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Is 2017 the Year InsurTech Reaches a Pivotal Juncture?

The past 12 months has seen InsurTech reach a pivotal juncture. There has been exponential growth, with investment and an increasing number of new businesses and collaborative partnerships creating a thriving ecosystem of start-ups, insurers, investors and innovators that are poised to make real impact. 

Key findings from Startupbootcamp InsurTech’s 2017 trend report in association with PwC include:

Monday, July 17, 2017 - 08:43
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COSS for a Good Cause: Charity for Crypto

With cryptocurrency around the world in 18-24 months.

Throughout their short, but promising history cryptocurrencies have proven to be an ideal medium to accept small payments such as tips and donations, gaining huge popularity among the nonprofits that have learned to benefit from BTC, LTC, DODGE, etc. at quite an early adoption stage of the crypto.

Monday, July 17, 2017 - 08:24
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TaaS - COSS Strategic Investment Advisory Partnership

Token-as-a-Service (TaaS), the first-ever tokenized closed-end fund dedicated to blockchain assets, announced today a strategic investment advisory partnership with COSS, a merchant payment gateway platform, an exchange and a wallet allowing consumers to manage all their finances in one place.

Monday, July 17, 2017 - 07:21
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NSD Helps Innotribe Select Startup Challenge Winners

National Settlement Depository (NSD), Russia’s central securities depository, has taken part in judging the results of the Innotribe Startup Challenge which took place as part of the International Financial Congress (IFC) in St. Petersburg (Russia).

Launched by SWIFT in 2011, the Innotribe Startup Challenge has become one of the leading global startup competitions, helping participants reach the professional community of financial markets.

Friday, July 14, 2017 - 14:06
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Clari5 Clients Continue Their Winning Streak!

Clari5's financial institution customers are continuing to receive highly coveted acclaim from global industry bodies for adopting Clari5's novel cross channel approach to fighting financial crime.

 

Friday, July 14, 2017 - 13:45
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‘Copy and Paste’ Remains a Huge Security and Data Risk - the Insider Threat Never Went Away

We don’t know the details of this case, but ‘copy and paste’ remains a huge security and data risk – one that GDPR will make very expensive for companies.  The insider threat never went away, but with such a focus on DDoS, Malware and other external cyber attacks, companies have returned their security focus to the perimeter.  The truth is that security strategies must protect perimeters, mobile devices such as tablets, the cloud, as well as the actual data they contain, whether at rest or on the move.  It is only by covering all of these areas and managing proactively day-to-day that the r

Friday, July 14, 2017 - 10:29
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Allfunds Unveils API

Allfunds is boosting the capacity of the wealth management industry to engage in the digital ‘fintech’ revolution by launching an API* Platform to over 550 leading financial institutions.

Friday, July 14, 2017 - 09:12
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Swiss Banks Select NCR Software for ATMfutura Project

As part of SIX Group’s recently announced ATMfutura project, this summer Swiss banks will begin piloting universal, vendor-neutral software developed by NCR Corporation (NYSE: NCR) to improve usability, reduce costs and enable faster updates.

Friday, July 14, 2017 - 09:06
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CreditPlus Applies IDnow eSign to Finance Shopping Carts Online

CreditPlus Bank, the consumer credit expert, is now using IDnow eSign to enable their customers to easily and quickly finance their shopping cart online. 

Friday, July 14, 2017 - 09:02
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Financial IT
Vela Acquires Object Trading

Vela Trading Technologies LLC (Vela), an award-winning global leader in high performance trading, market data, and analytics technology, has signed a definitive agreement to acquire Object Trading, a global provider of a fully-managed Direct Market Access (DMA) platform, pre-trade risk controls, and analytics applications. 

Friday, July 14, 2017 - 08:57
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