Industry News

Andesite AI, a McLean, VA-based firm, emerged from stealth mode with a substantial $15.25m in initial funding.

Regulatory change in the banking industry appears to be on the horizon for 2023. Regional banks are already grappling with an intricate web of state, federal, and international compliance obligations.

Super apps have sparked a trend for companies to expand their product suite across verticals. As more companies look to implement financial services, there needs to be a simplified way of implementing new types of products. Stefan Willebrand –founder and co-CEO, and Erik Hagelin, co-CEO, at cloud financial services platform Bricknode - spoke to FinTech Global about why Bricknode was founded and became the building blocks for digital investment and lending products.

Generative AI’s acceptance into the world of wealth management is continuing at a rapid pace. Both WealthTechs and wealth/asset management firms are starting to embrace the technology with new solutions. One such solution is the generative AI assistant, with a number having launched over the past year.

As financial crimes evolve with increasing complexity, the urgency for an integrated approach to AML compliance and investigations is more apparent than ever.

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

Germania Insurance, a leading property and casualty (P&C) insurer based in Texas, and Guidewire, a prominent software provider for the insurance industry, have announced Germania's successful migration of their Guidewire InsuranceSuite self-managed environment to Guidewire Cloud.

Insurance giant Aviva and financial services company Singlife have launched a new accelerator programme to support the growth of InsurTech startups in Singapore.

The Monetary Authority of Singapore (MAS) has announced the commencement of the 8th Global FinTech Hackcelerator.

The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has...