Thomson Reuters closes acquisition of tax automation firm SurePrep
Thomson Reuters has revealed it has officially closed the acquisition of SurePrep, a tax automation software and services firm, for $500m in cash.
Federal bank regulatory agencies issue statement on crypto
Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.
Northstar Group holds first close for new fund aimed at Indonesia
Singaporean venture capital firm Northstar Group has reportedly hit the $90m first close for its fund with a brand-new investment strategy.
US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
Twig widens market footprint with Vybe acquisition
Twig, a firm based on circular economy principles, has snapped teen banking services provider Vybe Technolgy for an undisclosed fee.
How AI can find the unknown needle in the haystack
Talk of artificial intelligence was once an exciting prospect. The idea of bringing a hallmark of sci-fi fantasies into the real world sparked a lot of enthusiasm. While systems might not quite be on the same level as HAL from 2001: A Space Odyssey, the technology has brought a lot of changes to how businesses operate.
Blink’s parametric claims step up amid travel chaos in US
InsurTech Blink Parametric protected over 60,000 Canadian and US travellers over the holiday period, which saw severe travel disruption as a result of weather conditions.
Evertree Insurance in Gnade take-over
Evertree Insurance, an omni-channel personal lines insurance distribution platform, has acquired Gnade Insurance Group.
Why cybersecurity is so important for financial institutions
A recent whitepaper by cybersecurity firm Yobah has explored the importance of cybersecurity and threats for financial services firms.
Remittance company Servicio UniTeller hit with $700k fine
The Consumer Financial Protection Bureau (CFPB) has ordered international remittance company Servicio UniTeller to pay a $700,000 penalty.
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