Saturday, August 19, 2017

Income becomes 1st Singapore insurer to use IBM Watson

Income is the first insurer in Singapore to embed IBM’s cognitive technology to automate its pre- and post-hospitalization claim Read more: coverager.com

Savings marketplace Raisin passes the €4bn

Headquartered in Germany, Pan-European savings marketplace Raisin reports that in less than 4 years its customers have invested more than €4 billion Read more: fintechranking.com

Open banking has obstacles and opportunities

FI.SPAN'S Clayton Weir says banks and other financial institutions are starting to find challenges upon actually working with APIs. Read more: www.pymnts.com

Insurance policy holders to be on Umbrella Coin’s blockchain

The Ethereum Blockchain could cause major disruptions in the very centralized world of insurance as Umbrella Coin looks to make claims on hidden costs of, Read more: cointelegraph.com

HomeLight secures $40m Series B funding round

San Francisco-based HomeLight has secured $40m for its Series B funding round led by Menlo Ventures. Read more: fintech.global

Investments in FinTech and InsurTech remain high

FinTech firms continue to attract investment from start-ups, as new entities look for ways to disrupt current financial markets, Read more: www.consultancy.uk

MiFID II – Changing the face of investor relations

Introduction With less than 5 months left before the deadline for MiFID II on 3 January 2018, firms are still grappling with the implementation of MiFID II. Read more: regtechfs.com

Shoeboxed launches Fetch to simplify expense reporting

For anyone who spends hours completing their expense reports, the news that receipt and business card digitisation company Shoeboxed is ushering, Read more: www.bankingtech.com

Pondera Solutions closes eight-figure Series A

California-based Pondera Solutions has completed an eight-figure Series A funding round, with contributions from Impact Venture Capital and Serent Capital. Read more: fintech.global

German FinTech Deposit Solutions acquires Savedo

German FinTech company Deposit Solutions acquired Berlin-based retail deposits platform, Savedo for an undisclosed amount, it was announced today. Read more: bankinnovation.net