Company News

Tractable and Aviva team up for AI-powered motor claims

InsurTech Tractable has signed an agreement with UK-based insurer Aviva, to improve the accuracy and efficiency of UK motor claims by using artificial intelligence (AI).

Why indó’s founders aim to create “the least powerful bank in the world”

On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.
fintech-news

Exiger expands team with former FBI corruption agent

RegTech company Exiger has hired former FBI international corruption squad head George McEachern as managing director in the company’s global investigations group.
White

White House calls attention to harmful data broker practices

To address concerns over personal data privacy, the White House will host a roundtable focusing on the negative practices of data brokers.
71% of decision-makers within the insurance industry have expressed dissatisfaction with the significant effort required to initiate and digitally launch updated insurance programs.

71% of insurance decision-makers unhappy with effort required to digitally launch programs

71% of decision-makers within the insurance industry have expressed dissatisfaction with the significant effort required to initiate and digitally launch updated insurance programs.

Deutsche Bank’s German HQ raided in money laundering investigation

Deutsche Bank has revealed its Frankfurt headquarters were recently raided by German prosecutors in link to a money laundering probe.

Challenger bank bunq releases third version of its app as it deals with the...

Neobank bunq has updated its platform with new features aimed at changing the way people think about banking, including new charity functions that allow them to help businesses struggling because of the coronavirus.

BitPesa buys TransferZero to plant deeper roots in Europe

BitPesa, a blockchain payments platform for Africa and Europe, has purchased TransferZero, an international, online money transfer platform.
nature

Are financial institutions overlooking nature-related risks?

Despite the vital role of nature in financial decision-making, a report found the majority of institutions are not giving it due consideration.
Eventus

Eventus leads the charge in multi-asset class trade surveillance

Eventus has set its sights on pioneering the field of multi-asset class trade surveillance and enhancing performance.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

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