Industry News

Tandem

Tandem, the couples’ finance app, secures $3.7m in seed funding

Tandem, a FinTech startup, has recently announced a successful seed funding round, injecting a fresh capital influx into the company.
Huobi

Huobi introduces crypto-to-fiat debit card

Huobi Global, a virtual asset exchange, has partnered with Solaris to deliver a crypto-to-fiat debit card that will help Huobi users to spend digital assets at point-of-sale.
Driving change with data: The evolution of sustainability in financial reporting

Driving change with data: The evolution of sustainability in financial reporting

The macroeconomic environment is undoubtedly a focal point in today's discussions within wealth management, banking, and insurance sectors. However, the urgency of addressing climate...
First Rate acquires Chile-based WealthTech Finantech

First Rate acquires Chile-based WealthTech Finantech

Texan WealthTech First Rate has acquired Chilean-based Finantech, which offers comprehensive reporting solutions to family offices and private banks.
ESMA calls for new voices in European Capital Markets

ESMA calls for new voices in European Capital Markets

The European Securities and Markets Authority (ESMA), the regulator and supervisor for the EU's financial markets, is currently on the lookout for new members to join its Securities Markets Stakeholder Group (SMSG).
FCO

Germany’s FCO begins anti-trust investigation into PayPal

German antitrust watchdog the Federal Cartel Office (FCO) has begun an investigation into PayPal to examine whether it is using its power to restrict market competition.
Pagaya

U.S. Bank and Pagaya forge path to broaden personal loan accessibility

U.S. Bank has recently joined forces with Pagaya Technologies, a global leader in AI-powered financial solutions.
AI-tools-such-as-ChatGBT-to-drive-digital-transformation-of-insurance-industry

AI tools such as ChatGPT to drive digital transformation of insurance, COVU says

Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
AI

The future of financial compliance: Preparing for AI regulatory changes

In a recent post by ACA Group, the firm outlined the eight steps CCO's should take now to prepare for AI regulation.
Everest-insurance-enters-into-the-spanish-market

Everest Insurance enters the Spanish market

Everest Insurance, the insurance division of global underwriter Everest Re Group, has expanded into the Spanish market.

News Stories

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Akur8 and Heritage Insurance forge alliance to revolutionize insurance pricing

Heritage Insurance, a leading property and casualty insurance holding company based in Tampa, Florida, has teamed up with Akur8, known for its next-generation insurance pricing solutions powered by transparent machine learning.
PropEco raises £275k to revolutionize property risk management with climate focus

PropEco raises £275k to revolutionize property risk management with climate focus

PropEco, a Glasgow-based tech company, recently secured a seed investment of £275,000. The company is known for its advanced technology platform that evaluates the long-term value and viability of properties with an innovative approach.
Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo partners with Fayr: Revolutionising insurance access for divorced parents

Mylo, a leader in the InsurTech industry, and Fayr, an innovative mobile application aiding divorced parents, have formed a strategic partnership.
XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark forge new paths in carbon credit trading and transparency

XTCC and Carbonmark have announced a strategic partnership aimed at democratising and scaling the carbon credit market.
compliance

Wordwatch report unveils legacy risks in compliance management

Research from Wordwatch has exposed significant vulnerabilities in the compliance archiving systems of regulated organisations in the UK.

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