FinTech News

Humn recruits Walsingham Motor Insurance to lower prices

London-based Humn, which provides real-time data-driven fleet insurance, has acquired Walsingham Motor Insurance Limited (WMIL).
Checkk

Standard Chartered backs ID verification firm Chekk

SC Ventures, Standard Chartered’s FinTech investment and ventures arm, has invested funds into Hong Kong-based firm Chekk. 

Polkadot to enable blockchains to share info, collects $139m in ICO

Polkadot, which is looking to enable independent blockchains to exchange information, has raised more than $139m in an on-going auction style ICO.

Greater Than deepens Zurich relationship via Onto agreement

InsurTech company Greater Than is deepening its collaboration with Zurich through an agreement with Onto, the UK's largest all-inclusive electric car subscription service.

Currencycloud appoints CTO and COO to continue rapid growth

Cross-border payments company Currencycloud has bolstered its senior team with the appointment of a new chief operations officer and chief technology officer.
Moody's

Moody’s Analytics unveils hurdles to widespread AI adoption in compliance

A Moody's Analytics study has delved into the adoption of AI in compliance, highlighting the enthusiasm and barriers faced by the industry.

Bó is shutting down just months after launching its criticised app

Months of setbacks seemed to have been too much for the banking app that was once hailed as NatWest’s Monzo killer, with Bó now announcing that it is closing down.

Checkout.com seals Europe’s biggest Series A fintech raise with $230m round

Global payments business Checkout.com has sealed the biggest Series A round in history for a European fintech company through a $230m VC-backed financing.

iDenfy introduces new phone verification product

Identity verification firm iDenfy has unveiled an enhanced version of a phone verification product.

LatAm InsurTech Latú Seguro raises $6.7m

Latú Seguros, a Latin America-based InsurTech, has reportedly raised $6.7m in its pre-seed funding round.

News Stories

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.

$140m BlueVoyant deal steals headlines in this week’s FinTech funding rounds

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.
transaction

The role of AML and transaction monitoring

In a world where opportunities for financial crime lurk in every corner, the need for strong AML and transaction monitoring practices are vital.
In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.

The four pillars shaping the future of risk management

In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.
financial

The future of financial compliance: Agile management through automation

The landscape of financial regulations is ever-changing, posing a significant challenge for compliance in the financial services industry.
The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Why CDR matters for London market brokers

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

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