Company News

Acrisure acquires Tulco to improve development of InsurTech capabilities

Insurance broker Acrisure has acquired AI-powered insurance platform Tulco with the goal of starting the deployment of “InsurTech at scale.”
d.light

d.light harnesses $125m to boost off-grid solar solutions in Tanzania

d.light, a firm focused on finance solutions for low-income households, has unveiled a successful $30m securitization facility.

Ascent, FCA collaborate to componentise the FCA Handbook

Ascent RegTech has formalised a collaboration with the Financial Conduct Authority to componentise the FCA Handbook.

Sabanci to acquire majority stake in CyberTech Radiflow for $45m

Sabanci, an industrial and financial juggernaut, has entered into an agreement to snap up a majority stake in OT CyberTech Radiflow in a $45m deal.
AXA Commercial, a leading insurance provider, has launched a new product designed to assist brokers navigate the complexities of the schemes market when placing niche risks.

AXA Commercial launches online directory to help brokers navigate niche schemes market

AXA Commercial, a leading insurance provider, has launched a new product designed to assist brokers navigate the complexities of the schemes market when placing niche risks.

Standard Chartered teams up with Airtel Africa to strengthen the adoption of mobile financial...

British multinational bank Standard Chartered has inked a deal with telecom company Airtel Africa to boost financial inclusion across Africa.
Vegapay

Vegapay’s fintech platform nabs $1.1m in pre-seed round

Vegapay, a digital lending and card management platform, has successfully secured $1.1m in a pre-seed funding round.

ESMA publishes advice to EU on ICOs

The European Securities and Markets Authority (ESMA) has released its advice to the European Union Institutions on initial coin offerings.

Global QR code payments spend to exceed $3trn by 2025

Global spend using QR code payments is expected to exceed $3trn by 2025, rising from $2.4trn in 2022, according to a new Juniper Research report.
fraud

From AI to pig butchering: The alarming rise of payment fraud in 2024

Visa's Biannual Threats Report has unveiled the increasingly sophisticated threats posed to consumers and businesses globally. In the face of these challenges, Visa's Chief...

News Stories

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek and Calastone unite to revolutionise fund manager reporting

AutoRek, a leading automated financial controls platform, has joined forces with Calastone, the world's largest global funds network.
Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow and Chesapeake Bank team up to revolutionise payment processing in the US

Silverflow, a cloud-native payment processing innovator, has recently formed a strategic partnership with Chesapeake Bank, a community-focused financial institution renowned for its proactive adoption of cutting-edge payment technologies.
Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality partners with Taxbit to enhance digital asset seizure and disposal

Asset Reality and Taxbit, two prominent players in the digital asset management and compliance sector, have recently joined forces in a strategic partnership.
Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air travel sector

Klarna and UATP forge strategic alliance to revolutionize payment options in the $1trn air...

UATP, renowned for its robust global payment network that facilitates streamlined payment processes, has entered into a strategic alliance with Klarna, a leader in AI-driven global payments.
İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank and Instabase revolutionise money order processing with AI-driven partnership

İşbank, Turkey’s largest privately owned bank, has partnered with Instabase, a leader in generative AI solutions.

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