Industry News

Resistant AI, a company leveraging AI and machine learning to secure financial services, has declared the expansion of its Series A funding.

AdvantageGo, commercial insurance and reinsurance software provider, has entered into an alliance with InsurTech Zywave.

Descope, a developer-first authentication and user management platform startup, has raised $53m in a seed funding raise.

NatWest Group has entered a strategic partnership with the Vodeno Group to create a new banking-as-a-service (BaaS) business in the UK.

Global wealth management platform FNZ has acquired Fondsdepot Bank, a German platform for trading and custody.

In the ever-changing world of risk management, where the challenges are formidable and constantly evolving, the role of risk executives and their teams is more vital than ever. The cornerstone of this ecosystem, financial crimes compliance, requires not just vigilance but also a forward-thinking approach to innovation.

Lama AI, a business banking technology provider, has raised $9m in seed funding to unlock credit for small businesses.

SecurityScorecard's latest research, centred on the looming Digital Operational Resilience Act (DORA) compliance deadline of January 2025, reveals a disturbing level of third-party and fourth-party cybersecurity breaches among Europe's largest financial institutions.

Sage Intacct is enhancing its position in the global market with significant upgrades to its accounting and financial management software, particularly with the expansion of its AI-driven AP Automation.

In a recent post by Cognitive View, the company provided complaint insights to reduce claims disputes and compliance issues.