Industry News

Cytora-and-hdi-global-join-forces-for-digital-risk-processing-insurtech

Cytora and HDI Global joins forces for digital risk processing

Digital risk processing platform Cytora has partnered with HDI Global SE, a commercial and specialty insurer focusing on industrial lines, to expand its presence in the German Market.
Chubb-rolls-out-climate-business-unit-with-leadership-team-appointments

Chubb rolls-out climate business unit with leadership team appointments

Chubb, a publicly traded property and casualty insurance company, has named its new global climate business unit and appointed a leadership team for the unit.
Saudi Arabia-based VC Emkan Capital closes debut fund

Saudi Arabia-based VC Emkan Capital closes debut fund

Saudi Arabia-based venture capital firm Emkan Capital has closed its inaugural fund on $31m, as it looks to back technology startups across GCC and broader MENAP regions.
bnpl-giant-klarna-to-launch-late-fees-in-uk

BNPL giant Klarna to launch late fees in UK

BNPL giant Klarna will reportedly start charging customers for any late payments in the UK, in hopes to curb loan defaults.
Robin AI

Gen AI startup Robin AI secures $10.5m

Robin AI, a generative AI startup, has scored $10.5m in a funding round headed by investor Plural.
Missing financial simulation tools could cost firms customers

Missing financial simulation tools could cost firms customers

 With the current economic situation, if firms fail to offer their customers helpful financial simulation services they could lose customers now or in the next crisis. 
Palo Alto

Palo Alto Networks unveils autonomous security platform

Palo Alto Networks has launched Cortex XSIAM, an AI-driven platform that it claims can revolutionise the way data, analytics and automation are deployed by security firms.
sustainability

What is sustainability reporting and why is it important

In a time where sustainability has become key to the majority of financial companies’ operations, understanding sustainability reporting has become key. In a recent...
ESG

Is ESG the next big legislative battleground?

Despite coming into the corporate lexicon in 2004, ESG remained fairly invisible for over a decade. With the fight for the climate heating up, ESG has become a huge part of the climate change discussion.
Amwins-backs-australian-startup-MGA-incubator-Rhodian

Amwins backs Australian MGA incubator Rhodian

Amwins, a global distributor of specialty insurance products and services, has made a minority investment in Australian start-up MGA incubator Rhodian.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
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.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution