Industry News

ChatGPT revolution Reshaping the future of financial advice

ChatGPT revolution: Reshaping the future of financial advice

Aveni CEO Joseph Twigg and lead NLP engineer Iria Del Rio recently discussed the meteoric rise of ChatGPT and other large language models, the forces that have led us to this point, and what it signifies for the world of financial advice and services.
InScope

InScope secures $4.3m to revolutionise financial reporting and auditing

InScope, a newly launched FinTech company, has successfully raised $4.3m to expand its innovative financial reporting and auditing platform.
Beazley-streamlined-medical-liability-product

Beazley’s streamlined MiscMed product set to revolutionise medical liability insurance

Specialist insurer, Beazley, known for its operations in Europe, United States, Canada, Latin America and Asia, has launched its updated Miscellaneous Medical Liability insurance product, dubbed MiscMed, into the US and London markets.
AI

Harnessing the promise of AI for real-time compliance management

Time-tested, established methods form the backbone of effective compliance programmes, according to AI RegTech Saifr.
atain-leverages-sapiens-technology

Atain leverages Sapiens’ technology for P&C insurance process modernisation

Sapiens International Corporation, a gobal software solutions provider for the insurance industry, has partnered with Atain, a leading property and casualty (P&C) insurance company.
EFRAG

TNFD & EFRAG Standardize Sustainability

The TNFD and the EFRAG have unveiled a comprehensive correspondence mapping between the ESRS and TNFD's disclosures and metrics.
ACA

BlackRock veteran Patrick Olson takes the reins as ACA CEO

ACA Group, a governance, risk, and compliance (GRC) firm within financial services, has announced the appointment of Patrick Olson as CEO.
Monzo introduces groundbreaking security features to combat UK fraud rise

Monzo introduces groundbreaking security features to combat UK fraud rise

Monzo, the leading digital bank in the UK, recently introduced three innovative security controls—Known Locations, Trusted Contacts, and Secret QR Codes—aimed at bolstering fraud...
fraud

Tackling account takeover fraud: Detecting signs and implementing prevention strategies

In a recent post by Alessa, the company detailed how businesses can tackle account takeover fraud and ways to detect signs of it. 
Mastering the underwriting process: How to avoid common pitfalls

Mastering the underwriting process: How to avoid common pitfalls

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.

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.

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