Industry News

FinTech’s Role in Reinforcing Broker Value Amidst Rising Insurance Premiums

The UK and global economies are currently grappling with unprecedented inflation rates. Interestingly, the insurance market had a precursor to this trend, with premiums soaring as the world emerged from lockdown.
BIS

BIS Innovation Hub uses AI and data analytics for efficient money laundering detection

The BIS Innovation Hub has found that a number of key tech developments have proven to be superior for detecting money laundering networks.
Mitiga

Samsung Next backs Mitiga in Series A raise

Mitiga, a cloud and SaaS incident response firm, has raised an undisclosed amount in a Series A funding round.
TikTok

EU digital policy head warns TikTok to comply with new rules

The EU’s digital policy chief Thierry Breton has warned TikTok that the app will have to abide by new rules set to take effect later this year.
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.
osapiens

osapiens raises $120m to propel ESG tech leadership

osapiens, an ESG platform and provider of compliance and sustainability reporting solutions, today announced the completion of a $120m Series B.
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.
Avalara's new ChatGPT plugin revolutionises sales tax calculation

Avalara’s new ChatGPT plugin revolutionises sales tax calculation

Avalara, Inc., headquartered in Seattle, is a global innovator in tax compliance automation for businesses of varying sizes. Today, Avalara disclosed the integration of its trailblazing plugin with ChatGPT, a first of its kind endeavour by a tax compliance software provider.
AXA

AXA IM Alts welcomes Laurent Lavergne as global head of sustainability

AXA Group’s alternative investments business, AXA IM Alts, has named Laurent Lavergne as its Global Head of Sustainability.
patient-billing-communications-platform-inbox-health-bags-$22.5m

Patient billing communications platform Inbox Health bags $22.5m

Inbox Health, a patient billing communications platform, has raised $22.5m in Series B funding, bringing its total raised to more than $43m since inception.

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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