Partnerships

Coterie-selects-Relativity6-to-strengthen-underwriting-automated

Coterie Insurance selects Relativity6 to strengthen underwriting

Coterie Insurance, the small business insurance disruptor with an automated underwriting engine, has selected Relativity6’s API to strengthen underwriting.
Corlytics acquired ING SparQ to digitise regulatory change lifecycles

Corlytics acquired ING SparQ to digitise regulatory change lifecycles

Corlytics, a regulatory risk intelligence platform, has acquired ING SparQ to enable digitalisation across the regulatory change lifecycle.

Moneythor and Paymentology team up for next-gen data-driven banking experiences

Paymentology and Moneythor, the global issuer-processor leader and the top-tier provider of data-driven engagement tools for banks respectively, have unveiled their collaboration. The essence of...
Online lending can be a more profitable asset class than stocks, bonds and real estate, according to the latest research by the Gillmore Centre for Financial Technology. The research revealed that the newly developed framework of general characteristics-based portfolio policies (GCPP) can achieve an average rate of return of 8.86 to 13.08 percent each year in an extensive data set of online loans collected from LendingClub. This significantly outperforms an equal-weight portfolio of loans. The paper ‘Gaining a Seat at the Table: Enhancing the Attractiveness of Online Lending for Institutional Investors’ recommends that institutional investors “gain a seat at the table” when it comes to online lending, warning that investors may miss the boat due to a lack of awareness and understanding of the asset class. Ram Gopal, Director of the Gillmore Centre for Financial Technology at Warwick Business School and Co-Author, said: “Online lending is in danger of slipping by and costing institutional investors, in particular, a lot of money. Limited awareness of this emerging asset class and the accompanying lack of understanding in industry, coupled with stringent government regulations, has led to this high potential investment flying under the radar.” “Online lending through a GCPP framework can have a transformative impact on institutional investors and unlock business growth for many organisations. Industry leaders and asset platforms should work together to ensure that businesses and investors collaborate on appealing investment opportunities that provide high pay-offs, underpinned by the research of world-class institutions that can lead innovations in emerging opportunities such as online lending.” Morris Strub, Associate Professor at the Gillmore Centre for Financial Technology and Co-Author, commented: “The absence of effective frameworks for investment in online loans and other new asset classes continues to complicate the investment landscape. But the Gillmore Centre’s development of GCPP can help sophisticated investors to harness the potential of new asset classes emerging from Financial Technology. Our framework can be applied not only for investment on online lending platforms, but also for traditional assets such as stocks or bonds. The paper was authored by a quartet of leading university academics including Ram Gopal, Director of the Gillmore Centre for Financial Technology at Warwick Business School; Xiao Qiao, assistant professor at the School of Data Science at the City University of Hong Kong; Moris Strub, associate professor at the Gillmore Centre; and Zonghao Yang, PhD student at the City University of Hong Kong.

Wilshire Indexes turns to Alveo’s DaaS for corporate actions data optimisation

Wilshire Indexes, a premier global benchmark platform, and Alveo, a top-tier provider of cloud-based market data management services, have embarked on a partnership.
TIFIN and Franklin Templeton unveil revolutionary employee financial wellness tool

TIFIN and Franklin Templeton unveil revolutionary employee financial wellness tool

TIFIN, a trailblazer in AI and WealthTech, collaborates with Franklin Templeton, renowned for its global asset management prowess, to launch TIFIN @Work.
Greenomy

Greenomy, PwC Belgium forge alliance to transform sustainable finance reporting

Greenomy, an ESG reporting provider, and PwC Belgium, a prominent global professional services provider, have entered a partnership.
Thunes joins forces with Access Africa to facilitate seamless transactions

Thunes joins forces with Access Africa to facilitate seamless transactions

Access Africa, a payment product developed to simplify global payments through various channels including P2P and B2B, and Thunes, a payment infrastructure platform that proficiently connects over 130 countries into a unified network, have collaborated to amplify and streamline cross-border payment services across 13 African countries.
Ayden

Adyen partners with Straumur to enhance payment processing in Iceland

Adyen, a global financial platform, has announced a significant partnership with Icelandic firm Straumur, a subsidiary of Kvika.
KYND-Ethos-broking-partnership-cyber-insurance-sales

Ethos Broking strengthens cyber insurance capabilities through strategic partnership with KYND

Ethos Broking, a UK-based network of community brokers under the Ardonagh Group, has partnered with KYND, the next-generation provider of cyber risk management technology.
BitRail and Payment Lock forge alliance to revolutionise digital payments

BitRail and Payment Lock forge alliance to revolutionise digital payments

BitRail, a pioneering FinTech firm known for its "PayGenius" white label platform, which enables merchants to launch their own branded digital payments, wallets, and loyalty programs, has announced a strategic partnership with Payment Lock, a leader in custom payment solutions with a vast network of over 300k merchants.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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