FinTech News

FinTech funding continues strong run with over $800m raised this week

There was 22 deals recorded in the FinTech sector this week, with a total of $806.2m raised across all deals. This represented a considerable...

SEC settlement: what investment managers must know

The US Securities and Exchange Commission (SEC) has settled with a Florida-based investment manager over fraud and misleading investor disclosures, serving as a stark...
AI in wealth management: closing the implementation gap

AI in wealth management: closing the implementation gap

Despite widespread recognition of artificial intelligence as the defining technology of our era, the wealth management sector remains caught in a frustrating paradox: ambition...
CaixaBank launches GlobalView wealth aggregator

CaixaBank launches GlobalView wealth aggregator

CaixaBank has launched GlobalView, a financial positions aggregator that allows its wealth management clients to consolidate and analyse holdings across multiple financial institutions through a...
Slash Financial hits unicorn status with $100m Series C

Slash Financial hits unicorn status with $100m Series C

Slash Financial, a San Francisco-based business banking platform, has reached unicorn status after closing a $100m Series C funding round that values the company...

Plata hits $5bn valuation with $405m Series C raise

Plata, a technology-led digital bank operating in Latin America, has closed a $405m Series C funding round at a valuation of $5bn, becoming the...
Horizon Technology Finance backs Stellar Cyber with $25m facility

Horizon Technology Finance backs Stellar Cyber with $25m facility

Horizon Technology Finance Corporation, a Monroe Capital affiliate and specialty lender to venture-backed technology businesses, has extended a delayed draw senior credit facility of...
EBA

EBA launches consultation on supervisory reporting overhaul

The European Banking Authority (EBA), the independent EU body responsible for ensuring sound and consistent prudential regulation across the bloc, has unveiled a sweeping...
The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens of thousands of independent agencies, and a growing volume of licensing and compliance transactions all play a role in how insurance products reach customers.

What the latest data reveals about the US insurance producer landscape

The US insurance distribution ecosystem is one of the largest and most complex financial services networks in the world. Millions of licensed producers, tens...
sanctions

Why traditional sanctions compliance is falling short

Sanctions compliance has entered a new era. A recent webinar hosted by IMTF alongside the Association of Certified Sanctions Specialists (ACSS), titled "A New...

News Stories

UK

UK government backs fintech with new payments package

The UK government has announced a broad package of measures aimed at future-proofing the country's payments sector, unveiled during FinTech Week in London. The package...
Finova

Finova bets on UK talent with new Manchester office

Finova, a leading UK provider of cloud-based mortgage, savings and lending software, has opened a new Manchester office, creating more than 50 roles as...
Detroit-based insurer CoverTree set out to solve a problem that has long slowed insurance distribution: the time and complexity involved in appointing producers.

How Producerflow powers a faster producer onboarding model for insurers

Detroit-based insurer CoverTree set out to solve a problem that has long slowed insurance distribution: the time and complexity involved in appointing producers. In...
K1x

K1x secures $175m to digitise private market tax data

K1x, an AI-native platform for private markets tax data, has closed a $175m growth investment led by Sumeru Equity Partners, with participation from existing...
Labaid InsureTech Company Limited, a Bangladesh-based InsurTech firm, has launched a digital insurance platform aimed at expanding access to insurance services across the country.

Labaid launches multi-line digital insurance platform

Labaid InsureTech Company Limited, a Bangladesh-based InsurTech firm, has launched a digital insurance platform aimed at expanding access to insurance services across the country. The...

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