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Cover Genius Raises $80 Million to Grow Embedded Protection Offering
Cover Genius Raises $80 Million to Grow Embedded Protection Offering
May 15, 2024  |  Investments

InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded protection offering. The company will use the fresh capital to...

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Mastercard Selects 5 Startups for Blockchain and Digital Assets Program
Mastercard Selects 5 Startups for Blockchain and Digital Assets Program
May 15, 2024  |  Startups

Mastercard has selected five startups from around the world to participate in its Start Path Blockchain and Digital Assets program. This program is designed to...

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TransNetwork Acquires Inswitch to Facilitate Cross-Border Payments in Latin America
TransNetwork Acquires Inswitch to Facilitate Cross-Border Payments in Latin America
May 15, 2024  |  Acquisitions

TransNetwork has acquired Inswitch to accelerate the development of its digital product suite for cross-border payments in Latin America. The acquisition will add Inswitch’s regional expertise and its...

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NYCB Sells $5 Billion in Loans to JPMorgan
NYCB Sells $5 Billion in Loans to JPMorgan
May 15, 2024  |  Loans

New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to strengthen the...

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Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
Block-Owned TBD and Chipper Cash Partner on Cross-Border Payments in Africa
May 15, 2024  |  Cross-border Payments

Block-owned TBD and African FinTech Chipper Cash partnered to facilitate B2C and B2B cross-border payments across 40 African countries. Chipper Cash has integrated with TBD’s open messaging protocol, tbDEX, to...

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Anthropic Adds Instagram Co-Founder Mike Krieger as Chief Product Officer
Anthropic Adds Instagram Co-Founder Mike Krieger as Chief Product Officer
May 15, 2024  |  Personnel

Instagram co-founder Mike Krieger has joined artificial intelligence (AI) startup Anthropic as its chief product officer. In his new role, Krieger will oversee the company’s product engineering, product management and...

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Apple Previews Eye Tracking and Other Accessibility Tools
Apple Previews Eye Tracking and Other Accessibility Tools
May 15, 2024  |  Apple

Imagine being able to control your iPhone not with your hand, but with your eyes. Apple says that scenario could soon be a reality, part of...

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VantageScore Unveils Credit-Scoring Model That Includes Alternative Open Banking Data
VantageScore Unveils Credit-Scoring Model That Includes Alternative Open Banking Data
May 15, 2024  |  Financial Inclusion

VantageScore unveiled a new credit-scoring model that uses both traditional credit data and alternative open banking data. The combination gives lenders a predictive lift of up...

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Toggle AI Acquires Atom Finance to Bolster Investment Platform
Toggle AI Acquires Atom Finance to Bolster Investment Platform
May 15, 2024  |  Acquisitions

Toggle AI says it is acquiring financial data/analysis platform Atom Finance. The company, which provides artificial intelligence (AI) solutions for investing to hedge funds, banks and brokerages, announced...

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