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Acrisure Buys Tulco’s AI Insurance Business in $400 Million Deal
Acrisure LLC, an insurance brokerage, agreed to purchase an artificial-intelligence business from Tulco LLC in a transaction valued at $400 million, the buyer’s largest deal ...
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Wirecard scandal signals EU regulatory overhaul
European Union officials have suggested that there will be changes in the supervision of fintech firms in the wake of the £1.8bn accounting ...
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Big banks back Canadian launch of Financial Data Exchange
Canada’s big five banks are among 31 organisations onboard for the launch of Financial Data Exchange (FDX) in the country, vowing to work ...
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Monzo’s losses double as popular UK digital bank warns of pandemic uncertainty
Monzo reported an annual post-tax loss of £113.8 million in its 2020 accounts, up from the £47.1 million it lost last year. It ...
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CVS to introduce PayPal and Venmo QR code payments
US retail giant CVS Pharmacy is set to roll out PayPal and Venmo QR code technology at all of its 8200 stores From ...
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TikTok Draws Interest From Bidders Other Than Microsoft
Microsoft Corp. isn’t the only company interested in buying TikTok’s U.S. operations, according to people familiar with the matter. U.S. government officials probing national-security ...
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Meet DPO Group – The Pan-African Fintech Company Powering Digital Commerce, Acquired For $288 Million In Watershed Deal For African Tech
Much has been said about the potential for economic growth across Africa with a great number of startups, multinationals and investors descending on ...
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Morgan Stanley Leads Bank Group on Cloud Data Standards
The working group, which includes cloud and technology providers, will tackle security and classification issues first Banks, technology companies and cloud providers are ...
Africa
Airtel Africa and Mukuru Partner to Facilitate Money Transfers within Africa
Airtel Africa and Mukuru have partnered to enable Mukuru customers to instantly send cross-border transfers directly to Airtel Money customer wallets in 12 ...
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Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Transaction Valued at $1.38 Per Share, Including $0.12 in Cash; Represents 90.4% Premium to OnDeck’s Closing Price as of July 27, 2020 Highly ...