BIO-key International prices public offering at $3.75m
BIO-key International, an avant-garde in workforce and customer Identity and Access Management (IAM) solutions, recently announced the pricing details of its latest public offering.
Fineksus revolutionises AML compliance with new Inspector API launch
Fineksus, a trailblazer in the FinTech sector, has launched the Inspector API, offering an advanced, cost-effective solution for Anti-Money Laundering (AML) Name Screening.
WealthTech Prosper successfully secures £800,000 from Crowdcube investors
Prosper, a WealthTech startup, has successfully reached its £800,000 funding goal on Crowdcube, even before opening up to public investment.
Stripe sees valuation cut by 11%
Stripe, the US-based PayTech giant, has reportedly seen its valuation cut by 11% and now sits at $63bn.
Nikhil Rathi outlines new regulatory approaches to Big Tech’s influence in finance
In a key announcement, FCA CEO Nikhil Rathi has highlighted the crucial role of Big Tech companies in enhancing financial services.
The rebranding of insurance claims: how insurers are modernising a once antiquated process
Insurers are finding themselves on the cusp of an innovative overhaul, specifically with regard to the claims journey - a process historically plagued by complex systems and lack of transparency, but now being redefined by advancing technology and evolving customer expectations.
Klar secures $100m debt facility from Victory Park Capital
Digital financial services platform Klar has announced that it has secured a $100 million credit facility from Victory Park Capital.
Australian firm Fivecast secures $20m in Series A
Fivecast, an open-source intelligence software firm, has closed its Series A funding round and has raised $20m.
Is AI’s use in transaction monitoring changing?
AI’s use in transaction monitoring has not always been welcomed, but the market is changing, and it is quickly becoming core to these processes.
Cost-of-living pressure driving up fraudulent claims, Zurich says
Zurich Insurance Group (Zurich) has reported a 31% increase in fraudulent property insurance claims in 2022 and a 7% rise in fake casualty claims.
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