Revolut Tacks on Medical Travel Insurance as Established Fintechs Continue to Add Services whenever the geolocation services in your phone pick up that you’ve departed from your country of origin, your travel insurance coverage will automatically kick in.
Wirecard Partners with Gig Economy Upstart, Enabling Same-Day Pay The startup’s move to incorporate a Wirecard payment card reflects both the immediate access to capital necessary for people participating in the unpredictable gig economy as well as the accelerating trend of companies recognizing and addressing this need.
“In theory, it replaces your bank”: TransferWise Launches Borderless Accounts and MasterCard Having initially launched as an international money transfer service in 2010, TransferWise has slowly expanded its capabilities to encompass more and more features traditionally serviced by banks.
Swiss Government Launches Blockchain Taskforce The Swiss government announced this week the launch of its own committee to formalize its regulatory framework for blockchain-based startups and initial coin offerings.
Financing at Check Out is Driving Up Competition For Lenders The insurtech’s ability to scale comes from a reliance on artificial intelligence and chatbots to help service customers and cut bureaucracy.
This Chinese Bank is Selling Tech to Make Itself Competitive Against Tech Behemoths Ping An Insurance intends to eventually generate half of its revenue from technology sales, and it isn’t the only Asian bank making a big bet on tech.
MoneyLion Raises $42 Million to Continue Push to Capture Middle Class This news come as venture capitalists are expected to cool on investments in consumer-facing financial technology in the new year.
Central Banks Globally Look for Ways to Impose Control Over Digital Currencies Indonesia’s Assistant Governor reportedly said the bank is also concerned about the potential impact an unregulated currency could have on the economy.
Why Clearcover Is Skipping Super Bowl Ads to Sell You Car Insurance Clearcover intends to compete for customers in an industry where the average age of competitors is 95 years old through a ‘moment-centric distribution’.