Industry News

Old-Mutual-and-covergo-to-drive-digital-insurance-across-africa

Old Mutual and CoverGo to drive digital insurance across Africa

Old Mutual, a pan-African financial services group, has partnered with CoverGo, a global no-code insurance SaaS platform for P&C, health, and life, to drive digital insurance transformation across Africa.
Zendrive-partners-with-progressive-on-its-mission-to-make-roads-safer-to-offer-personalised-auto-insurance

Zendrive partners with Progressive to make roads safer

Zendrive, a company on a mission to make roads safer with data and analytics, has partnered with insurance carrier Progressive to expands its Insurance Qualification Lens (IQL) programme.
What-is-the-single-customer-view-in-insurance-Quantexa

What is the insurance single customer view?

According to data and analytics software company Quantexa, insurers are taking on a single customer view strategy, however there are different interpretations of what this means.
smart-communications-names-anthony-bennett-as-cio

Smart Communications names Anthony Bennett as CIO

Smart Communications, which helps companies engage in meaningful customer conversations, has named Anthony Bennett as its new chief information officer.
How-Scanbot's-SDK-scanner-levels-up-the-insurance-experience-i=documents-smooth-digital-processes

How the Scanbot Document Scanner SDK levels up the insurance experience

Insurance company SWICA turned to Scanbot SDK in a bid to provide its customers with smooth digital processes for transferring recovery documents within its mySWICA app.
Climate change, cost of living & geopolitics among top points at Davos

Climate change, cost of living & geopolitics among top points at Davos 2023

Leaders of governments, businesses and NGOs met last week at the World Economic Forum, which was hosted in Switzerland. Topping their concerns were climate change, cost of living and geopolitics.
FCO

Germany’s FCO begins anti-trust investigation into PayPal

German antitrust watchdog the Federal Cartel Office (FCO) has begun an investigation into PayPal to examine whether it is using its power to restrict market competition.
Eventus

Crypto firm Deribit taps Eventus for Validus platform

Cryptocurrency derivatives exchange Deribit has selected Eventus’ Validus platform to provide market abuse monitoring on the exchange.
climate

US Federal Reserve unveils climate risk exercise for big banks

The US Federal Reserve has released details for its first climate scenario analysis exercise for the six largest US banks.
digital-life-insurer-for-modern-families-secures-funding

Insurer for “modern families” Dayforward acquires Commercial Travelers and bags $25m

Dayforward, a digital life insurance company built for modern families, has acquired Commercial Travelers Life Insurance Company and secured $25m of funding.

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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