US payrolls and wages surge, likely keeping Fed rates on hold
US employers added the most workers in a year and wages jumped in a surprise reacceleration in the labor market…
Lunar becomes first provider in Scandinavia to get MiCA crypto license
Nordic challenger bank Lunar has become the first provider in the region to secure a crypto license under the EU’s MiCA regulation.
Swiss Re swings to first-half loss amid COVID-19 claims and reserves
Coronavirus, Emerging Risks, Financial Results, P/C Insurers, Reinsurance, Risk Management Swiss Re
Cyber consortium launches
Cyber Risks, Emerging Risks, P/C Insurers, Products & Services, Technology United Kingdom Lloyd’s of London
Fintech hiring hits new heights as UK unemployment rises
While the rate of UK unemployment rose to a four-year high of 5.1% in the three months to October, fintech hiring remained an outlier, with vacancies in the capital growing sharply.
Startupbootcamp Amsterdam opens NFC and contactless programme
Backed by major banks and telcos, the Amsterdam arm of Startupbootcamp has launched an NFC and contactless offering, inviting young firms to pitch for a place on a three month programme with access to funding, workspace and specialist advice.
Apollo and Moonrock launch new insurance facility for drones, eVTOL, and aviation innovation
Apollo, the technology-driven insurance platform, in collaboration with Moonrock, a managing general agent specialising in drone insurance, has announced the launch of a new insurance facility designed to support emerging risks in drone, eVTOL, and aviation innovation.
PODCAST: More details about ongoing squeeze in non-prime financing
Open Lending senior vice president of marketing Kevin Filan made another appearance on the Auto Remarketing Podcast. This time, Filan discussed Open Lending’s newest Consumer Update, which delved into the squeeze near- and non-prime consumers are facing when trying to … [Read More]
Visa invests in stablecoin startup BVNK
Visa Ventures has made a strategic investment in stablecoin infrastructure platform BVNK.
HSBC and Ant International laud results of blockchain-based tokenized deposit transfers
HSBC and Ant International have completed HKD-denominated cross-bank blockchain-based test transactions under the Hong Kong Monetary Authority’s Ensemble Sandbox.
Chift raises seed funding to help SaaS companies build integrations
Chift, a Belgian startup that helps SaaS companies integrate with other financial applications and tools via APIs, has raised €2.3 million in seed funding.