In Europe, cross-border payments are heating up, with cross-border efforts between tech-nimble FinTech firms and more traditional financial services players.
In one example, Zurich-based financial startup has linked with German insurer Allianz to develop a finance app, which will offer a app in an insurance solution offered by the German firm. That comes, reported finews.com, as the FinTech previously inked a deal with AXA’s German business. The FinTech offers a personal finance app, used in Germany and the U.S., and consumers are able to pick banking and insurance apps from partner firms.