Majority of asset managers support tech, data investment to aid Covid-19 recovery
A survey by Temenos has found investment in technology and data infrastructure are the most vital priorities for asset managers as they look to deliver a post-pandemic recovery.
Machine learning startup Taktile snares $4.7m in seed financing
German firm Taktile has reeled in $4.7m from a seed funding round led by Index Ventures.
BNPL market projected to generate almost $4trn annually by 2030
A report by Allied Market Research has projected that the buy now, pay later (BNPL) will generate $3.98trn by 2030 and record a CAGR of 45.7% from 2021 to 2030.
Thailand central bank unveils plans for digital currency pilot in 2022
The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.
HSBC Qatar introduces mobile payments service in banking digitisation push
HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.
Sagicor launches digital engagement solution through Life.io partnership
Barbadian financial and insurance business Sagicor has launched a digital engagement platform through a partnership with customer engagement firm Life.io.
Munich Re, HCL collaborate to transform digital workplace offering
Global reinsurer Munich Re has teamed with technology firm HCL Technologies to develop a ‘next-generation’ digital workplace for Munich Re workers.
CertiK raises $24m in Tiger Global-backed Series B+ round
US blockchain security firm CertiK has raked in $24m from a Series B+ funding round led by Tiger Global and GL Ventures.
Jenfi said to secure $6.3m in its Series A round
Jenfi, a provider of revenue-based financing and analytics, has reportedly collected $6.3m in its Series A round, which was led by Monk’s Hill Ventures.
HSBC Insurance enters agreement to buy AXA Singapore for $575m
HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.
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