Industry News

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What are the hidden costs of the ‘toggle tax’ in FinTech?

In the rapidly evolving landscape of FinTech, the concept of the "toggle tax" has emerged as a significant challenge for organisations worldwide.
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Generali UK selects Supercede as its reinsurance technology provider

Generali UK has partnered with reinsurance software provider Supercede, as its reinsurance technology provider.

FloQast clinches $100m in Series E funding to bolster accounting tech innovation

FloQast, a provider in the finance and accounting operations platform space, has successfully concluded its Series E funding round.
Munich-re-and-insurtech-PSG-set-out-to-transform-life-insurance-underwriting

Munich Re and InsurTech PSG set out to transform life insurance underwriting

Munich Re has partnered with InsurTech Paperless Solutions Group (PSG) to launch a risk assessment and e-application solutions to transform life insurance underwriting.
ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy secures $5m in Series A to revolutionise health insurance claims

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.
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Workers’ comp insurance American Equity Underwriters selects CLARA

The American Equity Underwriters (AEU), a provider of workers’ compensation insurance for waterfront employees, has selected CLARA Analytics to leverage technology for better results.
AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Bloomberg

Bloomberg enhances SFDR solution to boost ESG coverage

Bloomberg’s SFDR solution has launched a new dashboard that enables fund managers to pick and track ESG-aligned indicators.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.
Trustle

Cloud access management enterprise Trustle secures $6m seed

Trustle, a provider of cloud access management solutions, has raised $6m from a seed funding round headed by Glasswing Ventures.

News Stories

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).
AI

How AI is driving transformation in the financial services space

Since the onset of AI adoption, the financial services market has been rapidly adjusting to new opportunities and challenges posed by the technology. As...
Bank of London

The Bank of London announces leadership overhaul with Stephen Bell as CEO

The Bank of London, a rapidly growing financial institution, today announced a significant leadership transition.

The high cost of cybersecurity breaches on corporate reputation

Cybersecurity breaches pose a grave threat not only to immediate data security but also to the long-term reputation and financial stability.

IFC launches ClimaLab to bolster climate risk management in European FIs

The International Finance Corporation (IFC) has launched ClimaLab, a comprehensive initiative designed to empower European financial institutions in effectively managing climate-related risks.

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