A collaborative fintech platform, B-Hive, is launching a cyber-security program, Trusted Fintech, to help start-ups and scale-ups embed cyber awareness into their core values. By providing a thorough, five-module program, B-Hive aims to increase the cyber-security resilience and compliance of fintech start-ups and scale-ups. Trusted Fintech was announced at Digital Finance Europe ’18 in Brussels.

Both in terms of the way insurance products are accessed and in the way they are created, technology is at the heart of significant disruption.

More products are becoming available through digital channels and to keep up with the fast pace of technological development, we now know that product development also must become more agile and responsive.

Mitek (NASDAQ:MITK), a global leader in mobile capture and digital identity verification solutions, and JanusID, the Netherlands-based identity organization providing one-click secure website access, today announced a partnership to deliver a new, real-time, end-to-end identity verification online app,CheckedID.

Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5 million in equity funding, bringing the total raised to £12 million. The raise was co-led by Cambridge-based deep tech venture capital firm IQ Capital and specialist InsurTech investor Eos Venture Partners.

Despite one in ten migrant workers in the UK having to live away from their children (9%) or spouses (8%), two-thirds (64%) are relieved they can support these family members after moving, reveals Xpress Money, one of the most dependable money transfer brands in the world. These sacrifices mean that two in three (60%) migrant workers are now able to better provide financial support to their families, through remittances.

Comviva, the global leader in providing mobility solutions, today announced its foray into banking customer value management (CVM) by entering into a new partnership with Number Theory, an Artificial Intelligence and Enterprise Data Management firm.

After documenting improvements in Payment Card Industry Data Security Standard (PCI DSS) compliance over the past six years (2010 – 2016), Verizon’s 2018 Payment Security Report (PSR) now reveals a concerning downward trend with companies failing compliance assessments and perhaps, more importantly, not maintaining - full compliance. 

PFU (EMEA) Limited, a Fujitsu company, the world's leading scanner manufacturer, today announced it has partnered with OptoSweden, a leading automatic document processing provider to offer small and medium sized enterprises (SMEs) a new web scanning solution designed to optimise workflow.

Spotcap today announced Sophie Peacock as the winner of the Fintech Fellowship for 2018. Running for its second consecutive year, the Fellowship awards one UK-based masters or MBA student with an £8k scholarship. By supporting aspiring talent, the initiative aims to plug the fintech skills gap by raising awareness of career opportunities in the field.

Citi has announced the launch of its new global solution, Citi^® Virtual Accounts, which allows clients to segregate their balances under a single physical account, providing enhanced visibility, control and efficiencies through centralized payments, receivables and liquidity management. 

The in-house solution leverages the strength of Citi’s on the ground presence whilst delivering a globally consistent offering and is live with clients in Western Europe covering 16 markets and 37 currencies, with the U.S. and Asia to follow.