Industry News

Encora-acquires-Excellarate-to-strenghten-capabilities-insurtech-fintech-healthtech

Encora acquired Excellarate to strengthen InsurTech, FinTech and HealthTech

Encora, a global next-generation product engineering provider, has acquired global technology solutions provider Excellarate to strengthen its capabilities in InsurTech, FinTech and HealthTech.

Verituity Secures $18.8M for Payouts

Verituity, a innovator in the realm of intelligent, verified payouts, has successfully closed a significant funding round of $18.8m.
IBM

IBM boosts ESG reporting capabilities with Envizi’s CSRD module launch

IBM has recently unveiled the latest advancements in its ESG data platform, IBM Envizi.
Acre

Mortgage intermediaries platform Acre bags £6.5m

Acre, a mortgage intermediaries platform, has secured £6.5m in funding to grow its tech platform and change the home buying process.
transaction

What is transaction monitoring in 2023?

The traditional focus of transaction monitoring has been to help regulated firms in the banking and finance sector to detect and prevent money laundering.
Visa

Visa investigates auto payments for crypto wallets

Visa researchers have investigated how to enable automatic recurring payments for self-custodial crypto wallets.
Aleph

Aleph debuts with $16.7m to revolutionise financial planning platform

Aleph, described as "the source of truth for finance teams", has unveiled itself, attracting an impressive $16.7m in its latest funding round.
NX Technologies

Automotive payments FinTech NX Technologies bags €11m

NX Technologies, which supports payment processes for the automotive industry, has secured €11m in a Series A raise.
PSR

PSR charts course for enhanced oversight in financial landscape

The PSR has called for views on its supervisory strategy, marking a step in bolstering integrity and resilience of the payment system landscape.
Barclays

Barclays unveils policy to end oil sands companies financing

Barclays has announced a new policy that will substantially limit its financing activities for a range of emissions-intensive energy sectors.  

News Stories

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.
MPower Partners fuels Teamshares' expansion into Japan

MPower Partners fuels Teamshares’ expansion into Japan

MPower Partners Fund, Japan's first ESG-focused global venture capital fund, has recently extended its investment portfolio by funding Teamshares, an innovative employee ownership platform targeting small businesses.

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