Company News

HSBC is using artificial intelligence to help it spot money laundering, fraud and terrorist funding.

Ascend, a leading provider of financial operations automation software tailored for the insurance industry, has announced a strategic alliance with Embroker, that is set to revolutionise the insurance landscape.

Fundraising FinTech Capital has closed a $9m seed funding round led by AME Cloud Ventures.

Swiss Re has launched an insurance-linked investor advisory business with a specific focus on catastrophe bonds.

Financial industry trends and news provider Yukka Labs has launched its News & Trend Lab service, as the company explores the benefits deep learning can offer.

Zip Security, a dynamic cybersecurity firm, recently announced the closure of a significant funding round at $7.7m. 

RegTech Arachnys has signed up to help Momenta Group, the London-based contingent resourcing firm, to bolster its client onboarding and anti-money laundering (AML) efforts.

Following her retirement, tennis star Serena Williams’ has said she will focus on her venture capital firm Serena Ventures, which backs a variety of companies including FinTechs and InsurTechs, many of which are owned by women and people of colour.

Regulations are sapping resources and distracting financial institutions away from their cyber defences according to panellists at the Global RegTech Summit 2018.

Taina Technology recently highlighted what it believed were seven key trends within the RegTech industry in 2023.