Industry News

AI-tools-such-as-ChatGBT-to-drive-digital-transformation-of-insurance-industry

AI tools such as ChatGPT to drive digital transformation of insurance, COVU says

Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
uk-fintech-giant-revolut-records-first-full-year-of-profitability

UK FinTech giant Revolut records first full year of profitability

UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
how-ai-is-bolstering-compliance-in-financial-content-creation

How AI is bolstering compliance in financial content creation

Compliance with stringent regulations poses a significant challenge in the FinTech landscape. Saifr has rolled out innovative capabilities to aid in the efficient creation of compliant content.
CSI

CSI taps Hawk AI to boost fraud and AML product offering

CSI, a provider of end-to-end FinTech and RegTech solutions, has partnered with Hawk AI to deliver its latest WatchDOG products.
FedNow

US Fed unveils FedNow, ushering in new era of instant banking transactions

In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.
Encompass

KYC firm Encompass launches pKYC maturity model

Encompass Corporation, a provider of a KYC automation platform, has unveiled its perpetual KYC maturity model.
Chainguard

Chainguard secures $61m for open source software security boost

Software supply chain security front-runner, Chainguard, has announced the completion of its $61m Series B funding round.
Koho

Koho raises C$86m to reinvent banking in Canada

Canadian company Koho, known for its innovative approach to banking, has recently marked a significant milestone by raising C$86m. 
home-insurance-company-kin-pulls-in-extra-$15m-for-series-D-round

Home insurance company Kin pulls in extra $15m for Series D round

Kin, a direct-to-consumer home insurance company has raised an additional $15m in Series D funding, bringing the total raised in the round to $109m.
HSB-munich-re-team-up-schneider-insurance-specialty-insurance-risk-innovation

HSB and Munich Re team up with Schneider Electric for risk innovation

HSB, a provider of specialty insurance and technology services, and Munich Re, have teamed up with Schneider Electric to enable risk innovation.

News Stories

Woli and Paynetics join forces to boost financial literacy for young Europeans

Woli and Paynetics join forces to boost financial literacy for young Europeans

Woli, an Athens-based smart money app, has teamed up with Paynetics to empower financial literacy among children and teenagers.  Woli is revolutionising the way children...
IBSFINtech secures $1.5m in pre-series A funding, aims for global expansion

IBSFINtech secures $1.5m in pre-series A funding, aims for global expansion

IBSFINtech India Private Limited, a leading player in the TreasuryTech sector, has successfully closed a pre-series A funding round of $1.5m.
Slice revolutionises equity management with $7m seed funding

Slice revolutionises equity management with $7m seed funding

Slice has recently announced its emergence from stealth mode with a significant $7m seed funding round. The round was led by TLV Partners, with contributions from...
PRI

Navigating the 2024 PRI reporting cycle: Key updates and strategies for compliance

The PRI has formally announced the initial details of its 2024 reporting framework, marking a crucial development for PRI signatories. Scheduled to open in May...
Digisure, a prominent InsurTech startup recognised for its innovative Protection-as-a-Service platform, has officially ceased operations as of last Friday.

InsurTech Digisure closes its doors

Digisure, a prominent InsurTech startup recognised for its innovative Protection-as-a-Service platform, has officially ceased operations as of last Friday.

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