Company News

Why behavioural analytics should be a top priority for insurers

With customer demands changing to become more focused on flexibility and personalisation, behavioural analytics is the key to help insurers meet this need.

SEBI looks to ease regulatory compliance burden with debt securities merger

The Securities and Exchange Board of India (SEBI) has merged its rules for debt securities into a single regulation to ease the regulatory compliance burden on organisations.

Chinese spies posed as Iranians to breach Israeli networks, cyber firm FireEye claims

Security company FireEye has claimed that Chinese spies pretended to be Iranian hackers for two years to break into Israeli government and telecommunication networks.

Female-led counterfeit-tackling startup SnapDragon Monitoring snags £1.2m

Edinburgh-based SnapDragon Monitoring raised £1.2m in its latest funding round as the firm looks to help brand owners tackle fake products online.

Car InsurTech Marshmallow set to be latest British unicorn after reported new cash injection

Marshmallow Financial Services is soon to raise its latest fundraising round, bringing its valuation to $1.2bn, joining the ranks of other recent UK unicorns Starling Bank, Gousto and Zego.

HSBC Insurance enters agreement to buy AXA Singapore for $575m

HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.

FinTech Klover reels in $60m from Mercato-led Series A

US firm Klover has raised $60m from a Series A funding round led by Mercato Partners Traverse Fund.

BNPL player Zilch secures US market foothold with NepFin purchase

UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.

New unicorn TaxBit secures $130m via Insight Partners-led Series B

Tax and accounting and automation company TaxBit has reeled in $130m from a Series B round, passing the $1bn valuation landmark in the process.

German firms suffer more than twice as much damage from cyberattacks since pandemic began

German companies facing a shortage of cybersecurity professionals as the pandemic creates new avenues of attack, new report found.

News Stories

AML

The future of financial security: How AML and ID verification are shaping FinTech

AML encompasses the regulations and procedures that regulated entities employ to prevent the conversion of illicit funds into seemingly legitimate income.
AI

Harnessing AI and data integrity in fighting financial crime

In today's rapidly evolving digital world, the fight against financial crime networks demands both vigilance and innovation.

SplxAI secures $2m to enhance AI chatbot security

SplxAI, an emerging player in the field of AI security, has successfully raised $2m in a pre-seed venture capital round.
How FullCircl's SmartBroker revolutionized broker growth in just one year

How FullCircl’s SmartBroker revolutionized broker growth in just one year

FullCircl marked a significant milestone, celebrating the first anniversary of its SmartBroker facility, a game-changer for BIBA members.

AI compliance leader Datricks lands $15m funding from SAP and Team8

Datricks, a financial integrity and compliance software startup, has successfully secured $15m in its latest Series A funding round.

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