Company News

Chinese

Chinese firms embracing ESG strategies to meet growing demand, survey finds

A recent survey by Fidelity International has unveiled the growing adoption of ESG strategies among Chinese companies.

Goldman Sachs is beefing up its coding department

Wall Street giant Goldman Sachs is on a hiring spree to find coders to meet the trading demands of the modern world.
Markel Group Inc. has welcomed the appointment of a new Chief Operating Officer (COO) to develop the system that supports its family of companies.

Markel Group names Mike Heaton as new COO

Markel Group Inc. has welcomed the appointment of a new Chief Operating Officer (COO) to develop the system that supports its family of companies.

CardinalOps rakes in $17.5m Series A

CardinalOps, a firm that labels itself as a threat coverage optimisation firm, has bagged $17.5m from a Series A funding round.

Tractable helps P&C insurer The Hartford improve auto claims

InsurTech company Tractable is helping property and casualty insurer The Hartford leverage AI tools to accelerate auto claims, as part of a new partnership.
AI

From compliance to innovation: How AI and LLMs are shaping FinTech in 2023

In a post by Saifr, the company’s regulatory and compliance advisor Mark Roszak detailed how to find balance between AI and compliance.

How RegTech startup muinmos is like “a self-driving car in a market that has...

Onboarding clients can be a time-consuming and risky process. That’s what Remonda Kirketerp-Møller’s RegTech startup aims to change.
sanctions

Navigating the complexities of sanctions compliance in the global financial sector

In an increasingly interconnected world, economic and trade sanctions serve as powerful tools wielded by governments and organisations.

Best Execution requirements officially introduced in Singapore

The Monetary Authority of Singapore (MAS) has revealed that Best Execution practices must be provided by capital markets intermediaries to their customers.

WhenFresh teams up with Ambiental to improve access to UK flood data

Self-stylised “data supermarket” WhenFresh has teamed up with flood risk specialist Ambiental Risk Analytics to extend the reach of its flood data to UK insurers.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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