Partnerships

SiriusPoint turns to RiverStone to streamline legacy exposure

SiriusPoint turns to RiverStone to streamline legacy exposure

RiverStone International, a global specialist in acquiring and managing legacy insurance and reinsurance portfolios, has agreed to take on around $400m in net legacy...
Wall Street banks commit $270m to stablecoin venture

Wall Street banks commit $270m to stablecoin venture

A group of major global banks, including Goldman Sachs and Citigroup, has reportedly committed around $270m to fund Project Faro, a joint venture preparing...
Penn River and Solvrays target life insurers' legacy tech

Penn River and Solvrays target life insurers’ legacy tech

Penn River, a cloud-native policy administration provider for the life and annuity sector, has introduced TotalityOne, a modular platform built with AI orchestration firm...
Tieto Banktech and SEB partner on Baltic e-commerce payments

Tieto Banktech and SEB partner on Baltic e-commerce payments

Tieto Banktech, a provider of modular banking software and services, has joined forces with SEB in the Baltic countries in a strategic tie-up aimed...
Creandum backs Ancep’s AI push into commercial insurance

Ancep raises $8.5m to unlock brokers’ untapped revenue

Ancep, a London-based InsurTech developing AI agents for commercial insurance brokers, has raised $8.5m to help brokers place smaller risks they would otherwise turn...
Suiteify brings Findity’s AI expense tools to Germany

Suiteify brings Findity’s AI expense tools to Germany

Findity, a Stockholm-based embedded expense management provider, has partnered with Suiteify, a DACH-focused business software company, to launch an AI-powered expense management solution for...
Morgan Stanley taps MDOTM to scale model portfolios

Morgan Stanley taps MDOTM to scale model portfolios

MDOTM, the provider of the AI-powered Sphere platform, has been chosen by the Portfolio Solutions team at Morgan Stanley Wealth Management to support the...
JMR Infotech rebuilds Abay Bank’s financial crime defences

JMR Infotech rebuilds Abay Bank’s financial crime defences

JMR Infotech, a worldwide supplier of banking technology and digital transformation services, has completed a compliance platform upgrade for Ethiopian lender Abay Bank. According to...
AI-driven software demands push banks towards open APIs

AI-driven software demands push banks towards open APIs

Prolific Banking has launched a new developer portal and API offering to help banks meet growing demand from commercial clients for direct integration with...
Skipton expands NPTN role to tackle UK homebuying delays

Skipton expands NPTN role to tackle UK homebuying delays

Skipton Building Society is expanding its involvement in LMS's National Property Transaction Network (NPTN) as lenders look to improve mortgage processing, reduce transaction delays...

News Stories

KYCP’s COT 2.1.7 targets friction in client onboarding

KYCP’s COT 2.1.7 targets friction in client onboarding

Client onboarding remains one of the most stubborn pain points in financial services, where unclear instructions, messy document collection and cluttered data views can...
AI financing fears trigger equity rotation, EXANTE finds

AI financing fears trigger equity rotation, EXANTE finds

Strong corporate earnings are no longer enough to move markets, according to EXANTE’s October equity review. The investment firm describes a growing disconnect between...
fincite brings AI and tokenisation debate to Swiss banking

fincite brings AI and tokenisation debate to Swiss banking

What will AI and WealthTech actually leave behind for Swiss banks? According to fincite, that was the central question drawing more than 150 decision-makers...
PremFina and boom team up on premium finance

PremFina and boom team up on premium finance

PremFina, a UK-based premium finance provider, has entered a long-term strategic partnership with boom, the digital insurance brand run by Abacai Technologies Limited, to...
Amdocs moves into InsurTech with $340m EIS acquisition

Amdocs moves into InsurTech with $340m EIS acquisition

Amdocs, a provider of mission-critical systems for communications firms, has agreed to buy EIS, a San Francisco-based InsurTech platform provider, for roughly $340m in...

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