FinTech News

MioTech, an AI-powered sustainability data and solution developer, has closed its Series B+ round, which will help it increase product development efforts.

Assurant, a global business services company that supports, protects and connects major consumer purchases, has launched an embedded insurance platform.

IMA Financial Group has launched IMA Web3Labs, the metaverse’s first insurance and risk management research and development facility.

San Jose-based threat detection and response company Vectra AI raised $130m in a funding round that valued the company at $1.2bn.

Adverse media screening is a grey area. It is not particularly clear if it is a legal requirement, but some banks have been flagged for engaging with illicit people, which a simple adverse media search would have told the bank not to engage that person.

PayTech firm Springque has raised $1.7m from a funding round as it aims towards processing $100m in payment transactions next year.

Understanding the Corporate Sustainability Reporting Directive (CSRD) is the first step towards harmonised reporting. It offers a vast array of disclosure options. Beginning with data collection under the European Sustainability Reporting Standards (ESRS) may seem daunting, but we're here with actionable advice.

Central and Eastern European financial institution PZU has signed a deal to leverage the AI technology of InsurTech platform Tractable to improve its vehicle damage assessments.

FundingSecure, the peer-to-peer lending platform, has entered administration.

The health of the economy is not looking great if you ask financial leaders around the planet and the majority of European ones think this should be cause to delay the UK's divorce from the EU.