Industry News

Credgenics

Debt recovery SaaS leader Credgenics secures $50m in Series B

Credgenics, a debt collections SaaS platform specialising in digitising the loan collection process, has raised substantial funding of $50m. 
Intellect

Rob Manders joins Intellect Design Arena’s growth advisory board

FinTech firm Intellect Design Arena has recently welcomed Rob Manders to its growing Growth Advisory Board.
new-twitter-scam-is-stealing-cryptocurrency

New Twitter scam is stealing cryptocurrency

A new spam campaign is spreading across Twitter and is stealing cryptocurrency of affected users.
Transaction value of recurring payments to exceed $15trn by 2027

Transaction value of recurring payments to exceed $15trn by 2027

The transaction value of recurring payments will exceed $15.4trn globally in 2027, rising from $13.2trn in 2023, according to a report from Juniper Research.
How insurers can optimize claims and retain customers

How insurers can optimize claims and retain customers

Claims represent a pivotal moment in insurance, often determining customer loyalty and future business opportunities. They not only involve the insurer and the customer but also the beneficiary, creating a chance to impress and potentially convert the beneficiary into a new customer. This underscores the importance of a satisfying service process during claim handling.
Regnology

Clearstream and Regnology link to transform regulatory compliance with Rcloud

Clearstream, a central securities depository providing global post-trade services, has partnered with regulatory reporting firm Regnology.
Nomura

Nomura leads $1bn investment into Prismic Life Reinsurance

Nomura has disclosed its equity investment in Prismic Life Reinsurance, a Bermuda-based life and annuity reinsurance platform.
Australian

Exploring Australia’s AML reforms: Napier AI’s take on simplifying compliance

The Australian Government recently unveiled a consultation aimed at overhauling its AML and CTF strategies.
Australian

Australian firms required to disclose climate impact from 2024

The Australian government plans to implement mandatory climate-related financial disclosure requirements from 2024.
Floodlight

Business account for ecommerce firm Floodlight bags $6.4m

Floodlight, a smart business account for ecommerce, has raised $6.4m in a seed funding round headed by Aleph.

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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