Industry News

LlamaIndex, a data framework designed for LLMs, has announced that it has successfully raised £8.5m in a seed funding round.

Customer Due Diligence, or CDD, plays a pivotal role in the realms of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF).

Green Check Verified, a cannabis banking solutions firm, has acquired Komplyd, a CaaS platform targeting the cannabis industry.

Banking as a Service (BaaS) has been celebrated as a significant catalyst within the European FinTech industry, driving its influence on a global scale. Napier AI, which offers a financial crime compliance solution, recently explored why a risk-based compliance approach is vital for BaaS. 

Finfra, a platform for businesses seeking to launch white-labelled lending services in Indonesia, has disclosed a successful funding round.

Rich Data, an Australian-based AI decisioning platform for business and commercial lenders, has recently secured a $9m investment.

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.

The FRC, in collaboration with a cross-regulatory group including the FCA, Companies House, HMRC, and the Charity Commission for England and Wales, has unveiled...

ACA has launched a new offering that enables investment firms to outsource their performance measurement and reporting functions.

In an exciting development for UK innovation, Science Card has introduced a novel financial platform designed to fuse consumer spending with scientific progress.