Industry News

Revolut's new AI tool fights rising scam epidemic

Revolut’s new AI tool fights rising scam epidemic

Revolut has recently unveiled an innovative artificial intelligence (AI) tool aimed at combating authorised push payment (APP) fraud, a sophisticated scam where criminals deceive individuals into willingly transferring money into fraudulent accounts.
Firms shouldn't switch off unified communication features for compliance - Theta Lake warns

Don’t switch off unified communication tools for compliance

Unified communication tools have transformed how businesses communicate, but they come with greater compliance challenges. Theta Lake director of global marketing Gareth Landers believes the business benefits of unified communication tools outweighs the challenges.
ESG

European Council agrees new mandate on ESG ratings

The EU is taking steps towards enhancing investor confidence in sustainable products with a new set of rules aimed at bolstering the reliability of ESG ratings.

Corvus Insurance unveils AI-driven automation features for enhanced underwriting efficiency

Leading cyber underwriter, Corvus Insurance, recognised for its proprietary AI-driven cyber risk platform, has introduced innovative features driven by artificial intelligence (AI) and natural language processing (NLP) within its Corvus Risk Navigator™.
Bumper

Bumper secures $48m for expanding flexible auto payments in Europe

Bumper, a FinTech firm specialising in automotive payments, has successfully closed a significant $48 million Series B funding round.
etf-investment-investengine-launches

ETF investment service InvestEngine launches second crowdfund

InvestEngine, an Exchange-Traded Fund (ETF) investment platform, has launched a second crowdfunding campaign to capitalise on a strong year of growth.
transaction

eflow Global’s solutions to FCA’s Market Watch 74 transaction reporting concerns

RegTech firm eFlow Global recently took the opportunity to describe how it can provide solutions to key transaction reporting concerns. 
96% of SME payments decision makers don't understand payments

96% of SME payments decision makers don’t understand payments

Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
Metlife-Everest-partner-group-life-insurance-business

Everest enters UK market with MetLife

Global insurer Metlife has partnered with Everest, a funeral planning and concierge service firm, to serve its group life business.
BDC

BDC unveils $150m sustainability-focused tech fund

The BDC has launched a new $150m fund aimed at investing in Canadian firms advancing technologies towards climate goals.

News Stories

CISA steps up AI game with Lisa Einstein as new chief AI officer

The Cybersecurity and Infrastructure Security Agency (CISA) has announced the appointment of its first Chief Artificial Intelligence Officer, Lisa Einstein.
As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.

The key InsurTech trends to look out for in H2 – part one

As we step into the second half of 2024, the InsurTech landscape is poised for significant advancement. Emerging technologies such as AI, machine learning, and large language models are set to revolutionise risk assessment, underwriting, and customer experiences. Meanwhile, there is a growing emphasis on ESG considerations bubbling up under the surface.
Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.

Zurich Australia partners with Tesla to provide exclusive electric vehicle insurance

Zurich Australia, a leading insurance provider, has announced a partnership with Tesla to become the preferred electric vehicle insurance provider for Tesla customers in Australia.
Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution.

Renaissance unveils new supplemental health insurance powered by Ansel Health

Renaissance Life & Health Insurance Company of America is enhancing its group insurance offerings with an innovative supplemental health solution. This new product is powered by...
Thredd, the global next-generation payments platform, has announced that Brian Kieley has joined the organisation as chief client officer, effective immediately.

Thredd welcomes industry veteran Brian Kieley as new chief client officer

Thredd, the global next-generation payments platform, has announced that Brian Kieley has joined the organisation as chief client officer, effective immediately. Kieley will spearhead the...

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