bringing new challenges for traditional banks and financial institutions. While some banking systems are providing digital alternatives to their brick-and-mortar branches, fintech companies are offering digital-only banking services that have true potential to reform the future of finance. 

New fintech provider to assets managers selects Confluence’s powerful suite of reporting and performance solutions

Clear communications around ESG, cybersecurity most cited areas growing in importance as companies face new challenges

Cognito, an international financial services communications and marketing agency, today released the results of The 2022 Cognito Financial Technology Senior Marketer Survey. 

The social and economic impact of Covid-19 has led to a marked increase in opportunistic crimes of desperation, particularly in digital payments fraud as consumers flock to digital channels to replace or supplement in-person interactions. This rapid shift to digital, which is providing necessary solutions during a time of crisis, is fuelling a surge in payments fraud worldwide. And the threat to companies isn’t only coming from the outside; internal fraud in departments responsible for supplier payments is on the rise, especially with staff working remotely.

What is a Fintech Visa and will it help UK fintech businesses? Read on to find out more…

January 2020 marked the end of the UK’s 47-year membership with the European Union, in a move which left a lot of UK business owners feeling unsettled; particularly within the fintech industry. Little did they know that, in just a couple of short months, a global pandemic would add further challenges into the mix. 

Reports 820% rise in customers during the Republic Day Sale 

Buyhatke launched ‘UseMyCards’, World’s first and only credit/debit card sharing platform. During the Republic Day Sale on leading e-commerce platforms such as Amazon, Flipkart, Myntra etc. UseMyCards witnessed a whopping 820% rise in customers shopping through its website. The number of online transactions also saw a sharp rise of 1060% during the same period.

• Tier-2 and Tier-3 cities cozy up to digital transactions with total transaction volumes seeing a significant average growth of almost 50% in 2021

• India is becoming healthier with fitness related transactions growing by 611% in 2021

• Further to RBI guidelines, the subscription economy in India is booming with E-mandates growing by 225% in 2021

 Just by shopping online, users gain assets with Crypto Back from the SocialGood App, which has now reached a total of 1,615,104 users (as of Jan. 12, 2022). Social Good Foundation Inc. aims to build the world’s largest global platform and to provide financial freedom to all people worldwide through their SocialGood App.