Thursday, December 14, 2017
Tags United Kingdom

Tag: United Kingdom

InsurTech MGA Wrisk gets UK regulatory authorization

On the heels of its recent successful crowdfunding raise, the app-based InsurTech managing general agent Wrisk has made another major step forward. Read More: www.insurancejournal.com

UK InsurTech Ripe expands into commercial insurance

Insurtech specialist Ripe Insurance has launched a new commercial insurance product targeting small business owners. Read More: www.intelligentinsurer.com

HooYu to provide verification services for Countingup

Challenger bank Countingup is the latest firm to call on London-based HooYu for its identity confirmation service. Read More: www.bankingtech.com

UK finance regulator warns against cryptocurrency derivatives

A U.K. finance regulator is warning consumers about a particular kind of derivative contract based on cryptocurrencies. Read More: www.coindesk.com

UK banks join the iPhone X Face ID rush

Customers of TSB and Tesco Bank are now able to use facial recognition technology, Face ID, for mobile banking app and make payments. Read More: www.bankingtech.com

Investoo Group bags £7.5m in credit to support further acquisitions

Financial trading affiliate Investoo Group has secured £7.5m in credit funding to help fund further acquisitions. Read more: fintech.global

Britain’s small businesses bank on alternative finance options

With more than half of small business owners in the UK concerned about their ability to get bank loans, many are turning to other alternatives. Read More: www.finextra.com

Mobile apps replace bank branches for UK millennials

More than half of millennial Brits now regularly use their mobile phones to keep on top of their financial affairs, according to a Visa survey. Read More: www.finextra.com

Regulations pose challenges for InsurTech innovation

A major challenge posed by InsurTech is how to achieve innovation and improvement in a highly regulated sector. Read More: www.intelligentinsurer.com

Open Banking APIs and regulations

Fintech companies wishing to use Open Banking APIs should consider the regulatory challenges they face prior to building out solutions. Read More: www.finextra.com