Company News

Report finds branch-based banking may become obsolete within five years

A report published by Temenos has found that 65% of global banking executives believe branch-based banking will be ‘dead’ within a five-year period.

InsurTech unicorn Tractable teams up with LKQ North America

InsurTech100 company Tractable has deployed its AI tools into LKQ North America, a provider of alternative vehicle parts, as part of a new deal.

Customer experiences might be the new battleground for wealth managers

BigTech companies like Amazon and Google has changed the customer expectations for online experiences regardless of industry, but will these experiences be tied to the success of firms in wealth management.

Bari Bank introduces credit and debit card for children

Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.

UK-based Tide flows into India, commits £100m investment and over 1,000 jobs

UK banking platform Tide kickstarted its international expansion strategy in India with a commitment to invest £100m and create 1000 jobs over the next five years.

Chip launches new membership plan with BlackRock funds to “bring the millionaire’s experience to...

Savings and investments platform Chip launched ChipX, a new membership plan that aims to boost access to more investment funds from BlackRock for its users.

Covid-19 accelerates demand for RegTech solutions in Asia, report finds

A report by Enterprise Ireland has found the effects of the Covid-19 pandemic has sped-up the demand for the adoption of RegTech solutions in the Asia Pacific (APAC) region.

Tech-for-good VC Bethnal Green Ventures acquired by pension asset manager Connected

The UK's Bethnal Green Ventures has been bought by socially conscious asset manager Connected Asset Management in a deal that will allow tech for good startups to tap into the financial heft of pension funds.

India-based millennial and Gen Z-focussed money management FinTech Slice notches $20m

FinTech startup focused on millennials Slice raised $20m as a part of its fresh funding round led by existing investors Blume Ventures, and Gunosy Capital, as it looks to double down on its growth in the coming months.

Allianz underlines potential opportunities and disruptions for insurance sector

In a recent fireside chat, Quantexa CEO Vishal Marria spoke with Allianz Technology CFO Andrea Pettinelli to discuss where Allianz sees growth opportunities in the insurance space alongside potential disruptions caused by big market players entering the sector.

News Stories

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.

Akur8 acquires Arius from Milliman to enhance its actuarial capabilities

Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.
APP

How the PSR’s new fraud cap could change the game for APP scam victims

The PSR has announced a significant update in the fight against APP scams, revealing a forthcoming adjustment to the reimbursement cap for victims.
compliance

Leveraging compliance for competitive advantage in finance

In today's rapidly evolving financial environment, mere regulatory adherence is insufficient for firms aiming to lead the market.
NGFS

NGFS launches Version 2.0 of data directory to tackle climate finance risk

The NGFS Data Directory, an initiative led by major financial institutions including the BIS Innovation Hub Singapore Centre, the MAS and the Bank of France, aims to fortify the global financial sector against the burgeoning threat of climate change.
Bank of London

Bank of London secures £42m in oversubscribed funding round

Bank of London, a UK-based clearing bank and embedded banking service, has announced a successful £42m funding round.

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