Industry News

Rainbow

Rainbow secures $12m for small business insurance innovation

Rainbow, a digital managing general underwriter specialising in small business insurance, has recently secured a significant $12 million in seed funding. According to FinTech...
Karma

Karma Wallet secures over $2M in funding to drive sustainable finance

Karma Wallet, a pioneering company in sustainable finance, announces the launch of their Karma Wallet Card and has bagged over $2m.
slavery

How regulations are fuelling the battle against modern slavery

In recent years, the international community has intensified its efforts against the scourge of modern slavery.
SOF

Unraveling the mystery of SOF and SOW in anti-money laundering strategies

Alessa recently outlined the key definitions of the Source of Funds (SOF) and the Source of Wealth (SOW) in the world of finance. 

Innovative Solutions in Banking: Using AI and Automation to Combat Fraud

In an era where banking technology evolves at a rapid pace, a certain bank has taken significant strides by deploying its core banking applications...
BlueMatrix

BlueMatrix secures significant growth investment from Thoma Bravo

BlueMatrix, an investment research technology firm, has announced an investment from Thoma Bravo, a software investment company.
fraud

Combatting serial fraud in the digital age: A deep dive into financial crime

In a recent whitepaper by Resistant AI, the firm outlined the threat of serial fraud and how to combat financial crime.
Andaria

Andaria joins forces with Mastercard to revolutionise embedded finance

Andaria has recently announced its collaboration with the global financial services giant, Mastercard to revolutionise embedded finance. 
Oman

PayMate joins forces with National Bank of Oman to digitise B2B transactions

The National Bank of Oman has entered into a strategic partnership with PayMate India SPC, a prominent B2B digital payments company.
cyber

Palo Alto Networks reveals alarming cyber gaps in banking and insurance

In a study by Palo Alto Networks and IDC Research, the state of cyber resilience across EMEA has been brought into sharp focus.

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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