Industry News

Waada-acquires-MicroEnsure-pakistan-insurance-insurtech

Waada acquires MicroEnsure in a bid to become leading insurer in Pakistan

Waada, a Karachi-based online insurance startup, has acquired MicroEnsure Pakistan, a rival InsurTech company.
BlackRock

BlackRock to begin GenAI implementation in January 2024

Global investment giant BlackRock has announced the forthcoming rollout of generative AI tools to its staff and clients.  
Aflac-forms-joint-venture-Trupanion-to-protect-japans-pets-insurance

Aflac and Trupanion form joint venture to protect Japan’s pets

Aflac Incorporated, a Fortune 500 company insuring more than 50 million people in Japan and the US, has formed a joint venture with Trupanion to provide pet insurance in Japan.
AML

Navigating the complexities of AML data integrity in financial institutions

Flagright recently took the opportunity to explain how financial firms can navigate the complexities of AML data integrity. 
Relay-Ventures-secures-$10m-investment-for-fifth-fund-alberta-enterpise-support-early-stage-companies

Relay Ventures secures $10m for fifth fund to support startups

Relay Ventures has received a $10m investment from Alberta Enterprise for its fifth fund, to support early-stage companies.

How AI can enhance KYC offerings

Whilst the prominence of AI has been rising steadily and strong over the last few years, it hasn't been until 2023 that its position in operational practices has skyrocketed.
how-is-the-cost-of-living-crisis-impacting-insurers-inflation-interest-rates-consumer-finances-coping

How is the cost-of-living crisis impacting the insurance industry?

With eye-watering levels of inflation and increasing interest rates triggering a global cost of living crisis, consumers and businesses are tightening their belts. How is the insurance industry coping?
SentinelOne

SentinelOne bolsters cloud defence with PingSafe acquisition

SentinelOne has announced its agreement to acquire PingSafe, a company specializing in cloud native application protection platforms.
Chubb-expands-euopean-footprint-greece-technology-centre-insurance

Chubb expands European footprint with Greece centre

Chubb, a publicly traded property and casualty insurance company, is to launch a technology services centre in Thessalonki, Greece.
European

Guiding AI development: Four ethical Pillars from the European Commission

In a recent post by RegTech firm Saifr, the firm outlined four ethical principles by the European Commission for developing trustworthy AI.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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