Industry News

Lulalend, a South African digital lender catering to SMEs, has finalised a $35 million Series B funding round.

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.

Eventus has announced the broad introduction of Validus AML (VAML) to aid companies in finance and digital assets combat financial crime.

Greenspark, a firm that encourages businesses to take climate-friendly actions, has scored £1m in a seed funding round.

SLK Software, a global technology services firm, and AI company V-Labs, have partnered with CNA Insurance, a US-based insurance provider, to deploy an enterprise-wide AI-led intelligent automation solution.

Lyfeguard has recently launched its FinTech solution in the UK to streamline financial management and planning.

Inszone Insurance Services, a provider of benefits, personal and commercial lines insurance, has acquired Austin Insurance.

The majority of consumers do not trust open banking with their financial data and are cautious about how their data is used, recent research has revealed.

The past year was a time of transformation and technology adoption across the insurance sector. This year, industry leaders are facing new challenges.

As technological innovation and changing customer behaviours continue to disrupt established financial service channels, the bancassurance model is coming under pressure. Pricing sophistication will help bancassurance operators meet the challenges of today.