Industry News

TransUnion-inflation-squeezing-insurance-market

Inflation squeezing the insurance market, TransUnion says

According to a report from TransUnion, inflation is squeezing the insurance market and impacting consumer insurance shopping. 
Amazon-rolls-out-online-insurance-store

Amazon rolls out online insurance store to streamline home insurance

US e-commerce giant Amazon is rolling out its online insurance store for UK customer shopping for home property coverage.
Facctum launches open access version of its flagship tool

Facctum launches open access version of its flagship tool

Facctum is a RiskTech company specialising in cloud-delivered anti-financial crime technology and has launched an open access search version of its flagship product.
Trive launches multi-asset investment platform

Trive launches multi-asset investment platform

Trive has launched a next generation, multi-asset investment platform that will serve investors across Europe.
FCA urged to better regulate philanthropy advice

FCA urged to better regulate philanthropy advice

The Law Family Commission on Civil Society has called for the UK’s Financial Conduct Authority (FCA) to make philanthropy advice training mandatory for financial advisors.
SMEs

Why lack of technology is holding SMEs back

A recent study by expense management solution TripActions has found SMEs could be losing up to ?25m in extra revenue due to a lack of technology.
ABA-Bank-launches-instant-card-issuance-kiosk

ABA Bank launches instant card issuance kiosk

Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.
96% of SME payments decision makers don't understand payments

96% of SME payments decision makers don’t understand payments

Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
UK-based-motor-home-insurers-suffer-significant-losses-EY

Motor and home insurers to suffer biggest losses in a decade, EY reports

UK-based motor and home insurers will suffer significant losses in 2022 and 2023 due to inflationary pressure and low premium rates, according to a report from EY.
Marsh-acquires-moroccan-insurer-Beassur-Marsh

Marsh cements foothold in Morocco with Beassur Marsh acquisition

Marsh, a global insurance broker and risk advisor, has acquired the majority share in Moroccan insurance broker Beassur Marsh and named the company’s CEO.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

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