White Mountains Insurance Group to acquire majority stake in Bamboo Ide8 Insurance Services
White Mountains Insurance Group, Ltd. is set to acquire a majority stake in Bamboo Ide8 Insurance Services, LLC Bamboo, a managing general agent (MGA) specialising in the California homeowners insurance market.
Rain Capital brings in $10m for cybersecurity fund
Rain Capital has raised $10m for a new fund focused on early-stage cybersecurity companies in Silicon Valley.
Travel InsurTech Faye bags $10m in series A to reimagine travel insurance
Faye, a burgeoning travel insurance start-up, has raised $10m in its Series A funding round.
How innovative KYC practices can help financial institutions stand out
Wherever you look in the financial sphere, the competition is fierce. Attention is at a premium in the modern digital world, meaning financial institutions need to find a way to grab this attention with both hands.
Why recent global crises are changing compliance
Compliance is changing. In a world transformed by the pandemic, many companies are now conducting their compliance processes online. However, the continuing upheavals worldwide are altering the way compliance itself is conducted.
N26 outlines preparations for IPO by end of 2022
The CEO of German banking firm N26 has said the firm will be prepared for an initial public offering by the end of this year.
NatWest uses Featurespace’s tech to fight financial fraud
Crime prevention software developer Featurespace has been enlisted by NatWest to protect the bank's customers against fraud.
Raisin Bank to enter payments market through new acquisition
Raisin Bank, a German banking-as-a-service company, is set to enter the payments sector after agreeing to buy a unit of Bankhaus August Lenz.
Fraud detection platform Feedzai forays into the unicorn club after $200m round
AI-based fraud detection firm Feedzai has landed a $200m round of funding with a valuation of over $1bn.
Calamu lands $16m investment to fuel expansion
Calamu, a company that is building technology to help firms recover from ransomware attacks, has bagged $16.5m in funding.