Revolutionizing asset management: Aiviq’s data transformation capabilities
Asset managers are increasingly recognizing the importance of judicious investment in differentiators to drive AUM growth. WealthTech company Aiviq, has observed that due to...
FCA slaps fines on three money transfer firms for violating competition law
The Financial Conduct Authority (FCA) has recently imposed significant fines on three money transfer firms for violating competition law.
Canopius to offer auto coverage in US Virgin Islands
Canopius Group, a global specialty reinsurer, and Theodore Tunick and Marshall & Sterling, a broker for all lines of business and personal insurance, will offer admitted auto coverage to personal and commercial insureds in the US Virgin Islands in agreement with Samsung Fire and Marine Insurance (SFMI).
PropTech start-up Picket lands $20m Series B financing
Picket, a firm that provides technology and services for residential real estate investing, has completed a Series B worth $20m.
Moody’s unveils sanctioned securities screening tool for asset managers
Moody’s has launched a sanctioned securities screening capability aimed at enhancing investment decision-making workflows.
SellersFi’s expansion backed by $300m credit facility from Citi and Fasanara
SellersFi, a global leader in the FinTech sector, has recently announced a new US credit facility amounting to $300m.
How wealth management firms can get ready for generative AI
Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.
German FinTech Moojo launches insurance for freelancers
Moojo, a FinTech startup which helps freelancers and creators streamline their invoicing processes, has launched a new product in partnership with Hiscox Germany.
Web3 firm Cubist lands $7m in seed raise
Cubist, a security-focused Web3 dev tools provider, has scored $7m in a seed funding round headed by Polychain Capital.
Veritas Capital eyes BlackBerry in cybersecurity shake-up
Prominent cybersecurity firm SentinelOne and veteran tech company BlackBerry are at the centre of recent acquisition discussions.
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