Erie Insurance’s corporate venture capital arm announces three new investments
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has revealed strategic investments in three cutting-edge portfolio companies: Wagmo, Roots Automation, and Trust & Will.
Tackling financial crime: How Moody’s is identifying shell company red flags
Shell companies, often shrouded in secrecy, pose substantial risks to the global economy, being potential vehicles for crimes like fraud, tax evasion, money laundering,...
FinTech innovator Vertice secures $25m in Series B for global expansion
Vertice, an integrated SaaS and cloud spend management platform, has announced a milestone in its growth journey by raising $25m.
DMI Group acquires ZestMoney in fire sale
The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.
SEC cracks down on J.P. Morgan for whistleblower obstruction
J.P. Morgan Securities LLC (JPMS), a subsidiary of J.P Morgan, has agreed to a significant $18m civil penalty in a settlement with the SEC.
swifter.io joins Guidewire’s InsurTech Vanguards
swifter.io, an innovative insurance experience platform, has officially become a participant in Guidewire's InsurTech Vanguards program.
Mumbai-based InsurTech Bharatsure bags $1m in latest funding round
Bharatsure, a Mumbai-based Insurtech startup specialising in Infrastructure-as-a-Service (IaaS) solutions, has secured $1m in its latest funding round.
Payhawk obtains UK EMI license and announces new leadership additions
Payhawk, the global spend management solution, has obtained a licensed Electronic Money Institution (EMI) status in the United Kingdom.
Edgewater Equity Partners acquires Ascent to boost AI-driven compliance
Ascent Technologies has been acquired by Edgewater Equity Partners, a distinguished private equity firm based in Boston.
Solstice Innovations bolsters technology leadership team
Solstice Innovations, Inc. has revealed that it is bolstering its technology leadership team to meet the growing demand for the next generation of P&C insurance Core Systems.
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