Industry News

Cryptocurrency trading platform X1 has chosen financial crime prevention specialist Resistant AI to improve its AML checks across its platform.

CLOWD9, which claims to be the world’s first cloud native and decentralised payments processing platform, has named Peter Selman as chairman.

HawkSoft, a provider of management systems for independent insurance agencies, has teamed up with Rocket Referrals to help independent insurance agencies.

Chubb Life Hong Kong and AEON Credit Service Company have launched a distribution partnership to take advantage of cross-sector opportunities across the insurance and retail markets.

KOBA Insurance, an InsurTech MGA, is migrating its insurance programme onto Socotra’s policy platform.

Vixtra, a Brazil-based trade finance FinTech, has raises $3m in a pre-Series A funding round led by Valor Capital.

Hawk:AI, which offers anti-money laundering (AML) surveillance technology, has partnered with Estonian IT company 42flows.tech, to bring AML and fraud surveillance to more global customers.

Risk Control Technologies (RCT) was founded with the aim of making loss control professional’s lives easier. The company has positioned itself as the leading provider of loss control and safety software to the insurance industry in North America.

The UK’s Financial Conduct Authority (FCA) is seeking comments on the potential competition benefits and harms from Big Techs entering retail financial services sectors.

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