Industry News

Rippling

Workforce management leader Rippling raises $200m at $13.5bn valuation

Rippling, a renowned player in the workforce management software sector, has successfully closed a substantial $200m funding round.
Munich-re-and-insurtech-PSG-set-out-to-transform-life-insurance-underwriting

Munich Re and InsurTech PSG set out to transform life insurance underwriting

Munich Re has partnered with InsurTech Paperless Solutions Group (PSG) to launch a risk assessment and e-application solutions to transform life insurance underwriting.
Cybsafe

Parents prioritise online safety education when choosing children’s banks

A study conducted by CybSafe, the human risk management platform, has shed light on parents' priorities when selecting banks for their children.
exposed

Do most people know what a Politically Exposed Person is?

Research by Moody’s Analytics reveals a lack of public awareness about Politically Exposed Persons (PEPs) and the associated risks.
Global instant payments set to hit $58tn by 2028, outpacing card transactions

Global instant payments set to hit $58tn by 2028, outpacing card transactions

Instant payments, where funds are received in 10 seconds or less and payment confirmation is available within a minute, are poised to redefine the financial transactions landscape.
Navigating CSRD compliance: Mastering the gap analysis process

Navigating CSRD compliance: Mastering the gap analysis process

The Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in corporate governance, requiring over 50,000 companies to disclose their sustainability practices transparently. This initiative aims to integrate sustainability into the strategic core of businesses, enhancing transparency across the European Union.
Metaverse

Are UK banks abandoning investment in the metaverse?

The allure of the Metaverse seems to be waning among UK banks, according to a new report from Hexaware Mobiquity.
Waave

Aussie FinTech Waave locks in $4.7m seed

Waave, a Syndey-based FinTech that uses open banking technology, has raised $4.7m in a seed round backed by key angel investors.
Finboot

Finboot secures fresh investment to advance supply chain sustainability

Finboot, a leading provider in the supply chain technology sector, is proud to announce the successful first close of its latest funding round.
3S Money

3S Money teams with RegTech Know Your Customer to refine KYB processes

3S Money, a cross-border payments platform, has partnered with Know Your Customer to revolutionise KYB industry procedures. 

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.

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