Industry News

iDenfy unveils new automated utility bill verification to enhance KYC compliance

iDenfy, a Lithuania-based software provider, specializes in identity verification and fraud prevention. Established with a commitment to technological innovation, iDenfy recently announced its new...
% of banking customers miss human interaction

46% of banking customers miss human interaction

Foolproof's new research reveals a rising demand for more humanised banking experiences. Nearly half (46%) of banking customers surveyed crave human interaction, and 29% desire more high street branches.
MagMutual-insurance-acquired-mdadvantage-insurance-company

MagMutual Insurance acquires MDAdvantage Insurance

MagMutual Insurance Company, a provider of medical professional liability insurance, has completed its acquisition of MDAdvantage Insurance Company of New Jersey.
Enhancing Zoom with Theta Lake: A leap in compliance and security

Enhancing Zoom with Theta Lake: A leap in compliance and security

Theta Lake's collaboration with Zoom, which started in 2018, has been pivotal in elevating compliance and security standards for Zoom’s unified communications (UC) platform.
pKYC

Revolutionising banking with pKYC: The future of client verification

In a recent post by Encompass Corporation, the company asked whether pKYC (perpetual KYC) will replace traditional KYC refresh processes?
sanctions

Navigating the complexities of sanctions compliance in the global financial sector

In an increasingly interconnected world, economic and trade sanctions serve as powerful tools wielded by governments and organisations.
UK tops global list for shell company risks, new Moody’s Analytics research reveals

UK tops global list for shell company risks, new Moody’s Analytics research reveals

The United Kingdom has emerged as the global hotspot for shell company risks, according to the latest interactive research unveiled by Moody’s Analytics.
Deciphering the CSRD/ESRS: A CFO's guide to sustainable financial reporting

Deciphering the CSRD/ESRS: A CFO’s guide to sustainable financial reporting

The evolving role of Chief Financial Officers (CFOs) now encompasses the realm of mandatory ESG reporting. As the responsibility for ensuring sustainable reporting standards falls on the shoulders of the CFOs, understanding the intricacies of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS) becomes paramount.

AIIB launches groundbreaking $300m digital bond with Euroclear

Euroclear has announced a major milestone with the Asian Infrastructure Investment Bank (AIIB) issuing its first digitally native note.
open

UK government advances towards Open Banking payments for public services

The UK Government has revealed its plans to delve into the use of open banking to foster digital payments across various public services.

News Stories

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.

InsurTech Korint lands €5m to drive insurance digitalisation

Korint, a rising InsurTech company, has secured €5m in a funding round to boost the rate of digital transformation within the insurance industry.
The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.

Reinsurance innovator Demex Group raises $10.25m in Series A

The Demex Group, a risk analytics and intelligence company specialising in stop-loss reinsurance protection, has secured $10.25m in funding through a Series A and previous SAFE round.
Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

Insurity and Gain Life to offer AI-driven claims communication for insurers

Insurity has partnered with Gain Life to become the first major claims system to offer a fully integrated claims communication platform.

New FCA regulations set to enhance UK financial services sector

The UK's financial services sector is set to reap significant benefits from the FCA's enhanced performance in its authorisation processes.
First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

First Connect partners with Root Insurance to launch API-powered auto insurance platform for agents

First Connect Insurance Services has announced a new partnership with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents.

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