Industry News

Propeller

Propeller lands $6.4m seed investment

Propeller, a US-based InsurTech, has raised $6.4M in seed funding led by a consortium of industry partners.
Navigating the EU AI Act: A strategic guide for AML and fraud prevention in banking

Navigating the EU AI Act: A strategic guide for AML and fraud prevention in...

The upcoming Artificial Intelligence (AI) legislation, notably the European Parliament's Artificial Intelligence Act, is poised to redefine the regulatory landscape for financial institutions. Touted...
Qatar

Qatar makes green finance splash with $2.5bn bond debut

Qatar has made a significant entry into the realm of green finance with its inaugural issuance of $2.5bn in green bonds.
BankingON

BankingON bags funding to introduce Boucoup for family finance in credit unions

BankingON, a prominent name in the FinTech sector, has recently successfully concluded its Series A funding round.
TNFD

TNFD rolls out pivotal framework for nature-related financial disclosures

The TNFD has unveiled its final recommendations for reporting on nature and biodiversity-linked risks and opportunities.
Harnessing AI for compliant communication ahead of FCA's Consumer Duty

Harnessing AI for compliant communication ahead of FCA’s Consumer Duty

The UK's Financial Conduct Authority (FCA) recently released a ten-point checklist for companies in anticipation of the new Consumer Duty regulation set to be enforced on July 31, 2023. This regulation marks a pivotal shift in the regulatory landscape, impacting both new and existing services and products available for sale or renewal.
Overcoming Regulatory Reporting Challenges with MAP FinTech

Overcoming Regulatory Reporting Challenges with MAP FinTech

As the clock ticks down to the adoption of the revised EMIR reporting standards in the EU (April 29, 2024) and the UK (September 30, 2024), understanding and complying with these expanded obligations is crucial.
Upp.

London-based FinTech Upp. bags €9.1m in seed funding

Upp., a burgeoning technology firm based in London, uses AI and ML to redefine online marketing and sales methods for retailers.
Nationwide-partners-Human-API-to-improve-life-insurance-buying-experience-using-digital-health-data

Nationwide teams with Human API to leverage digital health data

Insurance carrier Nationwide has partnered with health data platform Human API in a bid to improve the life insurance buying experience by maximising the use of digital health data.
onboarding

How to unleash the true potential of your client onboarding programme

If a firm is looking to hold a competitive edge, it is vital they oversee a successful client onboarding programme.

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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