Industry News

Arity, a mobility and data analytics company, is partnering with Connected Analytics Service (CAS), a Toyota affiliate, to provide driving data from connected vehicles to auto insurance carriers to enable policyholder to access usage-based auto insurance (UBI) products.

HawkSoft, an insurance technology developer based in Oregon, has welcomed ValChoice as a new API Partner.

The Monetary Authority of Singapore (MAS) has launched its Finance for Net Zero (FiNZ) Action Plan to accelerate their plans toward net zero.

A study by Bain & Company and EcoVadis has found ESG activities correlate with stronger financial profitability and growth.

ERM, a pure-play sustainability consultancy, has partnered with climate accounting firm Persefoni to accelerate the path to net zero.  

Waave, a Syndey-based FinTech that uses open banking technology, has raised $4.7m in a seed round backed by key angel investors.

FiVerity, a creator of an anti-fraud collaboration platform, has raised $4m in a seed funding round headed by Mendon Venture Partners.

Certn, an online background checks and identity verification firm, has recently raised $30m in a Series B financing round.

Halcyon, a cyber resilience platform, has scored $50m in a Series A funding round headed by investor SYN Ventures.

The escalation in compliance failures associated with managing financial crime risks has accentuated the need for regulated businesses to bolster their strategies. The evolution of the risk landscape, marked by the increasing sophistication of criminal networks employing innovative money laundering techniques, raises the stakes for regulatory compliance in 2023.