Industry News

BaFin

N26 fined €9.2m by BaFin for late money laundering reports

BaFin has recently imposed a €9.2 million fine on German FinTech firm N26 due to anti-money laundering failures.
Benekiva-teams-up-with-management-research0services-insurance-software-solutions

InsurTechs Benekiva and MRS to combine insurance solutions

Benekiva, an insurance software company, has partnered with Management Research Services (MRS) to bring together Benekiva’s SaaS claims and servicing platform and MRS’ comprehensive underwriting rules engine.
Marias-Technology-selected-by-cumberland-mutual-fireinsurance-company

Marias Technology selected by Cumberland Mutual Fire Insurance Company

Marias Technology, a provider of software testing and implementation services to the insurance industry, has been selected by Cumberland Mutual Fire Insurance Company (Cumberland) to assist with quality assurance and user acceptance testing.
Forta Solutions has introduced Agility, an innovative warehouse lending platform that promises unparalleled transparency, efficiency, and a quicker, more secure route to liquidity for warehouse lenders.

Forta Solutions launches groundbreaking warehouse lending platform Agility

Forta Solutions has introduced Agility, an innovative warehouse lending platform that promises unparalleled transparency, efficiency, and a quicker, more secure route to liquidity for warehouse lenders.
ESG

Why ESG activities correlate with stronger financial performance

A study by Bain & Company and EcoVadis has found ESG activities correlate with stronger financial profitability and growth.
Dig

Palo Alto Networks expands cloud security with acquisition of Dig Security

Palo Alto Networks will acquire cloud security start-up Dig Security, a provider in data security posture management.
HKMA

HKMA lays down net zero transition principles for Hong Kong banks

The Hong Kong Monetary Authority (HKMA) has issued a set of principles guiding banks on the transition to a net zero economy.
GenZero

GenZero and BCG join forces on climate impact measurement framework

Climate solutions company GenZero has recently partnered with Boston Consulting Group, a leading global management consulting firm.
Cognitive View advances customer service with new generative AI product

Cognitive View advances customer service with new generative AI product

Cognitive View, a leading tech firm renowned for leveraging artificial intelligence to heighten customer experiences, has launched a groundbreaking Generative AI tool.
third-party

What are the key pillars of third-party risk management?

In a recent post by Moody's Analytics, the company outlined three key pillars of third-party risk management. 

News Stories

Finally secures $200m in Series B funding to enhance SMB financial services

Finally secures $200m in Series B funding to enhance SMB financial services

Finally, the AI-powered finance and HR platform, has successfully secured a $200m Series B investment.
MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion, recognised as a pioneering digital ecosystem for consumer finance, today announced a pivotal partnership with Nova Credit, a leader in credit infrastructure and analytics.
Form3 announces £10m Series C extension funding led by British Patient Capital

Form3 announces £10m Series C extension funding led by British Patient Capital

Form3, a prominent British payment technology firm, has recently secured a £10m investment.
Cashmere raises $3.6m in seed funding to enhance wealth management client acquisition

Cashmere raises $3.6m in seed funding to enhance wealth management client acquisition

Cashmere, a pioneering WealthTech startup, has successfully raised $3.6 million in seed capital. The funding round was spearheaded by FinTech venture specialists, Canapi Ventures.
Outward VC secures £51m to boost early-stage FinTech startups tackling societal challenges

Outward VC secures £51m to boost early-stage FinTech startups tackling societal challenges

Outward VC has successfully garnered £51m during the initial close of its second fund, aimed at providing crucial support to early-stage founders tackling significant societal challenges through financial services innovations.

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