Industry News

Tesla-Insurance-reports-strong-growth

Tesla Insurance reveals strong growth

Tesla Insurance has reportedly revealed its Q4 2022 results which indicate that the business is growing.
regulatory

Are regulatory inefficiencies holding back the UK?

A new report from TheCityUK has found that financial regulatory authorisations at the FCA and the PRA can be slow and inefficient.
Is AI’s use in transaction monitoring changing?

Is AI’s use in transaction monitoring changing?

AI’s use in transaction monitoring has not always been welcomed, but the market is changing, and it is quickly becoming core to these processes.
AI-tools-such-as-ChatGBT-to-drive-digital-transformation-of-insurance-industry

AI tools such as ChatGPT to drive digital transformation of insurance, COVU says

Generative artificial intelligence (AI) tools, such as ChatGPT, will play a significant role in the digital transformation of the insurance industry, according to COVU.
Encora-acquires-Excellarate-to-strenghten-capabilities-insurtech-fintech-healthtech

Encora acquired Excellarate to strengthen InsurTech, FinTech and HealthTech

Encora, a global next-generation product engineering provider, has acquired global technology solutions provider Excellarate to strengthen its capabilities in InsurTech, FinTech and HealthTech.
wealth

BMO Wealth Management picks FactSet as primary data provider

BMO’s wealth management division has chosen FactSet, a global financial digital platform, as its primary market data provider.
Copper

Copper names former UK Chancellor Phillip Hammond as chair

Copper, a provider of institutional digital asset custody and trading solutions, has named former UK Chancellor Phillip Hammond as chair of the company.
ESG-Web3-&-embedded-finance-top-investing-priorities-in-finance

ESG, Web3 & embedded finance top investing priorities in finance

C-suite executives plan to invest significantly into Web3, ESG frameworks and embedded finance during 2023, according to new research from FIS.
Majesco-selected-by-boston-mutual-to-enhance-customer-experience-and-modernise-its-platform

Majesco selected by Boston Mutual to enhance the customer experience

Majesco, a provider of cloud insurance platform software for insurance business transformation, has been selected by Boston Mutual Life to modernise its core platform.
cyber-insurer-trium-cyber-partners-with-origami-risk

Cyber insurer Trium Cyber teams up with Origami Risk

Trium Cyber, a Lloyds’ services company providing cyber insurance, risk management and claims adjudication services, has partnered with Origami Risk.

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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