LexisNexis Risk bolsters home insurance with AI solution
LexisNexis Risk Solutions has enhanced its home insurance AI solution to expedite and improve the home insurance underwriting process.
Annual payment value of CBDCs to skyrocket 260,000% in 7 years
The total value of payments through Central Bank Digital Currencies (CBDCs) is expected to reach $213bn annually by 2030, according to a report from Juniper Research.
Relm Insurance teams up with NetDiligence for cyber risk monitoring
Relm Insurance, a specialty insurance carrier serving innovative industries, has partnered with NetDiligence to deliver a suite of cyber risk monitoring solutions to policyholders.
DeFi firm Violet nets $15m, launches compliant decentralised exchange
Violet, a provider of privacy-protective compliance and identity infrastructure for DeFi, has bagged $15m in a funding round.
US regulators close Signature Bank
Signature Bank, which has been a supporter of the crypto industry, has been closed by US regulators in the aftermath of the Silicon Valley Bank collapse.
WealthTech Masttro nets $43m in FTV Capital-led raise
Masttro, a WealthTech firm that manages the wealth of ultra-high-net-worth families, has raised $43m in a growth equity investment.
Web3 firm Cubist lands $7m in seed raise
Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
HSBC buys Silicon Valley Bank UK for £1 to help UK startups
Following the collapse of Silicon Valley Bank (SVB), UK financial institution major HSBC has reportedly acquired Silicon Valley Bank UK (SVB UK) for £1.
How digitalisation can make insurance firms resilient in an inflation-hit economy
Inflation, a pervasive economic phenomenon, is extending its grip across all sectors, including the insurance industry. A projection indicates that the surge in prices...
Clausematch picked to join sixth cohort of investment innovator programme
Clausematch has been chosen to join the sixth cohort of the Investment Association Engine Innovator Programme.