2021 Christmas spending fuels ever-growing BNPL debt bubble for consumers
After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.
The missing link to data management
It is critical for organisations to foster a data-centric culture that drives business value. The key to this, Quantexa argues, is a contextual approach to master data management (MDM).
Digital underwriting: the race is now on
Insurance underwriting processes are undergoing a period of transformation. With the explosion of data and growing important of customer experience, insurers must act now.
MoneyLion to acquire embedded finance marketplace Even in $440m deal
Digital financial platform MoneyLion has entered into an agreement to purchase Even for $440m.
Does reconciliation pose a big threat to asset and wealth managers?
A study conducted by AutoRek and Worldwide Business Research has found up to 60% of asset and wealth managers view reconciliations as the biggest challenge to their company.
Slide closes Series A, wields big data over the competition
Slide, a full-stack homeowners InsurTech, has closed an oversubscribed $100m Series A funding round. The round was led by Gries Investment Funds and Tampa Bay...
Recordent collects $400,000 in funding to boost customer experiences
Technology-enabled credit and reporting platform Recordent has reportedly raised $400,000 in an angel funding round.
Why flexibility is imperative when developing digital financial services
A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.
Why cloud technology is key for digital platform speed and scalability
One of the key factors for companies in the digital age is ensuring that consumers can access their information quickly and efficiently. When these processes become too slow, this can have a damaging effect on the user experience.
Singapore unveils national program to deepen AI capabilities in finance
The Monetary Authority of Singapore (MAS) and the National AI Office (NAIO) have launched a national initiative aimed at strengthened AI abilities in its financial sector.