CPP Group’s insurtech business, Blink Parametric, has announced that it will be working with Lloyd’s of London to design its first parametric proposition for commercial insurance lines.

Blink recently confirmed its selection onto the fifth cohort of the prestigious Lloyd’s Lab innovation accelerator programme. The 10-week programme started on Monday (7th September) with Blink having a specific focus on new insurance products and markets.

The world is moving ever closer to digital currency for all. Although investors have watched cryptocurrencies such as Bitcoin and Zcash grow for years, national digital currencies are now starting to take hold in our payments ecosystem on a global scale.

FIS^® (NYSE), a leader in merchant and financial services technology, today announced its Access Worldpay gateway, a single point of integration for global merchants to quickly deploy a full range of advanced payment capabilities.

Bullhorn®, the cloud computing company that helps staffing and recruiting organisations transform their businesses, today announced that Stone Point Capital will become the lead investor to power the next phase of the company’s growth. Insight Partners and Genstar will remain investors in the business. Stone Point was attracted to Bullhorn on the strength of its long-term opportunity to serve the global staffing and recruiting industry, its consistent revenue growth, and its reputation for customer success.

QuantaVerse, which uses AI and machine learning to automate financial crime investigations, has enhanced its Financial Crime Investigation Report (FCIR), so AML cases can be accurately adjudicatedmore efficiently than ever before.

Integral, a leading FX technology provider, announced today that it has launched the latest version of its next generation trading platform.

Available through HTML5 browser and mobile device, FX Inside 7.0 is a web-based trading solution for banks and institutional brokers wanting to serve corporate and institutional customers in a fully branded single dealer environment.

Vietnam’s Tien Phong Commercial Joint Stock Bank (TPBank) accelerated their digital transformation with Backbase, a digital-first banking platform, to transform the bank’s traditional products, services and core banking system. Backbase drove the digitization to enable TPBank to operate on a secure, efficient, and sustainable omni-channel digital platform that is agile and scalable as the bank prepares for strong future growth and expansion.

Ohpen, the first fintech platform to bring a bank to the cloud, today announces its acquisition of cross-border loan and mortgages Software as a Service (SaaS) provider Davinci. The combination of these two growing companies will allow Ohpen to address the $300 billion global bank IT spending market as it targets international expansion.
 

Open banking fundamentally changes the landscape of the modern financial sector, stimulating all types of companies to release new services and making traditional banking products simpler, and more convenient, while removing additional costs. Open banking became a global trend that triggers a price-competitive response to innovations across the financial sector.