Industry News

In a recent post by Velexa, the company highlighted the differences between complexity and function relating to AI in WealthTech. 

Amazon, the international e-commerce giant, has forged a partnership with prominent UK insurance providers, Ageas, Co-op, LV, and Policy Expert to to streamline the home insurance purchase process.

US President Joe Biden has announced his selection for the critical role overseeing US cyber warfare and defence.

Market analysis by digital identity security experts ID Crypt Global has found a 9% year-on-year rise in the number of ESG investment funds.

AXA Insurance PCL, a renowned insurance and asset management leader, and CoverGo, the leading global no-code insurance SaaS core platform for health, have announced a strategic partnership aimed at revolutionizing AXA's health insurance ecosystem in Thailand.

AXA Venture Partners (AVP), a global venture capital firm specialising in high-growth, technology-enabled companies, announced the launch of a new strategy, targeting late-stage tech companies with a €1.5bn fund.

Moonfire Ventures, an innovative investment firm integrating artificial intelligence (AI) and venture capital, has successfully raised $115m.

BNY Mellon, a pillar in the world of global investments, has expanded its executive team with the appointment of Meaghan Muldoon.

The Financial Conduct Authority (FCA) has disclosed its findings from a review of 14 fair value frameworks ahead of the Consumer Duty implementation in less than three months. RegTech platform Novatus Advisory has reviewed this and outlined the key takeaways for firms. 

Memcyco, a platform specialising in real-time website impersonation detection and prevention, has closed its seed round on $10m.