Europe

Sherpa secures $2.3M to build AI-driven insurance platform tailored to individuals

 Price comparison websites for insurance products have been around for many years. However, typically, people buy from these based just on price, with zero customisation based on the person. What’s required is a much more tailor-made service, changing the culture from strictly price-only focused to the “best cover for you”. That’s the pitch of UK startup Sherpa, which… Read More

Amazon brings its cash deposit service for the underbanked to the UK

 Amazon has added the ability for UK users to pay for products and services on its ecommerce platform using cash. The service, called Amazon Top Up, lets shoppers load between £5 and £250 into their Amazon UK account in a single top-up transaction. Read More

We don’t want a Balkanized Internet, says brexiting UK

 The UK government has warned of the risks of the Internet being ‘Balkanzied’ by the application of different rules in different geographies, suggesting that data localization efforts could throttle competition and innovation and weaken security. Read More

This 3D-printed sign language robot can translate speech on the fly

 Guy Fierens, Stijn Huys and Jasper Slaets realized that finding sign-language interpreters in Belgium – or anywhere, really, was wildly difficult. Their solution? A 3D-printed hand that recreates sign language automatically. Called Project Aslan (Antwerp’s Sign Language Actuating Node), the hand is available for printing and you can also have it printed for you by 3DHubs.… Read More

Google Maps suggests BlaBlaCar for long-distance rides

 Google Maps on Android and iOS now has a new transportation option. If you live in a country where French startup BlaBlaCar operates, you can now open the BlaBlaCar app and book a ride straight from Google Maps. Google isn’t adding a new tab just for BlaBlaCar. Instead, BlaBlaCar appears as a new option in the public transportation tab. Read More

Online hate crime to be treated the same as face-to-face crime in the UK

 Sometimes the most obvious solutions might be the best. While the U.S. wrings its hands over what to do with online haters and abusers on social media, other countries have a more direct approach: throw the book at them. That’s effectively the U.K.’s new approach, which will now treat online “hate crime” as seriously as offences carried out in real life. Read More

N26 now has 500,000 customers for its bank of the future

 Fintech startup N26 is getting more and more customers. The company reported 300,000 customers back in March. It now has 500,000 customers across Europe. More importantly, growth seems to be accelerating as the startup announced that it was adding a thousand customers every day back in March. Now, around 1,500 customers sign up every day. “More than 60 percent of our growth is still… Read More

Prisma shifts focus to b2b with an API for AI-powered mobile effects

 The startup behind the Prisma style transfer app is shifting focus onto the b2b space, building tools for developers that draw on its expertise using neural networks and deep learning technology to power visual effects on mobile devices. Read More

Global cybersecurity spending to grow 7% to $86.4BN in 2017, says Gartner

 Analyst Gartner is projecting that worldwide spending on IT security products and services will grow seven per cent, year over year, to reach a total of $86.4 billion in 2017. Read More

Moneytis is like a travel fare aggregator, but for sending money abroad

 If you don’t care too much about loyalty programs, chances are that you’ve been relying on platforms like Booking.com and Expedia to find the cheapest flights and hotel rooms. Moneytis wants to do the exact same thing, but for foreign exchange services. TransferWise is arguably the biggest consumer brand in international transfers. Instead of telling your bank to send money to… Read More

LaterPay brings its media payment technology to the US

 LaterPay is offering media companies a business model that goes beyond subscriptions and ads. LaterPay is trying to help monetize “the vast space” between subscriptions and ads, allowing publishers to charge for their content on an à la carte basis. That can meaning charging per article or video, or asking users to buy a pass to their site for a limited period of time. Read More

Asos adds search-by-photo to its fashion ecommerce app

 Computer vision continues to find its way into all sorts of apps as the underlying tech powering convenience-oriented image searches. Latest — and it must be said late — to the party is fashion ecommerce player Asos, which has just added a visual search feature to its iOS app.  Read More