Industry News

audit

Key indicators of internal audit maturity

Internal audit teams often play a massive role in ensuring that a firm’s governance, compliance and risk management processes are operating at optimal level.
yeekatee

yeekatee receives $1.9m in pre-seed financing

yeekatee, an investing social network, has scored $1.9m in a pre-seed funding round backed by a co-founder of WealthTech firm Avaloq.  
GDPR fines totalled €2.9bn last year

GDPR fines totalled €2.9bn last year

European data regulators deployed €2.92bn in GDPR fines last year, a year-on-year increase of 168%, according to a survey from DLA Piper.
80%-of-firms-have-availability-gap-with-their-systems

80% of firms have availability gap with their systems

Four out of five organisations have an ‘availability gap’ between how quickly they need their systems to be recoverable and how quickly IT can bring them back.
Swiss-Re-welcomes-group-chief-investment-officer

Swiss Re welcomes group chief investment officer

Swiss Re, provider of reinsurance and insurance, has appointed Velina Peneva as group chief investment officer and member of the group executive committee.
Sentinels

Sentinels unveils new transaction monitoring platform

RegTech firm Sentinels has launched a new platform solution designed to help financial institutions detect and eliminate financial criminality faster.
Kin-insurance-expands-into-south-carolina-home-insurance

Kin Insurance expands into South Carolina

Kin Insurance, a direct-to-consumer home insurance company, has expanded its coverage into South Carolina.
Dynatrace

Leeds Building Society taps Dynatrace to monitor its tech stack

Leeds Building Society has picked Dynatrace to boost the reliability and performance of its digital savings, mortgage and investment services.
Parametric-insurer-FloodFlash-launches-US-market

Parametric insurer FloodFlash launches in US

FloodFlash, a parametric flood insurance company that pays catastrophic floor claims fast, has entered the US insurance market.
Sensible-Weather-climate-technology-insurance-company-closes-strategic-investment-to-expand-solutions-to-golfers

Climate InsurTech Sensible Weather closes investment to bring solution to golfers

Sensible Weather, a climate technology insurance company focused on helping consumers understand climate, has closed a strategic investment to help it expand its solutions.

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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