Industry News

Lama-AI-raises-$9m-to-unlock-credit-small-business

Lama AI secures $9m seed funding to unlock credit for small business

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

Bipartisan house bill unveils cybersecurity training initiatives for Americans

A recent House bill, named the Federal Cybersecurity Workforce Expansion Act, aims to significantly enhance the U.S. cybersecurity workforce.
Climate-tech-investment-UK-tech-nation

Climate tech investment in UK set to double in 2022

Investment into UK climate tech is growing exponentially and is set to double in 2022, according to the Climate Tech Report published by growth platform Tech Nation.
Yoii

Japan’s Yoii secures $5.5M Series A led by Emellience Partners

Yoii Inc., a Tokyo-based FinTech company, has recently concluded its Series A funding round, securing approximately $5.5m.  
Most firms see their KYC processes as mediocre at best

Most firms see their KYC processes as mediocre at best

The majority of organisations see the digital sophistication of their KYC approach as mediocre or poor, according to new research from Moody’s Analytics.
AI

Is there a rising challenge of AI-driven cyber attacks for SMEs?

Recent hearings have shed light on the growing concern of artificial intelligence (AI)-enhanced cyber threats, particularly for SMEs. 
83% of IT leaders under pressure for digital transformation

83% of IT leaders under pressure for digital transformation

The majority (83%) of IT leaders in banks, insurers and other financial services providers, are under pressure to deliver digital transformation.
MDP

MDP and Mastercard unveil pioneering carbon calculator in Egypt

Mastercard has collaborated with MDP, a leading financial services provider in Egypt, to introduce an innovative carbon calculator tool. 
Innoveo-rolls-out-digital-underwriting-workbench

Innoveo rolls out Digital Underwriting Workbench solution

Innoveo, a global technology firm, has rolled out its enhanced Digital Underwriting Workbench solutions for property & casualty (P&C) insurance carriers.
KYC

Accelerating KYC automation: Key insights from industry leaders

A recent roundtable discussion hosted by Encompass Corporation has offered valuable perspectives on the evolving KYC landscape.

News Stories

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm secures $6.1m seed funding to enhance enterprise treasury management

Palm, a financial technology firm based in Sweden and the Netherlands, has recently announced a significant milestone in its journey.
MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

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