Company News

Saidot, a Finland-based entity offering a SaaS governance platform, recently announced a noteworthy achievement in its financial journey.

Following in the footsteps of HSBC and Commerzbank, US Bank may become the next bank in line to make thousands of employees redundant.

German digital insurer Wefox is reportedly in discussions to raise funding at a valuation of $5-6bn in the coming weeks.

Sompo, an established insurer in the UK, has recently introduced a bespoke insurance product designed for middle market clients.

A green finance task force convened by the Monetary Authority of Singapore (MAS) has issued a slew of initiatives for financial institutions to enhance climate-related disclosures and green capabilities.

Singapore-based FinTech CrossFund has secured an additional $1.5m in its latest funding round, bringing its valuation to an impressive $47m.

After partnering up with TSB Bank earlier this year, Jumio is now announcing its latest identity-verification tool.

SAS, a global AI and analytics leader, has acquired Kamakura, a company that provides specialised software, data and consulting for financial services firms.

Imagine a world where insurance isn’t bogged down by endless paperwork, long processing times, and one-size-fits-all policies. Instead, envision a landscape where every interaction is tailored to fit your unique needs, claims are processed swiftly and accurately, and customer service is available around the clock. Welcome to the transformative era of generative AI in insurance. 

NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.