FinTech News

Banks

Banks slow in setting comprehensive net zero goals, report finds

Banks are increasingly integrating climate change into their strategies, with many setting net zero emission targets, a report has found.
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Thoma Bravo acquires payment processor ABC Financial

Payment processing solution provider ABC Financial Services has been acquired by Thoma Bravo for an undisclosed amount.

IDB Bank picks NICE Actimize to bolster AML processes

Autonomous financial crime management company NICE Actimize has been selected by Israel Discount Bank of New York (IDB Bank) to aid its AML processes.

Indonesian InsurTech Fuse extends Series B

Indonesia-based Fuse, which helps consumers buy an array of insurance policies, has reportedly collected an additional $25m in a Series B+ funding round
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Paytronix Systems bags first institutional capital with $65m investment

Customer experience management company Paytronix Systems has netted $65m in an equity investment from private equity firm Great Hill Partners.
Numeral and BNP Paribas team up with Alma to streamline billions in payments

Numeral and BNP Paribas team up with Alma to streamline billions in payments

Numeral, a top payment operations platform for FinTech companies, and BNP Paribas, a leading international bank, have joined forces with Alma, a prominent European Buy Now, Pay Later (BNPL) provider.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
The urgent need for enhanced cybersecurity in digital governance

The urgent need for enhanced cybersecurity in digital governance

In today's digital era, cybersecurity is a cornerstone of effective governance. As governments around the world become increasingly dependent on digital platforms for service...

Student PropTech platform BubbleStudent raises ?430,000

BubbleStudent, a student property marketplace, has raised over ?430,000 on equity crowd funding platform Seedrs.
Benjamin app’s $5.5m seed round fuels expansion into lucrative cash rewards market

Benjamin app’s $5.5m seed round fuels expansion into lucrative cash rewards market

Emerging as a vibrant new player in the FinTech industry, Benjamin Capital Partners has recently closed a significant seed funding round.

News Stories

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

How Simplifai can step-up your insurance claims management

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 
US RegTech funding growth Q2 2024 driven by $100m deals Norm AI $27m Series A

US RegTech funding grew by 15% in Q2 driven by deals over $100m

Key US RegTech investment stats in Q2 2024: US RegTech investments grew by 15% as larger deals increase due to increasing regulatory complexity and...
As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

How actuaries shape insurance strategy

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.
Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, has teamed up with Oakbrook, a prominent non-bank provider of consumer lending solutions.
Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis, a Continuous Controls Monitoring (CCM) firm based in London, has announced a strategic partnership with Archer, a global pioneer in integrated risk management.

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