Open Banking: By Miles Builds a Payment Institution

Open Banking: By Miles Builds a Payment Institution


  • The British InsurTech By Miles, specialising in pay-per-mile car insurance offers, has been granted a licence from the Financial Conduct Authority (FCA). They intend to rely on Open Banking-entailed opportunities to fine-tune their risk assessment process.

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Related news

  • Insurance
  • Payment
  • 26.10.2018

Insurance: Amazon Lands in France with Aviva

Aviva France partners with the e-commerce leader Amazon, whose Amazon Pay solution will include an online subscription service for insurance policies via Aviva’s website. However cautious, this move stresses the group’s strategy, already highlighted...

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