Industry News

CFPB

CFPB puts forward rule to rein in credit card late fees

The Consumer Financial Protection Bureau (CFPB) has proposed a rule to curb excessive credit card fees that cost US families around $12bn a year.
what-wealth-managers-should-know-before-using-gamification

What wealth managers should know before using gamification

Gamification can bring a level of excitement and greater engagement to financial services, but it can delude users about the risks of investing.
Digital injection attacks 5-times more common than presentation attacks

Digital injection attacks 5-times more common than presentation attacks

Digital injection attacks, where criminals bypass video biometrics with synthetic imagery, are now five times more common than presentation attacks, i.e. wearing a mask or showing a photo.   
Broker-buddha-joins-forces-with-herald-for-quoting-solution

Broker Buddha joins forces with Herald for quoting solution

Broker Buddha, a client digital engagement platform for insurance agencies, has partnered with Herald, which builds digital infrastructure for commercial insurance, to offer carrier quoting panels.
Betterview-insurtech-partners-with-true-flood-risk-to-give-insurers-more-actionable-view-of-flood-risk-data

Betterview joins forces with True Flood Risk for flood risk data

Betterview, an InsurTech that provides property risk intelligence, has partnered with True Flood Risk to give insurers an actionable view of flood risk.
Euopean-insurer-MS-Amlin-selects-sapiens

European insurer MS Amlin selects Sapiens

Sapiens International Corporation, a global provider of software solutions for the insurance industry, has been selected by European insurer MS Amlin Insurance.
Coterie-selects-Relativity6-to-strengthen-underwriting-automated

Coterie Insurance selects Relativity6 to strengthen underwriting

Coterie Insurance, the small business insurance disruptor with an automated underwriting engine, has selected Relativity6’s API to strengthen underwriting.
The-Paladin-grou-and-dais-technology-launch-underwriteGPT-AI-underwriting-tool-for-insurance-industry

The Paladin Group and Dais Technology launch UnderwriteGPT

The Paladin Group, an InsurTech digital brokerage, and Dais Technology, an insurance technology provider, have unveiled UnderwriteGPT – a generative AI underwriting tool.
Green

European Commission unveils Green Deal Industrial Plan

The European Commission has launched its Green Deal Industrial Plan, a series of strategies aimed at boosting the competitiveness of Europe’s net-zero industries.
Will BNPL thrive or fail in high interest, high inflation market?

Will BNPL thrive or fail in high interest, high inflation market?

Buy now, pay later (BNPL) providers have thrived in a low interest and inflation market. As the market shifts the other way, will BNPL be in a fight for survival?

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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