Industry News

From stagnation to transformation: How pricing reshapes the digital landscape for specialty insurers

Digital transformations have spurred exponential profitability across various sectors including ridesharing, retail, banking, and travel. However, according to hyperexponential, despite being a data-rich sector, the insurance industry has been slower in achieving this level of growth.
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.
Unlocking the power of free OSINT tools for robust AML operations

Unlocking the power of free OSINT tools for robust AML operations

Understanding the potency of Open Source Intelligence Tools (OSINT) is crucial for risk management in today's tech-savvy world. Sigma Ratings recently outlined eight free OSINT tools that could be pivotal in streamlining your risk and compliance workflows.

Marsh McLennan’s Guy Carpenter Secures Israeli Market with Re Solutions Purchase

Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.
The Radical Fund's $40m climate tech fund targets early-stage SEA startups

The Radical Fund’s $40m climate tech fund targets early-stage SEA startups

Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.

AI innovators ZestyAI and Coterie Insurance team up to revolutionise underwriting process

Today, an exciting partnership has been unveiled between ZestyAI, a pioneering force in climate and property risk analytics backed by artificial intelligence (AI), and Coterie Insurance, an insurtech company highly focused on establishing partnerships and renowned for their innovative use of data and technology in the small business insurance sector.
Overcoming Regulatory Reporting Challenges with MAP FinTech

Overcoming Regulatory Reporting Challenges with MAP FinTech

As the clock ticks down to the adoption of the revised EMIR reporting standards in the EU (April 29, 2024) and the UK (September 30, 2024), understanding and complying with these expanded obligations is crucial.
ESG

ESG tops CFO investment priority despite near-term budget cut threats

ESG investment was the top long-term investment priority for CFOs, even though it is the most likely area to experience budget cuts.
funding

Did you hear about these 33 funding rounds this week?

There were 33 funding rounds in the FinTech space this past week, with the biggest deal seeing a whopping £345m investment for business credit...

Bank al Etihad enlists Swiss FinTech NetGuardians to combat fraud risks

NetGuardians, an award-winning Swiss FinTech company, and Bank al Etihad, a premier Jordan-based banking institution, have announced a strategic partnership to combat financial fraud.

News Stories

Solid week for FinTech deals with 28 recorded

A total of $459m was raised across all the FinTech deals that were recorded this week by FinTech Global.  Leading the way of all the...
Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand spearheads zero-fee B2B payments network expansion into Canada

Paystand, renowned for its blockchain-enabled B2B payments, is extending its zero-fee network to Canada, enhancing the scope of its services beyond the initial limited offering since 2018.
Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust joins forces with Grass to revolutionize AI data collection

Hex Trust, a prominent digital asset solution provider catering to institutional finance and the Web3 ecosystem, has announced a strategic partnership with Grass.
Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq and Zürcher Kantonalbank launch innovative digital asset service

Avaloq has introduced its cutting-edge digital asset platform at Zürcher Kantonalbank (ZKB), one of Switzerland's premier banking institutions, in collaboration with Fireblocks.
Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq and Mastercard collaborate to transform payment technology in Saudi Arabia

Barq, a pioneering FinTech startup from Saudi Arabia, has joined forces with the global financial services giant, Mastercard.

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