Industry News

Insurity and GeoX: Revolutionising risk assessment with AI and geospatial data

Insurity, a front-running supplier of cloud-based software and analytics designed for insurance carriers, brokers, and MGAs, has announced its alliance with GeoX, a global leader in property intelligence.
Navigating the AML compliance journey: When is it time to hire an AML Officer?

Navigating the AML compliance journey: When is it time to hire an AML officer?

Today, the growing complexity of financial operations coupled with an ever-evolving regulatory landscape has magnified the importance of AML compliance in businesses. Especially in FinTech companies, the timing to bring an AML Officer on board is pivotal to the firm's overall trajectory.

Hourly.io teams up with Nationwide to revamp workers’ comp with real-time data

Hourly.io, an ambitious startup aimed at revolutionising the workers' comp landscape for businesses employing hourly and mobile workers, has forged a strategic partnership with Nationwide, a prominent provider of insurance and financial services.
Evertas

Evertas bolsters crypto insurance coverage with Bitsure acquisition

Evertas, a digital asset insurance provider, has announced the acquisition of Bitsure, a pioneering insurer for crypto mining operations.

Transforming corrupt cash flows: A look into the world of RegTech with Transparency International

Fenergo FinTalks podcast has released its latest episode where it aims to offer the newest insights into the world of RegTech, compliance, and anti-money laundering (AML).
Leveraging AI for business transformation: Quantiphi's innovative approach

Leveraging AI for business transformation: Quantiphi’s innovative approach

Artificial intelligence (AI) has captured people’s imagination for decades. Sci-fi movies have often placed technology at their centre, depicting both potential utopias and dystopias of human life. In recent years, remarkable strides in AI have brought us closer than ever to a future where it seamlessly integrates into our daily lives. Yet, we are merely scratching the surface of what lies ahead.

Revolutionising mutual fund categorisation with machine learning

Investment companies employ a variety of techniques to recommend mutual funds to their customers.
Consumer Duty

How will the introduction of Consumer Duty change RegTech?

After over a year since it was announced, the Consumer Duty regulation has finally come into effect in the UK this week.
AI

Navigating the complexities of AI adoption in the AML space

In a recent post by Moody's Analytics, the firm asked three key questions about driving efficiency with AI-powered screening.

Visa launches Apple Pay in Vietnamese market

Visa, a world leader in digital payments, has launched Apple Pay in Vietnam. 

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution